Observer (OBSR) Migration to Mainnet and Enhanced Security Measures
April 3, 2025
Major Takeaways
- Migration & Enhanced Security: OBSR token holders are transitioning from the KCT version to the new GCI network due to recent malicious attacks. The integration with GOTG’s security infrastructure provides multiple enhanced security layers.
- Security Incident Details: The Observer project was targeted by North Korean hackers who hijacked official social media accounts and contract data, exposing vulnerabilities in the system.
- Swap Bridge & Deadlines: A swap bridge for converting KCT OBSR tokens to GCI network, OBSR will open on April 5th, 2025, and support for KCT-based OBSR will be discontinued as of April 26th, 2025.
Important Details
- Observer (GCI) Price: $0.0483
- Swap for OBSR holders will open on April 5, 2025 through the GOTG Vault Migration Portal – https://gotgvault.io/wallet/migrate
- Swap Ratio: 1:1
- Swap Deadline: April 26, 2025
- KCT-based OBSR will no longer be supported after April 26, 2024.
- OBSR holders are urged to swap their tokens to the GCI version before the deadline.
How to Swap
- Create an account on GOTG Vault
- Go to Crypto Migration or Migration Portal
- Select Observer – KCT Based (OBSR) and enter the amount, then click Proceed
- Once the swap is confirmed, your new coins will be available in your wallet balance.
Partners & Sponsors
