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1  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] XSL Labs - Your Data Belongs To You on: November 07, 2020, 12:25:58 PM
does this project already run on its own blockchain or this is a kind of tokens thats created on ethereum network or others network ?
by the way i read this in official site

CURRENT PHASE

0.002$ per SYL
(50% of the supply available at this price)

NEXT PHASE

0.003$ the SYL
(50% of the supply available at this price)


does this mean the team will not hold any tokens because 50% of supply will go to the 1st phase and the rest wich mean about 50% of supply will be in next phase ? please correct me if i'am wrong


At first, it will be on the ethereum network and later it will be on its own blockchain. 70% of the offer is available for sale while 30% is in an escrow account. The 50% is calculated on the basis of the offer available for sale and not on the total offer.


so, all 50% in current phase and next phase was calculated from 70% divided 2, is that you mean ?
then what for with the other 30% as you said its escorwed mr. Simon-er ?
by the way who are you mr. Simon-er ? you knew a lot about this project, did you a part from the team of this project ?
thanks

I'm an investisor. The escrow account should be used to feed the SYL ecosystem. You can find all information’s in the white paper. The obligation to create a node to develop an application on the ecosystem imposes a natural decentralization that’s can’t found in other projects or similars projects. Today, investors are watching the Defi, but big data is another level. That's will be going to be the center of interest for the entire decade.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] XSL Labs - Your Data Belongs To You on: November 06, 2020, 01:56:14 PM
does this project already run on its own blockchain or this is a kind of tokens thats created on ethereum network or others network ?
by the way i read this in official site

CURRENT PHASE

0.002$ per SYL
(50% of the supply available at this price)

NEXT PHASE

0.003$ the SYL
(50% of the supply available at this price)


does this mean the team will not hold any tokens because 50% of supply will go to the 1st phase and the rest wich mean about 50% of supply will be in next phase ? please correct me if i'am wrong


At first, it will be on the ethereum network and later it will be on its own blockchain. 70% of the offer is available for sale while 30% is in an escrow account. The 50% is calculated on the basis of the offer available for sale and not on the total offer.
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