Update on ARMR Conversion Process and Development

ARMR Network
2 min readApr 3, 2019

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Dear ARMR community,

the ARMR conversion is running smoothly. Until the second week in March we have already converted and distributed almost 11 Million ARMR to our users.

If you where part in the XCS Airfork then claim your ARMR coins now. We have prepared a Registration Conversion Process for you: https://goo.gl/forms/UvHe2n9JmHCWImzb2. Please fill out the google form and follow the instructions. Not all fields are required but it is important to accept the Disclaimer. All registrations will be closely monitored by the team to prevent any attempts of misuse.

If you have questions regarding the ARMR wallet please reference the Wallet User Guide https://armr.network/ARMR_user_guide_latest.pdf or join our community on Telegram https://t.me/ARMR_Network for help.

The conversion to ARMR is free until the end of May 2019, after that until end of August 2019 we will have to take a 20% fee for keeping up the infrastructure. The deadline date counts from the day the Conversion Process Registration Form has been send in.

And now get your ARMR coins!

Update on ARMR Development

We are moving along nicely with our development. Since the first release, we have fixed some minor bugs and updated the wallet. Right now the dev team is working on fixing some of the others bugs that were reported, a release date for the update is near. Parallel we are also working on the next big update which will be Stealth Staking, we do not have a date for that yet though. But we are working behind the scenes all the time.

In the meantime we have started on applying for an exchange listing. We cannot give a timeline for that yet — you will be the first to know!

Some people complain about the low staking rewards, but we are a community driven coin and everyone should have an equal opportunity until the conversion process is almost over, which is the reason for the lower staking reward right now. We are looking at making it higher of course, but we have not decided on a date for that yet.

So, what can you guys do to help us? Well, besides applying for different kind of roles: C++ dev, Website Designers or Developers, Social Media Managers, Helping Hands and other stuff, you need to make others know about ARMR. You need to spread the word about us. Go into our bitcointalk forum, make posts there. Follow our twitter account and repost our posts there. Share our website and idea with other forums. If you don’t do that an exchange won’t make a difference in the long run, we need a larger community to succeed.

Thank you for your support!

Sincerely,

/ARMR Team

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