The developer will lose their certification and will be blacklisted from ever gaining registration again from DevRegistrar.org.
If any government issues us a warrant to obtain a developers information as a result of a scam, or fraudulent act, we will contact that developer before releasing the information. The developer has 3 days in which to respond to us. After 3 days, we will hand over any/all requested information to the authorities.
You must report to the DevRegistrar.org Admin with the reasons why you want to abandon the coin. The coin will be added to the "To Be Delisted" list for one week to allow the investors to see that the coin is being deactivated.
Once the delisting request is excepted by the DevRegistrar.org Admin, the developer will remain registered and will be able to continue as a registered developer for other coins.
Yes, a developer may take over an old coin. The new developer taking over a project must contact the DevRegistration.org Admin and inform him. Contact will then be made with the current developer of the project to ensure the takeover is legitimate.
Once the original developer agrees to the takeover, the old developer will be removed from the coin listing, and the new developer will be added.