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Thursday, October 21, 2021
Home News BlockMason Successfully Launches Whitelist Capped Token Sale

BlockMason Successfully Launches Whitelist Capped Token Sale

After months of anticipation, BlockMason has finally launched the initial phase of their Credit Protocol token sale, open to those who signed up to purchase tokens through a whitelist. During the first period of the sale, BlockMason has capped the purchase of CPT tokens to ensure that large purchasers, often known as “whales,” are unable to block out smaller buyers for the highly demanded tokens.

“We have been extremely pleased with the performance of token sale during this opening purchase phase,” said BlockMason co-founder Michael Chin. “Our capped whitelist successfully prevented hoarders and resellers from purchasing excessive tokens and squeezing out smaller parties, ensuring that our tokens reach maximal dispersal throughout the Ethereum community.”

Chin also acknowledged that, while the whitelist ensured access to tokens for smaller purchasers, there remains a significant pool of interested customers who did not have a chance to sign up for the whitelist, and therefore have been unable to purchase tokens.

“While the capped whitelist sale will continue for several days as a security measure against hoarding, we believe our bonus structure will provide strong value for those customers who purchase during the open whitelist phase, or after the sale opens to the general public.”

As the BlockMason team looks ahead to the second and third phases of their token sale, they are jumping into the ICO Barcelona 2017 conference, where they will present the philosophy underlying the Credit Protocol, and why they believe providing secure debt and credit recording on the blockchain will enable the next phase of the digital economy.

The uncapped whitelist token sale for the Credit Protocol will begin on Oct. 6th UTC 1600. The sale will open to the general public on Oct. 8th UTC 1600.. You can learn more at www.creditprotocol.com

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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