Hi Coin team!

Please join us on the HODLVERSE Discord at https://bit.ly/hodlverse

Upon joining, claim your role on the: 🎯︱claim-role channel and also select $COIN Holder. From there, you’ll be granted a Coin holder role and have access to a dedicated channel and discussions for Coin holders.

If you haven’t already, please view our update from last week here: https://t.me/CoinAnnouncements/380

We are still executing our BizDev activities to execute our fundraising strategies as well as engineering for the network. We’ve also started building a 1st person view for the gaming experience and will provide a demo next week. Please join us and see you in Discord!

Hi Coinvestors! Here’s an update for the past week and a half since our last update!

COIN
=============================================

We’ve troubleshot and created a specific wallet build for users experiencing the SafeERC20 low-level error when attempting to claim their staking rewards.

To use this build:
- Create a new Chrome browser profile
- Load the attached build using the “Developer Mode”
- Unzip the attached file in the link below
- Click on the “Extensions” icon in the Chrome browser (top right at the end of the address bar) and select “Manage Extensions” or click on the 3 dots (top right at the end of the address bar) and choose “Settings” from the drop-down menu and finally “Extensions” from the settings page
- Click on the “Developer mode” slider (in the top left) to enable developer mode in the browser.
- Click the “Load unpacked” button (top right) in the browser (after Developer Mode is enabled).
- Browse to (and select) the folder that contains the unzipped directory/files from step (a).

Users will be required to import their seed phrase into the updated wallet once the above steps have been performed. Once the user assets have loaded, you will need to claim their staking rewards using the new wallet build. If you have any questions or exhibit any issues during this process, please open a support ticket for assistance.

https://drive.google.com/file/d/1WUpp3TnNgN-QepTiawz3XoPIBd8SfmAg/view?usp=sharing


Upcoming Ethereum Merge
There is no action that needs to be taken by users of the Coin Wallet related to the ETH (or other assets) they are holding in their wallets as a result of the merging of the mainnet and beacon networks. The new beacon network is currently running in parallel with mainnet and has been running consensus algorithms against mainnet for some time now. Additionally, all testnets are currently running on the beacon proof-of-stake network. This means user funds will be safe and no transaction history will be lost during this transition.


HODLVERSE
=============================================

We worked to add multiple user viewing options to the overall HODLVERSE experience. Users now have the option of the following:
- 3D Isometric
- 3D Isometric zoom
- 3D FIrst person

View a demo here.
https://youtu.be/iifMHzgOQ7A


Business Development
We’ve been recruiting and have hired some additional marketing and community resources to aid us in helping bring exposure and provide the best community experience to HODLVERSE. If you haven’t already, join the HODLVERSE Discord at https://bit.ly/hodlverse as we begin a variety of activities to kick off community building. We’ve also continued discussions with different blockchains and investment partners to explore grant and investment opportunities. This includes, but is not limited to companies such as Consensys, Metamask, and Animoca brands.

🚨 ATTENTION COIN COMMUNITY 🚨

There appears to be a scam in Telegram offering a free Coin Airdrop that requires you to connect your wallet. Do not fall for this, click any links, or connect your wallet. Please report this fake Telegram group called Coin- @COIN - Official Airdrop and warn others!

Hi Coinvestors! Here’s a major update!

We have deployed a test version of the platform for any of you to test. This also includes a custom faucet for you to be able to download testnet tokens for testing. We also created a testing guide to help aid you in your testing efforts.

Testing Guidelines
https://docs.google.com/document/d/1vrNujRy05Rv_bTfRpNN-dUqpxPeK3GybPcDab97Z228/edit?usp=sharing

TestNet MVP
https://www.app-dev-unity.hodlverse.com

Token Faucet
https://faucet.hodlverse.com

We just completed the design of the citymap and properties for HODL Delhi and the Polygon network. Attached is a screenshot of the city which represent Indian architecture (as Polygon HQ is in India). For reference, we have already integrated Ethereum and Binance Smart Chain (also attached). We will look to integrate support for Polygon by creating custom smart contracts on our network.

Hello Coinvestors! Here's an update on our progress, strategy, and next steps:

Coin
At present, our strategy for Coin remains the same. Given the current market conditions and the lack of liquidity, our focus remains on HODLVERSE as the immediate path to return value and liquidity to $COIN holders. We have explored NFT integration into the Coin Wallet but have paused development activities to focus on HODLVERSE.

HODLVERSE
Our initial release strategy for HODLVERSE has been to conduct an NFT mint proceeded by complimentary token drop for holders (a strategy similar to Bored Ape Yacht club and $APE coin). For the past few months, we have been monitoring the markets closely given the overall global economic conditions. Overall NFT trading volume continues to decline and many companies are struggling to mint out their entire collection. At the same time, the current meta for NFTs is free mints which do not align with our strategy.

To that end, we will be altering our fundraising strategy to a token offering. We are currently in discussions with a few of the most-popular launchpads in the industry. While our interest is to be a community-driven DAO, we are also open to engaging venture capital from strategic investor(s) that can:
1. Accelerate our goals
2. Extend our network
3. Provide strategic resources (IP, advisory services, and capital)
4. Generate exposure

We are in contact with one of the largest web3 gaming / metaverse investors in the space and hope to be able to move forward. In light of the current economic and market conditions, it's prudent that we perform diligence on all of our options before making a clear-path decision. The potential for a multi and cross-chain DeFi metaverse is huge and we want to maximize on our every opportunity we can.

We will be providing an update on our new proposed tokenomics and community-building / marketing activities after this weekend. In the meantime, we encourage you to visit the following resources to view our progress to date:
- Audited Smart Contracts: https://github.com/hodlverse
- Demos: https://www.youtube.com/c/hodlverse
- MVP Testing Guidelines: https://docs.google.com/document/d/1vrNujRy05Rv_bTfRpNN-dUqpxPeK3GybPcDab97Z228/edit?usp=sharing
- TestNet MVP: https://www.app-dev-unity.hodlverse.com

Here’s an update on the tokenomics for HODLVERSE:
https://coindefi.medium.com/hodlverse-tokenomics-update-a13b9419d7af

Coinvestors! Here are a few updates.

- Staking reserve has been refilled
- Coin Wallet is currently down due to a service closure
- Since Coin is non-custodial, your funds are safe on the blockchain and still accessible using your seed phrase on other popular crypto wallets such as Metamask, MyEtherWallet, etc. https://metamask.zendesk.com/hc/en-us/articles/360015289612-How-to-restore-your-MetaMask-wallet-from-Secret-Recovery-Phrase
- We will be providing instructions on how you can manage staking requests by directly interacting with the Coin staking smart contract

In light of the recent events in the market today, we'll provide a larger update tomorrow including next steps for HODLVERSE and COIN. We sympathize with those impacted by the situation with FTX. In light of what has recently occurred in the market, please be very cautious about keeping your funds on any centralized exchanges and lending companies at this time.

Remember, not your keys, not your coins. Talk again tomorrow!

Coin and HODLVERSE Update
Coinvestors! Here are a few quick updates on Coin and HODLVERSE.
https://coindefi.medium.com/coin-and-hodlverse-update-1553883efc01

Please read it thoroughly and let us know if you have any questions. Talk again soon!

Hi everyone! We hope that everyone was able to get some good R&R, touch grass, and spend time with your loved ones during Thanksgiving last week.

Here’s an update we would like ot share regarding Coin and HODLVERSE. In this update, we share our market analysis, update, and next steps. Please also join the HODLVERSE Discord so we can continue the dialog there moving forward. Links are in the article (to encourage you to read it 😉)

https://buff.ly/3ViqDAP

The Coin Web Staking Portal is deployed and ready for public testing. Connect your wallet and interact with the Coin Staking smart contract to manage your staking.
https://coinstaking.vercel.app

Please ensure that your web browser reflects the URL above prior to connecting your wallet. Upon connecting your wallet, you will be able to stake, unstake, view your rewards, redeem $COIN rewards, and more.

While the staking contract has been audited, the new front-end could still exhibit bugs. Please provide feedback on your testing so that we can improve the experience or any bugs accordingly.

Here’s an update in the form of FAQ’s. Please read and join us for an AMA in the near future.
https://coindefi.medium.com/coin-and-hodlverse-update-and-next-steps-690790009603

Hi everyone.

We’ll be providing details on the Orange airdrop this weekend including details on the process, timelines, faqs, etc.

The snapshot is scheduled to occur on March 23rd with distributions shortly thereafter.

Coin holders,

As an update, we will be taking the snapshot for the $ORNJ airdrop on March 23rd. From there, we are expecting to conduct the airdrop as early as April 30th.

Process
1. Hold $COIN V4 tokens in your wallet to be eligible for the airdrop.
2. Receive wrapped $ORNJ tokens
3. Use the Orange Bridge to convert them back from ERC20 to BRC20


FAQ

Why use a bridge and receive the tokens as an ERC20 token?

The $ORNJ token is a BRC20 token on the Bitcoin blockchain. COIN holders hold tokens on an ERC20 wallet. Gathering Bitcoin compatible wallet addresses would take a significant amount of time and resort to more delays. Additionally, Bitcoin does not have smart contracts which require manual 1 by 1 distributions to each eligible wallet. This is not a feasible model based on fees and time. Distributing tokens using ERC20 tokens enables mass distribution using a smart contract and saves on gas fees and is the fastest way to get the tokens into your hands.

How many tokens will I receive?

Unfortunately, it’s undetermined until we know how many tokens are included in the snapshot. As an example, if only one token is included in the snapshot, that one token would receive the entire airdrop. We will provide a spreadsheet with wallet addresses and amounts following the snapshot.

What’s next for COIN holders?

For now, $COIN continues to be a rewards token as the original team is no longer together. HODLVERSE and Underdog projects have been appointed leaders from our community that will drive these efforts moving forward. Both projects  will be advised and share resources from various advisors. $COIN holders will receive an airdrop for both of these projects.

What’s next for $ORNJ holders?

$ORNJ holders that stake and join the loyalty program, will also accrue Orange rewards. Learn more about Orange Rewards and the rewards you can redeem here.
https://docs.orangecrypto.com/orange-rewards

Hi everyone! Here’s the guide for you to upgrade any older versions of $COIN as well as unstaking $COIN:

Upgrading Coin
https://docs.google.com/presentation/d/1Rqa-GpocbymPBluKerxa8UgC6R9avgch_D4ZnX6uczk/edit?usp=sharing

Unstaking Coin
https://docs.google.com/presentation/d/1ZmKu_DNxPPyHwLrbxzbZ3GA4xEZ01O729b5oCx-L-rM/edit?usp=sharing

We are taking the snapshot of $COIN V4 holders this weekend. Please ensure you have upgraded and unstaked all of your tokens to be eligible for all future rewards.

Hi everyone. As an update, we have conducted our snapshot of all holders of the latest version of COIN. Per the data from Etherscan and on the Ethereum blockchain, there are 4,366 $COIN token holders. After removing the tokens from the Uniswap pool, the amount of tokens eligible for the airdrop is approximately 87M. The ratio of tokens that $COIN holders will receive is approximately .05714 $ORNJ tokens for every 1 $COIN.

Please note that the airdrop will be conducted using an ERC20 equivalent of the BRC20 $ORNJ token that will need to be unwrapped using the Orange Bridge to convert it back to the BRC20 standard. The reason for this as previously explained is that:
1.  Bitcoin does not have smart contracts which does not allow bulk sending of tokens

2.  It enables us to distribute the tokens in a programmatic and timely fashion

3.  It reduces risk and errors in manually distribution tokens to hundreds of recipients

With that, the bridge will be open for one year for users to bridge their ERC20 equivalent token back to BRC20 tokens. Tokens will also be distributed in the coming weeks once the Orange Bridge is unlocked. We will continue to provide updates accordingly. Thanks for your patience on this as we have been determining the best and most efficient way to handle the airdrop for COIN holders.