Attention please. Important statement from the Defibids team:.

14 Feb 2022, 21:21

Attention please! Important statement from the Defibids team: As you well know, the project has been on standby for a few months for various reasons, including various failures in the optimization of the original auction platform as well as high network commissions when using staking system on Ethereum network. During all this time, although from the outside it may seem that nothing has changed for the project, we have continued to work hard to offer you the revolutionary auction platform that we promised you back in the day. When reviewing the auction platform and thinking about the next steps we needed to take in order to offer a good experience to our users in the long term, we realized that the code architecture of the Auction Dapp would need to be changed completely to be able to implement improvements more optimally in the future, so we practically remade all the code from scratch. This has taken more time than we first expected and although it is not 100% yet, it is giving very good results and very very soon you will be able to see it with your own eyes and test it on your own devices. Regarding the new blockchain (and never better said) after considering many options and studying different factors, the final decision has been made. 🚨🚨🚨The DefiBids token that currently runs on ETH as an ERC-20 token will become a PulseChain network token🚨🚨🚨 But... why pulsechain and not another network? - Hard-Fork = win win. As Pulsechain is going to be a hard-fork of Ethereum and it is going to clone all the contracts on Ethereum in the same state at the time of the hard-fork, that means that you as users will not have to do anything to be able to receive the new tokens, nor will you miss out on any of the rewards. If we had chosen to migrate to any of the other options, different problems could have occurred, such as that we would have had to force the withdrawal of all the Staking rewards in order to distribute the new tokens fairly to all users, resulting in a huge expense of unnecessary money to pay for gas or simply take a snapshot of the tokens that were staked and in your wallets, ignoring the rewards that you would have gotten during all this time staking. In this way, you will not lose the rewards of your stakes, nor will you have to pay exorbitant amounts to be able to withdraw the funds. - Faster, cheaper, just as easy to use. Pulsechain is going to be a blockchain that will provide users with an improved experience compared to Ethereum, keeping it simple to use, practically minimizing transaction costs and increasing the speed of its use. Resulting in a better overall user experience. - New blockchain, new public, new opportunities: The fact that Defibids is one of the projects that directly adopts Pulsechain at the time of its launch will again give us the first movers advantage that was talked about so much at the time, thus helping to maintain momentum. Attracting new eyes to the project and providing a new opportunity to demonstrate what this project is really capable of contributing to the crypto space. We have much more things, partnerships, events and details ready for you that you will know in due time, please stay tuned and thank you all for not losing the trust in us, you will not regret that!