November 5th is the end of the merge payouts. There were going to be defferent chains dedicated to different task such as DNS, Voting and a couple more. At time it was thought to merge those projects into bts chain. In order to to do this, investors in those other chains were given a percentage of bts that vest over 2 years. Similiar to Steam Power, the last of those vezt payouts will occur on the 5th.
You are viewing a single comment's thread from:
As someone who was around in BTS during the merger I am aware that the vesting payouts would all be completed by Nov 5th, but are you sure that DNS and Vote are splitting to a different chain? That part I have not heard.
The merger was to keep them from being seperate chains.
It should because you will not have this new daily supply added for people to sell.
Thanks for the info! i wonder if that will affect the price positivly