IMPORTANT: Changes in BRICKs tokens (Brixby project) Exchange Rate
March 5, 2018
Dear Brixby contributors and potential contributors,
Due to the very significant changes in ETH exchange rate and extreme volatility seen recently, Brixby team has decided to adjust BRICKs exchange rate and link it to US dollar instead of ETH as the public sale of BRICKs tokens approaches. The new exchange rate will be 0.12 USD for 1 BRICK.
The initial exchange rate for BRICKs tokens was estimated at 0.25 USD the time, when ETH was at exchange rate about 300USD and the price of 1 BRICK was 0.0005ETH. At the current prices, even after the significant fall of ETH, the price of the BRICK token is almost twice as high. We believe that for the success of the project and adequate BRICK valuation, as determined by WINGS community, we need to adjust the prices to ensure that the project’s value is not overestimated.
The exchange rate adjustment is based on the financial models used to prepare Brixby business plan. The financial model uses US dollar as a base currency. The exchange rate adjustment will bring the project back to the numbers of the business plan and ensure that the funds raised during the ICO do not exceed the project’s real needs.
FOR THOSE WHO ALREADY OWN BRICKS TOKENS:
· Brixby team is recalculating the number of tokens you shall own based on the new exchange rate.
· Each contributor tokens will be increased by 108.333%.
· The additional tokens will be transferred to your wallet within the next few days. If you have any further questions, please do not hesitate to contact Brixby team on Telegram or by email.
FOR THOSE WHO PLAN TO PURCHASE BRICKS TOKENS:
· You will get more BRICKs tokens for your ETH, BTC or LTC.
· The BRICKs tokens will no longer have a huge daily volatility.
About Brixby
Brixby is a marketplace that brings together people who want to rent, park, and charge their (electric) cars and asset owners of any size who are ready to offer those services, in one easy-to-use Brixby app. Brixby will provide a decentralized blockchain-based marketplace, where each transaction is confirmed. Transportation services are in high demand, due to the growth of cities and increases in population. It is a USD 74+ BN market, that will only grow in the years to come, which is ready for innovation and transparency. The Brixby team has successfully implemented similar services and is now taking on this global challenge.
To learn more about Brixby, please visit https://www.brixby.io
Media contact: info@brixby.net
