Quote from: holydarkness on January 11, 2021, 09:55:42 PM

Quote from: VSTheFoodSnob on January 11, 2021, 08:51:04 PM

Quote from: holydarkness on January 11, 2021, 06:54:50 PM

Oh, rest assured that it is read, hence the confusion. First thing that you might be able to clear: this is a warped token, right? A "copy" that works as a bridge for a token between two chains. In this case, etherchain and blockchain. So why do we need a token sale? Wouldn't people be able to just switch their token through gateway like wETH? Seems easier that way.

Sorry you are confused. It is not a warped token it is a wrapped token. It is not a copy, it is a representation and it is not a bridge between chains. PGO is BTC based and wPGO is ETH based, it is impossible (at this time) to bridge the two chains. We need a crowdsale because we have to supply ETH to the DEX LP and we need $ for other things like marketing, partners, etc. The distribution is located on wPGO website.

I stand corrected, wrapped, not warped. Nonetheless, the essence of my question remains the same. Allow me to rephrase to better suit your ideal:

The wPGO were a representation of PGO on ERC, that enables PGO holder to use them as a gateway to integrate their PGO into etherchain, by swapping PGO-wPGO. Correct?

If it still doesn't fit your ideal, simply put, wPGO works under the same principle as wETH, correct? We swap ETH to wETH, vice versa.

I'll go and settle this issue first before we move to other aspect of your tokenomy.

Sorry, I am not familiar with wETH (project?). Wouldn't wETH be the same as ETH? They are on the same chain so why would you need a wrapped ETH?