Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] ✅✅ KRYLL.IO - Automated crypto trading strategies made simple ✅✅
by
kryll
on 16/03/2018, 19:39:11 UTC
Important update :  Kryll.io ICO extended to April 20th & max supply reduced to 72M KRL



Quote
Dear community,

We listened to your comments regarding the token supply allocated the Kryll company/team and we submitted a solution that was approved by a large majority (Yes at 92%). The final decision takes effect today.

Max supply is reduced from 220 Millions to 72 Millions KRL :

- Non-saleable Tokens supply will be reduced from 76M to 32M.

- We reduce the saleable KRL amount from 144 millions to a maximum of 40 millions. (Unsold tokens won’t be generated)

New ICO end date = 20th April, 12 Noon UTC.

- The ICO is extended by one month to have time to continue marketing & MVP promotion efforts/investments.

This will have several advantages :

- More time in the current bearish market will help us achieve the ICO in a better way. (marketing, partnerships, more investors, MVP improvements & features)

- A 72 Million Max supply will have a strong effect on KRL tokens valorisation.

- This brings the current distribution (if no more Krylls were to be sold) to 33% for investors, 33% for company (legal/advisors/team vested for 1 year), 33% for the community (user acquisition/contests/hackathons).

- Each token sold from now on will increase the share of investors in the token supply.

Thank you to our loyal community for supporting us.