It has been decided by the Lendo management team to extend the ‘20 cents’ token sale period for several more weeks before increasing the token price to ‘40 cents’.
The reason for this decision is that we have recently signed agreements with several important new marketing partners to start promoting our token sale. They have requested that we keep Phase 1 open longer so that their investor network has time to evaluate the companies offers and make final decisions.
We would like to stress that we realise the importance of finalising our ICO and getting the token listed on exchange as quickly as possible, however we feel it also important to welcome new marketing partners on board with the right commercial terms and timelines.
Lendo’s mission will always be about the long term sustainability and profit of the business model and we believe that this will drive up the token price and increase the worth of the company over the years ahead. The market is moving and changing every day so we believe it’s important to remain flexible in our token sale strategy.
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