Bytom will move to the DAO model, and the Bytom blockchain will cease to operate completely


On November 24, according to the latest roadmap released by Bytom, the deposit will be stopped and the Bytom blockchain will completely stop operating, and the full transition to the DAO model will be completed in the next 6 months, and the control of the project will be effectively transferred to the community. The tokens will be converted to ERC-20 tokens, and the detailed timeline and procedures for the migration will be communicated in a separate announcement. All tokens (about 20%) held by Bytom Foundation will be allocated to the DAO treasury for community management. The BTM buyback offer is $0.0345 and is subject to KYC procedures. After the buyback period ends, all unclaimed tokens will be deposited into the DAO vault.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)