Delivering some news regarding future development, which I am sure you're going to love, because some of them will make XGS stand out!
Here is how this will work and will make your life better as an XGS adopter. We started this project wanting to make sure it's not just a masternode coin that people will only use to speculate earnings from it. Though we know we can't control how people decide to make use of their investment, we are hoping that our work will motivate people to value XGS and hold it for long term. It already has and will have several other
purposes. Will not deliver any terms yet, because some of these features might be available on the short term, while others will require more time. Considering that we are already ahead of our roadmap, please take a look at this:
- website will soon be updated with all the necesary info. Fix outdated links, make information more clear for new potential investors, etc
- storage platform already in beta testing for the users that managed to register
- adword and facebook campaign will soon be rolled out. Funds were already allocated from my personal wallet
- new wallet release being worked on for governance implementation which is already successfully running in testnet
New features that will be implemented into GenesisX roadmap:
-Capability to SELL FILES using our secured platform, for XGS coins, thus making use of the blockchain!
-Invoicing Platform/Sales management Platform
-URL shortener
-Live Chat
-Social Network Area
-Media sharing Platform (like Tumblr) Platform
-Facebook/Instagram Auto Poster Platform
-Website Building Platform
-Project Management Platform
-Newsletter/Email marketing Platform
-SEO tools Platform
-Crypto Search Engine
-Database Platform
This being said, you have to agree that development requires funds. Besides our own funds that we invested and will continue to invest, we will have to also make use of the premine. This is the current situation:
```8th of July, 2018: 1,117,298 XGS (69.41%) out of 1,609,585 (100%)
Premine: 82,298 XGS (5.11%)
Masternodes: 1,035,000 XGS (64.30%)```
We will not merge the premine! We will start staking only one of the 2 shares of the premine for 1 month. We haven't sold any coins on the exchange since the presale and only used some of it for direct payments regarding the development. Will still continue to keep them locked, but you have to agree that the funds will
be depleted at some point. This staking will not bring that much, but it has to be done in order to ensure there is some form of income for development funds until governance and budgeting will be implemented