Cypherium (CPH) Token Sale: September 16, 2020 9PM PT(UTC-7) Update
Dear Cypherium Community,
Here are some urgent updates regarding our public sale. Due to the surge of interest in our project, we at the Cypherium team want to create more ways for people to participate in the token sale. For that reason:
We are postponing the commencing of public sale from Monday, September 14 to Wednesday, September 16, 9PM PT (UTC-7).
We plan to do this for two important reasons: the first is that many members of the community want to participate in the sale by paying with BTC and/or ETH. We are working with TokenSoft to make this possible. Pushing the public sale date back by two days will allow us to accept BTC and ETH as viable payment for CPH tokens.
Second, in our consideration to postpone until Wednesday (September 16, 2020), our KYC requirements mandate that we carefully review each customer profile. This is a manual process that takes time and energy. TokenSoft is preparing a queuing mechanism that will allow us to process such a high number of buyers, but even with this, the process can be lengthy. Rescheduling the date of our sale will allow both TokenSoft and our team to process more KYC applications and to train additional staff to verify KYC so that we no longer face this bottleneck.
We appreciate the massive amount of enthusiasm around our project right now, and we are so excited to deliver the product that our community deserves. From our inception, however, Cypherium has sought to ensure that our network takes the necessary precautions to deliver its products safely, for the sake of our customers and our technology. Thank you for your patience and ongoing support.
Please stay tuned for further updates.
Onwards,
Cypherium Team