The former head of the collapsed Mt.Gox bitcoin exchange, Mark Karpeles, told Forkast in an interview that UNGOX, a crypto-rating agency, would be launched and that non-fungible tokens would be distributed. MtGox NFTs would go only to clients of the hacked platform.<\/p>\n
UNG0X will launch in the third quarter of 2022. The agency will assign and maintain ratings for cryptocurrency exchanges and related entities. The assessment will be based on Mark Karpeles’s experience in running Mt.Gox and a patented algorithm.<\/p>\n
The issuance of MtGox NFTs is expected to total 1,066,097 tokens\u2014the number of Mt.Gox users at the time of its collapse in early 2014.<\/p>\n
To issue the NFTs, accounts must be verified on the exchange via mtgoxnft.net and provide the required information. The minting could take several weeks.<\/p>\n
MtGox NFT holders will receive<\/a>:<\/p>\n “MtGox NFT proves that you were at the dawn of Bitcoin, and now you can prove it on the blockchain”<\/em>, the project’s site says.<\/p>\n<\/blockquote>\n The initiative is not connected with the ongoing Mt.Gox bankruptcy proceedings and does not affect them.<\/p>\n Earlier in Tokyo, the Tokyo District Court approved<\/a> the Mt.Gox civil rehabilitation plan.<\/p>\n The plan for reimbursing users was presented<\/a> in December 2020. In January 2021, the details of the plan<\/a> were disclosed, and in February the court approved<\/a> it for subsequent voting.<\/p>\n It started<\/a> on May 31 and ended<\/a> on October 20. The compensation proposal was supported by about 83% of users.<\/p>\n Earlier, Fortress Investment Group proposed to creditors of Mt.Gox buy out their claims<\/a> for 80% of value.<\/p>\n Subscribe to ForkLog news on Telegram: ForkLog Feed<\/a> \u2014 the full news feed, ForkLog<\/a> \u2014 the most important news, infographics and opinions <\/p>\n","protected":false},"excerpt":{"rendered":" The former head of the collapsed Mt.Gox bitcoin exchange, Mark Karpeles, told Forkast in an interview about UNGOX, a crypto-rating agency, and a distribution of non-fungible tokens. MtGox NFTs would be issued only to clients of the hacked platform.<\/p>\n","protected":false},"author":1,"featured_media":59312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[928,136,1213],"class_list":["post-59311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-mark-karpeles","tag-mtgox","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/59311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=59311"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/59311\/revisions"}],"predecessor-version":[{"id":59313,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/59311\/revisions\/59313"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/59312"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=59311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=59311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=59311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
\n