Sorry guys, I am new here to the Thread. So just to summarize, there is a snapshot looming where entire NOTES will be replaced by Dnotes 2.0 (Coin name not sure).
The process will be 1 to 1 Swap. For swap to happen, coins should be present where ? Also you mentioned you are still in discussion with Exchanges which may or may not support swap?
What are potential causes of concerns for investors as part of this swap?
Welcome to DNotes, Shade_Wrath and thanks for the questions. Great summaries. The coin name will remain as DNotes with the notation that it’s the second generation; hence “DNotes 2.0”
The ideal place for the swap is for DNotes to be held in a DNotesVault account. The swap will take place soon after the snapshot. DNotesVault is built to handle this promptly, and securely with ease for our account holders. DNotes held in an Exchange or a private wallet is a little more challenging, since the owner of the private key to the wallet must send the DNotes to an address we provide before we can complete the swap. Other arrangements are also under consideration. We do not anticipate anyone not cooperating but it is conceivable that some may not act as promptly as we would like, or not aware of the swap. We will do our best to get the words out. We expect all our exchanges to work well with us to ensure a smooth transition.
This is a significant event. Depending on the final arrangement with each exchange where DNotes is traded, DNotes’ trading will be halted for a few days. Interruption in trading always bring about uncertainties. I never like to speculate on the outcomes of uncertainties.
We are very committed to a smooth transition and trust that this will elevate DNotes to the next level where we are on par or ahead of our competitors as a technology leader. Coupled with our ecosystem and roadmap, this is our turn to shine. I am excited and very optimistic that DNotes is now equal to and will be better than our key competitors before long.