Good Evening Gnoxians!
The big day has finally arrived, action-packed and ready to bring a level of hype we have yet to experience together. With that being said, let us take a moment to review.
Token Burn
During phase one, Gnox is proud to announce we have sold a total of 49.5 Million tokens thus far and this number keeps going up by the hour. So, what does this mean for holders? It means an ABSOLUTELY MASSIVE BURN OF 2.5 BILLION TOKENS across presale phases one and two respectively.
As phase two begins, we will enter with a price of 0.0160 per Gnox Token, giving our earliest investors a fantastic position moving forward.
Does this mean you are late to the party?
Absolutely not!
At the end of phase two, expect another massive burn of tokens to help move that price up again! Stay tuned for even more news and updates in the coming week in regards to the vesting and burning of the team, marketing, private, etc. tokens as well!
Presale Extension
Over the last few weeks, we have seen quite an increase in attention to the Gnox protocol. Being that we are a project built for our investors in mind and in confluence with our continuing mission to bring Defi to the mainstream, we have made the decision to lengthen the total presale to three phases.
This small extension also provides the team with some much-welcomed time to complete the development and security testing of the Gnoxian DeFi Aggregator which as many of you may already know, is a huge part of the Gnoxian ecosystem. Our new timeline is as follows,
Phase Two: June 12th / July 12th
Phase Three: July 12th / August 12th
With this added time for development and fundraising, we believe very strongly that although investor patience may vary from person to person, the overall and genuine benefit to Gnox holders will be tremendous.
Conclusion
Our token burn and presale extension are both key benefits to all our Gnox holders around the world. By reducing the overall supply of tokens, while also allowing much welcomed time for new investors to onboard, development to progress and even deeper layers of security to be added, The Gnoxian ecosystem will thrive and the amazing community behind it will reap the rewards.
