Cryptoforecast team just announced the moving from Omni Layer to ERC-20 token system.
Actually CFT is running in the OMNI layer. OMNI is a layer built on bitcoin, so you need BTC (satoshi) in order to transfer CFT. The Bitcoin blockchain keep track of every single transaction to transfer CFT from a wallet to another one. Moving to ERC-20 token (Ethereum standard token), means:
- low transaction fee cost
- low transaction time
- simplify the Exchange integration (what kind of Exchange does support Omni layer nowadays??)
- increase the CFT adoption in the crypto world
Cryptoforecast Supply
Relevant will be the Cryptoforecast total supply. The actual total supply of CFT is 50.000.000 and will be reduced to 25 million CFT ERC-20 token on ETH blockchain.
How can I claim my new ECR-20 token?
While we are waiting for more official news on how to claim your Cryptoforecast, we suggest you to setup an Ethereum address (ERC-20 compliant) for example the easy web-friendly MyEthereumWallet.
At the beginning of the year, we added CFT as a must-have coin and as a long-term coin to invest in 2018. After their announce to move to ERC-20 we strongly increase our position!
Stay tuned with CFT news by following their main blogÂ
