The swap is entirely voluntary.  You are very welcome to keep your legacy Tips in the new Tips wallet that we rebuilt with significant work earlier this year.  You are not forced to swap.  Several exchanges (like Altilly and Nova) will continue trading the legacy Tips.

If you wish to swap to the new Tips you are also very welcome.  The new Tips will have an architecture that incorporates several years of evolution in crypto technology.  Things like:

• Very fast transactions (full confirmation may be under 30 seconds)
• Complete (optional) privacy
• New wallets for all major platforms (WIN/MAC/LINUX) - legacy Tips has no Mac wallet
• Web/Mobile wallets in 2018 - this is KEY to our face to face tipping & merchant strategy
  
• ASIC Resistant Mining - GPU based CryptoNight7 algorithm so everybody can mine
• Smart contract capabilities (Q1 2019)

People ask me what Fedora Tips is all about.  It's simple:

Tipping. Transacting. Real time, face to face or online.

Cheers!
Robots 

https://twitter.com/FedoraTipscoin
https://www.tipsco.in

myc066 is right! This is absolute theft!!! A 50/1 ratio gives
Total Supply (source coinmarket) 482 759 907 611 TIPS 50 (your ratio)
= total remaining tips after  swap 9 655 198 152 billion tips

So you cut everyone with your 50/1 ratio and you leave 80 billion to public
for mining and you keep 20 billion that you have premined???
Go back to school to learn calculation for what you are doing is scamming
 everyone fedoracoin existing users!!!!

Actually that's not the case.  We are planning on doing a burn of much of the unswapped coins.  It is intended that some of the premine will go towards development costs and building out future functionality, that's correct. We have been quite open about that.

For about 2 years there was no work of any kind done on Tips. The wallets were unpatched and riddled with security holes. The price had at one point been in the top 50 cryptos, many years ago. After being abandoned it is well known what the price became.  There is currently a team of six that have worked almost full time for one year on Tips, rebuilding the coin, growing the community, doing marketing, outreach hosting and more.  All of this work has helped Fedora move a long way ahead from where it was one year ago.  It is, however, unfeasible to assume that this kind of work can continue. No work of any kind was being done on Tips until the community project volunteered to do so.

As for a reduction in supply - the quantity of coins is immaterial when it is the value that is the key.  The reduction is being done for one specific reason - to get the value to above a Satoshi, so that Tips can once again trade against BTC.  Please check out the website to learn more, and the more detailed roadmap on Trello

www.tipsco.in
https://trello.com/b/MWdyyCfA/fedora-coin-roadmap

Remember that the swap is entirely VOLUNTARY. If you don't wish to move your Tips to the new tech with the new features like privacy, faster times, new wallets, mobile/web, etc then you can stay on the original chain and keep using the legacy Tips wallets that we have built for the community.  We also ensured that several exchanges (Nova & Altilly) will keep trading the original Tips chain.

Nobody is being forced to do anything, please remember that.

Cheers,
Robots.

So checked the website but it's not clear if the swap has yet to start, ongoing or over. Since I hold several hundred million in a wallet, not on exchange, could you enlighten me if this is happening now and if so, how to go about it?

Good morning,  Gotcha. Already read the website. One clever idea to this for all the investors to be fully aware that in crypto world there is no such guaranteed profit but all is a risk. Good job

Thanks Lingo!! 

Hi Cryptoid!

Many thanks for your thoughts, we've been working pretty much full time a while now, and look forward to continuing!! 

Cheers,
Robots.

wallet Not loading anymore : getting a message that reads
DisconnectTips failed to read block !
Anybody else ?

Done that and seems to be working ! Thanks for the TIPS ....

Hey there! I would like to know how many coins will be sold during the ICO? When does the ICO start and end? How did you determine the number of coins to be sold?