Timeline for the Initiative
The initiative process breaks down into roughly 3 stages:
Pre-Claim Stage
We are working to save affected user balances for later validation, as well as determine if there is sufficient interest in the project. This is ongoing and every sign-up helps!
Exchange Stage
We bring the primary exchange online, and process full claims. Recovery starts through exchange trading fees and eventually gross trading revenue. The exchange platform is expected to launch within a few months.
Marketplace Stage
Once we have enough token holders, we bring in the first businesses from the wider community. After we have several initial businesses, the marketplace grows organically as more businesses sign up over time. This is approximately a year after launching the exchange.
Full recovery (all losses) is likely to take multiple years, anywhere from 2 to 25 years. An estimate of 10 years seems likely, however there are a lot of factors to consider.
If you'd like to participate, you can set up a pre-claim below for free.