Published On: Wed, Sep 13th, 2017

Open Money Expands Pre-Sale Due to High Demand

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The San Francisco and Toronto based blockchain initiative Open Money has announced that it is postponing until Saturday its highly anticipated email only pre-sale event. The program is being expanded as the pre-sale amount was over sold the day before it was scheduled to begin. Open Money experienced a flood of activity that provoked committed amounts of public token investors to demand more than what was available, which would be unfair to those already signed up.
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The team is now delaying the pre-sale to make it fair for all public investors to participate in the discounted OPEN Token pre-sale. The original pre-sale was to last for 72-hours, however, due to being oversold in advance, Open Money will now expand to one week in order to accommodate interest in the project. Open Money understands the benefits of having a well-distributed number of token holders to maintain the long term integrity and value of the Open Money project.
According to Fiz Kassam, CEO of Open Money, “the rush has exceeded our expectations. We were planning a very small private pre-sale in preparation for our initial token sale planned for the end of this month. However, …

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