POPCHAIN Foundation airdrops new token(PCHT) for the smooth token swaps.
Dear participants,
POPCHAIN foundation officially opened the mainnet of POPCHAIN last May and we are now in the process of token swap to the PCH mainnet coin(the “PCH coin”). In addition, we have announced the suspension of existing POPCHAIN CASH ERC-20 token(the “PCH token”) trading.
However, the existing PCH token does not have functions such as burn / freeze, so in effect, the existing PCH token will continue to be traded even if we did not plan this situation. This means that it can be serious adverse effects to POPCHAIN ecosystem and the participants.
In order to prevent damage through this issue, we plan to issue and airdrop new token which is called POPCHAIN CASH TOKEN(the “PCHT”) to replace existing PCH token.
After this announcement, the PCHT airdrop will be implemented immediately and PCHT is the only token which is able to swap to PCH coin.
The existing PCH token is not only unable to recognize as the POPCHAIN’s official currency anymore, but also not able to participate token swaps.
The detail of PCHT airdrop
- Airdrop date: Immediately after this announcement released(19.10.07, 16:00 GMT+9)
- Airdrop ratio: 1 : 1 = Existing PCH Token: PCHT(POPCHAIN CASH TOKEN)
- Airdrop target: Every wallet which is stored the existing PCH token(Must be searchable through Etherscan)
* Based on Etherscan data at 19.10.04, 00:00 GMT+9
1) Those participants who already deposited the existing PCH tokens on GDAC exchange
: Your PCH token will be automatically converted to PCHT
2) Those participants who did not participated in the token swap during the token swap period
: Check your wallet which you did store the PCH token. PCHT will be airdropped 1–2 days after this announcement
3) Those participants who already participated token swap with email and send the existing PCH token to the Foundation
: POPCHAIT foundation will Individually contact to you
4) Exception
: Those wallets which is stored under 1,000 PCH tokens will not support the PCHT airdrop. Please contact individually.
Precautions
- After this notice, PCHT is the only currency that POPCHAIN foundation officially support the token swap
- Existing PCH tokens will not be able to swap with PCH coins
- Existing PCH tokens no longer have any value and are not the POPCHAIN Foundation officially recognized currencies.
- DO NOT trade existing PCH tokens. The POPCHAIN foundation will not officially respond to any transactions of existing PCH tokens.
If you need more information, please check the following FAQ.
And if you need personal information, please contact us at contact@popchain.co.
Thank you.
POPCHAIN Foundation
