Why did you change token price for ICO guys ?
When we bought your tokens on PRE ICO - we had another terms...
Thank you both for your comments and concerns.
What you are saying is understandable and reflects the opinion of some.
Please keep in mind the following:The initial PRE-ICO rules stated that with 1 ETH, participants, would receive 200 Trade Tokens.
The hard cap had to be revised based on market and member concerns as well as due to the sharp increase in Ethereum's price (up 175% in less than a month's time - $300 on 09/11 up to $522 on 29/11), making it easier for everyone to participate as well as the project more realistic. Trade Token pricing was thus reduced by a factor of 5.
So, this was reflected in the revised price of 1 ETH for 1000 Trade Tokens with everyone receiving 1000 TIO instead of the original 200.
Moreover, all PRE-ICO participants had been given an additional 150 TIO as a bonus for their early participation and trust, raising the final actual PRE-ICO price to 1ETH for 1150 TIO.
Essentially, PRE-ICO participants have received for 1 ETH, 250 more Trade Tokens than early ICO participants (first week's ICO pricing stands at 1 ETH = 900 TIO). That's 28% cheaper.
After having proceeded with this fair adjustment, we had received a lot of praise by most PRE-ICO participants for which we are thankful.
General Information:If an organisation isn't quick to react and adopt it is doomed to fail. Rest assured that trade.io will not keep changing it's game-plan if there is no valid reason for it.
We had to take decisive action due to the many major changes that have happened during the last month. We also had to take notice of our members' comments.
Please keep in mind that no one has been left uncompensated and that all of the early contributors received an additional bonus number of tokens as a thank you over and above what was originally agreed.
The reaction we've received from industry experts around the world as well as forum members and contributors, the increase in the number of funds flooding in during the last stages of PRE-ICO, the number of inquiries and membership applications we are receiving right now in the days leading to the ICO, as well as the revision seen in regards to the reviews our project is getting all indicate that the changes made were wise and widely accepted.
Once more, thank you for your comments and concerns.
Any opinion or advice from dear members is always welcome.
