Posts
avatar

A small warning for anyone farming Vangrid points. Several airdrop guides tell readers that PTC points are "set to convert into $VAN tokens at TGE," and that the token launch is confirmed. The project's own Hub says something else, in plain text: - PTC "measure contribution and rank in the network" - "They are not a currency and carry no monetary value" - "Any future utility will be announced separately" The whitepaper (section 8.3) goes further: the points do not convert to $VAN. Could a token still come? The seed round was structured as a SAFT, so one is clearly contemplated. But as of today there is no conversion promise, no rate, no date, and no contract. Guides presenting conversion as settled fact are inventing it. What @vangrid_io actually pays today is simpler: USDC for accepted captures, settled on-chain, no conversion required. Farm the bounties if you like. Price the points at zero until the project itself says otherwise.

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment