Translations: Exchange Integration Ignis/141/en
The initial balances of the IGNIS token are based on the balances of the JLRDA currency id 823491988455668070 on the NXT blockchain. Each existing NXT account which holds the JLRDA currency will receive the same amount of IGNIS child chain token using the same passphrase. The JLRDA token is not tradable so there is no need to freeze trading. In addition each holder of the NXT token, will receive 0.5 IGNIS during the snapshot. Exchanges will receive these IGNIS automatically and need to make sure to credit these IGNIS tokens to their users according to their internal NXT balances at the time of the snapshot.