Apptrade Update: Reimbursement Took Place

Dear APPX.WARRANT holders,
On February 2, 2017, OpenLedger ApS has launched a tokens offering for the Apptrade project, according to an ICO agreement between OpenLedger ApS and Apptrade.

Apptrade ICO results

The minimum amount of US$1 million was not raised. OpenLedger ApS continued the AppTrade offering by amending the offer to include a 50% bonus in APPX.WARRANT tokens in addition to 1 OBITS.WARRANT for every $1.00 in APPX.WARRANT purchased. This amended offer remained open until May 31, 2017.

Following these offerings, because the minimum threshold has not been met, all the offering proceeds were returned to the holders, according to the ICO agreement. All the offering activity related to APPX.WARRANT is deemed terminated.

Apptrade Reimbursement

On July 31, 2018, we pulled all the APPX.WARRANT tokens from each account that held them back to the issuing account openledger. openledger didn’t receive any reimbursement.
We transferred the required amount of BitUSD from openledger account to each account that was holding APPX.WARRANT tokens. The amount of BitUSD to transfer was calculated as 0,66666666 BitUSD for each 1 APPX.WARRANT.
We burned all the APPX.WARRANT tokens available on the openledger account on July, 31.

APPX.WARRANT in orders [Important]

If you still have the APPX.WARRANT tokens in orders, please get them back to your account and create a support ticket](https://openledger.freshdesk.com/support/home)! APPX.WARRANT tokens in orders weren’t credited. We are waiting until the users cancel the orders to credit the rest of the APPX.WARRANT, burn them as well and destroy the token completely.