The reasoning behind 10:1 is simple.
It’s just an order of magnitude change and it makes for simpler math than say (3:1 or 5:1).
This is a token conversion so it will have a fresh chart. There’s no reason to go back and think about the old chart and what ifs around RBW’s history. The key here is exposing the largest L2 in all of crypto to the new CU token and wider Crypto Unicorns project as the game migration completes.
You should be asking yourself what new people care about. They want to see a promising token tied to a massive gaming ecosystem about to launch imminently on XAI. As someone who has been here for over 2 years at this point I understand your bias toward the current system.
I can’t speak to anyone’s personal tax implications. I can say that from LG’s perspective this is not a taxable event.