Token Sale Date Change and Pre-Sale Announcement
Cream Capital is announcing a new token sale date in an effort to bring the best value possible to our customers and token sale participants. Effective immediately, the Cream Capital token sale will be held on December 21st, 2017 and will be capped at 100,000 ETH. Cream tokens will be available for sale at $0.75/CREAM represented at roughly 0.0025 Ether per token. Our token sale will run for one month until January 21st, 2018.
We will hold a token pre-sale on November 29th, 2017 where we are crowdfunding 6,700 ETH. Cream will be sold at a 30% discount from the 12/21 token sale date and the pre-sale will end either when the Ether hard cap is reached or one week before the token sale on December 14th, 2017.
We are pushing back the token sale for a few reasons; the primary being that we are establishing an even stronger legal framework to ensure compliance with any regulations that exist with the Securities and Exchange Commission in this space. Cream Capital is currently a registered entity with the SEC. Additionally, our smart contracts require further testing to ensure a smooth deployment.
Token pre-sale funds will be used to manufacture more than 100 Cream ATMs should we hit our pre-sale target, expand legal counsel, and fund our advertising budget leading up to the 12/21 sale.
For inquiries into the token sale and pre-sale, please contact us at firstname.lastname@example.org
Our smart contract code is available on GitHub: https://github.com/Cream-Capital/Smart-Contracts
Stay up to date by following us on Twitter: @CreamCapital
We will be releasing a new white paper in the coming days.