Dear BitKop users:
BitKop will supervise listed project from following aspects, and start the project delisting under certain conditions:
1. After BitKop send warning notices to project party that involves in suspected pyramid schemes, fraud, money laundering, terrorist financing and etc, if the project party can not provide evidence, or can provide evidence but refuses to pay the risk deposit, BitKop will delist the project.
2. If the price of the project falls below 50% of its issue price for 15 consecutive trading days, the project party will receive a warning notice on the abnormal trading price by BitKop. When a second warning notice is issued on the same project (meaning the trading price falls below 50% of the issue price for 30 consecutive days), BitKop will initiate a public investigation process to determine whether there is any false statement in its listing process (such as providing fake price of the private sales). BitKop reserves the right to delist any project that enters the public investigation process.
3. If the average daily trading volume is less than 50 ETH for 15 consecutive trading days, the project party will receive a warning notice on the low liquidity by BitKop. When a second warning notice is issued on the same project (meaning the average daily trading volume is less than 50 ETH for 30 consecutive days), BitKop will inform the project party that due to the low liquidity of its token which does not meet the requirements BitKop listing requirements, the project will be delisted.
4. If the project has major risk issues including hacking attacks, concealing additional token issues and etc., the project will be delisted.
For above rules, BitKop reserves the right of final interpretation and may make adjustments according to the future market conditions and policy needs.