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Token Swap Snapshot #2 Details

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Hi OPEN Community!

The OPEN team is extremely excited about the Token Swap program and is further excited to give back to all of its supporters. We want to ensure that all of you remain well-informed about the Token Swap and understand how best to participate.

First, congratulations to all of you who registered before our very first snapshot, which took place on June 29 at 1:00 PM PST. As long as you hold all of your OPEN tokens through the duration of the Token Swap program, you will receive a 2:1 bonus!

For those of you who have not yet had a chance to register for the Token Swap, do not worry! Our second official snapshot is coming up soon, so be sure to register your wallet at this link by 11:59 PM PST on July 29, 2018 in order to receive a 1.75:1 bonus on all the OPEN tokens held in your wallet from the time of our snapshot to the official OPEN Swap event.

If you have already signed up for the 2:1 token swap, you only need to sign up for any future ones if you have bought more OPEN tokens since the first snapshot. Those additional OPEN tokens will receive the 1.75:1 token swap bonus. Those who don’t sign up for this 1.75:1 snapshot or the future 1.5:1 bonus, will still receive a 1:1 token swap; however, they simply won’t receive a bonus like those who do sign up for the snapshots and hold through the swap in August.

 

Token Swap #2 Registration Form

Registration Deadline: July 29, 2018. 11:59 PM PST

 

Here are some links that may be useful in explaining our Token Swap Program:

  1. Why we’ve decided to implement our Token Swap Program
  2. A real life example of the Token Swap
  3. A quick Q&A
  4. An explanation of our random snapshots

Keep in mind that we have implemented random snapshots in order to protect our long-term holders. With the best interests of our community in mind, we intend to prevent individuals from taking advantage of token volatility for their own sake. We will not release frequency or timings of these random snapshots in order to maintain the integrity of the Token Swap Program.

We’d like to thank all of you for supporting us thus far! We hope to reward all of you with the Token Swap, so be sure to sign up soon! If you have any further questions regarding the Token Swap, feel free to ask on our Telegram, but make sure to read through all the information on our blog first!

Also, if you haven’t checked out our most recent technical updates, read up here.

The future is OPEN!

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