Redemption of Ada


#1

Hi, I’m not very tech savvy. I just updated my Daedalus. While browsing in the wallet I found a section about redeeming ADA via a certificate. Could somebody explain that to me, and tell me if that applies to me if I’m just’ an investor, please.


#2

Hey Georg!

I am not 100% sure but I think it is for redeeming paper wallets / wallets that you got via promotion, for example at certain events.

As I said, this is just an assumption and I will be happy to find out as well, because I have wondered about that too :slight_smile:

Greetings.


#3

This is for the ICO holders, who bought in before the main-net. They couldn’t give them ADA, so they got a certificate, that could be redeemed once the Cardano was launched.


#4

Wow, your answer came 2 seconds after mine :smiley: Thanks for clarifying! Have wondered about this for quite a while now.

Greetings.


#5

So no action on my apart necessary! Thanks for your speedy responses, guys. :+1: