After the L-Dimension (LDS) resonance was turned on, LDS received a lot of attention and attracted many participants to participate in resonance. It broke through 6000 LTC within 1 hour of turning on the resonance, and reached 9453.96 LTC within 24 hours, and the heat was extremely hot. After the publication of the L-Dimension (LDS) Resonance Trading Rules (Second Revision), we received a lot of feedback from the community. Many of the users did not understand why LDS requires a lock mechanism as a resonance project, and other projects intentionally Smear the LDS, deliberately turn off the resonance before reaching the soft top, and modify the resonance rules. In response, we will respond as follows:
1. Does the official deliberately close the resonance before reaching the soft top to delay the launch?
The LDS received a lot of attention within 24 hours of starting resonance. We have no reason to postpone the launch through such inferior means. On the contrary, we have received a number of trading platform announcements, and we are also docking existing well-known first-line trading platforms. At the same time, we will resolutely counterattack the smearing of LDS by other project parties or trading platforms.
2. Why do you need to lock the warehouse? Why is there no description of the lockout in the first revision?
L-Dimension (LDS) is a new resonance + trading platform project, which is different from the past resonance. In the past, many projects have broken and run after short-term operation. It is precisely because in the past many project parties lacked a deep understanding and management in the project economic model, future development, and profit model. This has led to a large number of projects breaking more than 90% in the past two years, and even projects directly return to zero. As an innovative project, L-Dimension (LDS) combines the advantages of trading platform and resonance. In the L-Dimension (LDS) Resonance Trading Rules (First Revision), we have retained L-Dimension ( LDS) The right to modify the development route of the project. Properly correcting the irrationality of the existing project economic model is the greatest guarantee for the interests of investors.
3. What are the future advantages of the lockout mechanism? Is there a corresponding reference?
The lock-in mechanism is not to reduce the amount of user chips, the purpose is to achieve long-term positive trend by reducing short-term chip circulation. In the past, we have also been in contact with a large number of project parties, a large number of project parties through the rat warehouse, a large number of external selling chips, extra gifts in large quantities of cheap chips. This led to the breaking of the project and the long-term decline. L-Dimension (LDS) is more concerned about the long-term interests and development of the community. The lock-in mechanism will raise the price of the currency from the side and delay the release, which will facilitate the long-term slow release.
In the past high-quality projects, whether it is IEO or private placement, most of them have corresponding lock-in mechanism. For example, the recent excellent projects ATOM, TT, Ludos and other projects have corresponding locks.
4. LDS online trading date and recharge cash withdrawal?
L-Dimension (LDS) will be officially opened for recharge and withdrawal at 16:00 (UTC+8) on May 18, 2019. After the end of the dormant period, the resonance will start normally at 20:00 on May 19, and will be launched on the well-known trading platform before May 24.
5. Is the updated mechanism cancelled? Subsequent resonance development
The updated L-Dimension (LDS) resonance rule will not be canceled and will be executed. At the same time, we will still retain the right to modify the project development route and economic model.
Subsequent resonances will be carried out as scheduled in accordance with the L-Dimension (LDS) Resonance Trading Rules (Second Revision), and we will increase our efforts to reach a consensus with more media and communities.
LDS recharge, withdrawal arrangement
Due to the resonance dormancy, the remaining unresonant completion portion of this resonance will be destroyed, and the soft top is automatically reached by default.
Officially open recharge and withdrawal at 16:00 on May 18, 2019
The development of the blockchain industry is changing rapidly. In order to cope with market changes and future industry development, and to prevent some malicious users from disrupting existing distribution rules through unfair competition such as technical means, the platform will retain the right to modify the development route and allocation rules of LDS projects. The platform has the right to make appropriate adjustments to the existing development routes to maximize the community rights and the healthy development of the community. We will publicize the release and distribution of the fund pool to ensure the basic rights and interests of the community. The LDS tokens used in the LDS ecological development process will also be released regularly.
The blockchain industry is still in the early stage of exploration and development, and there are high risks in the digital currency field, which has greater volatility than traditional assets. Users are familiar with the basic knowledge and risks of digital currency when investing. BitCola will also continue to explore and provide users with more quality projects and encryption assets. Thank you for your support and trust.
May 17, 2019