Dear Community,
Firstly, thanks to all for sticking with us for long and making Lobstex (LOBS) a global decentralized currency in true sense. It's been 3 years and 9 months since Lobs launched and we are grateful to you all. However, with increasing costs and no use case we never flourished which we had expected in past. Chain also gives us issue due to stuck transactions and low staking participation. We Lobstex team have decided to withdraw from the project due to lack of proper use case for our currency. In lieu of that, a new Team Qoneqt (QToken - Ethereum based) is taking over the project from us fully. They are in development of their platform
https://qoneqt.com/ from more than one year and they are prepared to introduce QToken by swapping the existing LOBS token. Our best wishes to Qoneqt Team.
Procedure for swaping will be manual as both the chains are mutually exclusive and bridges are not efficient in current context of hacks. Thus, LOBS will be swapped with QToken in tranches manually every week. The deadline set is for 2.5 months i.e till 30th Aprill,2022.
Introduction of Qoneqt
Qoneqt is the first verified social community platform utilizing web 3.0. They are one of the pioneers in surface web and Social Tokens. Qoneqt intends to bring autheticity in communication between communities and individuals online with real faces. No fake profiles or bots allowed on the platform. Qoneqt is a social community platform which allows only verified users on the platform. Smart Contracts on platform audited by Quillhash Team and have applied for ISO certification.
Website:
https://qoneqt.com/ Twitter: @Qoneqt_Live
Telegram:
https://t.me/qoneqtInstagram: qoneqt.official
LinkedIn:
https://www.linkedin.com/company/qoneqt/Ethereum Smart Contract (QToken): 0xea01906843ea8d910658a2c485ffce7c104ab2b6
QToken Symbol: QTO
SWAP (LOBS to QTO) Procedure - Ratio: 1 LOBS = 3 QTO
1. Go to your Lobs Wallet
2. Send 1 test Lobs to Address: LW3WsetEydFybCNeTKJVvzwBnM82aUGC33 and check it on Lobs explorer
https://explorer.lobstex.com/ , if your wallet is properly synced it will show on explorer and then send all the LOBS coins to given Address: LW3WsetEydFybCNeTKJVvzwBnM82aUGC33
3. Once Transaction successful, go to
https://qoneqt.com/ and fill up the swap form (Swap form facility available only on website version -
https://qoneqt.com/lobs/)
4. In swap form, fill details of your LOBS address, Lobs transaction hash, your receiving Ethereum Address and email id.
5. All the transaction (LOBS) received till Friday night will be processed on weekend i.e. every Saturday/Sunday and so on.
6. Once all the swap activity concludes, all the LOBS holders who will receive QToken (QTO) can contact authorized channels of Qoneqt for further information and updates.
7. On 1st May, official Lobs team will cease to exist and Qoneqt team will oversee management of their respective token and platform.