Update 3. Let's address some questions:. When will the blockchain changes occur.
06 Jul 2023, 23:37
Update 3
Let's address some questions:
1. When will the blockchain changes occur?
The process has already begun and will be implemented once we complete the initial phase of our funding.
2. Do holders need to take any action to be included?
No action is necessary, and you won't even notice any changes.
3. What happens to staked coins?
Staked coins would have already been airdropped to your wallet and will be available. They would no longer be locked in the old contract on the old network.
4. Will there be any changes to the price?
The positive benefits will increase the price over time, and there won't be any direct alterations. The team will use the current market price of credit for the sale to ensure consistency between the sale and the open market.
5. What technical changes are being made?
The most significant changes are related to consensus. We are transitioning from proof of authority to DPOS (Delegated Proof of Stake). This change makes it more profitable for validators and integrates staking for users directly into the chain's function. Staking will always exist and will be competitive in your favor as validators compete to provide the highest rewards for staking in their nodes.
6. How long will all of this take?
We anticipate completing the initial phase within 90 days and commencing series A funding before the end of the year.
7. How can I access the closed beta Forge app?
The initial phase will include a fair launch, and participants of the trial launch will have access to the platform during the closed testing stages.
8. What will be tested?
So far, we have developed a demonstrable system that includes:
- Merchant network
- Point of sale
- Merchant app
- QR and NFC payments
- Web SDK
- WordPress plugin
- Crypto Visa
- Fiat Visa
- Virtual and physical cards
- Multi-asset wallet (linked to 5 major chains)
- Remittance
As you can see, a lot of work has already been done. The team is focused on implementing these changes with minimal potential for any negative experiences. We can look forward to having budgets for business functions like marketing, and we will also have the means to achieve mass adoption. The app plays a crucial role in quickly gaining up to 3 billion new users. Additionally, our boots-on-the-ground strategy, which proved successful in Nigeria, has been developed into a proprietary framework that can facilitate digital payments and replace cash even in remote areas. The simplicity of its design and our cooperative banking model will attract a significant influx of new users to crypto—users who may not join through any other means.
After five years of operating with no income or investment, we have reached this point, which speaks volumes about our ability to be successful no matter what. Investors can see that even a small investment with us will have a massive impact.
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1CREDITCREDIT #8765
06 Jul 2023, 23:37
Update 3
Let's address some questions:
1. When will the blockchain changes occur?
The process has already begun and will be implemented once we complete the initial phase of our funding.
2. Do holders need to take any action to be included?
No action is necessary, and you won't even notice any changes.
3. What happens to staked coins?
Staked coins would have already been airdropped to your wallet and will be available. They would no longer be locked in the old contract on the old network.
4. Will there be any changes to the price?
The positive benefits will increase the price over time, and there won't be any direct alterations. The team will use the current market price of credit for the sale to ensure consistency between the sale and the open market.
5. What technical changes are being made?
The most significant changes are related to consensus. We are transitioning from proof of authority to DPOS (Delegated Proof of Stake). This change makes it more profitable for validators and integrates staking for users directly into the chain's function. Staking will always exist and will be competitive in your favor as validators compete to provide the highest rewards for staking in their nodes.
6. How long will all of this take?
We anticipate completing the initial phase within 90 days and commencing series A funding before the end of the year.
7. How can I access the closed beta Forge app?
The initial phase will include a fair launch, and participants of the trial launch will have access to the platform during the closed testing stages.
8. What will be tested?
So far, we have developed a demonstrable system that includes:
- Merchant network
- Point of sale
- Merchant app
- QR and NFC payments
- Web SDK
- WordPress plugin
- Crypto Visa
- Fiat Visa
- Virtual and physical cards
- Multi-asset wallet (linked to 5 major chains)
- Remittance
As you can see, a lot of work has already been done. The team is focused on implementing these changes with minimal potential for any negative experiences. We can look forward to having budgets for business functions like marketing, and we will also have the means to achieve mass adoption. The app plays a crucial role in quickly gaining up to 3 billion new users. Additionally, our boots-on-the-ground strategy, which proved successful in Nigeria, has been developed into a proprietary framework that can facilitate digital payments and replace cash even in remote areas. The simplicity of its design and our cooperative banking model will attract a significant influx of new users to crypto—users who may not join through any other means.
After five years of operating with no income or investment, we have reached this point, which speaks volumes about our ability to be successful no matter what. Investors can see that even a small investment with us will have a massive impact.
Update 3. Let's address some questions:. When will the blockchain changes occur.
Update 3
Let's address some questions:
1. When will the blockchain changes occur?
The process has already begun and will be implemented once we complete the initial phase of our funding.
2. Do holders need to take any action to be included?
No action is necessary, and you won't even notice any changes.
3. What happens to staked coins?
Staked coins would have already been airdropped to your wallet and will be available. They would no longer be locked in the old contract on the old network.
4. Will there be any changes to the price?
The positive benefits will increase the price over time, and there won't be any direct alterations. The team will use the current market price of credit for the sale to ensure consistency between the sale and the open market.
5. What technical changes are being made?
The most significant changes are related to consensus. We are transitioning from proof of authority to DPOS (Delegated Proof of Stake). This change makes it more profitable for validators and integrates staking for users directly into the chain's function. Staking will always exist and will be competitive in your favor as validators compete to provide the highest rewards for staking in their nodes.
6. How long will all of this take?
We anticipate completing the initial phase within 90 days and commencing series A funding before the end of the year.
7. How can I access the closed beta Forge app?
The initial phase will include a fair launch, and participants of the trial launch will have access to the platform during the closed testing stages.
8. What will be tested?
So far, we have developed a demonstrable system that includes:
- Merchant network
- Point of sale
- Merchant app
- QR and NFC payments
- Web SDK
- WordPress plugin
- Crypto Visa
- Fiat Visa
- Virtual and physical cards
- Multi-asset wallet (linked to 5 major chains)
- Remittance
As you can see, a lot of work has already been done. The team is focused on implementing these changes with minimal potential for any negative experiences. We can look forward to having budgets for business functions like marketing, and we will also have the means to achieve mass adoption. The app plays a crucial role in quickly gaining up to 3 billion new users. Additionally, our boots-on-the-ground strategy, which proved successful in Nigeria, has been developed into a proprietary framework that can facilitate digital payments and replace cash even in remote areas. The simplicity of its design and our cooperative banking model will attract a significant influx of new users to crypto—users who may not join through any other means.
After five years of operating with no income or investment, we have reached this point, which speaks volumes about our ability to be successful no matter what. Investors can see that even a small investment with us will have a massive impact.