Dear WWX Community,
The management of Wowoo X Technology has come to a decision to commence a WWX Token Swap from the current NEP-5 protocol to the ERC-20 protocol. This decision was made based on market demand and regulatory study. Due to the lack of transaction monitoring systems for NEP-5 tokens, there is a high possibility that NEP-5 tokens can not be listed on any regulated exchanges. We believe doing this swap will enable better liquidity, enhanced flexibility, and expanding interoperability of WWX’s ecosystem to Ethereum. The NEP-5 WWX token will be sent to a burn address and will no longer be usable.
The WWX Token Swap will start on 1st September 2019, and be available until 31st August 2020. One NEP-5 WWX token will swap to one ERC-20 WWX token (1:1 ratio to 18 decimal places). A Token Swap website will be developed for WWX holders to perform the WWX Token Swap process at no cost to the NEP-5 WWX holders. There will not be any changes made to the total number of WWX tokens previously issued or token economics. More details of WWX Token Swap will be released soon, please stay tuned for further information.
We appreciate your patience and continued support! For further inquiries, please contact us at email@example.com
Wowoo X Technology