Information to SNTR Holders
SilentNotary Recalibrates ICO: ETH Price Change Sited
To All Silent Notary Friends and Our Many Followers
Much has changed since we began planning for our ICO. The biggest of these is the increase in value of ETH from around 200 USD to well over $800 just recently. Every bit as important is the successful start of SilentNotary product sales and the further progress we experiencing.
In light of these developments, we are able to announce the following changes that all of us at SilentNotary believe will be beneficial to your interests.
We are able to lower the hardcap to $15m so the ICO will be closed once this level has been reached.
In addition, all unsold as well as Company owned tokens will be either burned or otherwise be distributed to existing token holders. Using a conservative ETH rate of $700USD that amounts to about 70.2% of all issued tokens. The final distribution will be made in compliance with our legal council.
This important decision was just reached today and we wanted to inform you immediately.
Max Breus and the entire SilentNotary Team.