The xx network will support decentralized messaging, payments, and dApps and was designed in response to growing public concern for user privacy as well as the emerging threat of quantum computing.
在创世区块中，将铸造10亿枚xx货币 。首次分发的电子货币将通过ERC 1404智能合约流向非美籍人员。通过MainNet，智能合约预计可以通过中间智能合约转换为xx network上的官方xx货币。
公司共有70％的xx coin保留用于出售或其他处置。这些xx硬币旨在通过MainNet的发布通过公开销售、私人销售、拍卖和社区激励计划向社区分配或分配给社区。 25％ 硬币保留给项目创建者和WBM Corp.（Praxxis软件的开发者）以及 5％ 为 xx network生态系统 （开发者奖项等）保留。
Early Private Sale of Tokens accounts for about 2.5% of the network. In return for their early support, Private Sale investors were offered a 20% discount. This discount was also extended to AlphaNet nodes for up to $100,000 per node. Read more in our press release. Tokens for the early Private Sale are being distributed in both SAFTs and ERC-1404 Tokens and will be subject to the same randomly assigned lockup explained below.
The Tokens in the initial Public Sale will be sold at $0.35 to qualified participants who want to help grow the xx network.
The Referral Sale allowed early supporters of the xx network to receive rewards for helping to drive true decentralization of the xx network, which is achieved by ensuring wide and distributed participation by global participants in the xx network and xx coin sale. Tokens in the Referral Sale were sold at $0.36 to qualified participants and the minimum participation was $100 USD. Referral Sale rules were published in this blog.
Funds from the sale of xx coins will be used to grow the xx network by completing Praxxis and Elixxir software development and by deploying the xx network beta. Demonstration of messaging, payment and dApp functionality will also be supported prior to MainNet.
Finally, we will continue to grow the xx collective global community. The plan is to prove out xx network performance and potential as a dominant global blockchain platform prior to MainNet and by so doing we can support the healthy growth of the xx network.
Because we believe in a fully distributed network and are focused on broad ownership, the cap for participation for each person or entity was $500,000.
U.S. persons were excluded from this initial Public Sale and Referral Sale as a result of regulatory uncertainty regarding the treatment of digital currencies by the U.S. government. It is our hope that regulations will be clarified soon so that U.S. persons can participate fully in the development of the xx network.
Tokens were distributed in batches for the seven days prior. For example, for the Initial Public Sale, Tokens purchased between Thursday, January 23rd 23:00 GMT and Thursday, January 30th 23:00 GMT were distributed on Friday, January 31st at 23:00 GMT. Distributions for the referral sale were on Mondays.
All tokens earned through referrals (Bonus Tokens and Percentage Tokens) were rounded down to the nearest token and distributed on March 23rd.
Prior to the beginning of the initial Public Sale, we minted enough Tokens to provide Tokens as needed for the early Private Sale, the initial Public Sale and the Referral Sale.
Undistributed Tokens were returned to the 70% pool of Tokens/Coins for Coin Purchasers.
All ERC-1404 Tokens (including Tokens from the early Private Sale) are subject to a lockup for at least a year. The beginning of the lockup period for trading ERC-1404 Tokens before MainNet are based on the week each contribution was made as laid out below.
届时将设置一个随机分配的延长禁售期，从而可让整个禁售期长达1年零120天。
Tokens will be unlocked at these different random intervals in order to avoid flooding the market. As the xx coins will be used to drive the growth and use of the xx network globally, we will work to establish coverage by exchanges to allow trading access around the world.
The additional lockup periods are based on the purchase period as follows (each lockup period including this random lockup period in addition to the standard one-year lockup):
我们正在研究为非美籍投资者尽早开放tokens交易的可能性选择，并将于未来几个月内提供更多细节。在这种情况下，随机分配的延长禁售期将于交易之初即时启动。
Tokens were distributed to the ethereum address provided by each Purchaser. The Tokens can be held in any ethereum wallet that supports custom ERC-20 tokens that is not an exchange wallet. For more info on wallets, check out our wallet quickstart guide.
按照xx电子货币隐私政策处理首次公开发售流程要求的私人个人信息。
Checkout the xx network site, and learn about the technology underpinning the xx coin.
