We want to thank all interested in testing the VC platform Alpha. We have now reached our limit of participation and will be looking forward to the release of our public beta.
Certain exchanges dont allow security tokens and regulations may or may not change in the future. So we had to come up with a solution, which is the 2 tokens: DRPS and DRPU DRPS is still a security token (just like DRP was), however DRPU is a utility token. To be able to enter the non-security token exchanges we created DRPU. The token Changer + switching between the tokens will be possible indefinitely. DRP token has no longer any other purpose besides being converted into DRPS or DRPU. You cant vote with it, you cant get dividends with it. The initial conversion is free so to speak, however once you wish to switch between DRPS<>DRPU you will have to pay a small fee. The amount of fee has not been decided yet, also it will not be stored in any form. It will be burnt. (Token amount keeps decreasing)
Additional information will be provided soon.
The exchanges we will be listed on as of now are:
Cryptopia - DRP EtherDelta - DRP/DRPS/DRPU Idex - DRP/DRPS/DRPU Decentrex - DRP Mercatox - DRP Hitbtc - DRPU (DRPU will be launched on HITBTC on December 1st) The token changer will be made available on 27th of November 2017.
At what exact time and date did DRP get unlocked?
9 November 2017 at 13:13 CET.
How do you deal with deadlines?
As the blockchain is an ever-changing technology with major changes we never promise hard-dates. Each and every date we have and will announce will be soft-dates, so to speak.