FOOK update:
Yes. It will be a new and improved token for which we are developing a new token contract which better meets our use case requirements.
Holders of FOOK, FOOK Five and FOOK Zero can exchange their tokens for the new token before launch of the new token. It does not matter which one you hold now or how market will react to this news. We have taken snapshots of market data and will use a historical market price point to weigh the three tokens for migration. Most likely, we will use the opening market prices of the three tokens on October 12th - the day previous developer announced leaving the project.
The historical prices as mentioned above will only be used to calculate the token ratio's for migration.
The new token will have a launch price, let's say for example it will be $0,25 which is also the historical price point used for FOOK.
- 1 FOOK will get you 1 new token.
- 1 FOOK FIVE would get you 0,079 / 0,25 = 0.32 new token
- 1 FOOK ZERO would get you 0,085 / 0,25 = 0.34 new token
The above is just example. This is not finalized yet.
