In recent months, we have been working intensively on the realignment of
our platform in order to position ourselves for the future. Our goal is
not to remain stuck in the status quo, but to actively move forward.
That’s why we recently sent out emails to inform you about crucial
changes that are of great importance for your funds and your future.
After five years of joint development, we have realized that our previous
business model has not achieved the desired results. However, the
resistance and challenges we have faced have motivated us to become
stronger and more determined. We would like to summarize here our plan
for a decentralized future, especially the short-term steps that need to
be taken now.
Future on a decentralized level
We have decided to build a decentralized platform, which means that
Trillant will no longer exist in its current form. This step is
necessary to meet the new demands of the market and to give our users
more control over their assets. In order to make this transition smooth,
a number of important steps need to be taken:
1. KYC (Know Your Customer): A KYC process must be
carried out. Without this, we cannot carry out any transactions with
your investments. This process ensures that assets go to the
appropriately identified user so that they can participate in the new
decentralized structure.
2. Token Swap: A new token is created specifically for
the decentralized structure. As soon as the KYC is activated, the token
swap can be carried out. You will find a new button in your back office
that leads to a page with updated terms and conditions. It is important
to read these carefully and complete the relevant steps.
3. Transfer back all values: All investments previously
stored on external platforms such as Coinstore or XT can be transferred
back to the back office. The UX has been instructed to swap the
corresponding assets that are stored at our partner company Unique
Exchange. This ensures a smooth swap of all assets.
Deadlines for migration
Please note the following deadlines: Until October 15,
all assets can be transferred back to the Trillant back office to enable
the migration. A fee of $49 will be charged to the new
foundation for the token swap. After October 30th, a
snapshot will be taken of all investments that exist in the back office
at that time and the Trillant account will be deleted. On
November 15, the token swap will be performed based on
the investments recorded at the time of migration.
Advantages of the new decentralized system
With this new decentralized concept, you will have complete control over
your tokens. There will no longer be any dependency on a back office,
which means that you can manage your assets yourself at any time without
the need for third parties to intervene. This system opens up many new
possibilities, including listing the new token on an exchange.
A key element of our new model is the click-to-earn
system, which will attract a large community of users. This
system will allow users to earn tokens through simple interactions with
the platform. This will create a vibrant community that is not only
interested in using the token, but also actively contributes to the
distribution and awareness of our system. A large community means more
engagement, more usage and ultimately a stronger market position for our
new token.
Solutions for our store partners
We have also developed solutions for our current store partners:
a) Return of assets to customers: All payout requests
will be canceled and go back to the Trillando store back office. All
assets that have not yet been converted into goods or services and only
the Trillon has been transferred should be returned to the customers.
This ensures that customers receive their investments back and can bring
them into the new structure.
b) Account migration for token swap: Shop partners who
still have funds in their accounts have two options: They can either
transfer the assets to their private Trillant account or agree to the
migration and receive a token swap as part of the migration. This
flexibility is crucial to ensure that all partners are optimally
integrated into the new system.
The future belongs to the community
The time has now come for the CEO to step down and pave the way for
decentralized development. With the transformation to the open,
decentralized network based on blockchain technology, the Trillant
platform is also going offline. This is therefore a leap forward because
it makes room for the community. The way is clear for the decentralized
level!
We would like to thank you for your support over the past five
years.
With best regards
Your TRILLANT Team