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Scallop (SCLP) Rebranding to E Money Network (EMYC)
Scallop is streamlining its focus and mission towards leveraging blockchain technology, and we are excited to introduce E Money Network.
Why the name E Money Network?
The decision to change our project's name from Scallop to E Money Network wasn't just about finding a new title. It was a recognition that our platform had grown beyond its original purpose. It had become a complex network, connecting different parts of the digital world.
The existing $SCLP token will transition from $SCLP to $EMYC. All $SCLP tokens will be transitioned and converted with a 1:1 ratio with $EMYC.
official announcement
- https://blog.emoney.io/announcements/introducing-e-money-network-leading-the-way-with-modular-rwa-protocol