Benchmark Utility Token Sale Extended!
After serious consultation with key partners and stakeholders, we’re excited to announce that our utility token sale will be extended until 29 January 2019.
This decision was not taken lightly and only implemented after careful analysis of market trends and stakeholder management processes. The extension will afford us the opportunity to solidify important deals which will benefit all of Benchmark’s participants.
During Benchmark International’s token sale we have been able to establish a significant amount of interest from a global perspective. Benchmark has continued to gain a lot of momentum and our participation in several international conferences has also attracted the interest of many large investors.
However, due to the price fluctuations and stabilisation of the crypto market, large-scale projects are taking more time to implement and with the sale period being extended fundraising can continue to ensure our growth curve is maintained.
Benchmark’s ability to attract a wide variety of investors has to a large extent been due to our token being underpinned by numerous scalable, ring-fenced projects in cutting-edge Fintech and in Planet Friendly Recycling, 360-degree green building and renewable energy.
This sale extension is part of our roadmap to consistently create high demand for our tokens. We know that the extension of the token sale will certainly pave the way for further growth of our project development strategy. The Benchmark Stokvel, which is the precursor to our hedge fund, is a great example of our strategic project development implementation plan aimed at sustainable growth.
The crypto market is not immune to cyclical behavioural patterns and after the dramatic increase in price during 2017 the stabilisation of the market creates a far more sustainable and less volatile market. This will undoubtedly continue t attract high profile corporate investors and ensure the alternative economy becomes the primary economy.
We want to thank our investors and participants for your support during our sale period.
Benchmark Chief Operations Officer and Co-Founder