The initial 10 million KR will be offered as a swap/CFC according to this schedule: THE swap/CFC HAS ENDED.
- Week one: [ENDED 24-Feb-2016] Release week, no distribution, KR can only be mined.
- Week two: [ENDED 2-Mar-2016] 4 Million KR will be offered to be swapped for GAIA at a ratio of 5:1 (5 GAIA for each KR) Results: 9,725,400 GAIA were swapped for 1,945,080 KR. Details: https://docs.google.com/spreadsheets/d/1cb-4HjAlNPl8cmIpptAIuj9VDShSTA2UDgeIcA_otFo/edit#gid=0
- Week three: [ENDED 10-Mar-2016] KR will be offered for sale at 6000 SATS per coin in BTC only.
- Week four: [ENDED 16-March-2016, 21:00 GMT] KR will be offered for sale at 8000 SATS or for swap with GAIA at a swap ratio of 8:1 (8 GAIA for each KR) Buy $KR Here: http://krypton.rocks/2016/03/04/krypton-kr-sale/ KR SALE HAS ENDED.
- At the end of week four all remaining KR and swapped Gaia were burned. Details: http://krypton.rocks/2016/03/25/kr-coin-burn/
- GAIA will remain on exchanges, KR is not intended to end the GAIA chain.
- Covertress will manage and promote Krypton. KR will follow an independent development route.
- The second GAIA/KR swap [week 4] will be performed manually. Details posted below.
- GAIA will be swapped at a ratio of 8:1 (8 GAIA for each KR)
- GAIA will be valued at 1000 satoshis for the swap (no matter its trading price.)
The Gaia swap to KR will take place using email:- To initiate a swap send an email to firstname.lastname@example.org with the subject “Gaia Swap” and your email address, amount of Gaia you want to trade for KR, in the body. * minimum amount is 1000 Gaia and entire amount must be multiple of 1000 Ex: 2000, 3000, 4000, … 34000 etc… * do not initiate more than one swap request per email address, that will corrupt your data on our trade sheet.- Once you have initiated the request, you will be sent a Gaia address to send your gaia coins.- When your Gaia TX confirms we will add a record to our exchange sheet.- All swapped or sold KR will be sent after the swap/cfc ends. * You will be contacted by email to provide a KR address at that time.- All swap email requests received before 5PM EDT – 21:00 GMT on Wednesday March 16, 2016 will be honored.Thank You– RagingBull Blockchain Administrator
Frequently answered questions:
The KR CFC/Swap ends on 16-March-2016 at 21:00 GMT.
KR swapped for or purchased will be issued on 17-March-2016.