Withdraw your CBM (CryptoBrewmaster game token) from Hive-Engine

Withdraw your CBM (CryptoBrewmaster game token) from Hive-Engine

I come across a post by Cryptobrewmaster game today that they are no longer supporting their token in Hive-Engine though the game will still remain in Hive.

May be this is the reason that really crashed the CBM token market on Hive-Engine

It also look like that the price of token is crashing in and it raise lot of question like that "What should you do with your CBM tokens?"

Solution suggested by team.

Team is recommending to use Crytex24.io exchange , having account cryptex24 in Hive. From coming Monday (25 October) you will not be able to deposit the token to game from Hive-Engine or withdraw to Hive-Engine from game. CBM Token on Hive-Engine can be swapped in Cryptex24 Exchange till 1st November.

What I did ?

Though I registered in Cryptex24 Exchange (and luckily my country is not in excluded list for that Exchange). but I did not transferred my token there.
Exchange do not require KYC if you deposit/withdraw $100 a month/$1000 a year but still it is centralized entity that can change it TOS at any day.

So I deposited my CBM from Hive-Engine to the game account (selling at cheap in Hive-Engine also do not make sense)

Team also said that they will explore DEX option in future and I guess I will keep my token in game until they get some DEX options.

But Why?

Their move is creating lot of confusion in the player and Discord is swarming with user asking the questions and their decision is really not gone well with the players that is clearly evident by below response.

I just hope that team could find some amicable solution that will be acceptable to the both party but for the time being our first priority is to take care of our CBM token residing in Hive-Engine so that our funds are not lost.

Posted Using LeoFinance ^Beta