Changes on ICO token release and ecosystem launch

The management council of Pylon Eco Token (PETN) would like to inform token holders and also our ardent supporters and followers regarding the token release and ecosystem launch matters.


We would like to make this announcement:


  1. The executive team of PETN intends to release 25% of the ICO every year, thus diminishing and completely averting the possibility of a pump and dump scheme.
  2. This mechanism will come into effect since the commencement of the first ecosystem project that will be launched.
  3. Releasing of ICO tokens will start immediately after the launching of the first ecosystem project. This process could be managed through the governance procedures by the token holders in the future.
  4. A new ecosystem project will be commenced when the PETN project will bring 10,000 new users or 100 unique users cumulatively on a daily basis within the 30-day timeframe. Alternatively, this issue could be solved through the governance process as well.


This amendment to the project serves to increase the competitiveness of the Pylon Eco Token (PETN) project among other crypto projects thus adding an element of flexibility to it. We do believe that in the long-run perspective it will make our project more efficient than it was before.


The PETN project team always strives to make this project more successful and puts the interest of ICO token holders in the first place.


Therefore, those ICO token holders who reckon that this novelty somehow aggravates their financial condition or does not match their interests or disagree with this decision may always exercise the right of ICO token buyback that is an integral part of our project. It means that the PETN management council is always ready to buy back ICO tokens from any holders at any period of time.


In the end, we would like to state that the PETN project is really a unique undertaking and furthermore we have a bright future as our project is backed by 8 different businesses. We deem that users of our ecosystem projects will need tokens, and with the growth of business turnover, the price of tokens will also increase. That is the fundamental factor on which our belief in PETN is primarily based. Every innovative business idea mainly relies on the trust between the investors and the company management. The management council of the Pylon Eco Token (PETN) and its executive team is firmly believing that with the close cooperation and consent of the PETN holders we can achieve any ambitious goal and there are no obstacles that could someway hinder this process.


Therefore, we hope that all the Pylon Eco Token token holders will stand together in order to ensure the stable growth of the PETN community.


Before launching the ecosystem projects, the Pylon Eco Token (PETN) executive team will be mainly focused on:


  • Engaging in trading and conducting interexchange arbitrage deals aiming to further elevate the trading volume and the liquidity of the PETN.


  • Intensify liquidity mining of the PETN through decentralized Exchange services, like PancakeSwap, Apeswap and etc.


  • We’ll also increase our efforts in the investment field. It is planned to acquire large tranches of the PETN and hold them for future application.


All the above-mentioned measures should contribute to the increment in the value of the Pylon Eco Token (PETN) on the market.  When realizing these proceedings we do hope to have your complete support and trust.


With best wishes,


Management council and executive team of the Pylon Eco Token (PETN)