Community takeovers
When the creator leaves, the community can take over
Every coin pays part of its trading fees to its creator. If the creator walks away and a community keeps the coin going, that community can apply to receive those rewards instead.
1Apply
Paste the coin's address, the wallet that should receive its creator rewards, and why. Sign with your wallet. It is free and sends no transaction.
2Review
The team checks that the creator has gone quiet and that the community behind the coin is real. Every application and decision is public here.
3Handover
If approved, the team multisig points the coin's creator rewards at the community wallet. Rewards not yet claimed move too.
Only the creator's rewards move. The coin, its rules and its pool stay exactly as they are. Game coins and coins with a hidden creator cannot be taken over.
Reading takeovers…