How this is related to XPY?
Best regards.
XPY is being officially exchanged to ION at an 8:1 ratio. ION is developed by the same group of people who promised to develop XPY and failed. ION is a pre-mined shitcoin just like XPY. Is that good enough for you?
This isn't entirely accurate.
1) There was a swap offer for XPY.io holders to exchange their XPY to ION. It was optional. XPY still exists (and may be further developed by the XPY devs). Some kept their XPY. Most XPY.io users swapped their XPY. The offer was for users of the platform.
2) XPY.io did not fail as a platform because it was a bad platform. It was other factors including broken XPY coin code (not developed by XPY.io), XPY history permanently tainted from Garza scam, and the likes. XPY as a coin was dead. As a platform, XPY.io has been successful. Never hacked, never lost coins, hundreds of active users etc.
3) ION is not developed by the same developers that developed XPY/PayCoin. ION is developed by the developers of XPY.io, the platform. Don't confuse the developers of XPY (the coin) and XPY.io (the platform), they are completely separate groups of people.
It would be false to say ION is XPY re-launched.