Beta test Belance started.
First exchange that listed new ERC20 is
TokenStore ETH/Kuna.io BTC/ForkDelta ETH/Mercatox (ETH/BTC)
Coming soon IDEX.MarketYobit, Coinexchange, Cryptopia and update CoinMarketCap

Swap or not?

Question is closed
Whats the best decision that will benefit both the holders and the developers. Explain your answer.

Answers 3

  • Yheng Potz
    24.04.2018 в 15:06
    Dev will supported the old amd new so no swap will happen.and we will wait for dev for further explaintion about it thanks
    0
  • Rigoberto Villalba
    24.04.2018 в 02:54
    Hello how are you? please join our telegram group to be attentive to official announcements.
    0
  • erc20holder
    23.04.2018 в 14:30
    Why should we keep holding old ERC20 token instead of selling right away? what is it used for?

    According dev team's plan, there is no a real swap which is
    1 old erc20 = 1 new erc20 or
    1 new erc20 = X10 old erc20 something like that..

    Instead, the offered swap calculation is based on $1 valuation. Meaningly, it is almost the same thing to sell your current old erc20 on exchange and buy new erc20 again with that amount ..

    Basen on these facts:
    1) No real swap for old erc20 - so no real value for long holders
    2) old erc20 will not be used for anywhere (am I wrong?)

    There is no formula to increase value of old erc0 token nor any formula to decrease old erc20 supply (unless there is burning for swapped tokens)

    That simply means: this old token has 0 value and worthless to hold.

    I am just trying to understand the economic model, because I am holding large base of old erc20.. if there is no way to increase value of old erc20 then I will sell all my holdings right away..

    I would really appreciate if the founder Alex answer this since other admins dont know anything and just say "we should trust dev team..they know what they are doing..bla bla"
    0

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