Structure updates & Token Sale extended to April 24th

GoHelpFund
2 min readMar 24, 2018

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Dear community,

After our last announcement, we have listened to the feedback received and decided to update certain aspects to the Token Structure, with respect to all people who participated, as it follows:

HELP Token value will be increased:

  • 1 ETH = 5,000 HELP (previously 50,000)
  • All tokens above 600 ETH hard cap will be burned, which means a minimum 90% burn.
  • Master Node will be 2,500 HELP / 0.5 ETH (previously 25,000)
  • Entity Master Node will be 25,000 HELP / 5 ETH (previously 250,000)

Air-drop for Token Pre-Sale participants

  • In May 2018 we will be giving out HELP Tokens to the people that supported us from the beginning, as a token of gratitude. Full details will be released at the beginning of April 2018.

Air-drop for Token Sale participants

  • In June 2018 we will be giving out HELP Tokens to the people that supported us on our journey, as a token of gratitude. Full details will be released at the beginning of April 2018.

Weekly Air-drop until the end of the Token Sale

  • Starting next week, we will be giving out HELP Tokens on a weekly basis to all the participants including new ones. Full details will be released on Monday.

Company / Team fund is reduced by 90%

  • We understand that the current changes have created a lot of uncertainty in the community, therefore as an action of solidarity, we will be reducing our own fund from 5,000,000 HELP to 500,000 HELP

Token distribution to all participants

  • As we stated previously, we will be adding now the feature of withdrawing the tokens to your specified wallet address, using the Personal Dashboard.

Token Sale end date changed to 24th April, 20:00 UTC+0.

  • The Token Sale is extended by one month, in order to focus on marketing/content/videos and the MVP release.

Bounty Campaign end date changed to 24th April, 20:00 UTC+0.

  • All the Bounty Campaigns are extended by one month and we will also add a Telegram Section.

This translates to several advantages:

  • More time in the current bearish market will help us achieve the Token Sale in a better way. (marketing, partnerships, more investors, MVP improvements & features)
  • A minimum 90% burn will have a strong positive effect on HELP Tokens value.
  • As a bonus, we have finished the iOS App and will be published in the App Store as soon as possible.
  • Weekly technical articles and videos from us as we will be focusing now on knowledge sharing.

After a lot of debate and objective feedback from the community since the beginning of the year, we are 100% positive that we have reached an immutable state, therefore no more changes from now on.

A BIG Thank You to our community for supporting us.

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