BitcoinSistemi 2025-05-12 05:30:06

This Week Is Critical for a Legacy Altcoin: Keep an Eye on May 14

EOS, one of the well-established altcoins, announced that after seven years of development, it made a radical rebranding decision and changed its name to Vaulta and that the existing EOS tokens will be replaced with the name “A”. This conversion will begin on May 14, 2025 at a 1:1 ratio and will be performed via the Vaulta Swap Portal. EOS, which made its name known with the largest initial coin offering (ICO) in history in 2018, is now adopting the name Vaulta with its “Web3 bank” positioning. According to the official statement, the new token “A” will replace EOS. Swap transactions will be carried out via the Vaulta Swap Portal on the official and secure platform Unicove. Related News: Attention: Here's What to Watch for in Altcoins in the New Week Vaulta is not a new blockchain or hardfork. This step, which focuses on brand transformation, means that the existing infrastructure, historical data, and smart contracts built on Antelope technology will be preserved. However, developers need to update the token symbol from EOS to A in order to continue their projects. No changes will be made to the current tokenomic structure of EOS, including the token supply, distribution model, and vesting schedule. Centralized exchanges (CEX) will list A token and gradually delist EOS *This is not investment advice. Continue Reading: This Week Is Critical for a Legacy Altcoin: Keep an Eye on May 14