BitForex Listing and IEO Cancelled

CINDX
CINDX
Published in
2 min readJul 25, 2019

We regret to inform you that due to circumstances beyond our control, the IEO rounds that were conducted on June 25 and 27 at BitForex will be cancelled, and we will not move forward with the listing of the CINXO token at this time.

The BitForex exchange and CINDX have insurmountable disagreements in terms of listing strategy and investor rights protection, thus the collaboration with the exchange had to be terminated.

BitForex will issue refunds within 7 days from the announcement to the participants of the IEO rounds that will cover 110% of the price of purchased tokens.

The additional 10% will be covered from the funds of CINDX to provide some return to those who supported our project and as a token of gratitude to our community.

Our goal for the near future (tentatively — late Autumn 2019) to launch IEO campaign on other exchanges and platforms after getting more traction with the actual product.

The CINDX dev team has recently rolled out a working version of the product for testing and is sufficiently financed for the foreseeable future, and the development of the project will continue according to the roadmap.

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CINDX
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