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Quick Intel has migrated to the Ethereum chain!

Quick Intel HAS MIGRATED to a new contract on the ETH chain on WEDNESDAY November 29th, 2023.

After careful consideration, conversations with both current and potential future partners, and a lot of data analysis, the Quick Intel team moved forward with a contract migration to the ETH (Ethereum) chain!

Not only did we migrate to ETH chain, but we also lauched a new contract on the ARB chain to mirror the new ETH version for those of you who prefer the lower gas fees on ARB. Additionally, we made a bridge built into our dApp (both Web & Mobile) to allow a seamless transfer of your $QKNTL tokens between the ETH and ARB chains as you desire.

As part of the migration, the Total Supply was reduced from 1 trillion down to 100 million (dividing by 10,000 or “removing 4 zeros”) to more align with the expectations of future potential partners. Later in this article, we will show detailed information as to how this affected your own token count.

View our Migration Presentation for all the details and some explanations for how we came to this decision: https://my.visme.co/view/mxkxd143-migration-presentation

Let’s dig into a few details about the new ETH contract:

Let’s dig into a few details about the new ETH contract:

Token Name

Quick Intel

Token Symbol

QKNTL

Total Supply

100,000,000

Burn Amount

20,000,000 (20%)

Taxes

0% Buy / 0% Sell

Chain

ETH & Arbitrum

Contract Address (ETH & ARB)

0xbcd4D5AC29E06e4973a1dDcd782cd035d04BC0b7

You Received an airdrop of your tokens on the ethereum chain

If you were a holder of $QKNTL (contract ending in 9026) on the ARB network as of Sunday November 29th,  2023, you were airdropped tokens at a 10,000:1 ratio.  The total supply of the token was lowered from 1 trillion to 100 million which is a 10,000x reduction in the supply.  This means that holders received 10,000x fewer tokens than they held when the snapshot was taken. 

It is important to note that the $ VALUE for the holder did NOT change.  Please see the chart below which helps illustrate the conversion:

If you were a holder of $QKNTL (contract ending in 9026) on the ARB network as of Sunday November 29th,  2023, you were airdropped tokens at a 10,000:1 ratio.  The total supply of the token was lowered from 1 trillion to 100 million which is a 10,000x reduction in the supply.  This means that holders received 10,000x fewer tokens than they held when the snapshot was taken. 

It is important to note that the $ VALUE for the holder did NOT change.  Please see the chart below which helps illustrate the conversion:

FAQ

What do I do with the old ARB tokens from the old contract ending in 9026?

Why am I not seeing the value of the new $QKNTL tokens in my wallet?

Why am I not seeing my new $QKNTL tokens in my wallet?

What are the taxes on the new contract?

What will the token price be on launch of the new contract?

Can I move my tokens back and forth between ETH and ARB?

Can I transfer my tokens to cold storage?

What is the conversion rate for the token migration?

Why is token migration necessary for multichain functionality?

What happened to the DEAD wallet address on the holders list?

What do I do with the old ARB tokens from the old contract ending in 9026?

Why am I not seeing the value of the new $QKNTL tokens in my wallet?

Why am I not seeing my new $QKNTL tokens in my wallet?

What are the taxes on the new contract?

What will the token price be on launch of the new contract?

Can I move my tokens back and forth between ETH and ARB?

Can I transfer my tokens to cold storage?

What is the conversion rate for the token migration?

Why is token migration necessary for multichain functionality?

What happened to the DEAD wallet address on the holders list?

What do I do with the old ARB tokens from the old contract ending in 9026?

Why am I not seeing the value of the new $QKNTL tokens in my wallet?

Why am I not seeing my new $QKNTL tokens in my wallet?

What are the taxes on the new contract?

What will the token price be on launch of the new contract?

Can I move my tokens back and forth between ETH and ARB?

Can I transfer my tokens to cold storage?

What is the conversion rate for the token migration?

Why is token migration necessary for multichain functionality?

What happened to the DEAD wallet address on the holders list?