Published On: Tue, Nov 28th, 2017

Trade.io Adjusts Market Cap & Trade Token Price Based On The Rise in Ethereum And Demand for Lower Entry Point

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Zug, Switzerland – trade.io announces that as a result of community response, the company has decided to take steps to enable greater participation in its highly anticipated ICO. This includes adjusting the entry price per Trade Token to a lower price to allow for broader participation and reflect the rise in Ethereum, which is used for purchase.
With the soft launch already achieved during the PRE-ICO, the price reduction lowers the upper level of the funds raised to approximately $135 million. The result of this reduction will be net positive for existing and future Trade Token participants as it will provide existing token holders with a greater amount of additional tokens, and will allow new participants the ability to obtain a larger amount of Trade Tokens. Additionally, the start of the ICO has been revised to December 5th, still concluding on the originally planned date of December 15th, 2017.
On the changes, CEO, Jim Preissler commented:
One of the primary factors that prompted the price reduction was the ongoing rise in the price of Ethereum. We’ve been selling Trade Token based on the price of Ethereum, and the impact of the increase in its value has priced out …

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