This is an announcement that the CoinFi whitelist will be closing in 48 hours.
Yes, you read that correctly.
After 48 hours if you have not completed your KYC application, you will not be able to participate in the CoinFi token sale.
Because of the overwhelming demand, we are also reducing the individual cap for the token sale from 25 ETH to 15 ETH. This will help spread our token distribution wider throughout our growing community and create a more equitable process for everyone.
What does this mean exactly?
After Jan 8, 11:59PM UTC (that’s Jan 8 6:59PM EST and Jan 9 7:59AM HKT), the KYC process for the CoinFi ICO will be closed. We will not accept any new KYC applications.
We will continue to process existing KYC applications – as long as you submit your KYC application before the deadline, we will process it before the presale. If you haven’t already done so, make sure you fill out the KYC form in your dashboard.
We will also have a waitlist available for incoming visitors who are interested in the CoinFi project, but that will be for news & announcements related to the CoinFi platform – access to the token sale will be closed.
The CoinFi token presale is still scheduled for Jan 15, 2018 12:00AM UTC. Nothing has changed here.
Why are we closing the whitelist?
We recently crossed 11,000 telegram subscribers and we’ve been growing at a rate of 2000 new telegram users a day. Our whitelist has been growing even faster.
The support of the community has been very overwhelming, and the entire team is grateful to be part of such a cool group of passionate crypto enthusiasts. At this stage in our token sale, our internal modelling shows that we have more than enough demand to sell out our token sale, and to be fair to our existing supporters who whitelisted early, we are closing the whitelist.
I know we say this all the time, but don’t forget to complete your KYC. After Jan 8, 2018, 11:59PM UTC, you won’t ever hear us say it again!