A deadline of less than 1 month for this is ridiculous. You would have to have announced with at least 2 months in advance and with a term of at least 2 months.
It is absurd to make people who have believed in the project for so long lose everything. Very anti professional from the organizers and developers.
This type of action is expected from scams. But I would not expect this from a project that seemed to be serious.
I liked this project from the very beginning. And I often came and checked it, therefore, this time frame is not a problem for me.
However, it is rather short. Many have many projects in their book, but do not follow them so well. Therefore, many did not pass by this registration. Perhaps you are right, and it should have been longer.
it's definitely ridiculous. I've been involved in multiple projects that have done this shady practice of swapping and not giving enough time for people to swap, specially when it's something as important as your investment. There's absolutely no excuse to deprive investors from their funds, just because they didn't swap on time. This is where regulators should step in and prohibit projects to do such things, there's nothing protecting the investor in the crypto markets unfortunately and even if this is a reputable project, it leaves too much to think that they did this. That's exactly the purpose of a blockchain, to increase transparency of who owns what. And the only excuse to do a swap is to prevent people buying the dumped tokens after a swap deadline because usually the token loses almost all its value. But with etherscan you can easily confirm who owned them prior to any dumping so you can still give them the right to swap at any time.
Exactly, perfect.
There should be a series of warnings before starting the registration and the deadline should be a few months. There is no reason to run with this and hurt everyone who remained believing in the project.
I do not see how a team that treats all those who have remained faithful to the proposed idea can receive a vote of confidence in the future.