Due to an extension of the negotiations and the need to settle legal issues with key Lightcash ICO investors, the project team decided to extend the token sale for 60 calendar days till June 11 inclusive.
“Initially we set short deadlines for the token sale which limited our ability to unlock the whole potential of the project and reveal it to large investors. Big investments always require a thorough work on legal details and deep business analysis, — explains Vyacheslav Vokin, Lightcash project CEO. — Several international investments funds requested us to extend ICO procedure to let them conduct a more detailed study of the project and get more time for preparation of a number of documents needed to purchase a large share of LCCT tokens. Acquiring new key partners is strategically important and will benefit the project, so we decided to move the ICO end date. I want to note that the project will be implemented in any case and the team of our technical specialists continues to work hard on MVP, “Vyacheslav Vokin, CEO of the Lightcash project, comments on the decision.
Current investors who took part in a token sale and purchased LCCT tokens before April 12 will get additional bonuses.