TrueDeck Platform ERC-20 Token Smart-Contract Update Announcement

in #truedeck • 6 years ago

Due to some recent developments around "Token Security" issues, TrueDeck consulted with best legal advisors in this sector. And after a long discussion, we have decided to remove "Staking Utility" from TrueDeck Utility Token "TDP".

In some jurisdictions, rewarding token holder new tokens just to make them hold or stake it in their wallet and not making them perform any job, makes token a "financial instrument". Thus, TDP could have been considered as a security in some jurisdictions.

This is the reason, we are removing "Staking Utility" feature completely and have updated our Smart-Contract on Ethereum Mainnet on 4 Sep. 2018 0600 UTC.
New TDP Contract Address: 0x5b11aAcB6Bddb9ffab908FDCE739Bf4aed554327

If you have any question, please contact us at [email protected]

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#tdp #update #announcment
6 years ago in #truedeck by
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