“It was the best of times, it was the worst of times ~ A tale of two cities”
Dear Eden Community,
Thank you for your patience and support in the project. Since we revealed the Edenchain project to the public in March 2018, the Eden community had grown from 2,000 to 23,000. We are truly grateful for all your support and contributions to the Eden platform.
The much awaited token unlock will occur on 16 September 2018!
The original procedure was to distribute 100% of EDN tokens on 16 September, with 20% unlocking automatically at each interval.
We have decided to change that process slightly as it might cause confusion among the community as to why some tokens cannot be transferred in their wallets (e.g. user has 100 EDN tokens but faces an error when he tries to transfer 30 EDN tokens on 18 September 2018 because 80% of his tokens are still locked).
The new distribution method will be as follow:
1. We will begin token distribution for the first 20% tokens that each user is to receive. This process may take up to 24 hours depending on availability of the Ethereum network.
2. The first 20% of the tokens will be unlocked on 16th September 2018, at 11pm Pacific Time. (you will receive your tokens at least an hour before unlock time)
3. In subsequent distributions, users will need to send an ‘unlock token’ transaction to a second smart contract written by Edenchain, to receive their 2nd, 3rd, 4th, and 5th distributions. (We will provide more detailed instructions on this later)
To be clear, all users will only receive 20% of the total tokens that they should be receiving (bonuses if any, will be vested over 5 months as well).
Here at Eden, our end goal is to be the most adopted project in blockchain and our team is fully committed in helping us fulfil this potential. The markets could be extremely turbulent in the short term but we truly believe that a real diamond like Eden will shine in the end.
I believe you, our dear community members will stand by us (like you have always done), as we build towards an Eden-inspired, interconnected, blockchain world!
I give you my word that my team and I will do all we can to ensure the success of Edenchain.