So apparently what has been written so far, ERGO will be officially released this week and the starting price will be $1 or 1 WAVES on par with it? Blockchain technology is fantastic and always rewarding to find new projects, although some have little ability to put their proposals into practice, I hope it will be different with ERGO!
that is not how i interpreted it.
1.53 is ready and will be released this week. It contains significant improvements in bootstrapping and networking layer efficiency.
1. Before the mainnet launch, we'll send EFYTD (EFYT alternative for data chain).
2. Waves <-> Ergo gateway will exist. Thus Ergo token will exist on top of Waves as well.
3. With money got via founders rewards, the Foundation will create orders on Waves exchange, to buy EFYT for ERGO, the price is 1.00
if i am reading this correctly, the "swap" will be done by creating an EFYT/ERGO trading pair. basically they are offering 1 ERGO in exchange for 1 EFYT. pretty clever way of going about it, token swaps are sometimes a circus. and the EFYTD will basically be airdropped prior to those orders going up