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[149.72.155.221]) by mx.google.com with ESMTPS id by17si11259758edb.369.2020.08.03.02.35.45 for (version=TLS1_2 cipher=ECDHE-ECDSA-AES128-GCM-SHA256 bits=128/128); Mon, 03 Aug 2020 02:35:47 -0700 (PDT) Received-SPF: pass (google.com: domain of bounces+11956423-4160-amr.gharbeia=gmail.com@abmail.serviceinfo.crypto.com designates 149.72.155.221 as permitted sender) client-ip=149.72.155.221; Authentication-Results: mx.google.com; dkim=pass header.i=@serviceinfo.crypto.com header.s=s1 header.b="Pq737/hT"; dkim=pass header.i=@sendgrid.info header.s=smtpapi header.b=kHTjfS87; spf=pass (google.com: domain of bounces+11956423-4160-amr.gharbeia=gmail.com@abmail.serviceinfo.crypto.com designates 149.72.155.221 as permitted sender) smtp.mailfrom="bounces+11956423-4160-amr.gharbeia=gmail.com@abmail.serviceinfo.crypto.com"; dmarc=pass (p=QUARANTINE sp=QUARANTINE dis=NONE) header.from=crypto.com DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=serviceinfo.crypto.com; h=content-type:from:mime-version:to:subject; s=s1; bh=JbJMmrW5d5jXYunhrp58Fd9r7LFn2MMTUICFSxc05Uc=; b=Pq737/hTvWBZo chYAu8ju96uHmx7tpKaONailxHjqoWFKrMt6cRSA3/B+8z5Xo+/y/oG1MsGQ5h0n G/0TvtSG6wYtXT+kTX53xnM/JwVHdy4+f2Xzl4brjRBLgPYmDRHh5XR6aVd+8Xcq Dj6a61eFSl/IBwmCpTH777aYlj9GgI= DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=sendgrid.info; h=content-type:from:mime-version:to:subject:x-feedback-id; s=smtpapi; bh=JbJMmrW5d5jXYunhrp58Fd9r7LFn2MMTUICFSxc05Uc=; b=kH TjfS87WkQ2uee0ywQTX6UGV2mLpa90Kg4MmdbSofIXBAJT25lsATcqeEjxDOB3Ai JugOT/JoncOL+Hsr1P/LBDyP4ciYzn5/iwIQ+Uivy4LAKcCt33Lay6wydJJqt2i/ VyQVkctjiTXc6uAATZl+1jJi3dLJ5PdpPmJvvM10A= Received: by filter0364p1iad2.sendgrid.net with SMTP id filter0364p1iad2-27178-5F27D943-21 2020-08-03 09:30:44.020634312 +0000 UTC m=+304040.402018915 Received: from MTE5NTY0MjM (unknown) by ismtpd0003p1iad1.sendgrid.net (SG) with HTTP id _ZpybuPSSGecU0EFifFWPA Mon, 03 Aug 2020 09:30:43.906 +0000 (UTC) Content-Type: multipart/alternative; boundary=7b3cc7d1a2ade692f35b9e3d4b4d1fba3eaec0fd6e74bade8a7a2a90ac63 Date: Mon, 03 Aug 2020 09:30:45 +0000 (UTC) From: "Crypto.com" Mime-Version: 1.0 To: amr.gharbeia@gmail.com Message-ID: <_ZpybuPSSGecU0EFifFWPA@ismtpd0003p1iad1.sendgrid.net> Subject: Important Announcement: MCO Swap X-SG-EID: uAiMzCbOubxWSgGJVQzaxzD0uVc9xpew8QWqxz6ZbmJcdu0XSv8KEm/P+y8ng6C/venND0cMln/jaO iCw9DeemXsaSWIyhdztLe2e3UjITPnl6BSipxGXsZ3fO/ZJgbHTy4mmESyB2penHNJZuES873mMz3y cCTZ9pzMXbe5pbBr4dpcvk5Tg5yKe4gSmqB96vzb9c568ISZQnm/snhji8X7YPxviC/wTVjbwKVdGH IAsPppdm29Mnrum5N2hjl5 X-SG-ID: dXNuuxiaeVPHPf1dZH02eMYe0zT2V3lzMuOdEtoLOS6Bj8gTC+sppxjUKxqdamGXcjLsP1tw0Ud5dg CjZSdZQpWIFiis/nQS9R03B0oYD4eP9hUdBFkpOMYh0ZZsxZMERoYsBNqCYm9YCpXMgzL/wcsg4M1D Esh375HwJOK5wWxwUQsfvQn1sP8kEog/xQeDDRKh71ylDNby5HwAmDMZZRjluUwvsgNlAnasNzfOi7 Gz8fJXOKZtwrCm3TLqlOzc+/TnwMeyiG9UVFgpZuPPm6hLO3qJcz8GCx+865YdOecxUfEk07/B4q1C xbFclS2VQhRxKW7NdjkZnd8W0sW+NxAe46/xFNwoI3KEDrDmEf3HJBZinSgfQ06SNp6KZvqLZJ0dyT ND25oKtgEwEQw5za+eoptkg+E3aze+D6sQpc4rS472KK/vhB3IlNnS76zV/Gu1qsG/kkFumc0p0EFK 5w== X-Feedback-ID: 11956423:lAJgyfvjDtwVU7Wini6e+86h2z2kxr+2jrtZsXhT2Xc=:lAJgyfvjDtwVU7Wini6e+86h2z2kxr+2jrtZsXhT2Xc=:SG X-getmail-retrieved-from-mailbox: [Gmail]/All Mail X-GMAIL-LABELS: "\\Important" "\\Inbox" X-GMAIL-THRID: 1673996373257429002 X-GMAIL-MSGID: 1673996373257429002 --7b3cc7d1a2ade692f35b9e3d4b4d1fba3eaec0fd6e74bade8a7a2a90ac63 Content-Transfer-Encoding: quoted-printable Content-Type: text/plain; charset=UTF-8 Mime-Version: 1.0 In order to maximise the benefits arising from increasing use of blockchain technology, streamline our operations and leverage the advanced capabilities of the Crypto.com Chain, we are implementing the MCO Swap Program. The process for swapping your MCO, and the terms and conditions that apply to this process, are set out below. Please read this announcement carefully. Action is required before 2 Nov 2020 at 23:59 UTC, or you will lose the functionality currently associated with your MCO. We will not perform the MCO swap on your behalf and the swap will not happen automatically.[1] What is the MCO Swap Program? ----------------------------- At its core, MCO is a blockchain-based transferable representation of attributed functions of the Smart Contract System. There will be no change to this core functionality, but we are expanding MCO functionality and representing it in a new way. Specifically, the MCO Swap Program will involve combining the current functionalities of MCO, with CRO=E2=80=99s utility and technology, in a =E2=80=9Cone stop shop=E2=80=9D token to enable a streamli= ned Crypto.com ecosystem. The swap program will also serve to leverage the advanced capabilities of the Crypto.com Chain, in preparation of its upcoming mainnet launch. Once the swap process is complete: * The Crypto.com ecosystem will use one streamlined token (CRO) with the combined functionality, rather than two separate tokens (CRO and MCO). * All functions currently attributed to MCO will still exist and will be preserved, but will be enhanced and represented by CRO. * MCO that is not swapped will still exist and circulate on the Ethereum blockchain as ERC-20 tokens, but Crypto.com will no longer support these tokens and no Crypto.com service or product will require or permit usage of these tokens. What do I need to do? --------------------- Between 3 Aug 2020 at 06:00 UTC and 2 Nov 2020 at 23:59 UTC, MCO holders can swap MCO through the Crypto.com App. The Crypto.com App will handle all technical requirements involved during the MCO swap process. To complete the swap process, simply: * Log in to the Crypto.com App * Follow all the on-screen instructions, which should take approximately 2 to 3 minutes to complete. You must complete this process by 2 Nov 2020 at 23:59 UTC. Please plan ahead and ensure you leave enough time in case of any internet or system issues. At the completion of the MCO swap process, your MCO will be swapped for CRO in the Crypto.com App. See below if you do not have a Crypto.com account or if your MCO is currently staked or held elsewhere. Fraud Prevention Warning Completing the MCO swap process through the Crypto.com App is the only method for swapping your MCO. You may receive notifications from persons impersonating Crypto.com, or you may see posts online from persons claiming to represent Crypto.com. For example, these notifications and posts may request that you send MCO to a particular wallet in order to complete the swap process. If you receive such requests, do not send any MCO to any wallet, do not reply to any such notification or post, and please notify us immediately at contact@crypto.com. What is the swap formula? ------------------------- Crypto.com will use the following formula based on the volume weighted average price as expressed in United States dollars (=E2=80=9CVWAP=E2=80=9D) to determine the number of CRO allocated to you th= at reflects each swapped MCO: 1 MCO =3D (30-day VWAP of MCO / 30-day VWAP of CRO) x 1 CRO (30 days between 4 Jul 2020 to 2 Aug 2020, both dates inclusive) MCO to CRO Swap Rate Please note that based on the swap formula above, the swap rate of MCO to CRO is fixed at: 1 MCO =3D 27.6439 CRO Are there any bonuses? ---------------------- Crypto.com will offer an Early Swap Bonus in CRO if the MCO swap is performed before 2 Sep 2020 23:59 UTC, based on the following formula and criteria: Early Swap Bonus Value The participant will receive an Early Swap Bonus, that is equivalent to 20% of the amount swapped at the MCO to CRO Swap Rate. Distribution The Early Swap Bonus will be distributed on the Crypto.com Exchange and Staked for 6 months. If the participant has not yet registered for a Crypto.com Exchange account, the Early Swap Bonus will be held on the participant=E2=80=99s behalf and will be credited upon successful registration. If the Exchange is not available in the participant=E2=80=99s jurisdiction, the Early Swap Bonus will be put on a 3 month Earn deposit in the Crypto.com App. Validity Perform the MCO to CRO Swap between 3 Aug 2020 at 06:00 UTC and 2 Sep 2020 at 23:59 UTC MCO to CRO Swap Rate, including Early Swap Bonus: 1 MCO =3D 33.1726 CRO What if my MCO is staked? ------------------------- You can swap all your staked MCO to CRO. The remaining number of days on your MCO stake will be preserved on the resulting CRO Stake. Simply follow the Crypto.com App=E2=80=99s on-screen instructions in order to swap your staked MCO. At the completion of the MCO swap process, your staked MCO will be swapped for staked CRO at the MCO to CRO Swap Rate (see formula above) (the CRO Swapped Amount) in the Crypto.com App. Your staking benefits will remain unchanged and you will continue to enjoy the same benefits as before the swap. Following the swap, if you are eligible to unstake and choose to unstake your CRO, the CRO Swapped Amount will be returned to your CRO Wallet. What if my MCO is held on an exchange or external wallet? --------------------------------------------------------- If your MCO is held outside of the Crypto.com App, including on the Crypto.com Exchange, you must transfer it into the Crypto.com App in order to complete the MCO swap process. For details of transfers, please refer to the Crypto.com App User Guide=20 ( http://ablink.serviceinfo.crypto.com/ls/click?upn=3Dh3xW1fHX5LrofpDruvFgK= rxEQwM5Mxnp3PSovPNJwFRP-2FDkPzaV3P8-2FHI0ohlsHHG-2B2d0Qp8hV-2FbJ5MYtk-2BK1a= BSA-2BvE3O5c1D8UFmGfunJiSAgk9a5ZaJdQOejOqQu2DpVS_eLT8YkmmcwkZz9JX6XuiV43pz5= fIlrC-2FtRliC-2ByFNPKOvxIiA-2BwJMro-2BavnRdk4mXulvtwTVz4Wl4PtZvgtxcyVKEooCa= hBA-2FNShDdMcmoVYHi46gfIEdTLFp8dcTfTDiVgTfmKCZihr3gzlJi9nuy9Vzuz0D4-2BlGU1P= GvfecaaY7poALHg0JsyRBAol-2FRwyoOM83FalBiO35biQ-2FiSBqsZYRWWiHHMwW4t4nX6A8nM= LjMtB6s8qEcZasg1VCHtYcb68l3nYuS0yUE49mCowhWswHZoxZmLAWdhPReTRjvDzoRBafUyC8n= WVtWhBq1sfCYV1-2BgrDr7vWArXSOu9RB0tHUFEjIuu1Uo0pBIDB-2F62f3hc68mp1e-2F6h1Fz= B5UcLh8iLKZmrcaIaJz6o8uLtH3BcNru-2BcmkhCgCs9ZLczHbT-2BYwsApRjMlKsxwwLALP937= 8cAIG7Vdyg-2FKI-2FaHpKQzmUgjfYIfOPHOw-2B7YIFf2sab9EdKPLlHkT3BZjT87r3NuLez5Q= 9gNkaOTkU4oGqj9uU22dj-2B1Yc92uuUDaQcoMW2rH-2B0rkfkqcX470vgEvN0LLqq5ufKgjEOp= vJ8iC-2FzA7W5LFGfNRDxpLcG6C5WapL-2BWo-2F8i9ztBag1Uk3ixLxmJfKcqYapIIKBltDuZE= LzWAU2iChHVxBdnrAXnLU0pP2iOu3T01h2M5TW6KRk-2F82 ) . What if I don=E2=80=99t have a Crypto.com account? ------------------------------------------ Compliance is very important to us. Accordingly, you must register for a Crypto.com account=20 ( http://ablink.serviceinfo.crypto.com/ls/click?upn=3Dh3xW1fHX5LrofpDruvFgK= nuOPR253EGlXpCU4pSzLNx-2FzqVYBWicdNrxfXlgTE3dqv3a_eLT8YkmmcwkZz9JX6XuiV43pz= 5fIlrC-2FtRliC-2ByFNPKOvxIiA-2BwJMro-2BavnRdk4mXulvtwTVz4Wl4PtZvgtxcyVKEooC= ahBA-2FNShDdMcmoVYHi46gfIEdTLFp8dcTfTDiVgTfmKCZihr3gzlJi9nuy9Vzuz0D4-2BlGU1= PGvfecaaY7poALHg0JsyRBAol-2FRwyoOM83FalBiO35biQ-2FiSBqsZYRWWiHHMwW4t4nX6A8n= MLjMtB6s8qEcZasg1VCHtYcb68l3nYuS0yUE49mCowhWswHZoxZmLAWdhPReTRjvDzoRBafUyC8= nWVtWhBq1sfCYV1-2BgrDr7vWArXSOu9RB0tHUFEjIuu1Uo0pBIDB-2F62f3hc68mp1e-2F6h1F= zB5UcLh8iLKZmrcaIaJz6o8uLtH3BcNru-2BcmkhCgCs9ZLczHbT-2BYwsApRjMlKsxwwLALP93= 78cAIG7Vdyg-2FKI-2FaHpKQzmUgjfYIfOPHOw-2B7YIFf2sab9EdKPLlHkT3BZjT87r3NuLez5= Q9gNkaOTkU4oGqj8mwjrTO6Lt11KlXr3hGqjssdonDETeQI9C1z0dW3nhPfhD28ySr7OBxyrxk7= j-2Fep5qEoaJVpDzeVCOCp-2BhxVjgiIOfDSk2V-2B03kzJ-2FlmraV-2BjpmjumVAlVUUfj3gM= LNBSynVLwaqdaAxI4ywxJhnsy1hEw4zWPn0PXXxxTOEON0 ) and complete your Identification Verification or KYC (Know Your Customer)=20 ( http://ablink.serviceinfo.crypto.com/ls/click?upn=3Dh3xW1fHX5LrofpDruvFgK= rxEQwM5Mxnp3PSovPNJwFQyr177Jp-2F-2FjjdD5KkeqIAoGojZep4NKQEqSxQyFce1dVsBPisQ= I-2BCr3GsezIGvTqM-3Dk503_eLT8YkmmcwkZz9JX6XuiV43pz5fIlrC-2FtRliC-2ByFNPKOvx= IiA-2BwJMro-2BavnRdk4mXulvtwTVz4Wl4PtZvgtxcyVKEooCahBA-2FNShDdMcmoVYHi46gfI= EdTLFp8dcTfTDiVgTfmKCZihr3gzlJi9nuy9Vzuz0D4-2BlGU1PGvfecaaY7poALHg0JsyRBAol= -2FRwyoOM83FalBiO35biQ-2FiSBqsZYRWWiHHMwW4t4nX6A8nMLjMtB6s8qEcZasg1VCHtYcb6= 8l3nYuS0yUE49mCowhWswHZoxZmLAWdhPReTRjvDzoRBafUyC8nWVtWhBq1sfCYV1-2BgrDr7vW= ArXSOu9RB0tHUFEjIuu1Uo0pBIDB-2F62f3hc68mp1e-2F6h1FzB5UcLh8iLKZmrcaIaJz6o8uL= tH3BcNru-2BcmkhCgCs9ZLczHbT-2BYwsApRjMlKsxwwLALP9378cAIG7Vdyg-2FKI-2FaHpKQz= mUgjfYIfOPHOw-2B7YIFf2sab9EdKPLlHkT3BZjT87r3NuLez5Q9gNkaOTkU4oGqj3-2FxyBM2S= -2FJ992Fdt7peIOSsYx1Gt6KENWYAFxfGY5lUrnszvHNVs0iKqBAQ359faDXgXpt-2FGwwUvGsp= m2hRjRmgb5PAQkPkYsHy3YZAgmHT5VZ2FFMgI-2Bwbrx5-2BibLj8qxd1P5rjLnV4CP4M8SUmj5= rU6GPRRWrruS2ck7vM3AS ) in order to participate in the swap process. What happens after the deadline? -------------------------------- If you have completed the swap, then you will receive CRO that represents all of the pre-swap MCO functionality (and much more). The swap program will finish on 2 Nov 2020 at 23:59 UTC. If you have not completed the swap process by then: * you will no longer be able to buy or sell MCO through the Crypto.com App and you will not be able to enjoy the MCO utility within the Crypto.com App as its utility will have been migrated to CRO; * you will only be able to withdraw any MCO you hold in the Crypto.com App will to an external address on the Ethereum network. No other functionality will be available from Crypto.com; What about other Crypto.com products? ------------------------------------- As a result of the MCO swap, the Crypto.com App Terms and Conditions, the terms of Crypto Earn, Crypto Credit, USD Fiat Wallet, MCO Visa Prepaid Card for Singapore, Europe and the United States have been updated. Any specific actions required by you with regard to these products which result from the MCO swap will be communicated to you via the Crypto.com App. What will be the new MCO Visa Card staking tiers? ------------------------------------------------- MCO staking for the MCO Visa Card will be replaced by the following CRO staking scheme. Tier MCO Staked CRO Staked Ruby 50 MCO 5,000 CRO Jade/Indigo 500 MCO 50,000 CRO Icy White/Rose Gold 5,000 MCO 500,000 CRO Obsidian Black 50,000 MCO 5,000,000 CRO We are here to help ------------------- If you have any questions regarding the MCO swap process, please refer to the FAQ ( http://ablink.serviceinfo.crypto.com/ls/click?upn=3Dh3xW= 1fHX5LrofpDruvFgKrxEQwM5Mxnp3PSovPNJwFREYmrlp1Cf-2FHwfr-2FxbtfOOU8Pu_eLT8Yk= mmcwkZz9JX6XuiV43pz5fIlrC-2FtRliC-2ByFNPKOvxIiA-2BwJMro-2BavnRdk4mXulvtwTVz= 4Wl4PtZvgtxcyVKEooCahBA-2FNShDdMcmoVYHi46gfIEdTLFp8dcTfTDiVgTfmKCZihr3gzlJi= 9nuy9Vzuz0D4-2BlGU1PGvfecaaY7poALHg0JsyRBAol-2FRwyoOM83FalBiO35biQ-2FiSBqsZ= YRWWiHHMwW4t4nX6A8nMLjMtB6s8qEcZasg1VCHtYcb68l3nYuS0yUE49mCowhWswHZoxZmLAWd= hPReTRjvDzoRBafUyC8nWVtWhBq1sfCYV1-2BgrDr7vWArXSOu9RB0tHUFEjIuu1Uo0pBIDB-2F= 62f3hc68mp1e-2F6h1FzB5UcLh8iLKZmrcaIaJz6o8uLtH3BcNru-2BcmkhCgCs9ZLczHbT-2BY= wsApRjMlKsxwwLALP9378cAIG7Vdyg-2FKI-2FaHpKQzmUgjfYIfOPHOw-2B7YIFf2sab9EdKPL= lHkT3BZjT87r3NuLez5Q9gNkaOTkU4oGqjwoYvO5jGsxIfp88F-2BrwMFmUEDY5zp8EHfiv3T4d= 6NKAJIay0dsRz6XterRwyiAbZ6Lx8kfmIWTCp47FVowhP6nfBf8UGbwuTavVvEddHo-2BjYG4Gl= -2BtnRfE6I4xjstB8WpLgf4tFC-2FN4p8QBohP42veKaMIb4srs7nj7nmvCKyiU ). With kind regards, The Crypto.com Team [1] With the exception that MCO used as collateral for Crypto Credit in the app will be automatically converted into CRO collateral at the end of the swap period. Crypto.com ( http://ablink.serviceinfo.crypto.com/ls/click?upn=3Dh3xW1fHX5L= rofpDruvFgKhq70sIoARtugWX3e2eABHI-3DtGuM_eLT8YkmmcwkZz9JX6XuiV43pz5fIlrC-2F= tRliC-2ByFNPKOvxIiA-2BwJMro-2BavnRdk4mXulvtwTVz4Wl4PtZvgtxcyVKEooCahBA-2FNS= hDdMcmoVYHi46gfIEdTLFp8dcTfTDiVgTfmKCZihr3gzlJi9nuy9Vzuz0D4-2BlGU1PGvfecaaY= 7poALHg0JsyRBAol-2FRwyoOM83FalBiO35biQ-2FiSBqsZYRWWiHHMwW4t4nX6A8nMLjMtB6s8= qEcZasg1VCHtYcb68l3nYuS0yUE49mCowhWswHZoxZmLAWdhPReTRjvDzoRBafUyC8nWVtWhBq1= sfCYV1-2BgrDr7vWArXSOu9RB0tHUFEjIuu1Uo0pBIDB-2F62f3hc68mp1e-2F6h1FzB5UcLh8i= LKZmrcaIaJz6o8uLtH3BcNru-2BcmkhCgCs9ZLczHbT-2BYwsApRjMlKsxwwLALP9378cAIG7Vd= yg-2FKI-2FaHpKQzmUgjfYIfOPHOw-2B7YIFf2sab9EdKPLlHkT3BZjT87r3NuLez5Q9gNkaOTk= U4oGqj2NXZluSdCsKLtzVqpPtbw9FmPz11JhnXEWL7D3gEc2x51EsSdKC-2FK9L2PoBI7gtDfuo= jAxc0cTamBnUldhZwu9aGwCgpS1430qtKhinrvHIOea-2F81HJQhsvj8yrven7FrTPRurmMtuXv= NdTCBpphtppqZjkMfin7fOCMtzhP1re ) Blog=20 ( http://ablink.serviceinfo.crypto.com/ls/click?upn=3Dh3xW1fHX5LrofpDruvFgK= 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3D""
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
3D"" =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=09=09 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=09=09 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=09
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09

In order to maximise the benefits arising from inc= reasing use of blockchain technology, streamline our operations and leverag= e the advanced capabilities of the Crypto.com Chain, we are implementing th= e MCO Swap Program.

The process for swapping your MCO, and the terms and c= onditions that apply to this process, are set out below.

Please read this announcement carefully. Ac= tion is required before 2 Nov 2020 at 23:59 UTC, or you will lose the f= unctionality currently associated with your MCO. We will not perform the MC= O swap on your behalf and the swap will not happen automatically.[1]

What is the MCO Swap Program?

At its core, MCO is a blockchain-based transferable re= presentation of attributed functions of the Smart Contract System.

There will be no change to this core functionality, bu= t we are expanding MCO functionality and representing it in a new w= ay. Specifically, the MCO Swap Program will involve combining the = current functionalities of MCO, with CRO=E2=80=99s utility and technology, = in a =E2=80=9Cone stop shop=E2=80=9D token to enable a streamlined Crypto.c= om ecosystem. The swap program will also serve to leverage the advanced cap= abilities of the Crypto.com Chain, in preparation of its upcoming mainnet l= aunch.

Once the swap process is complete:

  • The Crypto.com ecosystem will use one streamlined to= ken (CRO) with the combined functionality, rather than two separate tokens = (CRO and MCO).
  • All functions currently attributed to MCO will still= exist and will be preserved, but will be enhanced and represented by CRO.<= /li>
  • MCO that is not swapped will still exist and circula= te on the Ethereum blockchain as ERC-20 tokens, but Crypto.com will no long= er support these tokens and no Crypto.com service or product will require o= r permit usage of these tokens.

What do I need to do?

Between 3 Aug 2020 at 06:00 UTC and 2 Nov 2020 at 23:5= 9 UTC, MCO holders can swap MCO through the Crypto.com App.

The Crypto.com App will handle all technical requireme= nts involved during the MCO swap process. To complete the swap process, sim= ply:

  1. Log in to the Crypto.com App
  2. Follow all the on-screen instructions, which should = take approximately 2 to 3 minutes to complete.

You must complete this process by 2 Nov 2020 a= t 23:59 UTC. Please plan ahead and ensure you leave enough time in= case of any internet or system issues.

At the completion of the MCO swap process, your MCO wi= ll be swapped for CRO in the Crypto.com App. See below if you do no= t have a Crypto.com account or if your MCO is currently staked or held else= where.

Fraud Preven= tion Warning

Completing the MCO swap pr= ocess through the Crypto.com App is the only method for sw= apping your MCO.

You may receive notifications from persons imperson= ating Crypto.com, or you may see posts online from persons claiming to repr= esent Crypto.com. For example, these notifications and posts may request th= at you send MCO to a particular wallet in order to complete the swap proces= s.

If you receive such requests, do not send any MCO to any wallet, do not reply to any such n= otification or post, and please noti= fy us immediately at contact@crypto.com.

=C2=A0

What is the swap formula?

Crypto.com will use the following formula based on the= volume weighted average price as expressed in United States dollars (=E2= =80=9CVWAP=E2=80=9D) to determine the number of CRO alloca= ted to you that reflects each swapped MCO:

1 MCO =3D (30-day VWAP of MCO / 30-day VWAP of CRO) = x 1 CRO

(30 days between 4 Jul 2020 to 2 Aug 2020, both dat= es inclusive)

MCO to CRO S= wap Rate

Please note that based on the swap formula above, t= he swap rate of MCO to CRO is fixed at:

1 MCO =3D 27.6439 CRO


Are there any bonuses?

Crypto.com will offer an Early Swap Bonus in CRO if th= e MCO swap is performed before 2 Sep 2020 23:59 UTC, based on the following= formula and criteria:

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09 =
Early Swap Bonus
Value The participant will receive an Early Swap Bonus, that is equivalent to 20= % of the amount swapped at the MCO to CRO Swap Rate.
Distribution<= /td> The Early Swa= p Bonus will be distributed on the Crypto.com Exchange and Staked for 6 mon= ths.

If the participant has not yet registered for a Crypto.com Exch= ange account, the Early Swap Bonus will be held on the participant=E2=80=99= s behalf and will be credited upon successful registration.

If the E= xchange is not available in the participant=E2=80=99s jurisdiction, the Ear= ly Swap Bonus will be put on a 3 month Earn deposit in the Crypto.com App.<= /td>
Validity Perform the M= CO to CRO Swap between 3 Aug 2020 at 06:00 UTC and 2 Sep 2020 at 23:59 UTC<= /td>
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20

MCO to CRO S= wap Rate, including Early Swap Bonus:

1 MCO =3D 33.1726 CRO

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09
=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09

What if my MCO is staked?

You can swap all your staked MCO to CRO. The remaining= number of days on your MCO stake will be preserved on the resulting CRO St= ake.

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09

Simply follow the Crypto.com App=E2=80=99s on-screen i= nstructions in order to swap your staked MCO.

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09

At the completion of the MCO swap process, your staked= MCO will be swapped for staked CRO at the MCO to CRO Swap Rate (see= formula above) (the CRO Swapped Amount) in the Crypto.com= App. Your staking benefits will remain unchanged and you will continue to = enjoy the same benefits as before the swap.

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09

Following the swap, if you are eligible to unstake and= choose to unstake your CRO, the CRO Swapped Amount will be returned to you= r CRO Wallet.

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09

What if my MCO is held on an exchange or external wal= let?

If your MCO is held outside of the Crypto.com App, inc= luding on the Crypto.com Exchange, you must transfer it into the Cr= ypto.com App in order to complete the MCO swap process.

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09

For details of transfers, please refer to the Crypto.com App User = Guide.

=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09=09

What if I don=E2=80=99t have a Crypto.com account?

Compliance is very important to us. Accordingly, you = must register fo= r a Crypto.com account and complete your

Tier<= /strong> MCO S= taked CRO S= taked
Ruby 50 MCO 5,000 CRO
Jade/Indigo 500 MCO 50,000 CRO
Icy White/Ros= e Gold 5,000 MCO 500,000 CRO
Obsidian Blac= k 50,000 MCO 5,000,000 CRO=
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20

We are here to help

If you have any questions regarding the MCO swap proce= ss, please refer to the FAQ.

=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20
With k= ind regards,
The Crypto.com Team

=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20

[1] With the exception that MCO used as collateral for Crypto Cr= edit in the app will be automatically converted into CRO collateral at the = end of the swap period.

=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 = =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20
= =
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 = =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20
= =
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=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 = =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20
= =
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=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 = =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20
= =
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 = =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20
= =
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 = =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20
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=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 = =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20
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=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 = =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20 =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20= =20
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