ATLANT, the blockchain real estate platform, has announced a reduction in the hard cap (total amount of tokens offered) for its ICO (initial coin offering), launching on September 7, 2017.
The significant recent increase in the price of Ether (ETH), Ethereum’s token, is the primary reason for this reduction. The hard cap reduction increases value for ATLANT’s early investors.
The ICO hard cap has been reduced as follows:
ATLANT also announced a progressive bonus structure for participating in the ICO. The relative value of ATL tokens will increase for every decile (10%, 20%, etc.) of ATL tokens sold, until 100% of the total allocation has been sold, as shown below.
The hard cap reduction and the new progressive bonus structure for the ICO both reflect ATLANT’s commitment to and our appreciation for our early investors, and also sets the stage for the best overall structure moving forward for our ICO, which launches September 7, 2017.
To sign up for updates and to get full details on ATLANT and our upcoming ICO, please visit atlant.io