Cryptopia is delisting GoldReserve

Cryptopia exchange is set to delist GoldReserve on April 29 due to the transition of token platform
12 April 2018   938

Cryptopia exchange has issued a notice of the delisting of GoldReserve's XGR. The last day of the token on the exchange is set to April 29. The reason of the delisting is that XGR transitioning to an ERC-20 token standard. Unfortunately, the exchange has not been properly notified about this change in advance and the communication with the project is not clear. XGR holders are strongly advised to be cautious and investigate the developers' plans on the coin.

For ensuring safety and accessibility of the coin after the removal users are also advised to withdraw their funds immediately (as of March 29). The swap research is highly recommended.

XGR changed to be an ERC-20 token on the Ethereum Blockchain. There is a swap page (fork.goldreservecoin.com) where you can swap all the coins you have.

 

Excerpt from XGR developer's message

Cryptopia is not part of the swap and thus further details on whether the ERC-20 version of XGR will be listed is not clear. At the moment of publication, the GoldReserve market characteristics are as follows

Average price: $0.017326

Market cap: $297,506

Binance Launchpad to Change IEO Rules

Binance is going to implement the lottery format for the next tokensale campaign
25 March 2019   57

Binance announced a change in the format of the next tokensale on the Launchpad platform to a lottery. At the same time, the number of lottery tickets per account will depend on the size of the steak in the BNB for 20 days before IEO.

Note that one account can get up to 5 lottery tickets. Winners will be selected by randomizer.

BNB Balance to Lottery Tickets Ratio
BNB Balance to Lottery Tickets Ratio

It is noteworthy that within 20 days before the lottery, the BNB-deposit snapshot will be carried out daily at 0:00 UTC to monitor the fulfillment of the conditions.

Each winning ticket will grant the right to purchase tokens for a fixed amount in BNB equivalent. As soon as the user informs the exchange that he is ready to use a certain number of tickets in case of their winnings, this obliges him to purchase tokens and the money will be debited automatically.

Binance acknowledged that the price of BNB may fluctuate due to daily snapshots, and its potential decline may not be covered by the benefit from the new token, and encouraged users to make informed decisions.

In addition, Changpeng Zhao urged the community to comment on the new format in a separate Twitter thread in order to make the necessary feedback-based changes, if needed.

During the Celer Network tokensale on the Launchpad platform again had bandwidth problems; many people did not manage to purchase tokens.