CRPT and CHO Token Merge
Choise.ai is on the brink of a monumental event: the upcoming merge of the CRPT and CHO tokens. This significant milestone marks a pivotal moment for both CRPT and CHO token holders in our journey.
Merge of the Tokens: What's Behind the Decision?
- Expansion Beyond a Retail Crypto Bank: We've grown from being just a retail crypto bank into a vast ecosystem that actively develops both B2C and B2B businesses.
- Unequal Benefits for Token Holders: Despite our growth, CRPT token holders have not received the same benefits that CHO token holders currently enjoy and will continue to receive in the future.
- Unified Token Advantages: The merged token will combine the strengths of both CRPT and CHO, creating a single, exemplary token integral to all aspects of our ecosystem's development. This unification will enable us to centralize our efforts, streamline operations, and enhance efficiency. The combined token will attract new exchange listings, simplify market support activities, and consolidate liquidity. By focusing all efforts on a single token, we can work more effectively toward our goals.
The Merge Process: Centralized Token Swap
The merge of CRPT and CHO tokens will soon be executed through a centralized swap, where CRPT tokens will be exchanged for CHO tokens. This process will be fully supported by Choise.ai, ensuring the interests of all parties.
Key points:
- The Choise.com App will serve as the primary platform for the swap. We will provide a fixed exchange rate of 1 CRPT = 1.05 CHO, based on the average rate of both tokens over the past 6 months. Users will have a six-month period to exchange their CRPT tokens for CHO, with additional bonuses for our most loyal CRPT holders.
- The centralized one-time swap from CRPT to CHO will also take place on supported exchanges. After the swap CRPT ticker on exchanges will be changed to CHO.
