1. Initially FTs are being released based on ERC20. Since currently FTs are released according to the "Trans-Fee Mining " mechanism daily and only the FTs released via this mechanism are put into circulation and holders of these said FTs are entitled to receive revenue distribution, hence the initially released FTs via ERC20 will be the "mined"/already circulated FTs.
Concrete timing of settlement:
(1) Prior to June 6th 2018, FCoin will allow the critical function of withdrawing FTs and transferring them to FCoin addresses.
(2) Before end of June 2018, we will open up the function of withdrawing FTs and transferring them to addresses external to the platform.
2.In consideration of the fact that FTs released via ERC20 can not satisfy what we expect FT's future functionality planning and technical requirements, we plan to use Zipper（ZIP） technology and network to release FTs. Concretely, we estimate this event to occur in the first quarter of 2019. When the time comes,we will give ample notice before announcing publicly our method of "projection " to ensure a smooth transition.