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RE: Nimiq FAQ

in #nimiq • 7 years ago

Hi Team Nimiq,

Can you explain exactly what the process will be for converting NET to NIMIQ?

Here's my scenario: I have x number of NET in EtherDelta.

How will these be converted to NIMIQ?
Will you be providing a wallet in which we send out NET to and then you do the conversion?

I just hope that this doesn't come unannounced and that we have to go back to market to convert NET to NIMIQ as you state that 10 NET = 1 NIMIQ.

If you can respond, that would be appreciated.

Thanks

7 years ago in #nimiq by
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     7 years ago  

    I answered you in the other post. But to leave another answer here:
    You won't have to go to market again. When you hold NET you hold potential NIM from the Nimiq Blockchain. We will provide an easy-to-use Web tool where you will be able to send your NET and receive the private information for a wallet. When we launch the Mainnet NIM will be automatically created in your wallet.

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       7 years ago  

      Cheers Guys, wish I had an office in Costa Rica. Sounds fun.

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