Published on November 21st, 2017 | by bitcoin0
Rise in Ethereum and Demand for Lower Entry Point forces trade.io to adjust Market Cap and Trade Token Price
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 fund raise to approximately $135 million.
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.
The modified market cap, as noted, leaves us with plenty of room to execute upon all original initiatives and milestones.
ICO pricing has been modified to one standard price being 1 ETH = 625 Trade Tokens.