VINstuff #6 (May 28-June 3)
Dear VINchain community!
This is our weekly update on all the work that we have done during the week and let you know everything that has happened in the world of VINchain over the course of the last week. We are working hard on our project and we thank you for being with us and supporting us so much! We are looking forward for your feedback!
Read more:
https://vinchain.io/blog/202
[doublepost=1528386524][/doublepost]Hello Everyone,
First and foremost I want to personally thank everyone for being part of this great community and for being such great supporters of VINchain.
It is our duty to make sure that we stay compliant with all laws and regulations, and as such, we have hired new legal council to assist us with matters that came to our attention.
In light of recent developments and with scrupulous advice from our legal representatives we have decided to return the funds to American ICO participants.
We are here to build a long term business that will withstand the test of time, and so we are taking these preventative actions to ensure that our company has a bright and flourishing future.
Unfortunately the landscape the we find ourselves in today is still not matured to the point where there are firm regulations set in place. there are new developments every week, and as such we cannot be brash and just overlook this fact. when we were starting out the landscape looked one way and now it looks another. Due to this change we had to react in an appropriate manner. This is the decision and the reaction that we decided on. anything short of this would be foolish on our part
All US-based ICO participants will receive their funds back, in the exact amount that they contributed, and in the same currency that they contributed. It is estimated that the entire process will take two weeks to complete. We will announce this Friday (6/1/18) what this process will look like exactly.
1347 ETH has been contributed by American citizens so for those who cares about the supply and damage that it will make, this will not make a significant difference!
This Monday, before the end of the day (EST timezone), we will announce which exchanges we will be listed and at what time.
Again, thank you for being with us all this time. Together, we will revolutionize the automotive industry.
[doublepost=1528386896,1528385996][/doublepost]Dear Sir or Madam,
We want to thank you for participating in the VINchain ICO. Recently, we decided to refund US participants . Please check your email and if you have received a letter from us saying that we need you KYC please make it ASAP. Please go to your account (
https://vinchain.io/account/documents ) and upload the KYC documents. This way you will be sure to remain a part of VINchain. Please complete this very quick process within the next 48 hours - it takes less than a minute. We thank you for your understanding and apologize for the inconvenience.
[doublepost=1528387227][/doublepost]Important announcements!
Announcing Exchanges
Today we have big news for you! We have officially been listed on three different exchanges. We would like to mention that it took us some time to get listed, but this was due to the fact that our token is not a standard ERC-20 format and so the process is longer. However, we have been working hard and we have 3 confirmed exchanges that we are going to be listed on:
Exchanges we will be on:
https://coinmarketcap.com/exchanges/idax/ starting from 18th of June;
https://coinmarketcap.com/exchanges/coinexmarket/ starting from 18th of June;
https://coinmarketcap.com/exchanges/octaex/ starting from 11th of June.
We will be listed on exchanges once the refund to US participants is complete (June 11th).
Refund to US Contributors
We want to thank you for participating in the VINchain ICO. Recently, we decided to refund US ICO participants. The refund will be available starting from tomorrow (6/5/18). All the participants who have made their contributions in ETH will receive their tokens back to the address they have been paying from.
If you have received an email from us saying that we need your KYC, please make sure to confirm it ASAP!
If you are a US participant and have contributed with LTC,BTC or DASH here are step-by-step instructions for you:
https://medium.com/@vinchain/us-refund-instructions-63f82adc121b
If the address that you want to receive your tokens to is different from the address you have paid from, please make sure to complete your KYC! Tokens will be distributed once at the end of each week.