Hoo Labs first project COCOS project is completed on 8th July. The COCOS future token is distributed and listed.
Hoo will take a snapshot of COCOS future token on 12:00 11th July (UTC+8). TCOCOS will be distributed to COCOS future token at 1 : 1 ratio. TCOCOS/USDT will open on 11th July 15:00 (UTC+8).
What is TCOCOS?
TCOCOS is the Put option of COCOS. Owner of TCOCOS can sell the corresponding amount of COCOS token back to Hoo at the price of 0.0054 USDT from 12:00 9th Sep to 12:00 16th Sep (UTC+8).
At the above time period 12:00 9th Sep to 12:00 16th Sep (UTC+8), user can submit the application to conduct the TCOCOS put option. 1COCOS+ 1TCOCOS= 0.0054 USDT. Hoo will check the application and transfer the corresponding USDT to user account.
- After conducting TCOCOS option, USDT will be directly transferred into user wallet account.
- TCOCOS is only be used within the period 12:00 9th Sep to 12:00 16th Sep (UTC+8). TCOCOS will not be used after this period.
- TCOCOS application can only be submitted for one time. Users are not allowed to submit a second TCOCOS conducting application.
- If you hold COCOS future token and COCOS current token, Both tokens can be used to submit the application.
COCOS project may change its token releasing plan. Hoo will adjust the rules about COCOS and TCOCOS thereafter. Please be noticed about Hoo latest announcement.
9th July 2019