Statement from Herbert Law the CEO of Crypto Price Index:
"I wanted to give an official update regarding the progress of CPI. Like many businesses, we have been negatively affected by the COVID-19 virus Global Pandemic. It has delayed our progress and investments. Due to the lack of investment funds I was unable to move CPI on to larger exchanges and complete a large World wide marketing campaign. The reason we need larger exchanges is to create more liquidity for trading CPI. We were unable to accomplish this due to the lack of funding which has delayed our progress because of Covid-19. CPI is continuing to move forward and needs everyone's cooperation and support during this time.
I am declaring a Force Majeure situation. This means we have an UNforeseen situation and a natural disaster and need to delay opening up wallets and onboarding deposits on the exchanges for 90 days because of the Covid-19 virus. I plan to open up CPI for free trading Jan 15, 2021 however if we are able to do it sooner I will advise you accordingly.
These projects take time and especially in the midst of a Global Covid-19 Pandemic. We are currently talking to different potential investors, but the pandemic situation is making the situation more difficult. We will keep everyone updated as soon as we have more news."
it is obvious that such news will soon become commonplace. the world economy is in a very difficult situation ... many projects from the IT world will suffer in the near future.
