[Important Announcement] Umayyad Genesis Mapping Successfully Released!

Qitmeer Network
2 min readJun 6, 2023

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Dear Qitmeer Network Community Users,

We are delighted to announce a piece of exciting news: The Umayyad Genesis Mapping has been officially released on June 6th! This marks a significant milestone for Qitmeer Network as it enters the era of self-governance and initiates the Umayyad 3.0 era.

In the Umayyad 1.0 phase, we have integrated the two major value carriers (Mekka and Medina), mapping a total of 42,108,530 MEER, accounting for 20% of the total supply. Currently, 8,762,785 MEER (20.81% of the mapped amount) has been distributed, and the remaining 33,345,744 MEER has been released today in a single allocation.

To ensure user convenience, the released tokens will be sent directly to users' UTXO wallet addresses. Please check the released tokens in your UTXO address in the Kahf wallet. If you wish to engage in trading activities, please transfer the tokens to an EVM address. If you have any questions, please join the Qitmeer community for consultation and assistance.

Kahf Wallet Operation Guide:

https://qitmeer.io/#/library/article/67

Qitmeer Community:

t.me/qitmeernetwork

The implementation of this release plan will propel Qitmeer Network to take an important step in decentralized governance, achieving more fair and democratic network governance. We firmly believe that such development will further enhance the scalability, inclusiveness, and openness of the network, bringing you broader opportunities and value. With the significant increase in the circulating supply of MEER and the improvement of market liquidity, you will have more trading opportunities and choices. Additionally, this will further drive the development of the ecosystem, opening up broader space for innovation and applications.

We eagerly look forward to this important moment and believe that this release will bring positive impacts to the entire community. Once again, thank you for your continuous support and trust in Qitmeer Network!

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Qitmeer Network

Qitmeer Network is the next generation payment network infrastructure based on BlockDAG technology.