Dear community of Parallelcoin (DUO),
the team has previously issued an announcement on the 24th of June 2019 in regards to the lost Cryptopia coins. Now that the Parallelcoin (DUO) blockchain fork is imminent, it is finally time for us to address the matter more specifically. We will also address the DUO coins lost on the Altilly hack.
The team will gladly offer you back 50% of your DUO coins lost on Cryptopia or Altilly provided that:1- You have the txid of the deposit transaction to Cryptopia or Altilly and that the destination address belongs to the exchange.
2- The transaction took place within 2 weeks before the hack. (1/1/2019 to 14/1/2019 in case of Cryptopia and 11/12/2020 to 23/11/2020 in case of Altilly.)
3- That you make the claim and provide all evidence to the team before the
deadline of 31st March 2021.
FAQ:
Q: Why do I only get 50% of my coins back?
A: If you deposited to Cryptopia or Altilly then maybe you sold and maybe you didn't. 50% coins back for 50% chance your claim is legitimate.
Q: Why can't you confirm that I didn't sell?
A: Cryptopia and Altilly never provided trading history to the team.
Q: I forgot/lost/don't have my txid. Can I get my coins back?
A: Unfortunately not as we can't verify your claim of deposit.
Q: I bought on the exchange. Can I claim my coins?
A: Sadly no, as there is no way to verify that you bought DUO at all.
Q: Why does my txid have to be within the last 2 weeks before the exchange hack?
A: Because the longer the time after the deposit, the more likely that you have sold.
Q: Why can't I claim my coins after the deadline?
A: Because the lead dev needs enough notice prior to the fork to arrange the return of your coins
Q: What will happen to all unclaimed coins from Cryptopia or Altilly?
A: They will be burned, thus reducing the number of coins in circulation and deflating DUO and increasing its value.
Q: Will any other coins be minted?
A: Yes. 40,000 other coins will be minted. They will be used for development and to pay for exchange listings. The address will have 4 keys each with a core team member and transactions from that particular address will require at least 3 of the 4 keys to be processed. The address will be made public for all the community members to see thus allowing maximum transparency.
The Parallelcoin team is proud to be one of a few teams to offer its community a chance to recover their lost funds. We always try to look after our community.
Regards,
The Parallelcoin Team
Visit Parallelcoin on discord:
https://discord.gg/9vkNPFQ or Telegram:
https://t.me/ParallelCoinPlan9