Tutellus adjusts numbers for the ICO due to ETH’s price boost

Miguel Caballero
Tutellus.io
Published in
1 min readDec 19, 2017

ETH’s price is being crazy last 2 months. When we started to deploy the TokenSale, ETH’s price was around 350USD. Now it’s 845USD, it grew 2x.

So our numbers got, sincerely, crazy; both hardcap and minimum ticket in preSale grow to a levels we weren’t comfortable with:

  • Hardcap of 60.000 ETH means, today, +50MM USD.
  • Minimum ticket in preSale of 10 ETH means, today, +8.500USD.

We thought in our users and understood it wasn’t a fair situation for them: it was too expensive. So we have decided to took them to a low level:

  • Hardcap to 40.000 ETH.
  • Minimum ticket in preSale of 5 ETH.

We don’t want to get direct profit of these moments of boost pricing. If we would launch the smart contracts before and have started to fundraise, it wouldn’t have been possible to change it. But we’re on time and we try to make things as fair as possible.

You have all the information of our ICO in Tutellus.io.

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Miguel Caballero
Tutellus.io

Cripto builder. Tutellus, TurinLabs, Reental, Nash21, FITtoken, Zeemcoin, QSM y otros. Escritor (3 libros), divulgador y, como diría Feli, un tío de PM.