R E S T R I C T I O N ON SALEThe founders and management of FXPay are acutely aware of typical market dynamics and token holder sensitivity in the weeks and months following any public token offering. There are numerous examples of offerings where holders of newly acquired tokens have suffered fall back in market pricing following a token sale for a variety of reasons. One factor is holders of heavily discounted tokens choosing to take quick profits. Whilst the market’s attitude and reaction to the launch of FXP is beyond the control of FXPay Inc. and its management, sensible measures have been included in the Token Sale structure to help shield token holders from early price slippage.
Indeed, it is hoped that these mechanisms, combined with the early commencement of business through the FXPay gateway, will go a long way towards bolstering market sentiment and supporting pressure for upward price movement. FXPay’s management is fully committed to delivering value, especially over the long term, to all members of the FXPay Community through solid and strategic development of the underlying business. As a sign of that commitment, a practical mechanism has been put in place by
way of sale restrictions for FXP holders who acquire FXP outside the public sale.
The FXP coin sale includes the following restrictive conditions:FOUNDER: Maximum 10% of holdings may be sold in the first year. No restrictions thereafter.
ADVISORS: Maximum 20% of holdings may be sold in the first year. No restrictions thereafter
PARTNER: Maximum 50% resale permitted during the first year. No restrictions thereafter.
EARLY SUPPORTER, WHITELIST: No resale permitted for the first 60 days of listing on Exchange. No restrictions thereafter.
PUBLIC PRE-SALE: No resale permitted for the first 30 days of listing on Exchange. No restrictions thereafter.
PUBLIC SALE: No restrictions
WhitePaperRegsiter on WebsiteBountyANN ThreadTelegram
