Migration Committee Community Update #1

[Pingitore]

1. Do I have to swap my NEM (XEM) hodlings in the Nanowallet? Howto?
2. Do I have to swap my NEM (XEM) hodlings in the Paperwallet? Howto?

[Migration_Committee]

Instructions will be forthcoming, it is not a swap but an allocation.

[meyns]

When can we expect the next update?

[cyprusking01]

Okay, so there is only 1 snapshot that matters. The way it was written that wasn’t obvious and it sounded like the opt-in could literally occur at any point after the fork. In that case I agree you cannot game this since there is no possibility to make a claim later.

No that isn’t right. If you have an account with some xem in it at the fork block, but did not opt in in time, you can still come back and claim the catapult tokens, because your account had a certain balance at the block height.

If instead of opting in, you send those tokens to another account after the block height, that new account won’t have a valid claim on catapult tokens, but the original account still would.

It’s the state of accounts at the fork block that matters, not what happens before or after it. Anyone who had xem at the fork block height, has a valid claim to the amount of xem they had at that point in time. When users make that claim is completely up to them.

[eddy]

Migration Committee Community Update #10

[IMG_0168] This is a joint message for our community on behalf of the Symbol Migration Group, comprised of The NEM Foundation, NEM Studios, NEM Ventures, and Tech Bureau Holdings. Translations: Japanese: Here. Spanish: Here. Mandarin: Here. Italian: Here. Russian: Here. Project Overview Launch Date Targeting Q1 2020 [image] What has been done to date: 02-07-2019 Migration Committee set up 15- 09-2019 Initial proposal posted 02-10-2019 Tokenomics drafted Oct 2019 FC Releas…

[meyns]

If you optin after the snapshot only the amount on that account at the snapshot counts. You can do wathever you want after the snapshot, but the amount on your account at the snapshot count. So if your account sends or recieves the coins after the snapshot, it doesnt count because the amount at the snapshot counts

[rareskyfive]

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