Developer Update:
Hey everyone.
We will be holding a coin swap so that we can update to the NEW Footy Cash Masternodes
The goal was to get feedback on the Masternodes then let Cryptopia know when the 15 days notice should occur for the de-listing process. Obviously there was a miscommunication about when the de-listing would begin, so I will accept responsibility for that. I was going to explain the coin swap on the forum, Slack, and Twitter beforehand. In any case, Cryptopia said everyone will have 15 days to withdraw their coins.
I am 100% committed to the project. It has been funded by my own money, as there was no ICO or pre-mine. To get re-listed on Cryptopia costs .8BTC. A larger exchange like Livecoin (5-10x volume of Cryptopia) costs 3 BTC to get listed.
Coin Swap
The coin swap will be 1 for 1. If you have 1 coin now, once the swap is held you will have 1 coin of the new Footy Cash. The anonymous features are really important in the daily fantasy industry, helping people to participate without providing lots of personal information. Users will also be able to communicate with others in the wallet through secure messaging. The masternodes also provide incentives for people to continue holding their coins with 2/3 of the reward going to masternode holders and 1/3 regular staking.
We will jump-start the network with a few masternodes and then the extra coins can be destroyed, used for promotions, or whatever the community chooses. This will help maintain the low supply of the coin.
More details will be added tomorrow.
Hey everyone.
We will be holding a coin swap so that we can update to the NEW Footy Cash Masternodes
The goal was to get feedback on the Masternodes then let Cryptopia know when the 15 days notice should occur for the de-listing process. Obviously there was a miscommunication about when the de-listing would begin, so I will accept responsibility for that. I was going to explain the coin swap on the forum, Slack, and Twitter beforehand. In any case, Cryptopia said everyone will have 15 days to withdraw their coins. I am 100% committed to the project. It has been funded by my own money, as there was no ICO or pre-mine. To get re-listed on Cryptopia costs .8BTC. A larger exchange like Livecoin (5-10x volume of Cryptopia) costs 3 BTC to get listed.
Coin Swap
The coin swap will be 1 for 1. If you have 1 coin now, once the swap is held you will have 1 coin of the new Footy Cash. The anonymous features are really important in the daily fantasy industry, helping people to participate without providing lots of personal information. Users will also be able to communicate with others in the wallet through secure messaging. The masternodes also provide incentives for people to continue holding their coins with 2/3 of the reward going to masternode holders and 1/3 regular staking.
We will jump-start the network with a few masternodes and then the extra coins can be destroyed, used for promotions, or whatever the community chooses. This will help maintain the low supply of the coin.
More details will be added tomorrow.
Will there be a detailed explanation what we need to do?
So I need to transfer my coins to Footy wallet? Which one? The masternode beta one or the regular one?
Thanks.
Also is it possible to make donations? I might be able to donate a smaller amount at the end of the month, once my salary arrives. Even is smaller amount, donations might help with transition and addition to bigger exchanges.
Hey Enoeht! We will provide a detailed explanation of how the swap will take place shortly.
Cryptopia is allowing 15 days for the withdrawal process, so you can keep them there or in your own wallet. Do not send them to the beta testing wallet!
I would definitely appreciate any donations to help us get relisted on Cryptopia or Livecoin.
Footy Donations: DESJjvqDrpCujQytwiJGND4842VrwALZGR
Bitcoin Donations: 1Q1DQcrQDvFErHuVWF2Z9FktrEb9mS8uRf
