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it is teams decision and I believe they did that in the best interest of the project.

I believe they did so because of bear market condition, it is common with majority of the ICO currently.

could be true though, but I think whatever decision they took is for the best interest of the project and their community members.

Yeah sure, I think so because if they are to conclude the ICO and unlocked the tokens on this beat market, the tokens will be worthless and valueless.