January 19 marks the end of the LH-Crypto Roadshow project in Europe. During the five days, Alexandr Smirnov and Antonis Lapos of the first team of cryptographers met personally with. large investors who support the LH-Crypto project. As part of the roadshow, the team visited Milan, Lugano, Zurich, Geneva and Monaco. The Roadshow paved the way for the grand finale at the iFIXExpo convention.
On the last day of the roadshow in Monaco, the LH-Crypto team made a sensational statement: the company plans to buy back 10% of the LHC token emission at a double price, thus giving investors the opportunity to receive a profit from the 100% now. This must be completed before the end of the ICO.
This refers to the tokens purchased by customers of Larson & Holz, the parent company of LH-Crypto, these merchants supported the project before anyone else, buying LHC chips for more than $ 1.42 million in total.
This allowed the clients of the broker to double their investment: at the time of purchase, each token had a price of US $ 0.1, while today it has risen to US $ 0.2025 and continues to rise.
Larson & Holz customers were the ones who decided to submit a suggestion for the company to repurchase every second token from those sold during PreICO, before LHCoin enters the exchanges, and the company agreed to buy the tokens at a higher price, so both demonstrating their total commitment and confidence in the success of the project.
"I would like to point out that this repurchase only covers the tokens sold to Larson & Holz customers. The rest of the crowdsale campaign participants can sell their tokens as prescribed by the standard procedure, in cryptocurrency exchanges as early as February. Either way, early repurchases are rare events, and we are sure that they will positively affect the reputation of the LH-Crypto project "- said the company representative.
By January 21, half of the chips purchased by active clients of Larson & Holz during the PreICO will be taken from their panels and converted into US dollars, which will then be deposited in the balances of their commercial accounts. Then, investors can freely choose what to do with that money: either negotiate in the exchange or withdraw without limitations.
"That means that LH-Crypto purchases 7,100,000 chips, approximately 10% of the total issue. If our ICO investors continue to show interest in LHCoin and the remaining tokens will run out, the company will gladly put the purchased tokens back into the market for new investors to buy. Everyone can join the LH-Crypto project, even during the last days of the crowdfunding campaign. "
"If not all the remaining tokens are exhausted, Larson & Holz will destroy those that were purchased until the last, reducing the total supply by 10%. From the law of supply and demand, this will lead to the appreciation of the LHCoin token. "
The ICO LH-Crypto was launched on October 30, 2017 and has shown impressive results since then, and has raised more than $ 8 million to date.
Investors from around the world have expressed great interest in Larson & Holz and their plans to create the world's first fully functional encryption broker: a separate department where 100% of transactions, deposits and withdrawals are made in cryptocurrencies.
The cryptobroker will allow its clients to operate in Forex, CFD and cryptocurrencies, in addition to other margin operations. Which means that the main product that LH-Crypto offers is access to Internet trading for retail clients that use credit leverage.
The sale of tokens will continue until the end of January and, judging by the current tempo, the company will see enough investments to cross the maximum limit and raise more than US $ 10,000,000.
This information comes to us courtesy of LH-Crypto .
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