MLT & BEN Refund + MIH Update

Last year during the v1 launch of Creator Tokens, we did a handful of CLOs (Creator Liquidity Offerings). Many of the CLOs were successful and resulted in a v1 Creator Token being launched. However, for numerous reasons three raises did not result in a Token launch. These three sales were — Millie T Creator Token (MLT), Ben Morris Creator Token (BEN) & Mr Indian Hacker Creator Token (MIH). The XCADs raised in these sales have not been used and have sat dormant in a wallet since the closing date.

Since the launch of v2 the XCAD team is focused on releasing creators with a larger audience for the time being. Unlike an ICO where most of the time you will have to wait until TGE even if it’s a few years, we have decided to offer a refund on certain CLOs.

Therefore we are going to be refunding the amounts raised in both the MLT & BEN CLOs. As mentioned above, there is still the outstanding MIH CLO raise which will not be refunded. This is because Mr Indian Hacker fits the criteria of Token launches we will be doing during the initial roll out of V2. So users who have participated in that raise, will still get their allocated tokens.

When will the refund happen?

There is not a substantial amount of XCAD to be refunded, so it will be a quick and easy procedure. The XCADs will be refunded to the wallet used to participate in the CLO. The refunds for these sales will be completed within the next 7 days.

When will MIH Token launch?

There is no public set date right now for the launch of Mr. Indian Hacker Creator Token. As mentioned throughout v2 spotlights and as can be seen with the DON Creator Token, the process for rolling out creator tokens has changed. The release of the MIH Token will be announced in due course.