Spherium Finance: TGE and IDO Deferred
Spherium Finance postpones its TGE pertaining to volatile market conditions.
Dear Spherium Community,
We hold our community at the centre of our ecosystem.
You are all certainly aware of the current market situation — so are we. And our mutual desire to succeed can ask for desperate measures.
After close consultation with our advisors and partners, we’ve made the difficult decision to defer our IDO and TGE in light of the ongoing market conditions and the crackdown in the Chinese Market for somewhere between one to three weeks.
Spherium IDO and TGE Update
DAOMaker SHO Update
DAOMaker SHO will conclude as per its schedule, allowing participants to reserve their $SPHRI tokens. The token distribution will be deferred pertaining to the change in the TGE event.
Gate.io IEO Update
The IEO on Gate.io will conclude as per the set schedule but the TGE will be deferred for anywhere between one to three weeks. $SPHRI tokens will be distributed after the TGE.
BSCPad and Pentalaunch IDO
The IDOs across BSCPad and Pentalaunch will be deferred for up to three weeks, allowing the broader crypto markets to recover. Spherium will announce the target date of the IDO in the coming weeks. Our ecosystem partners will relay the same information through their official channels.
All market analysts agree that the subsequent market increase is coming soon and will be disproportionately significant, so our team will keep a close eye on market movements and announce a date for the IDO and TGE accordingly.
We would like to take this opportunity to offer caution to our investors/community against potential scams operating in our name. Always follow our official channels for the latest announcements. None of our team members will ever seek your personal information, so kindly practice caution.
About Spherium Finance
The Spherium Finance platform offers a complete suite of financial services comprising a universal wallet, token swap platform, money markets, and inter-blockchain liquidity transfer. Our platform will function as a global financial service provider, extending fundamental financial services to the unbanked.
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