To all our supporters:
Thank you for your excitement and being with us on our journey to building a financing super highway. As many of you know, we are backed by a very reputable company, Robocoder Corporation, and therefore under high scrutiny to follow all regulation. The advisors we are talking to are, if not more, reputable as Robocoder; therefore, they have mandated that we are above board legally before making any official commitments.
So what steps are we taking?
1. We have gone over the Howie test with our legal counsel and we are 100% confident by current definition, that our token is not a security.
2. To pass the Howie test, we have to lower the presale bonus from 40% to 10%.
3. We are implementing full KYC/AML for both our pre-sale and token sale. As our token is not a security, we are opening the doors to all Canadian contributions.
4. We will attempt to partner with a reputable third-party KYC/AML digital identification firm to audit all contributions to our presale and token sale.
5. We are delaying the presale and token sale to prepare for these changes.
What does this mean?
Presale and Token Sale
Our new presale date is: December 7th 17:00 UTC to December 21st 17:00 UTC.
Our new token sale date is: February 7th 17:00 UTC to February 28th 17:00 UTC.
The new bonus structure for the crowdsale is TBA.
We appreciate and are in awe of all the support we have received over the last 2 months. To thank our supporters, we are doubling the bounty program rewards from 2,000,000 FTX to 4,000,000 FTX, and extending the deadline until Februrary 28th 17:00UTC. Please see all information at https://bitcointalk.org/index.php?topic=2101606.0
Exciting progress has been made to expand our team! The preliminary list of advisors will be available by December 2017.
Thank you for all your support, patience, and understanding. We are proud to have you as our supporters and hope you will stay tuned to our exciting project in the following months to come.
The FintruX Team
About us: FintruX Network is the global P2P lending ecosystem powered by blockchain and no-code development. FintruX facilitates marketplace lending in a true peer-to-peer network to ease the cash-flow issues of SMEs that typically face challenges getting loan financing, such as startup companies.
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