What is XT?
XT is XT.COM platform point based on ERC20 standard of Ethereum block chain, which bears community rights and interests, circulation attribute and value attribute. The total supply of XT is 1 billion, with no additional issuance forever.
XT Fund will incubate and invest in outstanding block chain projects , and promote the diversification of XT.COM ecosystem and the development of global block chain industry.
20% XT will be used for function development , system operation and maintenance of the XT platform, including providing incentives for team members, research and development funds, etc.
Half of XT (50%) is giving back to members/users who recommend the corresponding new users and producing transaction commission.
10% is used for brand building, operation and promotion of XT platform, including continuous promotion and popularization of XT platform for traditional industries and block chain industries, providing financial support for various market activities, ensuring that XT platform is quickly recognized by the market and accumulating transaction users.
As a certificate of the cryptographic digital rights that can be circulated around the world, token is an important feature of digital asset exchanges, and it is bound to become an indispensable element in the future digital economy era. XT is a certificate of XT.COM exchange's rights and benefits, and it is also a certificate for XT's global community members to participate in community governance.
XT Holder’s Rights
The XT Token (XT) as a circulated-encrypted certificate to various digitized rights, will become the basis of the platform’s future digital economy. The XT represents a stake in the XT community, it is the cornerstone of XT community governance.
XT’s revenue will be distributed to XT holders at a fixed proportion. Distribution proportion: 80% for XT holders, and 20% for XT development and operation.
XT community uses smart contract voting to allow XT holders to participate in important business decisions. The scope of business decision-making includes transaction fees, transaction categories, etc.
Election and Supervision Rights
XT community committee members are regularly replaced. XT holders can participate in committee election, supervise platform transparency and carry out due diligence on committee members.
New project recommendation
Users who hold 1.8 million XTs (which may be adjusted according to the total number of professional nodes in the future) can apply to become professional nodes of XT.com and be eligible to recommend new projects to list on XT.com.