1. Exchange Listing & Token Unlock

The Token Unlock is rescheduled from the end of May to ‘before the first listing on an exchange’.

The reasons for Token Unlock timeline change are as follows:

1) When the token is unlocked, any exchanges may Iist YEED token on their platform.

2) It was determined that a safer market is more appropriate to unlock than the current unstable market situation.

Once the token is unlocked, any exchanges would be able to list YEED token. In such case, it will become difficult for us to control all situation, and even more difficult to predict potential risks derived from it. For YEED to be listed on an exchange is such a grateful opportunity, since it would mean that YGGDRASH project is being acknowledged. However, if YEED token is listed on an exchange that had not established a healthy ecosystem, we thought that the damage will affect our YGGDRASH supporters for the most.

For example, unexpected situations such as exchange system errors, deposit/withdrawal delays, LP, Market Maker appearances, etc. may occur from being listed on unspecific exchanges. YGGDRASH Team strongly believes that these situations will ultimately lower the overall value of YGGDRASH project. Furthermore, the team does not want the occurred issues to relay on to our dear supporters who have been with us from the very beginning. It is also recognized that many of you in the community also would not want the token to be listed in an exchange with such problems.

Moreover, the current unstable situation in the cryptocurrency market had a big influence on our decision making and delay in the announcement; the value of YGGDRASH must not be devaluated due to the current market trend. The team also acknowledges the fact that the wait on this unstable market to improve has been quite tiresome. Therefore, all members of YGGDRASH are working diligently to establish the best outcomes as possible. A grand task such as getting listed on an exchange is a crucial step to prepare the future which will be revolutionized through YGGDRASH. So, please, kindly understand that the team has no other choice but to be careful to prevent risks that may be caused by a moment’s wrong decision. Not for long, but YGGDRASH Team needs little more time to find the right timing to execute. One thing that the team can promise is that it will not be long.

Once again, YGGDRASH Team sincerely apologizes for the change in the schedule, and ask for your strong support to create a powerful and clean community for YGGDRASH project to get listed on the exchanges that everyone is longing for. YGGDRASH Team will do the best to not let you down, if you can give us little more support to achieve our goal.