Postponement of Monthly Airdrop

An Urgent Decision Made in Response to the GRAM Token Incident

GRAM Ecosystem
2 min readNov 29, 2023

Due to the $GRAM issue that occurred on November 16th around 18:00 UTC, we had no other choice but to postpone the monthly airdrop for our NFT holders. We expect to distribute December’s airdrop on the 15th instead of the 1st, based on the snapshot taken on the 1st.

We apologize for the delay and are diligently working to resolve this issue before our next update scheduled on December 14th.

Check out our previous announcements on the $GRAM issue below:

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Nov 29th 05:10 UTC: 4th follow-up on the issue

Today, I would like to provide you with an update on our recovery plan. The negotiation is still ongoing; however, we are committed to resolving the issue by December 14th. Therefore, we would like to share a rough timeline to transparently communicate our plan with our holders, who have patiently waited and shown trust in us even during this challenging situation.

As mentioned in the previous announcement, our target date for resolution is December 14th to avoid any disruption to our next scheduled update. Hence, our initial step is to resume DEX trading by the 2nd week of December. Once the transaction is restored, we will activate our buyback plan without any prior notice; however, the details will be shared after the buyback is completed.

We are delicately planning out the rewarding plan for initial holders and hope to share the details with you before then. We want to assure you that we are advocating on behalf of our holders, and we will keep you updated on the progress. We highly appreciate your patience as we navigate through this challenging time.

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GRAM Ecosystem
GRAM Ecosystem

Written by GRAM Ecosystem

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