Bridge Protocol IAM is now TOLL token

Bridge Protocol
BridgeProtocol
Published in
2 min readJun 12, 2018

We are excited for the future of digital ID systems tailored for business. Each day of development we become more confident that Bridge Protocol is the answer that regulators, consumers and businesses are looking for.

Since the Token Sale, the team has been progressing daily in anticipation of this next phase. We are right on track and will begin implementation testing at the end of the month with some great providers and partners!

In preparation for this next phase, we are announcing our upgraded token called TOLL. This token will be more consistent with the branding and utility needs of Bridge Protocol. TOLL will replace IAM as the Bridge Protocol platform token.

TOLL token will be implemented using NEP-5 standards, allowing us to be immediately compatible with Switcheo, one of our favored partners.

We recommend to the community to stop trading the token and let your balances settle by Tuesday 12:00p UTC.

Snapshot Taken
Wednesday June 13, 2018 at 12:00a UTC

TOLL Issued
Thursday, June 14, 2018 at 12:00a UTC

Issue Ratio
1:1 for IAM Holders

We estimate that by close of business on Thursday June 14th, we will airdrop TOLL at a 1:1 ratio to all IAM holders. Circulating supply will remain the same. IAM will become obsolete and will not be accepted on our platform.

TOLL will replace IAM as the Bridge Protocol token.

IAM tokens that are not withdrawn from an exchange prior to the snapshot will be issued to the central exchange wallet. We have coordinated with all active exchanges (BITEBTC and Bitpaction) and tokens will be distributed to their holders quickly.

TOLL will be tradeable on all exchanges that currently list IAM. We appreciate your patience as we work with other providers to integrate our upgraded token.

Your tokens will be dropped in your wallet automatically and requires no action from you.

All social channels and addresses for channels remain the same. Watch our social media channels for upcoming announcements!

Twitter
Telegram
Reddit
Discord
Facebook

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Bridge Protocol
BridgeProtocol

Bridge Protocol s a RegTech company specializing in identity services and compliance for KYC/AML and more on the blockchain www.bridgeprotocol.io