Post
Topic
Board Tokens (Altcoins)
Re: [ANN] eBTC | The New (ERC20) Bitcoin
by
vegaed1
on 17/10/2017, 19:30:58 UTC
I wonder what a token swap brings compared to airdropping a totally new eBTC coin. The swap will probably never be fully complete, leaving one original eBTC token in play and one new 'original' eBTC token. Could be confusing as hell.

Any gen1 eBTC tokens that remain in the wild after the swap will be replaced during the swap with gen2 eBTC.

For example, if only 19 million eBTC are returned during the swap, The gen2 eBTC will have 21 million tokens available for the swap, any gen2 tokens that are not swapped and remain will be added to the development funds or airdropped to gen2 eBTC holders.

Trading will be paused at a block #, after this the current gen1 token will be delisted from Mercatox, ED & Dec and then the gen2 token will take its place retaining the eBTC ticker.


I said if before ok the last page, there’s a few people trying to scare people off the swap, I’d much prefer that every single gen1 token is swapped but unfortunately in the event that someone doesn’t return their tokens they will be added to development funds or airdropped, and I have a feeling that some people on the last few pages would prefer they get a larger airdrop if more people decide too not return.

This should be in bold. This is what people want to hear and what dismantles the fud spreaders argument.

Include this other one of your replies too "The code will be made public so that it can be audited by the community after being internally and externally audited."   Smiley

Thank you for being active on the forum and out of the forum as that is CLEARLY making this coin maintain value and slowly increase as we wait for swap. Good Job!