OKOIN Changes the Date Token Enters Exchanges + Bounty Campaign 2.0
On May 23, 2018, VR technology company officially announced the listing of token on exchanges is postponed.
”Certain difficulties arose when listing the token on exchanges. The point is, the 18+ industry is considered by representatives of trading platforms equivalent to the industry of weapons, drugs and other forbidden content, which imposes a number of restrictions and additional checks. We hired professional lawyers to deal with this situation, and within 1–2 week time, we plan to list the token on exchanges in the regular mode.”
—
Roman Pavlovich, CEO VR Technology
The management of VR technology also stated there are only a few people panicked: the majority of OKOIN holders expect long-term work with the project, and therefore1–2 weeks for them does not matter at all.
Token holders that react negatively usually are those who are waiting for trading on exchanges to sell all tokens and earn in a short term.
To protect investors against stock market speculation, VR Technology announced the plan to spend 50% of its profit on the buyback of tokens. Moreover, all unsold tokens during the ICO were “burned”, which would also positively affect the rate on the exchange and the liquidity of coins in the future.
Bounty campaign 2.0
Starting from April 25 and before the launch of OKO system in a regular operation mode a new bounty campaign is active in the OKOIN project (Bounty 2.0). Key terms:
Start: April 25, 2018. End: September 1, 2018.
Number of tokens rewarded: 300 000 OKOIN.
Age limit: 18 years of age or older.
The new campaign has the same reporting principles as the previous one. Payments on reports from April 25 will be done under new conditions. Payments of the first bounty campaign will be proceeded on September 1, and of the Bounty 2.0 campaign will be done not later than December 31, 2018.
Moreover, all unsold tokens during the ICO were “burned”, which would also positively affect the exchange rate and liquidity of coins in the future.
Terms and conditions of the Bounty campaign 2.0. are quite similar to the Bounty 1.0 ones. Current formats:
a) Signature on the forum Bitcointalk
b) Posting on Twitter
c) Posting on Facebook
d) Being active in Telegram
Terms and conditions of the campaign as well as the number of rewards are listed on the BTT
thread.
I've given a look at the bounty page but I didn't see differences compared to the Bounty 1.0 campaign. Moreover, the spreadsheet is still the onle of the Bounty 1.0 and it has never been updated. Not in one and a half months. So is the Bounty 2.0 for real? Finally, it is not clear if a member of the Bounty 1.0 has to subscribe again to the Bounty 2.0 campaign. All in all, not a very transparent operation.
