Changing it up in Calcflow

TL;DR: We’re reducing our hard cap to $8 million, burning unsold tokens, and extending the sale.

Since the Matryx token sale began on the 13th of September, we’ve sold over three million MTX tokens with a value of about $1 million. We’re beyond grateful for the response we’ve received thus far. Amongst all the enthusiasm, the Matryx community on Telegram has raised a lot of salient concerns over the past couple of weeks: What will happen to unsold MTX? Will they be burned? Are there any more opportunities to earn discounts? With these concerns in mind, we’ve taken some time to examine and reflect the platform and project as a whole. In doing so, we’ve recognized that there is nothing more valuable to the Matryx platform than a healthy, informed, and happy community. So…

We’re Changing Things Up!

We’re reducing our sale hard cap to 26,888 ETH (approximately $8 million).²

(approximately $8 million).² At the end of the sale, unsold tokens will be burnt. ³

³ The Matryx Token Sale has been extended through the 15th of November with an additional 10% MTX bonus for all participants who purchased before October 13th.¹

We believe these changes to the sale structure are far better suited to the growth of the Matryx platform and community than our original $50 million hard cap. In the weeks that follow, we anticipate an increased response from new purchasers around the globe and the expansion of community and conversation. Sale terms will remain unchanged.

Additionally, we’ve got some new exciting blog updates over the coming week. In the meantime, the Matryx team is happy to address any of your preliminary questions, comments, and concerns on our Telegram channel.

Thanks,

Steve