Release of Business Performance Report and Quarterly Returns Allocation Schedule for RealX Token Holders for the Period of 01/01/2024 - 31/03/2024 (Quarter 1/2024)

Modified on Thu, 23 May 2024 at 05:02 PM

According to the whitepaper and the announcement (reference) issued by the Real Estate Exponential Company Limited (“RealX token issuer”), the RealX token holders are entitled to receive returns from every quarterly net income earned from the project assets. In this regard, Bitkub Exchange (“the Company”) would like to inform you that the business performance as of Q1/2024 has been released by the RealX token issuer at https://realxtoken.finance/en/investorFor your clarification, please see the details below.


  1. This returns allocation combines returns from the periods of 1 January 2024 - 31 March 2024 (Quarter 1/2024) after withholding tax deduction.

  • Insurance of returns specified in the project’s whitepaper is a guarantee of annual returns only. However, the quarterly returns will depend on the performance of the RealX token issuer in the particular quarter.

  1. The returns will be calculated based on the token’s offering price during the initial coin offering (182 baht), and the rate of this quarterly return is 0.91 baht per token.

  2. The RealX token issuer is responsible for sending emails regarding returns to eligible customers; the emails will be sent from [email protected].*

  3. The customers of Bitkub Exchange who will be eligible to receive returns from this allocation are those with RealX tokens stored in their Bitkub wallet on 24 May 2024 at 12:01 AM (GMT+7) (Snapshot time). The details of eligible token holders for returns allocation are available here.

  4. The Company will credit the returns in Thai baht to the eligible customers’ THB wallet on their Bitkub account according to the schedule below.


* If you do not receive the email, please check the bin/junk box and the spam box, or contact [email protected] for assistance.


RealX tokens under the following statuses will NOT be included in the Q1/2024 returns allocation.

  1. RealX tokens in successful sell orders before the snapshot on Bitkub Exchange.

  2. RealX tokens successfully purchased after the snapshot on Bitkub Exchange.

  3. RealX tokens successfully withdrawn before the snapshot on Bitkub Exchange.

  4. RealX tokens deposited after the snapshot on Bitkub Exchange.

  • To avoid any delay in the transactions, please consider making a deposit before 11:30 PM on 23 May 2024.


Schedule 

  • Company preparing a snapshot of RealX token balance on Bitkub Exchange

24 May 2024 at 12:01 AM (GMT+7) onwards
** The snapshot duration will depend on the number of eligible customers. In the meantime, the RealX deposit and trading are available as usual.

  • Company crediting returns in Thai baht to eligible RealX token holders on Bitkub Exchange’s system
    By 29 May 2024
    ** In case of a delay in returns allocation operated by the RealX token issuer to Bitkub Exchange, the credit schedule may differ; the Company may consider publishing an announcement further to keep the customers informed.

Remarks:

  • The conditions of the eligibility for returns allocation are determined and operated solely by the RealX token issuer.

  • The information in this announcement is subject to change depending on the operational and management plan of the token issuer. Please be advised to study the token whitepaper (Reference) and risks thoroughly before investing. For more information, please visit https://realxtoken.finance/en.

  • The rate of returns for each allocation depends on the business performance of the RealX token issuer as specified in the whitepaper.

  • Cryptocurrency investments are classified as high-risk investments. Before making investment decisions, please consider the risks and invest wisely.

  • Bitkub Exchange reserves the right to adjust and amend the announcement and the aforementioned details without additional announcement or prior notice.


Thank you for your continuous support.

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