Recap: After the recent Parity bug we had to restart. We successfully moved all existing wys tokens to our new smart contract and granted each investor a 1.25 multiple. On November 17th, 2017, our new presale kicked-off with a minimum investment of 25 ETH. Since the launch, we’ve received tons of requests from people wanting to invest smaller amounts. At the same time, the ETH price is exploding and because of this we’ve made a decision.
News: From today onwards, we’re opening our presale to all investors by removing the minimum investment requirement. To keep it fair for the community and for anyone who has already invested, all investments below 25 ETH will get a 15% token bonus and the exceeding ones still receive the existing 30% bonus. The presale volume for smaller investments is also capped to a maximum of 2460 ETH, the equivalent of roughly one million USD. The supply is limited on a first come first serve basis. Everyone who wants to stock up their wys tokens or wants to invest smaller amounts can do so on www.wystoken.org
Hardcap: We also want to use the opportunity to address our hardcap. When we started our ICO back in October, we’ve set our hard cap to 108k ETH (approx. 25m USD at that time). With the change of plans due to the Parity incident, our timeline has stretched to quite an extend. As we didn’t want to make any changes to our existing plan, we kept the hardcap and continued our ICO under the same conditions. As the ETH price has almost doubled since October, our hardcap increased to a whooping $50m USD.
Reality: With the rising ETH value, our hardcap is now an ambitious goal. However, we’re a platform with enormous potential. The wysker app is ready to launch worldwide on Android and iOS on January 31st, 2018 and features a portfolio exceeding 50'000 products. No matter what the final result of our ICO will be, we’re investing all of our efforts into expanding the wysker platform, improving its performance and scaling it globally. What follows is an increase of the wys token value.
Thank you for being a part of wysker and joining us along the way. Together we can make it happen.
Best from Berlin,
Tobi (Founder CEO)
