Dripto Announcements
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Merging Streetwear Culture and Crypto Technology

Main channels:
t.iss.one/driptotoken
t.iss.one/driptochina

www.dripto.com
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๐Ÿ’ฐCalculations for today's airdrop๐Ÿ’ฐ

*** This airdrop is for the 3% rewards collected over the past week, NOT for the ETH airdrop

https://docs.google.com/spreadsheets/d/1zjpgzoN3MKaR0c5Hyk4QbwRGHczglPWoeKZfZM7XhQQ/edit?usp=sharing

Recap of Eligibility:

Start Time - March 28th 3pm UTC

Eligibility - Wallets that do not sell or transfer out. Your Tokens in the farm are included in calculation

If you have any questions DM @cryptdub
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Dear Dripto community, I'd like to shed light on the recent events with our project through a FAQ style detailing. I hope this provides you some insight into our decision making process.

Why not stick with BSC?
Low gas fees were one of the main benefits of our platform living in BSC & we decided to move forward with a BSC launch as this was a space that myself and the team were familiar with. After a week from launch, we realized that ETH would be a better fit for our product and long-term goals. We needed to make a swift and decisive action to ensure long-term success. Here are some main reasons in making the switch to Ethereum:

-ETH Total value locked (TVL) increased 20% since last May โ€” this network is stable with a growing userbase/circulating money. The historic trend for this network seems to be growing in value. Current TVL: $124 billion

-BSC Total value locked (TVL) is nearly negative 300% since last May โ€” this network has been declining in users and circulating money. The historic trend for this network seems to be decreasing in value with no signs of stark recovery. Current TVL: $13 billion

***Why is TVL important:
"The TVL shows how much money is locked in DeFi protocols and thus helps to get a clear view of the overall health of the DeFi market. It is a type of DeFi adoption indicator. TVL also is an effective metric to compare the market share of different DeFi protocols"

With nearly a 10x TVL value, our marketplace and platform will reach a larger audience along with increased potential to have more money and volume flowing through our ecosystem on Ethereum. From a platform compatibility perspective (low gas fees), the BSC chain seemed to be a good fit but the fact is that BSC is a declining network with a sub-par reputation. We can go roundabouts with speculation if utilities were delivered that it would have made a huge reversal on our chart and that there is a chance that Dripto could have thrived in the BSC space, but a real usecase such as Driptoโ€™s has much more long-term potential on ETH. The marketing funds are much better spent on the ETH network. I also believe that our product would be better received from an ETH audience.


Why was bridging not considered?
Focusing on one network to build our platform and audience would give us the best chance of success.

Why consider CRO?
There is a huge dependency โ€” this is only to be considered IF we onboard into the CRO Incubation program. This program will give us a grant needed to focus on development and growing without worrying too much about our runrate. It also gives us immense exposure and credibility, essentially having a stamp of approval from crypto.com themselves and access into their resource pool. We still prefer ETH and would rather bridge to CRO even with a grant.

Will high gas fees impact our utilities?
We are implementing various ways to workaround ETH gas fees. Currently looking at integrating a layer-2 scalability engine on ETH mainnet to reduce gas fees needed to purchase/sell on our platform. Furthermore, we will accept stable coin from other networks such as BSC along with other accessible cryptos such as Bitcoin, Doge, etc.

I understand there are different approaches when it came to halting trading and relaying communication about our ETH migration, however we believe how these recent events were conducted were the most fair for the general investor. Nothing has changed aside from us living in a different chain โ€” our vision and product remains the same and our passion to deliver continues to grow.

Moving forward, the team and myself will conduct regularly scheduled AMAs and updates. As for marketing, we will be changing our strategies and look to onboard a marketer with experience in ETH that aligns with our goals. Over the past couple days, our core team has ran intense brainstorming sessions to improve our ecosystem and bring another innovative concept that aims to merge real products with digital assets. We are excited to move forward and the team thanks you for your continued support!
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๐Ÿ’ง Dripto's first Twitter Space ๐Ÿ’ง

โฐThursday April 7th, 7pm UTC

Come join us for a chance to win 0.5 BNB and earn a spot to become a Drip Grails Beta tester!

HOW TO WIN 0.5 BNB and beta? โฌ‡๏ธ
1. SET A REMINDER! โœ…
2. Retweet the tweet below! โœ…
3. Follow our Twitter! โœ…
3. Tag 3 friends below! โœ…

https://twitter.com/driptotoken/status/1511798986356580353?s=20&t=BnJRUZ_XSaW4CB1ZEADO_Q
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๐Ÿฅณ We are excited to announce Beta Testing of Drip Grails will go live on Wednesday the 13th! 10 holders of $DRYP will become our very first beta testers and winners will be selected on Monday.

Specifically for beta testing, all items will be free & they will just have to pay a $10 fixed shipping cost.

Please fill out the form below to be considered into Beta testing:
https://docs.google.com/forms/d/e/1FAIpQLSeRGm23vhG0aALrOo6yKBSJCebjs2HJxZPW9y75y0jHywON0w/viewform?usp=sf_link
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๐Ÿ’ง WEEKLY SCHEDULE ๐Ÿ’ง

Keeping the community updated and involved is of utmost importance. We've planned a series of weekly posts and activities to do just that.

The team is happy to introduce our weekly schedule starting tomorrow ๐ŸŽ‰
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We are excited to commence our 1st round of beta testing of Drip Grails with the selected candidates below. For those that have been selected, our team will reach out for next steps. History is in the making โ€” these individuals will have the opportunity to test the first e-commerce platform of its kind!

*Note: There will be a 2nd round of beta testing with new candidates on the week of the 25th.

Beta Testers l:

@That_SWE
@BrunoRabaioli
@AgentZ1
@Tfahey
@mrfluffingtins
@monakaeth
@naaffy
@DriptoBR
@WiAndi
@solplux
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๐Ÿ”ฎDevelopment Updates๐Ÿ”ฎ

Every Tuesday we will be giving you updates on the engineering/product side and priorities for the short-term. Every day our dev, product, & brand team strategizes and executes on each facet of our business. This update will serve to give investors visibility on the goals & deliverables to ultimately drive Dripto forward.

โœ…Completed Milestonesโœ…
โ€ข Drip Grails Complete
โ€ข Drip Lottery Complete

๐ŸŒ€Short-Term Priorities๐ŸŒ€
โ€ข Drip Grails Beta Testing Round 1 Begins
โ€ข Closure of Migration Form & Migration Calculations
โ€ข Internal Code Clean Up
โ€ข Preparation for next Utility Project Push
โ€ข Revamp Marketplaceโ€™s Payment System for ETH acceptance
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๐Ÿ’งShill Wednesday๐Ÿ’ง

1๏ธโƒฃ
Tweet your favorite thing about Dripto

2๏ธโƒฃMake sure to tag @driptotoken and use our /hashtags

3๏ธโƒฃSend your Twitter tag to @Isticus

๐Ÿ†One random shiller will win a Dripto merch box๐Ÿ‘•๐Ÿ“ฟ

Only one entry per personโ—๏ธ
Winner will be picked in 12 hoursโฐ

Good luck๐Ÿ€
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๐Ÿ’งShill Wednesday๐Ÿ’ง

๐Ÿ†Winner of Dripto merch box is @DjaniWhale

Congratulations๐Ÿฅณ

Dm @Isticus to claim your prize๐Ÿ“ฆ

See you next Wednesday๐Ÿ‘‹๐Ÿป
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๐ŸŒ Next Steps for Migration๐ŸŒ 

Hey Drip Fam, as you all know today is the last day to complete the migration form! We will be closing off submissions at 12AM PT. Once the form is closed here is what you can expect:

- Allow a week for us to finalize and calculate the migration details.
- On Wednesday we will share the migration details and by Friday(4/22) we will reimburse those that chose not to migrate to ETH.
- Those that did not complete the migration form, will be migrated over to ETH as well.

Note, for that that have LP paired/stuck on Knightswap, come April 23rd I will unpair LP from PCS/KS and then allow you to unpair your LP afterwords. If you have LP paired and have not DMed me already, DM me so we can whitelist your wallet to be able to do so.
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โ™ ๏ธโ™ฅ๏ธDripto Poker Nightโ™ฃ๏ธโ™ฆ๏ธ

Tournament starts at 7 pm UTC๐Ÿ•–

๐Ÿ†Prizes

๐Ÿฅ‡150BUSD

๐Ÿฅˆ100BUSD

๐Ÿฅ‰50BUSD

4๏ธโƒฃth Dripto merch box

๐Ÿ“œSign up: https://www.pokernow.club/mtt/dripto-poker-night-ipr2if2Pec

โš ๏ธSign up with the SAME username you use on Telegramโš ๏ธ
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๐Ÿ’ Updates on the migration form๐Ÿ’ 

This is what we will count for your DRYP token holdings:

1. DRYP Tokens in your wallet
2. If you have any DRYP Tokens unclaimed from private sale 1/private sale 2
3. If you have any DRYP tokens from the KnightSwap LP pair

We are in the process of calculating the respective tokens in 2 + 3. In the next 48 hours we will have the final numbers per wallet.

Currently you can view the list of all wallets that have completed the form and their decision here: https://docs.google.com/spreadsheets/d/1V-lTqE8svFqE4hgLWrzzT2MjpP-zY2gho2_yQRERAhc/edit?usp=sharing

*Note if a wallet submitted a form more than once, we have chosen their decision from the most recent form submission.

In the next 48 hours we will add your token holdings to this same sheet, and process any refunds, more details will be given at that time! Liquidity will be unlocked on April 23rd

If there is a discrepancy with your decision on the form you may DM @cryptdub
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๐Ÿ””Migration Updates๐Ÿ””

The previous google sheet is now updated with your final DRYP token holdings: https://docs.google.com/spreadsheets/d/1V-lTqE8svFqE4hgLWrzzT2MjpP-zY2gho2_yQRERAhc/edit?usp=sharing

Review column A/B/C( Wallet/Decision/Total DRYP)

Total DRYP will be your Migration DRYP amount on ETH. This number is the sum of column D/E/F/G โ€” these are the 3 values I mentioned in the previous post.

If you see any discrepancy, DM @cryptdub with your question and your wallet address.

โœจNotes โœจ

- At this point in time we will not change anyone's decision, unless it is due to a human error.

- Those that did not complete the form, will be migrated.

- If you submitted a request to consolidate wallets, will post these values, next week, this sheet does not consider the consolidation wallet.

๐Ÿ’ฐRefund Info๐Ÿ’ฐ

For those that chose refund, the refund amount will be 86% of the current frozen price of DRYP ($0.0157039 per DRYP)

This means that everyone would be getting the same fair amount as if they sold right before lock and nobody is front run! (i.e. if your current value is 1 BNB you will get .86 BNB back).

This high refund amount was made possible because of strong amount of supporters that chose to migrate. Thank you all for continuing on this path with us!

๐Ÿ””Important Upcoming Timelines ๐Ÿ””

1๏ธโƒฃWe will have a VC at 11:00AM PT, this is when LP will be unlocked, we will unpair LP at this time.

2๏ธโƒฃCome 11:30AM PT, we will enable those who have LP in the Knightswap to unpair their DRYP + BNB

3๏ธโƒฃBy EOD, we will send the BNB refunds for those that choose not to migrate.
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๐Ÿ’ฐMigration Refunds have been sent out at 9PM PT๐Ÿ’ฐ

If you have not received, look up your wallet on this sheet to see if your decision was "Refund". https://docs.google.com/spreadsheets/d/1V-lTqE8svFqE4hgLWrzzT2MjpP-zY2gho2_yQRERAhc/edit?usp=sharing

Only those that have Decision "refund" were airdropped BNB.

As mentioned the price of DRYP during freeze (before LP unpair) was $0.0157 per DRYP, therefore the refund price was $0.0135 per DRYP [86%]

For any discrepancy you may DM @cryptdub
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โ™ ๏ธโ™ฅ๏ธDripto Poker Nightโ™ฃ๏ธโ™ฆ๏ธ

Tournament starts at 7 pm UTC๐Ÿ•–

๐Ÿ†Prizes

๐Ÿฅ‡150BUSD

๐Ÿฅˆ100BUSD

๐Ÿฅ‰50BUSD

๐Ÿ“œSign up: https://www.pokernow.club/mtt/dripto-poker-night-9M7j1-lizJ

โš ๏ธSign up with the SAME username you use on Telegramโš ๏ธ

We'll be hanging out in VC so see you there๐Ÿ‘‹๐Ÿป๐Ÿ€
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As we wrap up on the 1st round of beta testing of Drip Grails, we'll look to start round 2 soon. We'll be selecting 15-20 individuals to beta test on the 2nd round โ€” if you've filled the form already, there's no need to fill out the form a second time. If you have not filled out the form, please do so to be considered for beta testing round 2

https://docs.google.com/forms/d/e/1FAIpQLSeRGm23vhG0aALrOo6yKBSJCebjs2HJxZPW9y75y0jHywON0w/viewform?usp=sf_link
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โ™ ๏ธโ™ฅ๏ธDripto Poker Nightโ™ฃ๏ธโ™ฆ๏ธ

Tournament starts at 7 pm UTC๐Ÿ•–

๐Ÿ†Prizes

๐Ÿฅ‡150BUSD

๐Ÿฅˆ100BUSD

๐Ÿฅ‰50BUSD

๐Ÿ“œSign up: https://www.pokernow.club/mtt/poker-night-GMTMOnY63c

โš ๏ธSign up with the SAME username you use on Telegramโš ๏ธ

See you there๐Ÿƒ
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๐Ÿ’ง SHILL THE DRYP ๐Ÿ’ง
As our migration to Ethereum nears to its completion this month, we wanted to keep a steadfast commitment to the community with an exclusive Twitter interactivity for all to participate in. ๐Ÿฅณ๐Ÿค—

Visit the links below to complete the necessary guidelines to make yourself eligible for the official giveaway. Drop a like, retweet and love! โฌ‡๏ธ

โœจA chance to win yourself a merchandise box simply by interacting and following our Twitter!โœจ

Official Post. https://twitter.com/driptotoken/status/1521912550148820993?s=21&t=j5GWIuEmNj3wENvYlEPDfA

Post 2. https://twitter.com/cl_community/status/1521705582331588608?s=21&t=j5GWIuEmNj3wENvYlEPDfA โ€” Official AMA Announcement with Chainlink

You can utilize our โ€˜tagsโ€™ command in the chat to bring up our hashtags to use when commenting and/or posting about us!

Thank you for all the amazing support. Many great things ahead for Dripto.

Turn on your notifications for our Twitter account as exclusive updates will be released through the platform.
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๐Ÿ””MIGRATION UPDATE ๐Ÿ””

Hey Drip Fam, we have updated our Migration sheet to now include the full consolidated* wallet DRYP values.

*For context, consolidated wallets were requested by some investors to combine DRYP from multiple wallets to a single wallet. NOTE, for safety our team manually validated each request to ensure that the investor truly owns the requested wallets.

If you requested for this, only your destination wallet will appear in the google sheet in column A "HolderAddress", with the combined value from your multiple wallets

You may now see your wallet's final migration DRYP amount for the ETH launch below

https://docs.google.com/spreadsheets/d/1V-lTqE8svFqE4hgLWrzzT2MjpP-zY2gho2_yQRERAhc/edit?usp=sharing

Note, you can use control + F (or command + F on Macs), to find you wallet and see your "Total DRYP" โ€” this is the value used for the ETH Migration. Please give the sheet a couple seconds to fully load before you search for your wallet.

If you have any questions on the values on this sheet, feel free to DM @cryptdub
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Our 1st round of beta testing was successful! Weโ€™re delighted at how smooth the shopping experience went for our Beta testers and look forward to continuing to deliver on the platform and growing the Dripto ecosystem.

Round II beta testing will start soon with a total of 20 testers.

Below you can find a recap of the beta testing event.

Read more: https://medium.com/driptotoken/recap-drip-grails-beta-test-round-i-486399e1bb75
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โ™ ๏ธโ™ฅ๏ธDripto Poker Nightโ™ฃ๏ธโ™ฆ๏ธ

Tournament starts at 7 pm UTC๐Ÿ•–

๐Ÿ†Prizes

๐Ÿฅ‡150BUSD

๐Ÿฅˆ100BUSD

๐Ÿฅ‰50BUSD

๐Ÿ“œSign up: https://www.pokernow.club/mtt/dripto-poker-night-hpjA66Zlkw

โš ๏ธSign up with the SAME username you use on Telegramโš ๏ธ

Until further notice, this will be the last poker tournament before we launch on ETH. Hope to see you there ๐Ÿ‘€

Good luck and have fun to all players๐Ÿ€
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