Convert EMONT to EMON

EMONT to EMON Conversion

Ethermon has an existing token known as EMONT created before the project underwent a rebrand from Etheremon to Ethermon. EMONT was created in 2017, pre-dating the ERC721 standards that now dominate.
In anticipation of the project’s expansion, the difficulty to obtain EMONT was increased.
The only way to earn EMONT was by grinding the game modes on the 2D platform. At the time of writing, the circulating supply was approximately 2% (Total Supply = 20,000,000 EMONT).
To proceed into the future with EMON as the backbone utility token, players that hold the legacy EMONT tokens must convert them into EMON. This process will begin after a token generation event, allowing legacy holders to claim their share of the EMON allocation.
A Snapshot for determining these legacy holdings was taken on April 19, 2021, and will be used to assign the claiming amounts to those who qualify.

Distribution to existing Ethermon Community*

The Ethermon Universe has been around since 2017, making it one of the original NFT projects in the space. Without the support from our loyal community, we would not be where we are today. Because of this, an allocation has been assigned for those individuals who supported the growth of the ecosystem through their continual engagement. We’re happy to share with the community that we will be allocating a portion of our new token supply to the following:
Total Community Token Allocation 1.5% of Total Supply: 6 million EMON
Eligibility criteria
Date of snapshot
*All Mon Holders (excluding form-1 free starter)
April 19, 2021
META Owners with a Bonus allocation to deployed on land
April 19, 2021
Off-chain EMONT Holders: Automatic Upgrade to on-chain EMON (1:4 ratio)
April 19, 2021
On-chain conversion for on-chain EMONT Holders (1:4 ratio)
N/A
The Snapshot for determining the off-chain legacy holdings has been taken on April 19, 2021, and will be used to assign the claiming amounts to those who qualify. To facilitate a transition, the questing system (main method for farming EMONT in the past) will be temporarily closed from the Snapshot until some time after the TGE event. Any farmed EMONT post snapshot will not be accounted for in the EMON conversion process.
*Distribution of tokens to Mon holders that owned Mons after the Snapshot will be at the sole discretion of Ethermon, and subject to regulations and statutory requirements imposed by players country of Citizenship.
Last modified 4mo ago