【2020/03/14】Announcement

Thank you for always supporting the Crypto Harbor Project.
 
 
The content of this announcement is as follows.

1. Report on DEX app development status

2. Release of new white paper

3. Efforts to improve the value of CHE / CHEX

4. About Delist

5. New Alliance Schedule

6. Dapps game development

7. Strengthening Marketing in India

8. Various schedules

 
 

1. Report on DEX app development status

We have started developing an Apple version of the app.
The programming is scheduled to be completed in early April.
Future schedule will be reported separately.
 
 

2. Release of new white paper

We were aiming for this week’s release, but translation is taking a long time
The 0.5 version of English, Japanese and Korean versions will be released next weekend.
In this announcement, we will tell you only the main points.
 

A) Business model transformation

We change the business model from an exchange business model (transaction fees) to a mainly social lending business model.
We plan to shift to time deposits and sales of memberships (not securities).
The first product will be announced next week.
 

b) Dapps game development

We will start planning and developing Dapps game “Fairy Derby”.
We make CHE available in the game, and the used CHE burns / locks up regularly.
Details of the game will be described later.
 
 

3. Efforts to improve the value of CHE / CHEX

a. Countermeasures against price increase

・ Review of lockup & mining course
Current
90-day course lockup 10 million CHE or more Dividend rate 80% Return rate 150%
60-day course Lockup 1,000,000 CHE or more Dividend rate 60% Return rate 130%
30 day course Lockup 100,000 CHE or more Dividend rate 40% Return rate 110%
 
We will change above to following.
 
New
120-day course lockup 20 million CHEs or more Dividend rate 90% Return rate 160%
90-day course lockup 12 million CHE or more Dividend rate 70% Return rate 140%
60-day course Lockup 1.2 million CHE or more Dividend rate 50% Return rate 120%
30-day course Lockup 110,000 CHE or more Dividend rate 35% Return rate 110%

 
All lock-ups will be released once during maintenance on April 1.
 
In the future, we will gradually increase the number of lockups required.
 
We have obtained about 7 billion CHEs owned by former Japan Management team. This is all outside Crypto Harbor.
・ April 1 06:00-12:00 GMT
Maintenance will be performed and the CHE version will be upgraded.
Because CHE did not have a burn function, modify the program and add a burn / mint function.
The CHE on the exchange will not be affected, but the contract ID will be changed and will not be compatible with the previous CHE.
Please note that you cannot exchange for CHE outside Crypto Harbor after April 1st.
The total number of CHEs is expected to be between 30 and 35 billion.
 

b. Number of CHEX issued

Initially, CHEX was planning to issue 18 billion copies, but we will reduce the number of issues to 9 billion.
 
The roles of CHE and CHEX will be positioned as follows.
CHE
Currency for mining CHEX
Use as currency inside CHE
 
CHEX
Right to Crypt Harbor dividend
 
 

4. About Delist

・ May 1 00: 00-12: 00GMT Maintenance and delisting will be implemented.
Please withdraw all coins on the transaction board / wallet by April 30.
Please note that delisted coins cannot be returned.
 
・ The following currencies remain on the exchange
BTC / ETH / XRP / CHE / CHEX / AMU / USDT
 
 

5. New Alliance Schedule

At present, talks with US banks have not progressed due to the effects of the coronavirus.
We hope you have some time.
 
 

6.Dapps game development

We will start planning and developing a Dapps game “Fairy Derby” that allows users to participate in the game as a horse owner.
[Current plan contents]
This is a game in which characters are trained in mini-games and compete in derby
There are jockeys and horses as character types, and jockeys and horses compete in sets.
The race will be conducted in the form of 4 relays
Users will participate in 8 characters = (jockey + horse) x 4 in one team.
The game manages and writes experience values of horses and jockeys on the ERC721 token.
For this reason, it is assumed that team participation will be more important than participation alone.
Those who do not participate in the race will be able to purchase a voting ticket so that they can expect and enjoy the race results.
(You can enjoy the forecast of the race all over the world.)
The sale format of the character is planned to be a stock linked Dutch auction and a sale format in the character gacha.
Apart from the gacha that can be drawn with BTC and ETH, there are also special characters that can only be drawn with CHE.
 
Game details and schedule will be announced separately.
 
The image of the character will be released in the next announcement.
 
 

7. Strengthening business in India

In the future, we are considering expanding our Indian users.
・ In response to a request from an EC site in India, we have begun considering e-money (eINDR) that can be used for payment on the EC site.
Along with this, a field survey was started with the aim of opening a branch in Delhi as a base in India.
We will also be attending a conference in Delhi this summer.
 
 

8. Various schedules

We are considering organizing and releasing future schedules.
Please wait a moment.