Re: [ANN][ICO] ✅✅ KRYLL.IO - Automated crypto trading strategies made simple ✅✅
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 wont 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.
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 wont 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.
So Hard cap for the ICO is decreased right? and how about the bounty campaign will it extend to April 20th?