Post
Topic
Board Announcements (Altcoins)
Re: ►►►[XBC] BitcoinPlus ►Official Thread◄官方公告◄◄◄
by
BitcoinPlusBus
on 05/12/2017, 10:34:55 UTC
Does anyone know how much was raised during the ICO? Was there a cap, and was it reached?

this is one of the questions of the Binance Listing Application Form and i was wondering for myself too out of curiosity.


Nothing was raised through an ICO.Some community members took over the coin after it was abandoned and funded development themselves.Coin holders were given free coins on a 1:1 swap basis for the newly developed coin on a whole new chain.

How were the original coins distributed? though an ICO?

The old XBC that was abandoned was distributed on Poloniex back in 2014.It probably was some form of ICO but the developer put nothing into the coin and abandoned any of us who bought coins.Some others then stepped in and ran it for a while until they decided to call it a day and we were left without anyone to take over.That's when the old coin/chain stalled.Its all on the website history part.