Post
Topic
Board Announcements (Altcoins)
Re: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS
by
bitseedmike
on 07/02/2016, 15:46:22 UTC
Could anyone give a brief description of the current situation in Crypti? Like 2-3 phrases.

The project is being relaunched with an ICO as a new delegated proof of stake coin, Lisk, based on the existing crypti code. The new coin will have some increase in supply to reward delegate forging node operators. The additional increases in supply will be reduced as value of the coin increases. The ICO funds of BTC and ETH will be used to fund continued development of the platform, market it, and create distributed applications based on the platform. The details are at https://blog.lisk.io/the-lisk-roadmap-9e854719e792#.d14dbprp2. Existing XCR holders may convert to Lisk at an exchange rate of 1300 sats. This is very similar to the ICO of Iota with holders of Jinn able to convert into Iota.