Quote from: XBYGolden on September 14, 2019, 04:46:43 PM

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How many of these XIP tokens are you going to be Creating ? and that wont happen before Everything is Pending and Verified right ?
You Doubled the coin supply with Xfuel .. and now you are adding XIP so from 650 m to 1.3 B and now you are adding How many more potentially ?
In Crypto Value is in big part Supply and Demand if you go on Adding more to the supply and its not a Fixed total it hard to invest in something .

"we believe its far better to simply incorporate two coins to meet this need."
how is this any better then using side chains ?

XIP is not a coin, it is the tokenisation of the shares of Xtrabytes Intellectual Property Inc. which mean that XIP is a product you can purchase using XBY & XFUEL much like you can "buy" a node. This is how you use blockchain to regulate ownership of goods, so instead of receiving a paper receipt for your share you receive a token. You will not be able you use XIP to use any of the dAPPs running on our platform, the XIP token is a proof of ownership of the share that is associated with it.

I don't think we stated that our solutions is better than using sidechains, we just believe that using to different coins which each have their own blockchain with their own technical specifications is a good solutions for what we want to accomplish.

So what your saying is that for every XIP token bought the supply of Xfuel/XBY will be reduced by 1k or those will be Locked away ? if not you are effectively adding 1k of those tokens for every XIP sold.