Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Growers International $GRWI - Membership Platform & Cultivation Utility
by
GrowersClub
on 10/12/2018, 07:30:57 UTC
Are you guys swapping to an erc20 token?
So no more that 5% POS year?

This will not be a mandatory swap. Our current blockchain will remain supported and the ERC20 tokens will be swapped 1:1 for those who want to take advantage of our dApps. The dApps (Strain Chain, Seed 2 Sale, etc) will require easily programmable databases and link-ability to our servers to verify the blockchain data. Initially, those coins received will be stored by us and issued through smart contracts. The next step would be to introduce a system that can swap back to the original chain from ERC-20 token if the end user chooses to do so.

In short, if you aren't interested in using our dApp tools - you will not need to do a swap. Any exchange of GRWI will continue to take place through Cryptopia exchange.

I hope this answers your questions! Thank you for being a part of the community.

- Ryan