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In late December, DropDeck.io technologies were acquired by PIN Community in order to combine two partiesâ resources and strengths in technology, product development, and community building, and create significant synergy between our roadmaps. For more details, please refer to:
https://medium.com/dropdeck/applying-dropdeck-io-technologies-on-pin-platform-aee1dfe34d2a
At the same time, PIN Community presents a unique opportunity for DDD holders to convert DDD into another token of high utility and valueâââPIN.
In order to eligible for the conversion from DDD to PIN, you have to register an account through this link dedicated towards this initiative:
https://my.pincoin.io/dashboard/auth/signup/CONVERTDDD
Overview on converting DDD to PIN:
- The conversion from DDD to PIN will take place when PIN is valued at a reasonably high price of $1.5.
- The conversion rate is 1 DDD = 0.0125Â PIN.
- Supporters receive a further 10% bonus when converting DDD to PIN.
- You will need to register an account dedicated to DDD conversion/refund through this link and deposit your DDD tokens to a wallet dedicated to the conversion.
- You will receive PIN tokens according to a schedule, during PIN Communityâs Crowdsale when PIN is valued at $1.5, with more privileges than tokens purchased during their Crowdsale.
- While tokens purchased during their Crowdsale are locked from transfer and withdrawal, your converted tokens will not be locked, can be freely transferred on PIN Communityâs internal exchange, and can be withdrawn to freely trade on public exchanges at least one month after their Crowdsale ends (one month after February 12, 2018).
Schedule of converting DDD to PIN:
- Starting from January 12, 2018 at 00:00 GMT: DDD holders can start depositing their DDD tokens to a wallet dedicated to the conversion.
- Starting from January 22, 2018 at 00:00 GMT: PIN tokens will be distributed to your PIN wallet according to the aforementioned conversion rate, plus the bonus.
Instructions on converting DDD to PIN:
- Register on PIN Portal through the link dedicated to conversion from DDD to PIN
- After 00:00 (GMT) on January 12th, 2018, go to https://my.pincoin.io and log in to find âDDD Exchangeâ on the left menu.
- Here you can monitor the amount of PIN you have obtained through conversion. You can also use the calculator to estimate in advance how many PIN tokens you can receive.
- Copy the wallet address dedicated to your DDD-to-PIN conversion.
- Go to MyEtherWallet.com and load your wallet. Send all DDD in your wallet to the copied wallet address dedicated to your DDD-to-PIN conversion. Enter the required text into the âDataâ field. Generate and deploy the transaction.
- At least after 00:00 GMT on January 22, 2018, PIN tokens will be distributed to your PIN wallet when you log in on my.pincoin.io.
Why should you convert DDD to PIN?
- Assume you purchased DDD at 1 ETH = 16,000 DDD when 1 ETH = $400. That means DDD =Â $0.025.
- Even though you will receive PIN when PIN = $1.5, as soon as the Crowdsale of PIN Community ends on February 13, 2018, PIN = $2.5, so 1 DDD = 0.0125 PIN = $0.03125.
- Once you can trade PIN on the internal and public exchanges in February, you can earn more than you have contributed before.
- If you believe in the future and value of PIN, it's your choice to hold PIN until a later time. Note that this post does not constitute any investment advices.
Why and How do you convert DDD to PIN? was originally published in DropDeck on Medium, where people are continuing the conversation by highlighting and responding to this story.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.