Quanta Update QNTU Price Fixing and Swap/Stake Extension

Updated May 6, 2020 | Published May 5, 2020
[1 min read]
QNTU has released its latest update, informing investors and consumers on QNTU Price Fixing and Swap/Stake Extension. The company officially halting all QNTU token action on exchanges on May 1, 2020, preparing for the launch of the new QNTX token.
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Blockchain lottery platform Quanta’s QNTX token is worth $1.02 and it will be exchanged at a rate of 20,000 QNTU for 1 QNTX once trading resumes, the company explained. The pause will give Quanta the necessary time it needs to carry out royalty payments to eligible token holders and optimise the swapping process.

The project will restore trading mechanisms on September 1, 2020. The token swap and staking feature has also been extended through May 31. The company invites everyone interested to make sure to apply no later than the stated deadline.

Finally, Quanta urged the community to continue participating and help “rebuild” the project in its latest iteration.

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CGN senior journalist 

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