Time flies fast! It’s been almost a month since our third quarter report and we feel like it zipped by us. As always we have been busy building for you, the community, and investors alike.
As we have mentioned on the last update, we will be distributing your COIN tokens soon, on November 6 to be exact. There are several exciting things that will happen almost simultaneously with the token distribution. First, we are launching our Coinvest wallet on November 5th and will release social announcements accordingly. While many investors have already provided their wallet address, we encourage you to create a new wallet at wallet.coinve.st to further support your investment and the Coinvest ecosystem. From there, update your distribution wallet address on Republic here. For your assistance, here is a quick YouTube tutorial on how to create a Coinvest Wallet.
Existing MyEtherWallet and MyCrypto Users
The Coinvest wallet includes full migration support for existing MyEtherWallet (MEW) and MyCrypto wallets. Instead of creating a new wallet, existing MEW and MyCrypto users can log into Coinvest directly using your current private key. Thus, retaining your current wallet address within Coinvest. The Coinvest wallet will display all of your previous assets after adding them using the “add custom tokens” process. If you elect to migrate, you do not need to create a new Coinvest wallet nor update your wallet address on Republic.
If you are satisfied with keeping your tokens in your Coinvest wallet to let your investment grow, then no further action is needed, but we will be releasing our other flagship products within the quarter, so we recommend you stay tuned to check them out.
Second, please be aware that we are launching our Coinvest and Coinvest Plus platforms this month. As a reminder and per the DPA agreement, Republic tokens are locked within a year of investment so you legally obligated to keep, not transfer or exchange your COIN until 06/15/2019.
In the meantime, look forward to more exciting announcements during the month such as the inclusion of trade functionality in Coinvest, the launch of Coinvest Plus, and the open of pre-orders for the Coinvest Vault. As always, thank you for your continued support.