On May 1, 2018, Spotcoin announced a postponement of their pre-token sale, which was scheduled to begin the same day. Spotcoin is an over-the-counter clearing house that seeks to provide a platform to bridge the gap between cryptocurrency and fiat currency.
Tim Gick, CEO of Spotcoin, stated the team discovered vulnerabilities and issues with third party payment processing systems, which delayed the pre-token sale event. The team has promised to test and retest the system until they are confident the issues have been addressed.
SpotCoin anticipates the pre-token sale to launch next week. A date and time has yet to be confirmed.
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