[XREATORS(ORT) MEXC Exchange Trading Termination and Future Plans Announcement]
Hello, this is GRAFOLIO.
We would like to inform you that trading of the XREATORS(ORT) token on the MEXC exchange will be terminated.
Since March 14, 2023, we have been listing and supporting ORT on the MEXC exchange. In August 2023, MEXC transferred the ORT token to the evaluation area, and a 30-day evaluation period was conducted. During this period, the following key requirements were presented:
•User holding value excluding liquidity supply must be at least 50,000 USDT.
•Daily trading volume consisting of liquidity supply should be at least 50,000 USDT.
Artificial intervention is legally impossible. We believe that addressing this fundamentally through service expansion and long-term measures will ultimately have a positive impact on the domestic listing preparation process. It is expected that after the completion of MEXC’s evaluation period, support for trading the XREAOTRS(ORT) token will be discontinued.
• The exact date for the discontinuation of trading support will be announced immediately upon receiving information from MEXC.
• Even after trading discontinuation on MEXC, normal trading will continue on Gate.io (http://gate.io/).
GRAFOLIO has the following plans to prepare for additional listings and increase the value of ORT:
1. Enhancement of ORT’s Actual Value through GRAFOLIO Rebranding
The GRAFOLIO rebranding is scheduled to be launched on September 25. As announced in March 2023, GRAFOLIO holds resources based on the service criteria operated by Naver, including 110,000 creators, 13 million members, and 1.7 million works and creator pool. Based on these resources, we aim to build an environment where even creators and general users with low understanding of NFT can naturally encounter and utilize ORT in connection with the WEB3 field. Through a contract with OGQ, we have acquired brand usage rights, co-operation rights, and creator content usage rights, and we will proceed with the rebranding project. After rebranding, we will continue to build a service environment where both crypto users and creators/general users can naturally encounter and utilize ORT, striving to activate tokenomics and increase the actual value of ORT.
2. Immediate Introduction of New Systems: Polygon Parking, Reward Service
In preparation for the rebranding launch, Polygon parking and reward services will be introduced. Both systems are currently developed and in the final checking stage. After rebranding, in addition to the Ethereum network, the Polygon network will also be supported, and through dedicated Polygon parking, parking can be used at a low fee. The free minting project conducted so far will also gradually allow Polygon parking. Through parking, points can be obtained, and by accumulating a certain amount, rewards can be received in the form of ORT. We will continue to operate the service by updating the market continuously, not only through parking but also through various events and mission participation to increase user benefits.
3. Launch of Curated Content
Curated NFT artworks from selected creators will be revealed. Artworks from creators who have exhibited at events such as NFTNYC and NFT Korea, as well as creators who have conducted prominent exhibitions and art projects domestically and internationally, will be offered for sale. Various forms, including standalone works, special editions, and Polygon-based PFP artworks, will be showcased.
We share the news about the trading termination on MEXC exchange and the execution of the GRAFOLIO rebranding, and we will strive to become a better service.
Best regards,
GRAFOLIO
