Project Decorum started in 2016 with the goal to develop a social media platform and protocol on the SAFE Network. As of yet it has not been possible to realize this goal due to delays in the realization of the SAFE Network. Although Project Decorum's dependency on the SAFE Network and the risk of the SAFE Network not living up to expectations were properly disclosed at the time of the PDC crowdsale, I would hereby like to offer to (re)purchase PDC from any current PDC owners. This offer is done in the interest of maintaining and fostering a positive-minded community.

To be clear, this offer does not implicate the end of Project Decorum. The continuous hard work of MaidSafe on the SAFE Network keeps us optimistic for the future of this project. Making use of this offer is optional, although you should not expect an offer like this to be made again in the future. Those who opt to hold on to their PDC should be mindful of the risks previously set out in the crowdsale's Risk Disclosure document, in particular Project Decorum's dependence on a stable and functional SAFE Network. This implies, among other things, the following:

  • You should not have expectations of a future pivot away from SAFE Network to a different framework or platform.

  • You should in any case not expect Project Decorum to be able to realize the envisioned products while the SAFE Network is unstable, non-functional or otherwise unavailable.

  • Project Decorum depends on the successful development of the SAFE Network, which has an experimental nature and thus a non-zero risk of failure.

This text is not intended and should not be understood as financial advice. If you are in doubt regarding any of this, consult with a professional financial advisor. In addition, please be reminded that PDC tokens are not equity and should not be expected to have any future market value.

This repurchase offer is non-negotiable, counter-offers will not be considered. This offer is valid for your acceptance until 4 April 2022 23:59 GMT. This means that the transfer must be completed and the relevant PDC transaction must be confirmed on the blockchain ultimately on that date. By accepting the offer, you agree with full and final discharge of any liability related to Project Decorum. The correct handling of your PDC tokens, as well as their transaction costs, are fully your responsibility. The offer is subject to Dutch law, and under exclusive jurisdiction of the Dutch courts.

The offer may be cancelled prematurely at any time for any reason to accommodate for unforeseen circumstances, including but not limited to: market fluctuations, issues with the Bitcoin or Ethereum ecosystems, or any regulatory or legal actions. If the offer is cancelled, any PDC not yet compensated will be sent back to their originating address.

The offer is to buy your PDC for a purchase price of 0.10 USDC per PDC token.

The PDC tokens should be sent to the Ethereum address displayed below. The respective USDC will be sent in due course to the originating address, so make sure you have full control over the address from which you will send the PDC.

0x17F7db76a7e2A9107d6205B4a2eBfF32b5638720

Note that you will need an appropriate amount of ETH on your Ethereum address for transaction costs to be able to transfer the PDC and later your USDC.

Those who haven't already transferred their PDC from the Bitcoin to the Ethereum blockchain can do so with the following tool in order to make use of this offer:

https://project-decorum.github.io/pdc-erc20-transition/#/1

The sending of USDC will involve manual checks, so it will not be instant. The goal is to process USDC transactions several times per week, but there is always a possibility of a longer delay. Thank you for your patience.

For further questions and support, please send an e-mail to:

support@project-decorum.com