Received an email from FortKnoxster 1h ago:
Dear community,
First of all, thanks to the thousands of contributors who joined our early-bird pre-sale, your support and interest has been truly overwhelming.
Following an unforeseeable demand for the FKX token, we hit the total FKX token cap on Thursday the 11th January 2018, which was nearly two months ahead of the planned ending of our public ICO.
The day before, when we realized that we were running low on tokens, we sent out a “heads-up” e-mail to the community on the 10th of January 2018, explaining that if people were interested in contributing, then now was the time to contribute, in order to not miss-out. This resulted in a massive influx of contributors in a very short time span. At that time (Thursday afternoon CET) both the Ethereum and Bitcoin blockchains were extremely slow and therefore some contributions came in many hours later, making it very difficult for us to both control the maximum token cap and to block further contributions. As all early-bird contributions (due to security reasons) were made to individual wallets (and not to a public crowd-sale smart contract), it made it even more challenging to stop the early-bird private pre-sale in “real time”.
In total, we raised 11 M USD from more than 2000 contributors – distributed on 87.4 M FKX token - a result we are very satisfied with – also measured in the light of our very generous bonus structure.
After going through all the contributions and the calculations (some BTC contributions came days after), we concluded that we had in excess of 10% more token contributions, than we originally planned.
This was due to the strong demand and the above-mentioned delays in the blockchains.
Our priority from day one has been to have a broad crowd-sale for our community. A strong, broad and committed community is crucial for our growth and awareness of the FortKnoxster platform. Also, we do not want to disappoint people, who contributed in good faith, by not allowing them to get their FKX tokens.
Based on this, we have implemented a slight increase in the token numbers, as described below to ensure maximum participation and to adjust for the delay in registering contributions.
We have added an adjustment of 11.11% to increase the amount of FKX tokens making a total of 150 M tokens (from 135 M) and 89.250 M tokens available for the crowd sale (up from 80.325 M). Please check our updated white-paper for more information.
The difference between the 89.250 M and 87.4 M (1.85 M) will be air-dropped freely to all existing contributors-as an extra gesture
Airdropped tokens are distributed proportionally and have status as extra bonus tokens.
We hope our community understands and supports this slight change in our terms – and again thank you for the overwhelming support you have shown to FortKnoxster.
Short Q and A:
Q: I already contributed – what shall I do now?
A: Nothing-sit back and wait for the tokens to be distributed.
Q: When are the tokens distributed?
A: Latest the 18th of February.
Q: Hmmmm; can I have my contribution refunded?
A: Sure, please login in to dashboard (before January 30 at 9.00 AM CET) to see refund instructions.
Q: Is there any further news regarding exchanges or other developments?
A: Yes, we will soon release some exciting news – so stay tuned to our social media platforms.
Got Questions?
Our team members are always available to answer your questions. Join our public channels on Telegram and follow us on Bitcointalk, Twitter, Facebook, Reddit, YouTube, Medium. Also, you can always get in touch with us directly via email at
contact@fortknoxster.com.
