XNN Tokens of the Blockchain XenonNetwork become the most widely distributed - More than 757,000 addresses
XenonNetwork, a business-scale blockchain to be launched in July 2018, completed the first stage of its massive distribution of XNN tokens over a 12-day period from late October to November 6. The Xenon XNN is now the most widely maintained token in the Ethereum network, with more than 757,000 individual addresses holding a share of the distributed 300,000,000 XNN.
The early negotiation of the chip in international exchanges has valued the total market capitalization of the 1 billion tokens associated with the project at around $ 15 million.
The initial token distribution of the XenonNetwork blockchain will be derived from the possession of XNN ERC-20 tokens in the Ethereum network, and will result in a massively distributed network based on the open source software EOS.
"We believe that distribution and adoption are the most important factors that determine the success of a blockchain project. We are determined that this token be in the hands of as many people as possible at the launch of the blockchain in 2018. Our token is already seven times larger than the EOS ERC-20 card, and we are excited about the potential of our future plans to continue this massive dissemination, "said Andrew Kong, co-founder of XenonNetwork.
The organization proposes to further distribute the Xenon tokens in the following way:
Up to 20 percent of the Xenon tokens will be distributed to bitcoin holders based on tenure tests in the coming months.
An additional 20 percent of Xenon's tokens will be distributed using individuality testing mechanisms to encourage the widespread circulation of tokens.
Additional distribution to more recent Ethereum users will occur in 2018.
A part of the remaining tokens will be distributed to encourage development, project promotion and block producers.
Website - http://xenon.network/
White paper - http://xenon.network/wp-content/uploads/2017/09/xenon-whitepaper.pdf
Bitcointalk - https://bitcointalk.org/index.php?topic=2209559
Contact with the Media
Name: Andrew Kong, co-founder
Email: [email protected]