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$LAUNCHCOIN's original design didn't anticipate the long-term needs of the Believe ecosystem. $BELIEVE was created from the ground up to support and advance our ecosystem.
We expect to hold the majority of the $LAUNCHCOIN supply by the end of the upgrade period. Once it concludes, we will sell this supply and allocate the proceeds to strengthen the Believe ecosystem.
The process will take place in two phases. The recommended upgrade period will remain open until October 29, during which $LAUNCHCOIN can be swapped for $BELIEVE.
If you're still holding $LAUNCHCOIN at the end of the upgrade period, you will still be able to claim $BELIEVE during the final claim period via our website. The final claim period will remain open until November 12.
Complete details on how the flywheel works will be shared at the end of the upgrade period.
