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Live demo of TokenGen: https://tokengen.io/

The Final Week of the Fabric Token Crowdsale

The finish line is in sight as the Fabric Token crowdsale enters its last week. We’ve been a bit less active in terms of “frontend” news over the last couple of weeks, but there’s a good reason for that – behind the curtains we’ve been working around the clock on the Fabric Token project. Here’s what we have in store for the last week of the crowdsale.

The Schedule

We have been working on this plan over the last couple of weeks and everything we have done in that period has been leading up to this final week. As we mentioned in a previous article, crowdsales tend to slow down in the middle part of their time frame, but towards the end, they tend to become more active again. Hence our focus on this final week.

TokenGen Live Demo

Most of our efforts since the Fabric Token crowdsale began have been focused on the development of TokenGen. We already showcased the tool in the beginning of February, but since then, we have made a remarkable number of improvements to both the UI and the backend (more on that in the TokenGen live demo article, which will be published sometime in the final week of the FT ICO).

We believe that the live demo will show our community just how committed we are to the project and that we do really have a working product ready to roll out not long after the crowdsale comes to an end on April 1st.

Maximum Contribution Cap Increase

Community members have repeatedly asked if we would consider allowing purchases of Fabric Tokens higher than the current 9 ETH cap and we have considered it. If you are also interested in purchasing more FT, you can expect an announcement in the last few days of the crowdsale – that is, if we decide to increase the maximum cap on contributions.

Exchange Listings

As you know, we have been hard at work on exchange listing since before the FT crowdsale even began. Hopefully, in this last week, we will be able to announce which exchange(s) will list the Fabric Token after the ICO is concluded.

Unfortunately, the process of listing a token is quite slow and unpredictable time-wise as most of the top exchanges are flooded with token and coin listing requests daily. The worst part is that we cannot share any news with our community until the exchange itself makes an announcement or we will lose our chances to get listed. You all know that we have been completely transparent since the start of this project and if we could say anything, we would. Unfortunately, we can’t for now.

The one thing we can say is that, we are well-aware that FT needs to be listed on a good exchange as the liquidity of the token is vital for the adoption and stability of the Fabric Token platform and you can be 100% certain that we are doing everything we can to get the job done.

Summary

The last week of the FT crowdsale is only our project’s beginning. We have a lot to do until the end of the year, but, once the ICO is concluded, we will focus entirely on developing the ecosystem that we have embarked on creating.

Close to 40 out of the 100 million total supply of Fabric Tokens have already been allocated. Let’s see how many more will find a good wallet to call home before the end of the crowdsale. As we have already said, the unsold tokens will be burned, thus preserving the value of everyone who purchased FT. Onwards and upwards.

5 Responses
  1. Regarding Maximum Contribution Cap Increase – Please do not lift the 9 Eth limit and make this a last minute pump and dump on exchange listing. If you do this, please refund my 9 eth first. I rather get my FT after the dump. I diligently read your whitepaper and am excited to provide my clients with a smart contract toolkit. However, a major consideration were your token metrics and your seemingly fair community approach.

    Just stick to your plan of the 9 eth limit please and burn the unsold as stated, or me and many other investors will be disappointed.
    LOOK FORWARD TO THE DEMO AND WISH YOU ALL THE BEST TO SELL ALL REMAINING TOKENS LEFT WITHOUT LIFTING PERSONAL CAPS!

    best of luck for the rest of the week!

    1. Hey Christoph,

      Because we have not given any bonuses or anything like that, there isn’t anyone who can “dump” their tokens after the crowdsale is concluded. So you have nothing to worry about on that matter. Even if we do decide to increase the cap, it will not be limitless.

      Cheers!

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