On a beautiful and sunny Sunday afternoon, CargoX registrations have hit 10,000 approved KYCs.

In order to say thank you to our early community members — the ones who actually read our whitepaper and who believed in us since before media picked us up — we have decided to stop the registration/KYC process early.

Tomorrow we will peg the ETH/USD rate (7-day average) to get the final amount of ETH to be raised in CargoX ICO on Tuesday, 23 January 2018 @ 15:00 CET / 14:00 UTC. But even with personal cap limit set at 5 ETH for the first 3 hours of CargoX ICO, it looks like demand will be higher than supply. We don’t want to ignite a gas war, but we also believe in a free economy, therefore we stand by our decision not to limit gas or gas price.

Some other ICOs in a similar position have decided to raise their hard-cap, but we don’t believe this to be an appropriate solution.. Therefore the only logical thing to ease the ICO pressure a little bit was to close the registration doors early in order to avoid contributor oversubscription.

If you were early enough to register and complete the KYC process, you are all set to be part of Tuesday’s CargoX ICO (23 January 2018 @ 15:00 CET / 14:00 UTC). We advise that you check your KYC status and registered ETH wallet at https://cargox.io/kyc-profile. Prepare yourself and fill up your wallet and be sure to only send funds from it.

To all the rest — sorry! But only early birds get the worm. The best we can do now is to assure you we are working hard to bring CargoX to many exchanges as soon as possible…