Our response to EMC2’s Upbit delisting
The Upbit exchange recently notified a number of projects that they will be delisted. Unfortunately, Einsteinium was part of this list despite our strong relationship with Korean community and the Upbit exchange. All evidence points to this delisting to be a response to the South Korean government's increasing regulations rather than anything Einsteinium would be at fault for. We did all we could to communicate and stay in compliance with demands. This includes detailed written responses and direct actions taken to alleviate Upbit’s concerns.
We encourage all of those impacted to register accounts on a number of exchanges that currently support Einsteinium. We will also be making efforts with new exchanges to offer EMC2 to a wider trading market. We will continue to update our community as this develops.
What happened?
We received notice of termination from Upbit here (업비트 - 가장 신뢰받는 디지털 자산 거래소 (upbit.com)). Which states that we failed to reply to the exchange. This is a lie.
We have published our detailed response to Upbit here (https://bitcointalk.org/index.php?topic=494708.msg57263557#msg57263557)
Our team has been in constant communication to resolve this matter with the exchange. But it looks like the decision was made for us.
Where do we go from here?
The Einsteinium Foundation is a non-profit organization (NPO), and the world's first NPO to be backed by cryptocurrency. The defining characteristics of The Einsteinium Foundation is its ongoing commitment to research and charitable missions throughout the world, and to the safeguarding, maintenance, and development of Einsteinium, an international digital currency built on a secure, decentralized open ledger, or blockchain.
We will continue to deliver on our mission. We will find new exchanges that support us and our ecosystem of products. And we will continue to push for the release of our new coin MIL in order to drive our purpose home. This is a painful period of time for us but it is not how this story ends. Einsteiniums operations will continue to move forward.
Our official communication channels are as follows
Website: https://www.emc2.foundation/
Twitter: @einsteiniumcoin
Bitcointalk: BitcoinTalk: EMC2
Discord: Discord EMC2
Telegram: Telegram EMC2 Channel
Facebook: https://www.facebook.com/einsteiniumfoundation
You can always reach us directly via the contact form on the main website
https://www.emc2.foundation/contact
Or by email at contact@emc2.foundation
