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The airdrop of Blocktrade tokens is almost here. The token release will be during Consensus 2018. Full launch of Blocktrade happens during the conference. Our company Token Magic was proud to have assisted this project during the ICO phase. Then the parity hack happened.
From the, "Dear Tokenholders" Post on Medium.
Couple of weeks after the crowdsale Parity Multisig wallets got hacked and a vast majority of the assets got frozen, including all of the tokens of the team. The event was devastating for us. In the face of total uncertainty, we decided to go all-in with our personal money to save Hedge. Everything we are developing is being financed by the team.
As you can imagine, we had to make some tough decisions including what our focus would be, what should be developed and what not, if we should be MiFID II regulated, how the token should be used, etc.
I believe the decisions that were made are the right ones, as we are building the fastest, fully MiFID II compliant, with highest levels of security, and great customer support crypto asset exchange.
Blocktrade Update from the CEO Luca Gubo.
What is Blocktrade?
Blocktrade.com is a top-tier trading facility for Crypto Assets, Crypto Traded Indices™, and other blockchain related Financial Instruments.
We bring blockchain-based technologies and crypto assets to a unified and connected marketplace. It is Swiss guarded with the highest security and integrity features, performance driven, high volume and market-depth that meets stringent statutory compliance. Blocktrade.com will bring you the sophistication and the simplicity you need, with institutional features at the palm of your hand.
What Am I Doing?
Hedge Token was one of my favorite projects. I was quite dismayed after the Parity wallet problem. So I just took my HDG tokens and put them away for safe keeping. Now I am thrilled that I did not sell my HDG. This rebrand to Blocktrade will be super beneficial for the community.
The result will be 10 Blocktrade tokens for every 1 Hedge Token held. I don't know the exact time of the Airdrop but it is supposed to happen within the next few weeks.
If You have HDG stuck on an exchange here is a guide to help you. Hedge Token Stuck on Exchange.
