According to Odaily Planet Daily, Socrates announced the full launch of brand upgrades and product adjustments, and is expected to launch a new brand and platform product in June. At the same time, it will make a series of changes and optimizations to the existing asset issuance gameplay, aiming to enhance user experience, increase product competitiveness, and better adapt to industry development trends.
The main adjustments are as follows: 1. The existing Socrates products will be officially terminated and removed from the shelves at 0:00 UTC on April 30, 2024; 2. Users holding Socrates points can redeem points for USDT at a 1:1 ratio before the service is stopped, and they will not be able to redeem them after the service is stopped; 3. On the platform, users holding assets such as SOC, Pioneer Pen and Genesis Pen should properly back up and keep their private keys and mnemonics. Export will no longer be supported after the service is stopped; 4. NFT asset adjustment implementation plan: Socrates is planning an asset plan that is more in line with the times and the rights and interests of users across the platform.
