ICO TokenGo — A New Stage!

Good Afternoon, Friends!

By the established tradition, I want to continue our dialogue with you, again. Today, I will talk about the current situation in the TokenGo Project, about what conclusions the team has come to, and I will also dwell in detail on what additions and corrections we are waiting for, in the very near future.

Let me remind you that, you can ask all the questions directly to me through a special form on our official blog, and in the next stream on Facebook, which is tentatively due on 26.02.2018, I’ll try to give them the most detailed answers.

As you know, at the moment we are preparing for the ICO Stage, which starts on February 27th, 2018 and ends on April 30th, 2018 or upon the achievement of Hard Cap.

I earlier said that, in connection with the growth of Ethereum our team decided to reconsider the size of the Soft Cap and Hard Cap for the ICO, and also to adjust the binding of the project to phiatic means in order to minimize the echoes of jumps within the platform.

We analyzed the situation for a long time, choosing the most optimal way of adjustments, and came to the following conclusions.

We reduce the ICO Soft Cap to an amount of 10,000 ETH, and leave the ICO Hard Cap at the same level. Why is this decision made?

The updated Soft Cap is the minimum amount of investment that will allow us to start developing the TokenGo platform in accordance with the obligations set out in White Paper, before the participants. Observing the current interest in the site, we are absolutely sure that we will collect this amount during the ICO phase and successfully proceed to the launching of TokenGo exchange, preparing the platform release, etc. according to our road map.

Unfortunately, this amount is not enough for the entire road map, however, now we already see how quickly the attractiveness and recognition of our development among large investors and

Investment funds is increasing. Our systematic, cohesive community and a serious attitude to move forward prompted the owners of large capitals to look at the site, chat with us and think about their own investments in TokenGo. We hope that we will be able to justify the trust, and such cooperation will necessarily take place.

That’s why we decided not to limit investors, not to change the ICO Hard Cap, and leave it, as it was, in the same volume, fixed by the smart contract. We understand that any investor needs time to look at the project, see its development, communicate with us live, determine their own interests, risks and opportunities. As I said before, our main task is the high-quality implementation of the platform in full and with all the planned functionalities, we are in no hurry. It was decided that the current stage of the ICO will last until April 30th, I think that this time will be enough for all who somehow plans to go with us ahead as one big team. Judging by the actual situation and successful negotiations, there is a very high probability that the Hard Cap will be collected even before the maximum term of the ICO.

It should be recalled that in the event that the specified volume of Hard Cap is not reached, the remaining tokens will be burned and in no way will affect the rate of the remaining tokens in the hands of investors.

Earlier I wrote about the possible linking of the project to fiat money. This measure was considered due to inconvenience to the participants, which arose as a result of constant ETH rate jumps in relation to other crypto-currencies that our platform tracked and recalculated online. We observed a constant change in the amount collected, then to a large, then to a smaller side, and for many, such a discrepancy was incomprehensible and unpleasant.

Our team examined and analyzed all possible solutions to this problem without significantly changing the rules and conditions. The binding to the Fiat also proved to be a short-sighted option, as the Fiat projection to ETH are also constantly changing and will not be able to provide a good visualization of the collection statistics at the ICO stage. At the moment, the final decision is made to leave the binding to Ethereum, however, daily fixing of the rate during the day on the first transaction between this currency and ETH. This will completely eliminate the volatility of total ETH in the smaller direction and make the statistics more understandable and clear.

I think that I described everything in sufficient detail that awaits TokenGo in the very near future. Starting off ICO is a crucial stage, but I’m sure that together we will pass it as we all passed the Pre-Sale stage. Of course, two months for the ICO is not a short time. But we are all interested in this stage and the whole project, in general. If we reduce the deadlines and at the same time if we fail to raise the necessary amount just because large investment funds did not manage to pay proper attention to us and understand, at some point the initial investments of the team will end and they will have to be frozen before the new ones are received. This will negatively affect everything, particularly the cost of the token as the main asset. Our goal is to achieve the growth and stand attractive for the holders of the GoPower Project. To ensure that the token cost in the short term is worth the money, it is necessary to bring each stage of development to its logical conclusion. This expectation will certainly be rewarded, for example, by a multiple increase in the rate. Both Bitcoin and ETH did not become successful instantly, so we call for patience and, once we are all united together, we only move forward!