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January 22, 2018, 11:27:41 AM |
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Hello, everyone! Concerning the token’s price:
When we deployed our smart contract and put 39 000 000 tokens on sale, we observed other market players and often saw tokens’ attachment to ETH. We did the same way. But ETH started going up rapidly and, respectively, our market cap increased incredibly. To implement our project we need $3 000 000 to 30 000 000, initially 30 mln tokens were equal to $30 mln. Currently, to reach hardcap we need to sell only 8 100 000 tokens. It appears that in that case we control the most part of the market, which is impolite towards our investors. And we will need either to burn some part of the tokens or search for another solution.
We worked out an adequate solution. After the end of the ICO the token’s price will be re-counted to $1 for 1 LVN and your investments will be re-counted. We will also add proportionally missing amount of tokens for everyone. For example, you invest 1 ETH and get 319 tokens automatically. We finish the ICO 28.02.18 with 1 ETH=$1300. This means you get extra 981 LVN + 10% bonus. Then we will operate with the token’s price of $1. 9 000 000 tokens will still belong to the team. If we don’t collect hardcap, all unsold tokens will be left for the next rounds (additional studies, development of new directions).
Thank you for understanding! In the nearest time this information will be updated on our web-site and available on all the social networks.
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