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This Week is Very Critical for the Established Altcoin: Pay Attention to May 14!
One of the established altcoins, EOS, announced that after seven years of development, it is rebranding with a radical decision and changing its name to Vaulta, and that the existing EOS tokens will be changed to the name "A."
This conversion will start at a ratio of 1:1 as of May 14, 2025, and will be carried out through the Vaulta Swap Portal.
In 2018, EOS, which gained recognition with the largest initial coin offering in history (ICO), is now adopting the name Vaulta with the positioning of a "Web3 bank." In the official statement, the new token "A" will replace EOS. Swap transactions will be carried out through the Vaulta Swap Portal on Unicove, which is an official and secure platform.
Vaulta is not a new blockchain or hard fork. This step, focusing on brand transformation, indicates that the existing infrastructure, historical data, and smart contracts built on Antelope technology will be preserved as is. However, developers need to update the token symbol from EOS to A in order to continue with their projects.
There will be no changes to the current tokenomic structure of EOS, including the token supply, distribution model, and vesting ( schedule.
Central exchanges will list the CEX token and gradually delist EOS.