The Ternion ICO Announcement

Ternion Exchange
Ternion
Published in
2 min readFeb 12, 2019

The Ternion ICO is closed.

Dear Ternion Community,

When we first began on our quest to build a reliable and accessible to all, fiat-to-crypto exchange, and to advance the crypto ecosystem with our payment solutions, we decided to launch an ICO. We wanted the help of like-minded community on our mission to make crypto trading as easy as swiping your card.

Today, however, we need to face a reality of what ICOs became: instruments of crowdfunding that don’t deliver. We see most companies now turn to private sale rounds tailored specifically for VC funds. We have witnessed a rapid inflow of different ICOs that outmatch the demand for them. Investors are reluctant to contribute and companies themselves start to pull away from ICOs.

This is why we have made an executive decision to shut down the Ternion Token Sale. Instead, we will be relocating all our resources, skills and enthusiasm towards fully launching the Ternion Exchange and advancing the cryptocurrency ecosystem further. Although we change the means, we keep our main objectives intact. We are committed now, more than ever, to providing the best for our users, and always being transparent in both our financial and administrative conducts.

Please note that all the Ternion deposits have been refunded to the users. We would also like to remind that all the contributions below $10 (the minimum amount as stated in the white paper) have burnt and cannot be refunded; this was the main reason for enforcing the minimum amount threshold at the time of the Token Sale.

Bounty tokens can be still found in your personal Cabinet and are subject to the conditions previously stated in the White Paper.

For any additional information please email us at support@ternion.io.

Thank you for being a part of our community!

Stay tuned for more exciting Exchange announcements.

Best,

Ternion Team

About Us

Ternion is a hybrid crypto exchange with a fiat gateway and integrated merchant services for institutional and retail clients. Ternion is a partner of choice to both the market leading and emerging projects. To learn more about its mission and team please visit our website.

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Bitcoin Talk https://bitcointalk.org/index.php?topic=4623236.msg41743899#msg41743899

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Ternion Exchange
Ternion
Editor for

Ternion is a Comprehensive Trading Solution for the Individual Cryptocurrency Trader, Providing Crypto-to-Fiat, Fiat-to-Crypto, and Crypto-to-Crypto Trading