Author Topic: Opt-in Launch Date Announced for NEM Based Symbol (Read 1969 times)

VeryWellDone · « **on:** August 27, 2020, 12:27:11 PM »

Opt-in for NEM based Symbol has been announced. The opt-in will be starting from September 15th. Earlier, the launch was scheduled for September 7th, but it was decided to delay the opt-in by another eight days to allow for testing and UX/UI improvement.

Details of the Opt-in
Opt-in is a technique that can be used by current XEM holders at the point of Snapshot to claim XYM tokens they have. This is the method in place prior to Symbol’s scheduled new chain launch in December.

However, it is necessary to comprehend and accept all the terms and conditions mentioned on the website. These terms and conditions are also part of the opt-in process. These terms and conditions and the opt-in website pages will be going live on September 15th.

XEM Balance and Tokens
It is worth mentioning here that at the point of Snapshot, XYM equivalent of your XEM balance will get allocated into your wallet. In addition, holders will be allowed to opt-in and claim their XYM tokens for a maximum of six years after the launch, and exact details of how this can be done will be shared in some time.

What you can opt-in?
Using NEM desktop and mobile wallet it will be possible to opt-in from September 15th into the following:

Single accounts that can include harvesting keys and namespaces.

Multi-signature accounts that can include harvesting keys and namespaces. But iOS will not be available at the moment due to its centralized approval procedure.

Source

Altcoins Talks - Cryptocurrency Forum · « **on:** August 27, 2020, 12:27:11 PM »

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Rollinginthedeep · « **Reply #1 on:** August 27, 2020, 12:38:05 PM »

is this a legit coindrop by NEM?

KKH84 · « **Reply #2 on:** August 27, 2020, 01:08:35 PM »

I have some XEM coins in my android wallet and this is great news for XEM coin holders, although I don't know how much XYM coins will cost once they are released on the exchange.

bigcash2011 · « **Reply #3 on:** August 27, 2020, 03:37:03 PM »

Nem is a high quality project but is long under rated may be due to a lot of competitors and bigger coins but their new product symbol has been getting good attention and i am sure it will be a successful product because it is com8ng from a reputed team with massive experience.

Gurjasmeet Singh · « **Reply #4 on:** August 27, 2020, 09:00:27 PM »

It's right, opt-inLaunch date Announced for NEM based symbol. I see the date of launched in September month. It is good signal for us,due to strongest coin.but we can't judgement before this launching.after the launching we can read what types of projects business & how can it will be successful & profitable to the investors.