Post
Topic
Board Announcements (Altcoins)
Re: [NEW XBY ANN] XTRABYTES - A NEW ERA BEGINS
by
Ganjamouse
on 31/07/2020, 16:22:53 UTC
Amine (Freeman99)Today at 7:26 AM
 

One month ago, we announced to the community that we listed XBY on the ProBit exchange. The next target was to have enough funds to list XFUEL
 
As you are all aware XFUEL is extremely important to our environment. It is our development token and the first added token on the XTRABYTES ecosystem. As such, it serves as a way to fund XTRABYTES and encourage project participation. It is also a proof of concept for the PoSign consensus algorithm by running on a lite version of PoSign which doesn't require miners to secure the chain. As a monetary incentive, XFUEL enables the project to pay participants for their time and efforts. Without XFUEL, it would have been impossible to start and build out the XTRABYTES project. XTRABYTES did not conduct an ICO, meaning there was no ICO funding available to compensate project contributors. Development would have been incremental at best.
 
Unfortunately, the donations received were far from the target to list XFUEL. However, team members have been very generous and as such, we are very pleased to announce that we have officially started the integration and listing process of XFUEL on ProBit. Following the listing, we will contact the aggregation websites (CoinMarketCap, CoinGecko, CoinPaprika…) to have XFUEL properly reflected.
 
Once again the integration process will take approximately 1 week and we will keep you updated on the process.
 
Please don’t hesitate to contact me on the chat if you have questions/comments.
 
Regards
Amine(Freeman99)

What is the daily volume the you (XBY members) expect for XFUEL on Probit?
The demand/offer ratio is completely broken on that one IMO.