Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][VRM] Verium PoWT Reserve | ICO accepting only VRC July 20th 2016
by
effectsToCause
on 09/07/2016, 13:08:36 UTC
Hi, if someone can clarify. Read about in wallet transfer from vrc-vrm and back.  So if I spent my 6000 vrc for 1000 vrm on day 1 can I trade back to 10000 vrc in wallet after ico ends?
Also, does anybody know what time zone and time the ico starts?
  Thanks.

The market determines the price of VRM and corresponding VRM/VRC ratio after the ICO ends, so it is a risk assessment for whether the market will hold on average approximately the value ratio of the total supply ratio.  The in wallet swap will be activated once the VRM/VRC and/or VRM/BTC markets open on exchanges.