Important Update: ECT & CST Conversion Schedule Dear EgonCoin | Eagle Network Announcement

Important Update:
ECT & CST Conversion Schedule

Dear EgonCoin Community,

We hope this message finds you well. We have an important update regarding the conversion of ECT and CST to EgonCoin, which we believe is in the best interest of our community and the long-term success of our project.

1). Conversion Schedule Extension:
As you know, our regular practice has been to convert ECT and CST to EgonCoin once every month based on a certain percentage. However, we are now very close to achieving a significant milestone: listing EgonCoin on a top exchange. This is an exciting development that has the potential to greatly enhance the value and utility of EgonCoin, but it requires careful adherence to certain conditions and recommendations from our VC investors and the exchange.

2). Why the Change:
To ensure we do not break our agreement with our VC investors and to align with the top CEX exchange's recommendations, we need to pause all claims and extend the conversion timeline by 6 months. This extension will provide us with the necessary time to complete the final steps required for listing EgonCoin on the top exchange without compromising any agreements or causing market instability.
Note that this option was also articulated before the initial CEX listing according to previous announcements.

3). New Conversion Plan:
- Pause Duration: All ECT and CST conversions to EgonCoin will be paused for the next 6 months.

4). 100% Conversion:
After this 6 months period, all remaining CST and ECT tokens will be converted completely.
This means that holders will be able to claim 100% from balance starting from December 2024.

5). Resumption Date:
Conversions will resume after the 6-month pause, ensuring a smooth and complete transition for all token holders from December 2024.

6). Top CEX Listing Requirements:
One of the requirements for Top CEX listing is the Conversion Pause as given above so that the project can move forward for a better market presence.

7). Support Is Needed!:
We understand that this slight update may come as a surprise, and we appreciate your patience and understanding as we take these necessary steps to secure a brighter future for EgonCoin. We are confident that this decision will ultimately benefit our entire community and position EgonCoin for greater success.

Thank you for your continued support and trust in EgonCoin. Together, we are building a stronger and more prosperous future.

United by Blockchain, Driven by Community!


The EgonCoin Team