Post
Topic
Board Announcements (Altcoins)
Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
kamakura
on 08/02/2018, 18:15:07 UTC
Hi everyone. i`m a beginner at this, and i have a question:
The funks i have at cryptopia, will the be switched to the new token?
Sorry for my bad english Smiley

Your English is good actually Wink
To answer your question - no, not by default. You will be able to convert your FUNK coin to Soniq token though, if you wish and as much as you wish.
We will allow up to 50 billion FUNK coins burned. The window will be open for at least several months, but that's yet to be decided.
Soon, Soniq project team will publish token burning app where you'll be able to submit your email, your soniq address and provide you with funk address.
FUNK coins you send will then be deducted from total supply (burned) and new, Soniq tokens will be sent your way.

I hope this helps clarify things a bit Wink

That was very well explained! The app will be futuristic, and amazing most importantly able to exchange FUNK into SONIQ.

Win + Win is the future!



I think I already know the answer, but just to clarify:

Once Soniq is introduced, there will be a window in which it's available, at a price of 500 funk per Token. That part is perfectly clear, and what Shavers wrote above makes it crystal.

Where the ambiguity lies for me: Is FUNK planned to continue as a separate coin, and if so, are there plans for further development on it? Or is the idea to burn it down?

I'd like to play with the code (well, I am anyway), but not if it's going to be abandoned after Soniq is released.

If they are to both go on and become separate entities, that could be pretty interesting Cheesy


What happened with AirDrop and keeping both? I thought it was a very good idea!
I really believe that both together, the coin and the token, aiming to serve the same idea can actually help each other
It would be like backup one to another