SUFB Tokens moving from Steem-Engine to Hive-Engine

in #hive5 years ago (edited)

Crypto Class Action "Sue Facebook" Tokens moving to Hive

Due to the 20 March 2020 hard-fork (split) of the Steem blockchain into Steem and Hive, with most of the community and developers moving to Hive, JPB Liberty has decided to move the SUFB Tokens from the Steem-Engine platform to the Hive-Engine platform in order to ensure the security and future operability of the SUFB Token.

SUFB token holders on Steem-Engine will be airdropped SUFB Tokens on the Hive-Engine platform (https://hive-engine.com/) 1 for 1 for every SUFB Token you held on Steem-Engine on 12 March 2020 (there has been little or no change in SUFB Token ownership since then).

The new Hive-Engine SUFB tokens will henceforth be valid for claiming a share of the litigation proceeds (damages, settlement etc) in the Crypto Class Action and as of 15 May 2020 the old Steem-Engine SUFB tokens will cease to be valid.

Once you receive your new Hive-Engine SUFB Tokens we recommend, to avoid any confusion, that you send your old Steem-Engine SUFB Tokens to @null to destroy them.

We have amended the Litigation Funding Agreement for the Crypto Class Action to implement this change in clause 18.9 and the definition of SUFB Token in section 22.

  1. New clause 18.9:
    (SUFB Token platform change from Steem to Hive) You agree that any SUFB Tokens held by you on the Steem-Engine platform (“Old SUFB Tokens”) on 12 March 2020 will be replaced by the same number of new SUFB Tokens issued by JPB Liberty on the Hive-Engine platform https://hive-engine.com/ (“New SUFB Tokens”) and that you will make no claim for a share of Litigation Proceeds using Old SUFB Tokens. You and JPB Liberty agree that from 15 May 2020, the term SUFB Tokens in this Agreement shall only refer to New SUFB Tokens.

  2. Replacement of word “Steem” with “Hive” and insertion of words "subject to clause 18.9” in definition of SUFB Token in section 22.

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Oops, i bought some SUFB only a few days ago via steem-engine.

I'll issue you the same amount on Hive-Engine as a one off.

Hive-Engine SUFB tokens have now been issued to accounts which held 5 or more SUFB tokens on Steem-Engine on 12 March 2020.
Remaining 60 or so accounts with 4 or less SUFB tokens will have their Hive-Engine SUFB tokens issued over the next week or so.

Thanks for your hard work on both the class action law suit and the token migration