Hello Matchpoolers!
We are excited as the clock ticks down on our ICO opening shot, Yesterday we have officially announced the Matchpool ICO price & bonuses
As the ETH price surged in the last month we were forced to change our initial ICO rates to better adjust GUP price. We will not want to risk our investors ROI by setting GUP price to high. However, at the same time we also want to be able to meet our promises regarding Matchpool's road map which require us to raise certain amount of ETH.
So, we ended up calculating ETH price in the last 18 days in order to calculate a new GUP price that will not be too high and and will still ensure protection against a drastic ETH price drop seconds after the ICO.
According to our calculation ETH average price in the last 18 days was approximately 40$
And thus, in light of us trying to raise 5 Million USD that means we are looking into raising 125K ETH in total.
With a maximum of 60 Million GUPs to be distributed to ICO participants we set GUP price at 480 GUP per 1 ETH.
The above stated price will be valid only during our initial 5 hours "Power Hours" phase in the beginning of the ICO
Here are the full bonus details of our early supporters:
First 5 hours (33%) - 480 Guppies for ETH
After 5 hours and during the first 3 days (22%) - 440 Guppies for ETH
After 3 days during the first 2 weeks (11%) - 400 Guppies for ETH
After 2 weeks until the end - No bonus, 360 Guppies for ETH
For further information see our last Medium post
