Your Last Chance to FEED — One Week Until We Close Our Token Sale investFeed Follow Jul 31, 2017 · 3 min read

As we pass the halfway point of our token sale, we would like to thank all of our contributors for not only helping us achieve our minimum, but for helping us get to where we are. As mentioned in our white paper, for our token sale to be deemed a success we’ve set a range from 1,500 ETH as our minimum to 28,000 ETH as our maximum hard cap. At the time of writing, we’ve raised over 9850 ETH which has been incredible to see.

When we sought out to create an incentivized, next-generation social investment network for cryptocurrencies, we understood the importance of placing power directly in the hands of the community. This is why we opted in for a token sale rather than a traditional VC raise — our development would directly be determined by community support. We’re quite proud of how far we’ve come since we opened the token sale, and we’re excited to see how the next 7 days will go.

Recent token sales have been notorious for featuring imprudently high caps, and often raise excessive sums of capital for projects. We wanted to make sure we were responsible when it came to our token sale, which is why we established a relatively low hard cap of 28,000 ETH. Having a set rate of 1 ETH to 10,000 FEED tokens also allows our contributors to know exactly how much they will receive upon a successful transaction, rather than have to wait and be unsure of their exchange rate.

The World is Taking Notice

We’ve recently included a news section on our token sale page due to the increased amount of press that investFeed has been receiving across various outlets. We’ve already been covered in Coin Telegraph, ThinkAdvisor, MarketWatch, Huffington Post and Bloomberg to name a few. Our CEO, Ron Chernesky, was also featured on a segment from Cheddar where he explained the company’s transition to cryptocurrencies and the future of investFeed.

Due to the nature of the platform and how groundbreaking it is, we expect to see more press be released in the coming days as the token sale slowly comes to a close. We are the furthest from a fly-by-night project, and we firmly believe in the platform that we’ve set out to build. The fact that the platform was successful during its days as a hub for U.S. equities only makes it more attractive to contributors looking to support a project with a solid foundation.

The Final Stretch

The end of our token sale is only 7 days away on August 7th at 9AM UTC. All you need to contribute is a belief in the platform and any amount of Ether — we don’t have a minimum contribution for our general token sale. We also have created guides to both participating in the token sale, and any kind of troubleshooting afterwards. We hope to see you not just during our contribution period, but on the brand new investFeed platform as it is rebuilt for the cryptocurrency community.

Make sure to check out our social channels to communicate with not just the team, but the investFeed community as well. We are excited to have you onboard!

Our general token sale is underway and ends on August 7th at 9AM UTC.