Re: [ANN][NET] - The Browser Based Blockchain - Main net December - Liqui
Hey Nimiq guys, you suggested to wait for NIM and NET to be both listed on an exchange in order to avoid the KYC.
However there is a big problem: if we do this, we will get almost nothing, since nobody will buy the old token its value will just drop.
However there is a big problem: if we do this, we will get almost nothing, since nobody will buy the old token its value will just drop.
I am not from the Nimiq team.
- they would never openly suggest how to bypass the KYC, to not be liable.
- post-mainnet, the NET price will have as floor (and presumably as ceiling too) the conversion rate price 1 NET = 100 NIM. There will likely be arbitrage above/below the conversion price by everyone and their dog.
Oh sorry I forgot that the conversion would continue after the mainnet launch, so I didn't think about arbitrage. Thank you for your answer
