[How to designate an investment]. Hello everyone.
14 Jun 2023, 06:29
[How to designate an investment].
Hello everyone. We are pleased to announce the designation of RISEN as an investment on Bithumb Exchange.
Rizon's critical designation is due to a decline in trading volume and price, not a problem with the coin or blockchain business itself.
To resolve this situation, we are currently preparing to update the mainnet (equipped with CosmWasm) as previously mentioned, and after the upgrade, we will activate various dApp projects that participated in the grants by installing CosmWasm to build an environment where Rizon's unique ecosystem and the Cosmos ecosystem can integrate. This will increase usage of the mainnet and attract new users to resolve this issue.
Rizon is responding quickly to the advisory and related concerns, and we look forward to resolving the issue through a call to action as soon as possible.
We apologize for any inconvenience this may have caused.
Thank you.