Cointelegraph and updated info on IEO/IDO

  • octubre 4, 2021

We would like to thank Cointelegraph for informing about the latest news of our company.

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Easyfeedback token IEO/IDO

 

We take this opportunity to update the information about our next steps regarding the IEO/IDO.

As you know our aim is to be in Exchanges Tier1 and Tier2 for our IEO. Prior to getting an agreement with these, we have been requested to give some relevant information regarding our project. Specially sensitive is to have a legal memorandum indicating that our token is a utility token. We already had this legal memo but it was released by a Spanish lawyer firm. Nevertheless majority of Tier1 and Tier2 Exchanges ask for this legal document to have been released by a lawyer firm in accordance with some quite restrictive conditions, among others:    

 

  1. The Legal Opinion hereunder shall be issued by a Tier 1 or Tier 2 Hong Kong, Singaporean, American and/or other approved jurisdictions’ law firms in capital markets. The ranking of the law firm shall be identified according to the ranking results released by such authoritative agencies as “Chambers and Partners and Legal 500” (https://www.legal500.com).
  2. Shall have at least 15 lawyers in the local office.
  3. Shall be one established prior to December 31, 2016.

 

Finally, we have contracted Sorainen Lawyers firm.

https://www.legal500.com/firms/14138-sorainen/14829-tallinn-estonia/

After two months working with them, we have got the legal memo (attached short version).

 

 

We continue with the conversations with Tier 1 and Tier 2 Exchanges although this process regarding the legal memorandum has taken more time than initially scheduled. That is why we have slightly updated our Roadmap. It’s not about making hasty decisions, but about getting right the next steps.

Till we reach an agreement under suitable conditions, we will continue with the Sale phase with the conditions shown on our website. 

In case that the final conditions are not convenient for our project and for the investors who have already placed their trust in us, we have already started to work on an alternative based on IDO. We are mainly focused on Balancer, SushiSwap or Uniswap as DEX where to launch the EasyFeedback token. 

We might also consider bridging the token to Binance Smart Chain (BSC) and list the EasyFeedback token in PancakeSwap right afterwards.

    

 

Don’t miss the opportunity to sign up for our Whitelist and stay informed through our Telegram group and our Linkedin, Twitter and Facebook accounts.

 

Thank you.