RIC And Other Six COINS in One and Retendered / 關於RIC等六幣翻新合壹的公告
Previously, we have published
"YBC,HLB,XCN,WDC,MEC and RIC, Six Coin in One and Retendered"
, it attracted a lot of users' attention.
However, the bidding process is not satisfactory. On the one hand, there is a lack of a practical team. Since the bidding period is exactly the hot stage of the market, the price of all kinds of Coins has increased obviously, and it is easier to make money and cash out of a coin project, which leads to the low willingness of various R&D Teams. For another, we don't want the Project to be illiquid. We want more platform support, so it will take some time to communicate.
In this regard, we have repeatedly considered that we have not sacrificed the property of renovation to meet the progress of the renovation. We had intended to terminate the tender and proceed to the immediate disposal, and we also stated in the announcement of the refurbishment bid that “We are not ensure that the plan has proper team implementation”. However, the six currency holders have been paying close attention to the renovation plan. If renunciation is renounced, it will also be a shock to the holder. So we finally chose to continue to invest energy to complete the renovation.
Led by YOYOW team, with more than ten years' experience of technical cattle.
Excellent Blockchain application architecture, realize automatic dividend, asset mortgage, no charge transfer, asset alliance and other functions.
Multiple trading platform supported.
This Renovation Project is different from all the projects before. In the past, the Renovation Project was released after the announcement. However, before this announcement, the project has been quietly launched. The project is called "BitEthereum," or BITE. Already on AEX, ZB on the shelf trade at present. There are four other trading platforms in the pipeline, which will be launched gradually (the name of the platform will not be disclosed before the launch).
BITE Offical Webside:
BITE White Paper:
Since the publication of this announcement, AEX has suspended the Transactions and Deposit functions of YBC, HLB, XCN, WDC, MEC and RIC, but retains Withdraw function until 24:00 on Jan 31, 2018 (GMT+8).
During the period from Dec 24 to Jan 24, we will calculate the Average Transaction Price of YBC, HLB, XCN, WDC, MEC and RIC. According to the first 30 days of BITE distribution (Jan 1 to Feb 2), the Average Transaction Price of BITE at AEX and ZB (Average Transaction Price = Total Volume / Transaction volume),
and convert the old currency to BITE (with 20% bonus)
For example: The Average Transaction Price of RIC in the past 30 days is 5 CNY. And the price of BITE when it announced is 1 CNY. So each RIC can be exchanged for 5 BITE (and the bonus is 20%, so that you can get 6 BITE in total).
The system will automatically complete the exchange on Feb 1. It will be updated in this announcement. And the ratio of each of YBC, HLB, XCN, WDC, MEC and RIC to BITE, the number of positions and the number of users will be announced.
Q1.How can I participate in the renovation?
A: The system will complete the exchange on Feb 1. After the exchange, your old currency will be destroyed and the BITE will be automatically sent to your account.
Q2. I don't want to participate in the renovation. How should I operate?
A: As long as you can transfer your digital assets to your personal wallet or other platforms before February 1, you will not participate in this renovation. The platform will not force users to participate in the renovation.
Q3.Will I make money after the renovation?
A: Not sure. In theory, it would be better, because it would replace an illiquid, unmaintainable project token with a currency that has liquidity and is maintained. But the market situation is determined by the buyers and sellers, the platform can not provide any guarantee. Please be careful.
Q4. My currency is not on the AEX platform, but in my personal wallet or other platform. Can I participate in the renovation?
A: If you are from our company platform withdraw before November 10, 2017 (effective quantity = withdraw quantity - deposit amount), then we will allow you to return the effective coin to the platform to participate in the renovation. Please contact customer service. The currency which does not meet the above requirements shall not be involved in the renovation.
Q5. Why did the renovation take so long?
A: I'm sorry, please read the previous article.
Q6. Why is the circulation of this renovation after the launch?
A: Before reaching consensus, this project has also been followed in the past. The team was named ChainBook and planned to develop it as an independent project.
We believe that the liquidity of the project is very important.
The project team also hopes to login to other trading platforms through bifurcation bitcoin and etheric. For example, holders of BTC and ETH positions on Poloniex and OKEX should also theoretically get BITE (if the platform is willing to send users).
Will increase the number of currency holders to a new level. The distribution and circulation of this item is actually a common composite of bitcoin + ether square + 6 old COINS.
As a result, the project team chose to take the first snapshot of bitcoin and etheric, and then distributed it to the holders of the six old COINS, hoping to greatly improve the user group of the project in this way.
Q7. Does my old coin still exist after the renovation?
A: No. The platform has been destroyed directly in exchange.
We believe that the purpose of the refurbishment is to protect the users. And it is not the platform's obligation to endorse the currency itself. Because of the recovered of the unsecured currency that has lost its liquidity, to exchange the new currency which has R&D and application scenarios). If you do not agree to participate in this renovation, please withdraw your digital assets to your personal wallet or other platform before Feb 1.
AEX as an international Blockchain asset trading platform, we always pay attention to the development of various digital assets. Some digital assets have achieved great success in popularity and application, and some have achieved very deep penetration in the technical field. However, some projects are in trouble for a variety of reasons. The six currencies have stalled. On the one hand, they lack technical personnel to maintain, the community is not active, the transaction data is relatively cold; On the other hand, the blockchain of these six digital assets has also been broken, and the wallet cannot be properly connected and used. As a trading intermediary platform, AEX does not have the plan and obligation to guarantee the value guarantee for the block chain digital assets. But based on the healthy development of the industry, we think we can promote the development of the industry from the side.
We also know that renovation project is output thankless thing, on the one hand, the situation of user kidnapping platform, expected investment returns, for if the market performance is not ideal, the user easy to point to the platform, on the other hand, any renovation plan can't satisfy everyone's expectations, as soon as the price higher, part was not involved in renovation of users will generate more ideas (hope he held by currency platform renovation). Therefore, in order to avoid the deviation from the original intention of the platform operation,
we will proceed cautiously to the renovation mode, and we will take more consideration of the traditional practices of the industry to go straight down.
Thank you for your understanding.
We are not making any commitment to the above assets based on our attempt to maintain the healthy development of the industry, nor can we guarantee the market price trend of the project. Please remain cautious.
Jan 24, 2018
然而， 本次招標工作進度並不理想。一方面，是缺乏願意腳踏實地做事的團隊。由於招標期恰好為市場火熱期，各類代幣價格上漲明顯， 發佈一個代幣項目要更容易賺錢套現，導致各種研發團隊意願不高。另一方面，我們不再希望翻新項目流動性不好，希望有更多平臺支持，溝通方面也需要一些時間。