Tradingene
@ Dear
Over the course of the last year, my enthusiastic and brilliant team have been focused on introducing Tradingene and its merits to the world. We have covered key territories in Asia, Europe and North America, sharing our vision and belief in our platform’s ability to deliver trading algorithms.
We have met with hundreds of investors, both private and institutional, as well as key players in the blockchain world. However, despite all our efforts, we have been less successful than anticipated in our public sale, which ends this Saturday.
Despite this, we have generated great interest from a number of large investors, funds and syndicates. Therefore,we will now go forward and continue to work to attract investment from funds and syndicates after the close of our current tokensale. We anticipate pricing to be at market prices with lock-ups for investors during the future sales.
For smaller investors, we don’t anticipate crowdsales in the future. We will keep open the current tokensale for one additional week, until July 1, providing access up until the first algorithm auction at the beginning of July. Here you once again may see in all key details how our ready-to-use platform works: https://medium.com/@tradingene/first-auction-complete-on-tradingene-platform-da7472c2da78
For all those who have already invested in Tradingene, we offer a compliment in the form of fixing the most favorable rate of the TNG token from the moment of making their investment to the moment when to tokensale will ends 1st of July.
The new Tradingene tokensale terms will be as follows*:
*Please do not advertise externally, available for friends & family only until 21 of June
The overall number of tokens will remain fixed at 14.2 million, 10 million of which will be offered to accredited investors. We plan to sell the tokens over five rounds, each of which will be based on our reaching certain milestones:
· Round 1 – 3 million tokens (currently on offer)
· Round 2 – 3 million tokens to be offered upon reaching $5 million AUM (assets under management)
· Round 3 –2 million tokens to be offered upon reaching $20 million AUM
· Round 4 –One million tokens to be offered upon reaching $50 million AUM
· Round 5 – One million tokens to be offered upon reaching $100 million AUM
Importantly, as previously announced, our marketplace will launch in the first days of July. We are extremely proud of the hard work done by the team to bring trading algorithms to all investors, particularly since our impending marketplace launch puts us months ahead of our roadmap.
We are committed to building a powerful platform that serves our community of algorithm creators while bringing the power of trading algorithms to investors of all sizes. We thank you for your support and look forward to sharing our future successes you.
I invite you to contact me with any questions or comments you may have.
Sincerely yours,
Daniel Wolfe
Tradingene
CEO
tradingene.io