The Skycoin project (https://www.skycoin.net/) filed a petition to CoinMarketCap with a request to remove the SKY ticker from the Scopuly project from the coin lists. They complain that they used to launch their SKY token before Scopuly.
On many large external exchanges, the SKY ticker was also busy for example / BTC_SKY, ETH_SKY and so on … The conflict of ticker names creates serious problems when promoting a token on the foreign market and causes confusion. These turned out to be significant barriers to the promotion of SKY in the foreign market.
Since the SKY name conflicts with some projects that started long before Scopuly in the external ecosystem, but there are no problems with the name conflict in the Stellar ecosystem, we decided not to destroy the SKY token and give the asset the right to life, to make the SKY token a loyalty token in the internal ecosystem Scopuly.
Scopuly will reward its users with the SKY token for certain marketing activities to attract attention to the project. And also encourage the application and testing of the platform, in the form of bonuses for all new users who decide to experience decentralized financial services.
After IEO completes the new SCOP token, we will make a SCOP / SKY offer on the SDEX market and all SKY holders, if they wish, can exchange their SKYs for the platform SCOP token. We will announce when this can be done.
We will maintain the popularity of the SKY token and its value so that all holders can extract the expected growth rate of the asset if desired.
