💥 Big News from Kardiachain $KAI 💥
KAI just announced that their ERC-20 to mainnet token swap will be completed by end of March. This announcement came with the warning
“From 9th April 2021, all KAI ERC20 will be paused and untransferable. Any exchange that do not support KAI native tokens will be forced to do so, otherwise their users will NOT be able to withdraw/deposit their KAI.”
In a telegram conversation 1 week ago on March 2nd. Huy Nguyen the CTO of Kardiachain was asked the following by a user:
“[But if mass adoption is the goal, most people will not want to do technical stuff. Just like how osomeone said above, I think this swapping thing needs to end soon.]”
Huy Nguyen responded:
“Nice suggestion. Indeed we are at ~90% token swap completed. We are analyzing data to decide whether to auto swap the rest. There is actually no clear advantage/disadvantage of either options yet.”
So on March 2nd there is no clear advantage to forcing the swap to finish and then 8 days later now there is?
What could have happened in those 8 days? Well for one Kardiachain is adding BNB (Binance) to its next dual-node!! And for two, the community has been clamouring for a T1 exchange listing which the CTO himself recently said became more of a priority because of community demand.
T1 exchanges hate dealing with tokens that have 2 versions. They dont want to accept ERC-20 versions and convert themselves. If your community demanded a T1 listening and you had a token that wasnt fully swapped yet what would you do first????
FORCE THE FINISHING OF THE SWAP🤯🤯🤯
After April 7th 2021 the coast will be clear for a T1 like Binance to list Kardiachain!! I’m going to buy it now before that T1 explosion pump happens!!
#leofinance #crypto #kardiachain #kai #investing #opportunity #binance