Frequently Asked Questions on Project Delisting2023-03-14 | tutorial

Bitubu regularly communicates with listed projects to ensure users can access high-quality projects in the Bitubu ecosystem. Projects that do not meet our standards will be delisted to protect users' interests.

How does Bitubu evaluate listed projects?

Bitubu regularly communicates with listed projects to understand their latest development, including product roadmap, team, etc. This includes both positive and negative changes, such as any unexpected deviation from their previous plans. During major market events, Bitubu would check in with projects to understand how they have been impacted. On the other hand, if an incident happens to a project (e.g., the project was hacked), Bitubu would reach out to see if any support is required. After this, Bitubu will also review how the project team handled the incident and whether they have implemented proper measures to prevent similar incidents in the future. At Bitubu, we value users' feedback and suggestions. In addition to the above reviews, we will conduct investigations and evaluate whether it meets our standards if there is a large number of complaints for a listed project.

Frequently Asked Questions

  1. What does Bitubu consider before delisting a project/token?
  • Bitubu considers a variety of factors when conducting delisting reviews. Here are some examples:
  • Commitment of team to project;
  • Level and quality of development activity;
  • Trading volume and liquidity;
  • Stability and safety of network from attacks;
  • Network/smart contract stability;
  • Level of public communication;
  • Responsiveness to our periodic due diligence requests;
  • Evidence of unethical/fraudulent conduct or negligence;
  • Contribution to a healthy and sustainable crypto ecosystem;
  • Compliance with applicable laws and regulations.
  1. What happens to my assets after a project is delisted? You can withdraw the delisted token to your external wallets before the date specified in the delisting announcement (generally three months from the date of delisting).

  2. Do you inform the project before delisting their token? Due to its sensitivity, we do not disclose any delisting decision to external parties. However, we regularly contact listed projects to collect updated information, such as roadmap, team development, etc.

  3. How can a project avoid being delisted? Projects should actively build their products, engage their community frequently, and publish a clear roadmap.

  4. Will Bitubu re-list the delisted token again? It will depend on the project’s traction.