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Topic: [ANN] HAT.Exchange - The True P2P Experience | IFS Rewards | BETA (Q3 2018) - page 48. (Read 57275 times)

member
Activity: 140
Merit: 12
..is now rebranded as HAT.Exchange!


COIN SWAP WITH IFS ACTIVATION
When? It's happening on 30th od December 2017 between the whitepaper and desktop wallet release.

Why? The currently deployed smart contract, which defines HAT Token's properties and functions does not contain the needed function to allow staking and some other features to be introduced in the Q1 2018. A smart contract can't be modified once deployed on the main Ethereum network so a contract change implies we need to publish a new contract at a new address and our old tokens won't be able to interact with it.

How? In a way similar to our previous airdrop waves, a block snapshot will happen on 30th December and main developers will distribute the new tokens to the holders. So assuming Bob has 100HAT, he will receive 100(new)HAT. The new coin will have the same value and properties, furthermore, the Total Supply won't be touched, so it's totally safe for the market and odds are we won't even notice it happening.

What should we do?
To get yourself ready for the swap Hawala advice to keep the HATs in an ERC20 compatible wallet. Any wallet that gives you a private key will be perfectly fine. In the next days, EtherDelta will let us know if users need to withdraw the funds or they can do the swap on the exchanger seamlessly.
member
Activity: 140
Merit: 12
..is now rebranded as HAT.Exchange!
dont understand, after December 30, those hat tokens in our wallet will turn into hathold, and instead of them you will give us new tokens, in the same amount as they were in our purse or they are plus, for example there were 65 hats in my wallet and you add 65 new tokens . so i have in my wallet 130 new tokens hat? am i right?
dont understand, after December 30, those hat tokens in our wallet will turn into hathold, and instead of them you will give us new tokens, in the same amount as they were in our purse or they are plus, for example there were 65 hats in my wallet and you add 65 new tokens . so i have in my wallet 130 new tokens hat? am i right?

I don't think you understand what is token swap. If you have 65 HAT in your Erc20 compatible wallet (and not in an exchange), you will receive 65 of the new HAT tokens. The old tokens will be (or should be) worthless after that. So you won't be having 130 HAT tokens, but 65 HAT (this one will be worth according to the market) and 65 old HAT (this one should be worthless after the swap).

Of course, I could be wrong because token swaps can happen in multiple ways. I guess admin can tell you for certain how it will happen. But I think it will be as I wrote.

Hi Mansuri,

Slack has pretty much explained it, you wont be getting 130 HAT you will be getting equal amount of HAT in your wallet, but the OLD HAT will be worthless and won't have any value.
The trading will start at the same price of OLD HAT so there shouldn't be any problem.

The Coinswap is happening because of IFS Activation and other new Standards in our contract. This is a common practice and should be worried about anything if you have your coins in your wallet safely Smiley

please make sure you bring your coins back in your wallet by 30th Dec


Any plans of posting a detailed instruction post for upcoming Coin Swap?

Hey,

Yes please check Reddit page for instructions as well as blog.

https://www.reddit.com/r/HawalaToday/comments/7khgji/coin_swap_what_when_why_how/
http://www.hawala.today/blog/hawala-today-dev-update-12-15-17/
newbie
Activity: 21
Merit: 0
dont understand, after December 30, those hat tokens in our wallet will turn into hathold, and instead of them you will give us new tokens, in the same amount as they were in our purse or they are plus, for example there were 65 hats in my wallet and you add 65 new tokens . so i have in my wallet 130 new tokens hat? am i right?
dont understand, after December 30, those hat tokens in our wallet will turn into hathold, and instead of them you will give us new tokens, in the same amount as they were in our purse or they are plus, for example there were 65 hats in my wallet and you add 65 new tokens . so i have in my wallet 130 new tokens hat? am i right?

I don't think you understand what is token swap. If you have 65 HAT in your Erc20 compatible wallet (and not in an exchange), you will receive 65 of the new HAT tokens. The old tokens will be (or should be) worthless after that. So you won't be having 130 HAT tokens, but 65 HAT (this one will be worth according to the market) and 65 old HAT (this one should be worthless after the swap).

Of course, I could be wrong because token swaps can happen in multiple ways. I guess admin can tell you for certain how it will happen. But I think it will be as I wrote.

Hi Mansuri,

Slack has pretty much explained it, you wont be getting 130 HAT you will be getting equal amount of HAT in your wallet, but the OLD HAT will be worthless and won't have any value.
The trading will start at the same price of OLD HAT so there shouldn't be any problem.

The Coinswap is happening because of IFS Activation and other new Standards in our contract. This is a common practice and should be worried about anything if you have your coins in your wallet safely Smiley

please make sure you bring your coins back in your wallet by 30th Dec


Any plans of posting a detailed instruction post for upcoming Coin Swap?
newbie
Activity: 2
Merit: 0
best token ever with great concept love the project
full member
Activity: 1382
Merit: 105
HAT is a wonderful coin, i wants to join bounty but posts are very limited on facebook and can't share the required figure.please revise bounty.
member
Activity: 224
Merit: 10
I regretted that I did not buy a lot that was really very successful
full member
Activity: 239
Merit: 100
Reserved for translation
member
Activity: 70
Merit: 10
I think people who understand what this is they are investing....Look at like this okay....

The biggest holder currently holding  33k HAT

At this rate he is making around 400 HAT a month with staking...

That is around 550USD

Now if the price increases his number increases alot...

if the price of HAT is at 10$ he is making $5500 , $20 than $11000 monthly

You can do the math further on I think 🙂

We can't stake yet though, can we? Isn't this token still an erc20?

Yes the HAT token is ERC20... And you can start staking from 1st jan 2018
full member
Activity: 350
Merit: 107
I think people who understand what this is they are investing....Look at like this okay....

The biggest holder currently holding  33k HAT

At this rate he is making around 400 HAT a month with staking...

That is around 550USD

Now if the price increases his number increases alot...

if the price of HAT is at 10$ he is making $5500 , $20 than $11000 monthly

You can do the math further on I think 🙂

We can't stake yet though, can we? Isn't this token still an erc20?
member
Activity: 70
Merit: 10
I think people who understand what this is they are investing....Look at like this okay....

The biggest holder currently holding  33k HAT

At this rate he is making around 400 HAT a month with staking...

That is around 550USD

Now if the price increases his number increases alot...

if the price of HAT is at 10$ he is making $5500 , $20 than $11000 monthly

You can do the math further on I think 🙂
member
Activity: 140
Merit: 12
..is now rebranded as HAT.Exchange!
dont understand, after December 30, those hat tokens in our wallet will turn into hathold, and instead of them you will give us new tokens, in the same amount as they were in our purse or they are plus, for example there were 65 hats in my wallet and you add 65 new tokens . so i have in my wallet 130 new tokens hat? am i right?
dont understand, after December 30, those hat tokens in our wallet will turn into hathold, and instead of them you will give us new tokens, in the same amount as they were in our purse or they are plus, for example there were 65 hats in my wallet and you add 65 new tokens . so i have in my wallet 130 new tokens hat? am i right?

I don't think you understand what is token swap. If you have 65 HAT in your Erc20 compatible wallet (and not in an exchange), you will receive 65 of the new HAT tokens. The old tokens will be (or should be) worthless after that. So you won't be having 130 HAT tokens, but 65 HAT (this one will be worth according to the market) and 65 old HAT (this one should be worthless after the swap).

Of course, I could be wrong because token swaps can happen in multiple ways. I guess admin can tell you for certain how it will happen. But I think it will be as I wrote.

Hi Mansuri,

Slack has pretty much explained it, you wont be getting 130 HAT you will be getting equal amount of HAT in your wallet, but the OLD HAT will be worthless and won't have any value.
The trading will start at the same price of OLD HAT so there shouldn't be any problem.

The Coinswap is happening because of IFS Activation and other new Standards in our contract. This is a common practice and should be worried about anything if you have your coins in your wallet safely Smiley

please make sure you bring your coins back in your wallet by 30th Dec
newbie
Activity: 53
Merit: 0
Reserved for Thai translation
newbie
Activity: 21
Merit: 0
Guys I have some question about Coin swap that will happen later this december.

1) What will happen to my old HAT?
2) Will the value of the new HAT be same as the old HAT?
3) When are you gonna post detailed instructions about Coin Swap?


sr. member
Activity: 1232
Merit: 333
DAO MAKER
Am i get right. For 1 month wearing your signature i will get only 15 tokens with value 20$. Am i right ? 20 $ for 1 month?
legendary
Activity: 2632
Merit: 1239
dont understand, after December 30, those hat tokens in our wallet will turn into hathold, and instead of them you will give us new tokens, in the same amount as they were in our purse or they are plus, for example there were 65 hats in my wallet and you add 65 new tokens . so i have in my wallet 130 new tokens hat? am i right?

I don't think you understand what is token swap. If you have 65 HAT in your Erc20 compatible wallet (and not in an exchange), you will receive 65 of the new HAT tokens. The old tokens will be (or should be) worthless after that. So you won't be having 130 HAT tokens, but 65 HAT (this one will be worth according to the market) and 65 old HAT (this one should be worthless after the swap).

Of course, I could be wrong because token swaps can happen in multiple ways. I guess admin can tell you for certain how it will happen. But I think it will be as I wrote.
newbie
Activity: 18
Merit: 0
Reserved for Finnish translation, please confirm  Smiley
newbie
Activity: 20
Merit: 0
dont understand, after December 30, those hat tokens in our wallet will turn into hathold, and instead of them you will give us new tokens, in the same amount as they were in our purse or they are plus, for example there were 65 hats in my wallet and you add 65 new tokens . so i have in my wallet 130 new tokens hat? am i right?
member
Activity: 112
Merit: 10
Wow the value is rapidly boom im just so amazed congrats to the team
newbie
Activity: 21
Merit: 0
HHHAAAAAWWWWWWAAAAALLLLLLAAAAAAAAA love you guys!!!!

Sorry I got too excited with the things going on right now Grin

Hawala.Today to the moon baby
member
Activity: 140
Merit: 12
..is now rebranded as HAT.Exchange!
What is the minimum rank for signature bounty and what is the reward?

Member is the minimum rank. Rewards will be updated today.

There's a signature bounty for Hawala? Why doesn't it say anything in the ANN post?


I don't know what you're talking about Cheesy

Jokes aside, the information has been updated, I had done it earlier but somehow it didn't show...should be all set now Smiley
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