Post
Topic
Board Tokens (Altcoins)
Re: [ANN] CRYPTOGENE | Blockchain solutions for Africa [ICO 24 Sep 2017]
by
Sirjamesadeiza
on 20/11/2017, 10:35:47 UTC
Ethereum Tokens
XGT (the Ethereum based token of the Cryptogene HUB) will be the base token of Cryptogene Dapps or Decentralized applications and smart contracts. This will be distributed to CGT holders on a ratio of 1:1 before its being listed on exchanges. What does this mean? If you have 1 CGT, you will be credited with 1 XGT. If you're not a holder of CGT when XGT distribution begins, you'd have to get it on exchanges when listed. Details of the distribution will be communicated soon.

https://medium.com/@cryptogene/cryptogene-ico-phase-2-detailed-announcement-2b3236127e83

Sorry, I'm a little confused, if there's an Ethereum based token for Cryptogene (XGT), what'll happen to CGT (waves based)?
Which of these two will be the primary use for the Cryptogene Ecosystem?


Both will, they each have their significant use case. Get a hold of Cryptogene whitepaper