Dear all, we are thankful for your support!
We have more than 3500 active Telegram group members and more than 30 thousand people registered for the token sale. We have already started whitelisting and KYC procedure.
With this announcement we want to briefly inform you what changes we have implemented:
1. Webpage. Brand new webpage design, including new videos, is launched. Please take a look and drop a comment how do you like it on our Telegram group.
2. Whitepaper. We have made the following adjustments:
a. Section 2: We have added information about admission to Startupbootcamp Australia Energy Program and expansion to Australia .
b. Sections 3.7, 3.8 and 3.9: We made clarifications about the token economy and token distribution. In the last version of our whitepaper there were few vague statements about the token supply and our hard cap. This was clarified. We also added additional wording regarding lock ups, team tokens, burned tokens etc.
c. Section 4: We have added information about our new advisor — Trevor Townsend. Trevor is head of Startupbootcamp Australia Energy program and has an extensive background in Melbourne as an investor, director and founder. He was the Managing Director, Australasia at TIBCO Software, a Silicon Valley startup, which listed on NASDAQ in 2004, and designed the first wholesale energy software trading system in Australia during this time. He also has over 15 years of angel investing experience with numerous exits including two ASX listings.
d. Adjusted some of our images.
3. Token Sale Terms & Conditions. We have made the following minor adjustments:
a. Point 4.2: We have fixed a typo related to the applicable bonus until the soft cap is reached.
b. Point 6.2: We have adjusted definition of Ehtereum Wallet
c. Schedule 1: We have added additional clarification about the WPR functions related to the priority access to the green energy auctions.
d. Schedule 1: Indicated that unsold tokens will be burned.
Moreover, due to increasing Ethereum price we have received many comments about our token price.
Current token price is fixed at 1 ETH — 1000 WPR tokens rate. The price for tokens was fixed in the mid summer and applicable for the public pre-sale when Ethereum price was arround 350 USD.
Now when the price of Ethereum is above 800 USD, our token price has increased twice. The WePower team has taken into account all your suggestions, comments and views how to deal with the ETH price increase. The official WePower position about the price issue will be released shortly.
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