Quote from: Lemmytron on September 20, 2017, 03:50:00 AM

To the good people at ETCH,

I've noticed there is very little information regarding tokens and token distribution. All I seem to see is the value and market cap. As I am currently the second biggest investor in your tokens to date at a whopping 2.12416228 ETH I would like to know when I could expect to see the fruits of my Ether? I would be happy to invest many more of my ETH if I had a little more feedback. I'm sure there are many potential investors out there thinking the same. Also you don't seem to be listed on any upcoming ICO websites. Just a thought.

Kind regards
Anonymous ETCH investor

Hi Lemmytron,

Thank you for your support, I understand your concern.

We have been advised not to issue any tokens until post sale to avoid any accusations of insider trading or risk looking like a ponzi scheme. When tokens are released, individuals are suceptible to getting hacked or could even start trading tokens on a secondary market, undercutting our own token sale.

The implications for other ICO's distributing tokens immediately and promoting staged bonuses risk this coming back to bite them in the ass in a big way.

As for the ICO website listings... Again it's something we're moving ahead with carefully. We created self imposed hurdles in our pre-sale to only accept a small amount of money from certain investors while our legal team and other partners continued to navigate this space with caution. We have approval to broaden the scope of which counties we accept token sale contributions from. It's a level of restraint that is uncommon in this industry but one that is required to succeed long term.

We are aiming to raise £5m and we have to be sure we get an ROI on marketing budget from our pre-sale in addition to tokens we promise to marketers post sale. Many ICO listing sites can't show a good ROI. We're obligated to use our budget responsibly. Particularly as we are committed to delivering this project regardless of the fundraising outcome.