What is HOT? When can I swap it for SpaceFuel?

SpaceToken (HOT) is a placeholder that will be convertible 1:1 for SpaceFuel during the 6 month swap period after the Space Beta release.

HOT is an ERC-20 token sold as an IOU for SpaceFuel during our Initial Community Offering (ICO) in April 2018. The funds raised are being used for the development of Space and Spacechain, which are the underlying technological infrastructure.

Regardless of the past monetary value of either HOT or SpaceFuel, HOT will be accepted as a straight swap during the 6-month swap period. It will be 1 HOT for 1 SpaceFuel. You will still be able to purchase SpaceFuel with HOT following the guaranteed swap period, but the prices may vary from 1:1.