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      VIDT Datalink (VIDT) Token Swap, Redenomination & Rebranding Plan

      After a recent 84% community vote in favour of the suggested improvements, VIDT is decentralizing its structure and governance to become VIDT DAO through the launch of a new Smart Contract and a new token.
      The validation technology will become open source and will be available to all developers who would like to secure the authenticity of their data and documents.

      From now on your VIDT tokens can be swapped to the new and improved VIDT DAO tokens at a 1 : 10 ratio using the instructions below.

      With the additional tokens, sufficient room is created for future marketing, listing/deposit fees and liquidity providers. Furthermore, a DAO controlled Incubator Treasury holding the extra, not circulating, tokens will support further community driven adoption of the VIDT technology; a major milestone in the ability to mainstream web3 validation solutions.

      What you need to know

      • Both the old and new tokens will co-exist for a while. The old tokens are destroyed when they are upgraded and the new tokens are released by the swap contract.
      • All trading and all VIDT functionality will shift to use the new token. There is no urgency to update, but after a while, once the rest of the community has moved on to the new token, the only thing you can do with the old tokens is update.
      • The old token will be renamed to VIDT DAO, and the new token will inherit the $VIDT ticker.
      • Note that wallets and exchanges may not use the new name or show the new token immediately. For a while, they may still show the old token as VIDT, and may not display the new token at all.
      • Don't transfer the new VIDT tokens to an exchange unless you're sure the exchange supports the new token. Test with a very small deposit first.

      How can you tell the difference between old and new tokens?

      The best way is to check the token contract addresses:

      OLD:
      VIDT BEP20 old

      0x3f515f0a8e93f2e2f891ceeb3db4e62e202d7110

      VIDT ERC20 old

      0xfeF4185594457050cC9c23980d301908FE057Bb1

      NEW:
      VIDT DAO BEP20 new

      0x9c4a515cd72D27A4710571Aca94858a53D9278D5

      VIDT DAO ERC20 new

      0x3BE7bF1A5F23BD8336787D0289B70602f1940875

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