QBX Token Migration is Live

We are excited to share one of our most fulfilling moments with you. Our QBX token migration, which we have been working behind the scenes to achieve for weeks now, is finally live. Therefore all QBX holders are now eligible to participate in this migration. This is considered an outstanding achievement as this was one of the milestones we set to achieve this quarter in line with our roadmap and enabling flexibility in our ecosystem.

For a long time, the QBX token has been hosted on two blockchains; the Ethereum blockchain hosted 90% of the tokens, and the Binance chain hosted 10%. This crypto token migration aims to bring all our tokens into a single blockchain, thus migrating them to ERC20 tokens. This migration is essential for our ecosystem as it guarantees token uniformity and boosts the token value.

To carry out the migration you’ll need to have around 0.005 ETH in your wallet. However, if you fill out the QBX VIP Club survey, you can get $10 worth of qiibee reward points that you can exchange to ETH, which you can use for the migration’s transaction. Or if you’re a VIP Club member and have received qiibee reward points, you can also exchange these points in the qiibee reward app to Ethereum.

The qiibee foundation is on a mission to build a decentralized, scalable, and interoperable standard for all loyalty programs and incentive systems powered by the QBX. We have only just begun implementing the many ideas we have to ensure a better DeFi ecosystem in crypto and the token migration is setting the pace for other achievements.

This blog post outlines the step-by-step procedure to carry out this token migration. All QBX token holders must participate in this migration as it aims to bring in the best for everyone in the ecosystem.

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You can access it here.

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The qiibee foundation is the world’s leading blockchain provider for the global loyalty market.

Our mission is to build a decentralized, scalable and interoperable standard for all loyalty programs and incentive systems powered by the QBX.