Unfortunately ahmed has been gone since quite some time, I completely lost contact with him.
myc066, as I understand it now, our beloved and well-aged TIPS will stay what it is and the team around robotsoutofcontrol will make a distribution of the new FED coin to all who hold TIPS on a to be determined snapshot date. I suppose this will be based on private keys of the TIPS wallet, so it could be compared to the BTC/BCH fork.
As far as I understood, TIPS will stay tradeable and mineable as it is right now, maybe this could be confirmed by the FED team.
To me this sounds fair and sensible, I always said I do not want the original TIPS to disappear and stay what it is (excluding minor tweaks and security updates) and so far I don't see anything changing that.
I hope robotsoutofcontrol can clarify if the old TIPS will stay listed on Novaexchange and Coinexchange and FED will be listed addiitionally on these and maybe other exchanges and not in place of TIPS.
Cheers - psycodad
Hi Psycodad
Thanks for that. Discussions with exchanges are kind of complex & ongoing but we do have some updates:
Coinexchange will be airdropping Fed to Tips holders, ratio of Fed:Tips is 1:50
Altilly will be airdropping Fed to Tips holders, ratio of Fed:Tips is 1:50
Both of the airdrops are yet to confirm dates, but likely mid-October
Novaexchange will not be involved in the airdrop. They have been very helpful in discussions to date, however they are just too busy to be part of it since they have a lot on their plate with their relaunch.
Gate has not advised us of their final position - we are in ongoing discussion with them. They are also very positive, but alas very busy.
Cheers,
Robots.
