Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] (CED) CEDEX 1st Ever certified blockchain diamond exchange
by
123newath
on 22/01/2018, 20:05:36 UTC
Hard Cap Adjustments

As a result of the current high volatility of ETH, CEDEX has decided to adjust the hard cap for the token sale, to ensure the transparency and affordability of the CEDEX Coin.

- The original hard cap was 100,000 ETH. However, due to the recent rapid shifts in ETH/USD rate, CEDEX has decided to cap the dollar value to be sold during the Token-Sale at $40 million USD. According to this adjustment the value of 1 CEDEX Coin will not exceed 80 cents.

- As the Hard Cap for the Token-Sale will be published in ETH, prior to the event, on March 14, 2018 08:00 GMT, CEDEX will be locking and publishing the final ETH amount to be sold in the token-sale.

It was good adjustment. We saw similar examples before because of price fluctuations.