UPDATE: OrlyCoin friendly takeover!OrlyCoin launched just over a year now.
A few weeks ago I reached out to OrlyCoin's dev, MagNet for a friendly takeover and we came to an agreement.
What does that mean to OrlyCoin holders?
* OrlyCoin becomes a token on the Waves platform
* there will be 1,000,000,000 OrlyCoin tokens (already issued by MagNet), so every OrlyCoin holder will receive 27.2875 Orly tokens for each exchanged OrlyCoin
* OrlyCoin tokens have 0 decimals, so they can't be split up
* there will be set a date when people can start exchanging their OrlyCoins for OrlyCoin tokens
* there will be a 6 month period to exchange your OrlyCoins for OrlyCoin tokens, after that date all remaining tokens will be divided proportionally to everyone who exchanged their OrlyCoins within these 6 months
MagNet and I will work together until the exchange is completed, after that he will hand over the domain, the forum, graphics, etc.
This topic will then be closed and a new topic with a new OP will be started by me and that should complete the takeover.
More to follow!