Dear community users,
Regrouping & referendum plan on GU project are now announced as follows:
The GU project currently holds 75654269.5934435 FT in total. Since there was no substantial progress made by the project party itself, this part of FT has been frozen by the FCoin platform to protect the interests of GU holders and FT community.
The original total supply of GU is 10 billion GU, and the current actual issuance is 2 billion. We will destroy 8 billion unissued parts first.
Led and initiated by the FCoin platform, the GU project will be regrouped into the FT Eco-Fund. All FTs held by the GU project will become the capital for external investment. The token name (and also the token symbol) is intended to be changed from GU to FFUND.
Due to the close relationship between the FT Eco-Fund and the FT community, the FT Eco-Fund will authorize the FT Community to be its top manager, and the FT Eco-Fund's major decisions must be approved by the voting of FT community before taking effect.
FT Eco-Fund intends to introduce professional investment institutions such as Consensus Lab as management partners responsible for the specific implementation of project exploration and investment behavior.
FFUND is the sole interest representative of the FT Eco-Fund. The future benefits of the FT Eco-Fund will be allocated to the FFUND holders, the specific allocation method will subject to the future plan adopted by the community.
The regrouping plan must be approved by the voting of all GU holders before taking effect. FCoin will launch the regrouping plan referendum at 16:00 on May 22, 2019 (GMT+8), based on the snapshot at 0:00 on May 22, 2019 (GMT+8).
May 22, 2019