Hello Everyone,
We are excited to announce that after months of hard work and dedication, we have secured a great deal with a top venture capital firm and restructured our operations.
This is a significant step that will help us speed up our token transition! Your belief in our project has been critical, and we couldn’t have done this without your support.
Here are the next steps for the transition (note that the timeline might change a bit, but we’ll keep you fully updated):
Announcing L1 Migration: We will officially announce the L1 that our project will be moving to - WHOOP WHOOP.
Unveiling New Token Design: We will reveal the new Token design, providing full details on the token supply, allocation structure, vesting periods, and more. Don’t worry, you won’t lose any value during this upgrade.
Pausing Staking Contract: In 24 hours, we will pause the staking contract and return the tokens to each wallet address, along with your accrued APY to date. This process is automated through the Smart Contract, so no action is needed from you - This a pivotal step towards the migration to the new token.
Rewarding Patience and Trust: To thank you for your patience during this transition, we will take a snapshot of all currently staked wallet addresses. These wallets will be rewarded with bonus tokens when we launch our new token.
Upcoming Competition: We are getting ready to announce a big, exciting new Crunch focusing on a new area of Machine Learning. Prep up that ram, hang on to your keyboard, that’s going to be epic!
Wrapping up the payouts: We are waiting for our second rally winners’ community call on June 19th before sending out all the payouts, including both Rally and Legacy rewards. As you can imagine, this is at the top our priority list.
Additionally, we are happy to share - Datacrunch’s Data Migration Proposal to the platform V2 - in two parts on our forum. Part one is the proposal itself, and Part two is a first breakdown of the last Data Crunch Rally. Please check the links below:
Part 1 - Data Migration Proposal: DataCrunch Proposal 2024/06/14
Part 2 - Data Crunch Rally Breakdown: DataCrunch Proposal 2024/06/14
TL;DR: Vote here on our latest proposal: Snapshot
This is just the beginning of an incredible journey that we will navigate together. Stay tuned for updates as we quickly grow and take this project to new heights!
Let’s celebrate these major milestones - CRUNCH IS BACK BABBBBYYYY!