Post
Topic
Board Announcements (Altcoins)
Re: ⚡️⚡️[ANN] ⚡️⚡️ Contentos Official Regular Updates
by
Ace44
on 16/08/2019, 15:17:53 UTC
Right now they are using the Binance blockchain, so their tokens are BEP2 atm. Will this change when they release their mainnet next month?

I hope it doesn't change much. They have already started with binance blockchain. So I guess the binance part of the project won't be affected.

COS being a binance blockchain based token means they can are listed on binance DEX which gives COS tokens more token liquidity. I don’t think the mainnet is about the tokens. The cryptonomics could be left on binance chain, while the ecosystem would be moved to the mainnet after test.

Well, I checked their Telegram group and one of their Admins confirmed that the Binance chain is only a testnet and that they will convert COS to their native blockchain, where they will have their own wallet.

Having them go back and forth from different nets, not sure why they are doing that but won't it cause like some financial strain on them?, that's of course if the process is expensive but it seems they choose that option because of the benefits involved, especially in this initial process that they are in at the moment but i also hope it doesn't affect them when they go back to their native blockchain

They are not going back or forth with different net. Like most recent projects eg FTM. Most project run their own Chain while running Binance chain by the side. This gives them the opportunity to be able to get listed in Binance Dex

Alright, though i think is more efficient to just stick to one net, won't the changing to various platforms affect the tokens or will it just be like static thing with no effect on the token?, but on the other hand, just like i stated above, if they are cool with such and it will drive the project forward then by all means they should do the needful, after all, we all want progress