Dear community users,
Please see the update on asset restructuring of GU project:
1. As of disclosure date of this announcement, many rounds of negotiations went on well between GU project team with Some Content application project team. Initial agreement was reached on the cooperation program, and more details on operation will be discussed later.
2. The scope of cooperation covers all aspects, including business, resources, technology, capital, operation and team members’ composition.
3. The project team is composed of technical experts and industry experts of blockchain area with rich industry resources, strong technical background and influence, which shall complementarity and strategic fit with Guten.
4. Due to the complexity of the cooperation plan between the two parties, which involves the significant development of this project, furthermore, the other party hasn’t showed or publicized on FCoin yet, we will disclose more details after finalizing details, for fairness and protecting the interests of investors. Guten project has decided to apply for the continued suspension of GU/USDT trading pair and promised to announce further progress in the restructuring within 15 days of the continued suspension.
GU Project Team