Topic: [Edex] Decentralized Token Exchange Platform (Airdrop Closed) - page 12. (Read 23025 times)

10,636,000 DEX token burned and replaced with EDEX

Read more; https://medium.com/@edex_dex/10-636-000-dex-token-burned-and-replace-with-edex-6c47bd4df6f1

What Next?

Next will be a swap from our old contract to new one (More details)

we’ll do a manual swap from our old DEX to new EDEX,so that people can claim their new edex token any time even after 10 years.I’ll contact with IDEX exchange for their co-operation because DEX is officially listed on their market.

Our formal website is now live at https://www.ethdex.org/ (we’ll replace our exchange on this domain)

EDEX whitepaper will be available on the website within 48 hours,i ask for your patience.

There is no action needed from the token holder at this moment,we’ll call for a manual swap very soon.Our new token will be listed on exchange with the ticker ‘EDEX’ (I already sent request to etherdelta,coinexchange,decentrex,yobit and currently waiting for their answer.If you have good connection with the exchanges and wants to help us,let me know on bitcointalk.

So the tokens(DEX) already in my wallet will be swapped with new tokens automatically? I dont have to do anything right? Sorry for asking dumb question as i dont want to lose out on a promising project.

Confused?

Its very simple,
we’ll do 1:1 swap after 2 or more months but we created the new contract earlier (for brand name and token symbol and error-free whitepaper)
You can’t get the new ERC20 token until the 3rd airdrop (only current donor/investors will get the fresh token earlier)
As we said EDEX is fully transparent we’ll burn all remaining airdrop token (after giving you a chance to claim your round 2 airdrop token ), we’ll issue exactly same amount of new token with our original token symbol EDEX.

Remember, do not worry about old DEX as this is the only token that is currently tradeable, accessible, payable as bounty. Our new erc20 token has no value until we officially call for a token swap,100% tokens are currently stored in our donation address and only i have the access to that wallet.
This is an urgent decision that needed to be executed before the white paper release.We want to make our mission and roadmap very clear.

Hi from dev,
Thanks for trusting me and support our project, i really appreciate your donation, strong belief on me as well as on edex.
As all of you know that i'm offering people double token if the donate a certain amount of ethereum. I got 5 small contributions from all of you and i was committed to give you 2X minimum return (could be 20x or more if we gain few milestone) on your investment. Here are some details information,

There is 5 million token reserved for the donor/investors for an expecting value of 30 ethereum (suppose), this is not mandatory as i already have the budget (almost 80%) for our project. So as this point if i calculate your share as an early bird investors/donor,

for each 0.10 ETH you get 40k token (1 ETH=40k) this is the lowest value for such a token like EDEX as we aimed to build something different (not a formal DEX like etherdelta)

I want to share an important news because it is my duty to let you know first before i announce it publically, so please keep this confidential until i share it to public.

We deployed a new contract that supposed to be done earlier in Q1 2018 as token swap (according to edex roadmap), but since we cut off our roadmap and started early development, we thinking for token swap before the beta phase (previous roadmap it was after beta). also there is some problem with our token symbol DEX (there is already a token dexire (DEX) on etherdelta, we feel the demand for making some changes in our token symbol.
So here is newly deployed contract:
Contract Address:   0x038da599a137f89f49b43cd0d561d5e159058b60
There will be 1:1 token swap (December-January,i'll let you know the exact date)
21 million DEX token will be swaped for 21 million EDEX token.

Our new token information is,

Token name: ETHDEX
Token Symbol: EDEX
Decimal: 8

I am holding 21 million newly created EDEX token to the donation address as you can see on etherscan
https://etherscan.io/token/0x038da599a137f89f49b43cd0d561d5e159058b60#balances

So as i told you that if you invest you'll get double token after main net, (actually after token swap was proposed on previous plan), because we already created our new token so you can get early access to this fresh EDEX token for believing on me. you'll get EDEX token at a price of 1 ETH=400k EDEX
our current price is not stable but i can say 0.000006-0.000007 eth is the current value for edex according to etherdelta. If the price is drop low than 200% after the main net, I'll create a buy wall for you where you can dump your all edex and get out with a safe 200% return.

I'll share some more internal information if you stray confidential and not share with anyone before my announcement.

I wish you all the best and thank you once again for your donation.

In next round,
For any donor/investor, there will be 30k EDEX for each 0.10 ETH contribution, the amount will reduce to 20k in the last round.My expectation is big from EDEX, i need support, not financial but community support. I believe i can run this project from my own personal budget hense partnership is just an opportunity.

Best regards
#EDEX