Dear Community Members,
FCoin will open the function of withdrawing FT to external address by July 14th, 2018 (GMT+8).
It is important to note that once FT is withdrawn to a non-FCoin platform address, all the "hourly snapshots" will be missed during the withdrawal period, meaning that all the revenue distribution during this period will be missed.
Additional Information on the background of FT public chain plan:
As described in the previous announcement, the initial phase of FT will be based on the Ethereum ERC20. Considering that this does not meet our functional planning and technical requirements for FT in the future, we plan to switch to Zipper (ZIP)-based technology and network to release FT in the future, which is expected to be in the first quarter of 2019.
In other words, we will focus on building a public chain ecosystem based on FT+ZIP in the future, with the aim of making FT a powerful infrastructure for global digital assets and DApps ecosystem.
July 13, 2018