50% of supply goes to GRWI swap with a 1:50 ratio and GRWI hasn't been on an exchange in how long?
Smells like a crypto bailout.
Smells like a crypto bailout.
The GrowChain team has decided to support the GRWI community with the best scenario possible. GrowChain is supporting the swap of GRWI in a 1:50 ratio as part of the greater structure of GROWS. The GRWI community was greatly affected by the hack of Cryptopia Exchange, it is estimated that over 60% of their supply was stored with them prior to the hacking event. It is unknown if / when the GRWI that is still on Cryptopia Exchange might be released. The community also doesn't know if the coins are hacked and being stored by the hacker themselves. Cryptopia has been liquidated and all decision are in the hands of Grant Thorton Liquidation. That being said, the coin itself has been on other live markets consistently since release. There was a listing on multiple exchanges who seemed to also followed the path of Cryptopia during the last crypto winter. Blockchain Financial and Unnamed.Exchange have been available but unfortunately most coins appear to be stuck with Cryptopia. It has been almost 3 years now and the community behind GRWI deserves new life for their sacrifice. The GROWS team has deeply considered the affects and has created a solution which fits both scenarios. It is the ultimate intention to see the concept that came to life in 2015 reach its full fruition. If you have other ideas how you'd like to see GrowChain proceed, we are more than welcome to continue the conversation here, or in our Telegram Channel:
https://t.me/TheGrowChain
don't expect anything good that will come out from cryptopia anymore. you need to move on. you can't do anything much about it. better divert your resources to other vital tasks in your project. if you can actually implement your mission here, increase of value of your coin will eventually come. but this time, you need to choose better exchange, weigh your options. don't just go to substandard exchange because of their low asking price.
100%. Yes, if they never release the coins, we will burn them from the GROWS total and continue forward. That being said, such an event will not take place for at least 5 years or until Cryptopia releases any coins that they may still have. It's a tricky situation, but we are going to do our best to support it for as long as possible. We are open to discussion about other ideas prior to launch, although this scenario has already undergone months of deep consideration. We may also do a ZOOM meeting soon to discuss this further. For more info on the ZOOM meetups, stay tuned through our Telegram and our website of course.
https://t.me/TheGrowChain
http://growchain.org
