I just want to share the latest information from the Nominex team, especially for the Bounty campaign participants.
NMX tokens are already traded on the Pancakeswap exchange, but the Bounty tokens are locked, and will be fully unlocked for 1 year. This is an information quote from the team in the Telegram group :
The NMX tokens received for free will begin to be unlocked every day in equal parts 30 days after converting NMX to DeFi and will be divided into 2 categories:
Earned in bounty and real tournaments NMX will be fully unlocked within 365 days (1 year).
Demo tournaments, 1st and 2nd phases of distribution among traders, various promo bonuses.
NMX will be fully unlocked within 1095 days (3 years).
Unlocking NMX tokens is the process by which unlocked tokens become available for sale on the exchange and withdrawal from Nominex to the external wallets
How can you use Blocked tokens?
1. You can still use NMX to pay the trading fees
2. Shortly after converting the NMX token to DeFi, we will implement the ability to stake blocked NMX tokens, which means that you can earn additional NMX tokens on this staking, which will be immediately available for withdrawal and sale.
Did they announce this before the start of the bounty campaign or they just changed direction after the distribution, if they changed direction then they have deceived their bounty hunters, if they announced it, before the start of the campaign, I doubt if they will have many participants, who would want their token locked for one year?