Important Update Regarding UChain Token Sale

UCHAIN
UChain
Published in
2 min readJun 21, 2018

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Dear UChain Community,

We have been monitoring the Public Presale progress, and it would seem that progress is slow in reaching the hardcap towards end of Day 2.

We have made an informed decision to cut our Public Presale short, and the new end time is now going to be:

June 22nd (1AM BST UTC+1) (9hrs from now)

Any payments made after this time will be rejected by our smart contract.

Crowdsale Update

Taking the market conditions into consideration, and the strategic initiative to rapidly scale the community, we have decided to cancel the Crowdsale contribution round and reduce our total hardcap. In place of a Crowdsale, we will put forward plans to host a Community Airdrop which will give a much larger amount of participants in the crypto-sphere the chance to receive some free UCN.

As a token of our appreciation for all of our Public Presale contributors, we will be airdropping an additional amount to reward their contribution (on top of their existing investment) and continued support for our project from the earliest stages.

We will publish a Whitepaper Addendum, with a detailed plan for the Community Airdrop and overall token sale structure, within the next couple of days.

Thank you all for your interest shown so far. Stay tuned for more exciting updates on our progress.

Best Regards,
UChain Team

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UCHAIN
UChain

The next generation distributed smart network blockchain for the sharing economy. Visit us at https://uchain.world