We have made some changes to support the Zeto Community. ETH is now pegged at $800 for our Pre-Sale.

Stephen Slattery
zetochain
Published in
2 min readMay 10, 2018

The price of ETH is now pegged at $800 for our Pre-Sale. We have also extend the Pre-Sale by 3 days to give the community extra time to buy ZetoTokens at this new price.

Since we launched the ZetoToken Pre-Sale last week we have witnessed significant fluctuations in the price of ETH. We fixed the ETH to USD price on midnight of the 27th of April. Since then we have seen ETH trend steadily upward in value and this is a trend that we expect to continue until our ICO.

In order to counteract this, and to protect our TokenHolders from price fluctuations, we have now redeployed our Pre-Sale Smart Contract with an ETH to USD price of $800! The new closing date for the Pre-Sale is now midnight (UTC) on Monday the 14th of May.

Anyone who has purchased ZetoToken to date will receive an additional allocation of Tokens after the Pre-Sale closes. Anyone who purchases Zeto Tokens between now and the end of the Pre-Sale on the 14th will receive

> The built in 20% Bonus plus

> The new bonus based on the new ETH to USD pricing model which we are deploying in the updated Smart Contract.

Please also note that there is a New Smart Contract Address! You can see this on the ZetoChain.com website and verify it on the Pre-Sale Announcement Blog Post and the pinned message our Telegram Group.

Ensuring that the Zeto Community is rewarded for their support of the ZetoChain platform by purchasing of ZetoTokens is fundamental to the Zeto team. We hope that this gesture by Zeto helps to ease any concerns regarding ETH price fluctuations that the community might have and we look forward to launching ZetoChain in the coming months and keeping you updated at each step of the journey.

Originally published at www.zeto.ie on May 10, 2018.

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