Quote from: Bytales on May 09, 2018, 09:12:09 AM

Quote from: Mi chael on May 09, 2018, 06:12:42 AM

where and when will the listing take place?
egretia

We have concluded the Lottery, which went on untill Block 43500. After this, which is now, the Auction for coins will be taking place.
We have, if i am not mistaken, gathered a bit less than half of what we Need for our first listing on Coin-Exchange.io. The remainder of the funds will be gather via Auctioning, where with People will get the oportunity to buy the COIN directly from the Team, before the Exchange listing will happen.

As the Sentiment seems to be right now, there are very very few those that would be willing to sell their coin, so the Price might get multiples times higher once the Exchange listing happens.

That would mean getting the coins now in auction would be the best opportunity to get them.
And even after listing, People are not that willing to part with their coin, because of the Staking mechanism.

Which by the way, we have Transition to succesfully, the POS Phase. No more Mining, Now XUEZ is full proof of stake.
The only way to get new coin is to have coin, and the only way to have coin, is to get it from those that have it. And if those that have it dont want to sell it, because they themselves would be producing less, then the Price will climb pretty fast.

For now the number of coins are extremly low, 2.5 mil, but 1 mil out of this is the community fund. So the circulating supply is only 1.5 mil. Which is extremly low.

You could wait for listing and not get them in the auction, but then if you were to get them in the auction, you would have them now, and they would stake now; When the listing is on, they may very well be 2 or 3 times more expensive than listing. People often talked of more than 10 euros per coin, whereas now you can get 1000 coins with 0.4 BTC, or 500 coins with 0.25 BTC.

Total number of coins should actually be 21 million, not 2.5 million.
Out of the 2,446,210.1 "premine", 1,364,617.77358933 were distributed to previous XIOS holders who registered for the swap.
The remaining funds will be used for promotion and exchange fees, which are hilarious these days.
So, our premine is a little over 5% and exchanges will likely get most of that.

davembg

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