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June 01, 2018, 08:40:53 PM |
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To All Stockholders, Tokenholders, Staff and Global Members of Zypcoin Network.
As you are aware, there has been a constant set of new issues, concerns and changes in the regulations regarding cryptocurrency and ICO’s around the world. Many of these issues will have immediately as well as long term effect on growing the Zypcoin network.
Over the past month, we have been working with our legal team in Palo Alto as well as attorneys and tax experts in Europe to determine what would be the most appropriate jurisdiction for the Zypcoin ICO and network. And where it would have the optimum government and market support for the various applications and features that will be added, such as flyer e-commerce, payments, banking partnerships, as well as new functions and apps being added by members of the Zypcoin global network.
It is the consensus of everyone, that since the major portion of the Zypcoin network users and operations will be outside the USA it is recommended that we relocate the Company prior our public ICO sale. We have decided to relocate Zypcoin and its subsequent network operations management to Zug, Switzerland
As a result of this decision to move we will need time to complete all legal registrations and therefore we will need to postpone our public ICO sale.
Our new date for the launch of the Zypcoin ICO public sale is 1 August 2018. I understand that this is somewhat of a short term distraction and last minute interruption for everyone, but I am convinced that in the long term this relocation will contribute greatly to the growth of the Zypcoin network and to our success around the world.
We will keep our Presale open until 21 July 2018 to US Accredited Investors (SEC Reg D Rule 506c) and certain Non-US. Persons (Reg S). It offers a 30% discount and requires a $50,000 minimum investment.
Thank you for your support and I will keep you posted to the details and progress of this move.
Regards,
Ray Kasbarian
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