๐Ÿš€MICROPETS RELAUNCH

"On your way to greatness, you will fall, but like a Phoenix rising from the ashes, you too shall rise again."

MicroPets project officially relaunched on 19th October 2023 with a new $PETS token ca: [0x2466858ab5edad0bb597fe9f008f568b00d25fe3]. Users sent in their old MicroPets tokens in exchange for our new $PETS tokens at a 1:1120 ratio to use in our revamped ecosystem. This was announced on September 15th 2023 and migration was open until December 21st 2023!

Why a token relaunch?

MicroPets: A Community-Driven Relaunch for a Secure Future

Following MicroPetsโ€™ all-time high in November 2021, concerns arose regarding the actions of the projectโ€™s former owner, Nick Sagliani A.K.A โ€œSaint Nickโ€ which highlighted risks to the projectโ€™s contracts and security. These issues necessitated a full relaunch to ensure the projectโ€™s integrity and protect its future.

On August 9, 2023, MicroPets embarked on a transformative journey as control of the project was officially transferred to a new team composed of dedicated, long-standing community members. Leading this effort is our new CEO, Jessus Zambrano, whose leadership has been pivotal in rebuilding trust and guiding MicroPets toward a stronger, more transparent future.

The relaunch was a critical, community-driven initiative designed to cut ties with the previous contract controlled by Nick. Through the collective effort of the communityโ€”voluntarily sending tokens to a recovery wallet from August 10, 2023 till December 21, 2023โ€”we secured liquidity and empowered the new team with full control over the $PETS token, smart contracts, staking pools, and other key assets.

This relaunch marks the beginning of a new chapter for MicroPets, one that prioritizes transparency, security, and a renewed commitment to the community. Together, we are building a brighter future for the project.

Migration

When the new ownership and team took over MicroPets in August 2023, one of the first steps was to migrate the $PETS token to ensure a fresh, secure, and transparent foundation for the projectโ€™s future. The migration was necessary to correct the previous tokenomics, for the safety of the community, and provide a more sustainable structure.

The migration ratio was set at 1120:1, meaning every 1120 old $PETS tokens were exchanged for 1 new $PETS token, providing a more balanced and efficient supply. This has reduced the total supply to 10B $PETS. This move was crucial in restoring confidence, optimizing the tokenโ€™s utility, and ensuring the long-term success of the project.

We are now in a NEW ERA for MICROPETS!

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