EOS INTEREST ICO MAIN SALE

EOSInterest.network
4 min readFeb 10, 2019

We are set to go. Our ICO main sale will go live on Feb 15, 10.00 GMT

There are certain changes to the ICO structure due to the current adverse market conditions.
Some are indeed good for the community and others were taken for the long term sustainability of the platform.
Here are the main changes:

1. Good news is that ICO main sale- stage 1 will have the same 50% pre sale discount .
Accordingly first 1,000,000 EOSiNT tokens to be purchased in the main sale will be 0.60 USD/ eosint. The same price as it was during the pre-sale.

ICO Main Sale Stage 1: Starts Feb 15, 10.30 GMT

Number of EOSiNT available for sale: 1,000, 000 EOSiNT

Price: 0.60 USD per EOSiNT

ICO Main Sale: Stage 2: Starts immediately after the sale of 1,000,000 EOSiNT

Number of EOSiNT available for Sale: 2,000,000 EOSiNT

Price: 0.75 USD per EOSiNT

We are not luring you with cheap tokens. Always use your due diligence and conduct personal research before you invest. However, rather than a quick fire sale, there is a more important economic rationale in our decision :If you have followed our previous announcements, you should have already known that our pre-sale concluded successfully.
During the period of pre-sale- ( November 20- December 19th) , 900127 EOSiNT were sold, including private sale contributions and a total of $505,436 were contributed in BTC, ETH, NEO and XMR. The total value of pre-sale contributions denotes the weighted USD value of the BTC, ETH, NEO and XMR as of 23 GMT December 19, 2018.

However, since then, BTC price plummeted from mid 5000 USD at the beginning of the pre-sale to 3,600 USD as of now.
We are extending the same discount for the main sale investors because A) They have already lost out in terms of their BTC to Fiat value.

B) Any further disparity between pre-sale price and ICO price would disproportionately benefit the pre-sale investors, effectively encouraging them to flip the token for a few Xs, leading to a dump.

2. Total number of Token for the main sale is reduced to 3,000,000 EOSINT.
A low capped project is more likely to navigate current market conditions. Therefore, we have reduced the total number of eosint tokens available for the sale to 3 million from the previous 5.5. million. The rest of the tokens will be locked for 24 months.
Scarcity of the tokens will add value and bootstrapping of the token for speculative gain.

3. All team tokens will be locked for 18 months from the date of the launch of EOSiNT DEX.

4. Personal hard cap is adjusted to 2000 USD.
In order to allow the maximum possible number of participants, we have lowered the personal hard cap to 2000 USD. The reduction of personal hard cap correlates with the reduction of ICO hard cap.

5. Dump proofed- attractive referral bonus
Most ICO tokens got dumped partly due to excessive pre-sale bonuses and referral bonus. We want to avoid such an eventuality. Therefore, we are adopting an innovative referral bonus scheme. Accordingly, we will refund 10% of ICO purchases of your referrals , directly in BTC ( not in EOSiNT token). You get BTC for helping the platform to grow, at the same time, defending the market value of the EOSiNT token

6. What will happen to your ICO proceeds?
Your ICO proceedings made in BTC, NEO, ETH and XMR will be kept in the same currencies and will be liquidated to PAXOS Standard Token (PAX), DAI or True USD- all are stable coins- at anytime, BTC drops below the resistance level of 3300 USD. We assume the BTC has not yet found its bottom, which may be in low 2000s or much below. We will buy back BTC, ETH, NEO and other currencies when we are confident the market had reached the accumulation period, which would probably be in the 3Q of 2019.
After that time, we will invest , 60 per cent of all ICO proceedings in an INDEX Fund, consisting of high yielding, risk leveraged alt coins. Given that we are operating with limited capital, alt coins, ( not all, but there are hidden gems) provide the best return.

7. Notice: There can be difficulties to log in to ICO website (https://eosinterest.network) immidiately after the ICO goes live. Please take your time. Do not rush. Refresh the browser and try again. . We have updated the servers since the pre-sale. We apologize for any inconvenience if difficulties recur.

8. Most importantly
If you encounter any support issues, please contact : support@eosinterest.network
Please don’t share your private keys with anyone. Don’t send your BTC, ETH , etc to anyone who claim as a team member. You can buy EOSiNT tokens ONLY from your dashboard.
Don’t click any suspicious links in our telegram channel, don’t get phished .

Be safe. Cheers!

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EOSInterest.network

DAO governed, dividend sharing, Multi-chain DEX. We are building a more equitable model of reward distribution in Crypto. Lean more: https://eosinterest.network