Eternal Trusts Token Sale is extended until October 1st

Dear valued community,

After much deliberation, the Eternal Trusts team has decided to extend the time period of our ongoing Token Sale until October 1st.

As we truly value your continued support, we would like to be as transparent as possible about the reasoning behind this decision.

The key factors behind this move are as follows:

• The current bearish sentiment of the crypto sphere which is scaring away new investors. As the market is currently experiencing an extended bearish trend, it is clear that many potential contributors to new Token Sales are reluctant to make new contributions due to the fact that, in many cases, they are in losing positions on their current crypto holdings.
• Over the course of the Token Sale process, the concept behind the ET platform has taken on new dimensions. Based on feedback from potential clients during some of the roadshows we attended, we understood the need to expand the group of products and services that will be available on the ET platform. This expansion will allow us to now tackle multiple traditional trust purposes, such as charity, family support, and retirement, in addition to incredibly exciting field of life extension. In this way, when the newly revised version of the Eternal Trusts platform is ready to go live, we will be positioned to disrupt the whole multi-trillion trust management industry.
• In relation to the previous point, the extension of the Token Sale allows us the opportunity to further develop and fine-tune the wider product offering that the platform will now incorporate. With the extra time to work on this, we will now be able to release a working platform in place by the time the Token Sale is complete, reducing the risk of “pump and dump.”
• We are currently on-boarding a number of key partnerships which will again serve to reinforce the strength of the platform. These partnerships will be essential in the development of the final product.
• While we embrace the Token Sale format, many of our team come from the banking and financial sphere. This affords the team great connections with more traditional venture capitalists, with whom we are in negotiations regarding further contribution to ensure we hit the Token Sale hard cap. The venture capitalists tend to look deeper into products before committing their money and extending the Token Sale will give them more time to work through their internal processes.

It is also important to note that we did not collect any funds from the whitelist as of yet. We will only begin to do this once all contributors fully understand the new terms of the sale. There are no other modifications to the terms and conditions of the Token Sale except the date change. The first wave of the whitelisting process continues — in order to reserve your place among token holders, leave a submission on https://eternaltrusts.io/token

We would like to thank you, again, for your continued support, and we hope that our loyal community can understand the reasoning behind this decision and how it is only going to benefit the long-term future of the project.

With kind regards,

Kirill Silvestrov and the Eternal Trusts Team