Dear users and investors,

On our exciting journey in developing and designing a community exchange, we have experienced a lot of setbacks so far.

Although we are confident in overcoming and solving each of these problems, with the latest one we feel an obligation to make an announcement and to our community in order to stay open and transparent as we feel that every ICO project should.

On 23. March, our biggest investor pulled out his funding from our project.

Due to these events, we need to pivot our direction and agree on a smaller scope than initially planned. We’ve considered our options and nevertheless made a plan to continue onwards without major funding.

With a lack of necessary funding for development, we are going to cut most of our planned features and push them to a later date in the roadmap.

Due to these reasons, in the near future, we are going to issue a brand new token which current XNY holders can swap to. Prior to that, XNY token will be delisted from all the exchanges where it’s currently traded.

Currently, we’re working on a complete rebranding of the whole exchange and an overhaul of our front end code. After that, we will have a new roadmap that will be visible on our redesigned platform as well as a new announcement about the future direction of the project.

Since we understand that this is a change from our ICO roadmap and that some of you might not agree with the new direction, we are offering a full refund to everyone that bought XNY during our ICO phase.

Be sure that before contacting us for refund you have all the proof of your investment, your KYC documents, and your participation email. We may ask you for additional information to verify your identity.

You can contact our support team at support@cryptonity.io or on our Zendesk platform https://cryptonity.zendesk.com/hc/en-us.

Kind regards,
cryptonity.io