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Author Topic: [ANN][AIRDROP] XNN - XENON - Massively Distributed EOS Alt-chain  (Read 69422 times)
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September 26, 2017, 08:29:31 PM
 #1


XenonNetwork - Massively Distributed EOS Altchain - XNN

Update: 21st December 2017 - Whitepaper Updated - 2nd revision released with details regarding developer focused airdrop, block producer airdrop http://xenon.network/wp-content/uploads/2017/09/xenon-whitepaper.pdf

Update: 1st December 2017 - Next phase of distribution: - We are currently finalizing details for the next phase of token distribution.  As well as the BTC holder airdrop, we have broadened the scope of the distribution, and will be distributing tokens to:
  • Potential Developers - we see developer engagement as the most important factor for a smart contract platform.
  • Block Producers - we plan to use our tokens to help incentivize a minimum of 21 solid block producers to maintain the blockchain.  Having high quality, well-funded, well-incentivized block producers ensures the stability of the network
  • Partner Projects - we are in discussions with several existing post-ICO projects, many focused on the Ethereum blockchain.  Limitations of the Ethereum network have resulted in many projects being non-viable on the Ethereum blockchain in its present form, and we are looking at incentivizing existing projects to migrate to our blockchain using XNN token airdrops for existing holders of other native tokens.  If you are involved in a project matching this description, please contact us to discuss further.
It is likely that much of the subsequent distribution of XNN tokens will be vested and non-tradeable until the Xenon blockchain is launched.

Update: 14/11/17 - http://www.digitaljournal.com/pr/3563578 - Massively Distributed Blockchain XenonNetwork Most Widely Held Ethereum Token – Over 757,000 Holders



Update: 14/11/17 - Ethereum Network Airdrop complete - XenonNetwork is now the most widely held ethereum token - over 757,000 addresses hold Xenon.  “We believe that distribution and adoption are the most important factors determining the success of a blockchain project. We are determined to have this token in the hands of as many people as possible at the launch of the blockchain in 2018.  Already, our token is seven times more widely held than the EOS ERC-20 token, and we are excited by the potential of our future plans to continue this massive dissemination.” said Andrew Kong, Cofounder of XenonNetwork.

Update: 27/10/17 - Airdrop in progress - 310,000 addresses airdropped so far - now listed on https://coinmarketcap.com/currencies/xenon/

Update: 23/10/17 - ETHEREUM AIRDROP COMMENCED - airdrop of XNN tokens to >750,000 Ethereum addresses with >0.1 ETH at time of snapshot earlier this month has begun
- Track progress of the airdrop: https://etherscan.io/token/0xab95e915c123fded5bdfb6325e35ef5515f1ea69
 - Total XNN tokens to be airdropped: 300000000.0000000000
 - Largest ETH holding address will receive: 4327.0780497004477001 XNN
 - Addresses holding ~0.1 ETH will receive: 27.699642598250537994 XNN
 - This is a distribution that proportionally favors smaller holders as it suits our goal of widespread distribution over absolute proportionality

Exchanges Added:
https://etherdelta.com/#XNN-ETH
https://mercatox.com/exchange/XNN/ETH
https://mercatox.com/exchange/XNN/BTC




Update: ETHEREUM AIRDROP - Ethereum Network Snapshot Complete.
- Addresses with more than or equal to 0.1 eth will receive a proportional amount of XNN tokens in the next week
 - This will not be directly proportional but will be a diminishing function whereby small holdings receive more
 - Around 750,000 ethereum addresses will receive the token
 - Some large addresses such as those held by large exchanges or wallet providers may be excluded from the airdrop
 - We make no guarantees or promises as to the structure or fairness of the airdrop
 - The time taken for distribution will be dependent on ethereum network traffic and gas prices





Why Create an EOS Altchain?
- EOS promises an innovative, high-throughput enterprise blockchain  
- The development team are well funded and have a proven track record

Shortcomings of the EOS Project:
- ICO-derived launch will exclude EOS from many popular exchanges
- Distribution is limited to the small number who are buying into the ICO

The Solution:
- A massively airdropped EOS alt-chain, distributed over the next 9 months as an ERC20 token, converting to tokens on an EOS alt-chain at the time of EOS launch -~July 2018
- EOS project have declared that they will not be involved in launching a network, only in producing the open-source code.  Responsibility for launching the blockchain lies with the community
- Our aim is to be the primary, dominant chain at the time of launch due to wider distribution, stronger community and better developer engagement, as well as decreased regulatory risk by avoiding an initial coin offering

The Proposed Airdrop:
- Total tokens 1,000,000,000 XNN - 70% airdropped:
  - 300,000,000 XNN proportionally airdropped to all ether addresses with >0.1 ether
  - 300,000,000 XNN airdropped to developers, bitcoin holders and holders of tokens from other projects with potential synergies
  - 100,000,000 XNN airdropped to block producers
 - Much of the remaining XNN will be used in social media/bounty/referral campaigns and developer incentives

Roadmap:
 - September 2017: Social media/bounty/referral campaigns begin
 - October 2017: Ethereum network-wide airdrop
 - November 2017: Bitcoin proof-of-holding airdrop
 - October 2017 to June 2018: Web-based airdrop via proof-of-individuality
 - July 2018: Conversion of ERC20 XNN tokens to Xenon coins on newly-launched blockchain

Social Media:
 - Slack
 - Twitter
 - Reddit to follow
 - Social media/bounty/referral campaigns to follow

We Are Currently Looking for Partners for the Project.  If you believe you have skills/qualifications/contacts which could add value, we would love to hear from you.  Post in this thread or private message us for more information.
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September 26, 2017, 08:33:08 PM
 #2

what is  proof-of-individuality mechanisms exactly? how to receive airdrop if don't have too many ETH?

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tusandii
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September 26, 2017, 08:35:58 PM
 #3

looks very interesting, its like what happened with omise go. so that was meant Airdrop will be automatically for all ethereum holder? please correct me if I am wrong

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September 26, 2017, 08:36:19 PM
 #4

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September 26, 2017, 08:41:41 PM
 #5

I've been very interested in the possibilities of the EOS project.  I'll be keeping an eye on this thread as it looks like it might be quite promising.  Nice idea!

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September 26, 2017, 08:43:03 PM
 #6

So you're planning on waiting for the EOS team to spend a shitload of time and resources developing their platform and then try to profit from it? that's about the laziest thing i've seen here in a while
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September 26, 2017, 08:43:40 PM
 #7

what is  proof-of-individuality mechanisms exactly? how to receive airdrop if don't have too many ETH?

The function of proof-of-individuality airdrop is to distribute tokens to individuals in a way that prevents sybil (fake person) attacks.  

Current mechanisms used are:
 - Uploading KYC documents - such as passports - high security risk, and people are now accumulating passport scans for this purpose
 - Social media account verification - eg. link your identity to facebook/linkedin/twitter - some security risks, and also carries issues with fake accounts and account hacking
 - Phone verification - simcards cost almost nothing in most parts of the world now

Proposed mechanisms for fairer proof-of-individuality involve simultaneous video conference parties based on http://www.brynosaurus.com/log/2007/0327-PseudonymParties.pdf in which participants verify each other's identities at a single point in time to identify individuality.

We have a web-based implementation of this involving the ethereum blockchain.  The proposed model will be monthly simultaneous video-conference events in which unique people are rewarded with tokens.  
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September 26, 2017, 08:47:51 PM
 #8

So you're planning on waiting for the EOS team to spend a shitload of time and resources developing their platform and then try to profit from it? that's about the laziest thing i've seen here in a while

Yes.

We are comforted by the fact that the EOS team have stated that their developments costs were already covered prior to their crowdsale, and the 200++ million from the crowdsale is pure profit for them.

Although we are piggybacking their development, we are however spending a significant amount of money and time to distribute Xenon as widely as possible.  
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September 26, 2017, 09:09:54 PM
 #9

which day will you make snapshot of ether network?

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September 26, 2017, 09:17:47 PM
 #10

which day will you make snapshot of ether network?

Our dev is currently compiling the ethereum addresses but the final blocks included in the snapshot are likely to be in the first few days of October.  More information will be given closer to the time.
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September 26, 2017, 09:37:23 PM
 #11

hi,

how to join airdrop ?

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.SEMUX
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September 26, 2017, 09:43:09 PM
 #12

Nice waiting for airdrop bounty, btw September almost over so the campaign and bounty will be announced soon right
Good Luck.
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September 26, 2017, 09:43:34 PM
 #13

how does this airdrop work, will coin divide automatically all eth addresses or all bitcoin holders? the division will be the same as bcc coin?

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September 26, 2017, 09:46:17 PM
 #14

looks very interesting, its like what happened with omise go. so that was meant Airdrop will be automatically for all ethereum holder? please correct me if I am wrong

yes - correct.  similar to omisego airdrop, however our airdropped tokens will represent a far larger portion of total market cap.
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September 26, 2017, 09:58:21 PM
 #15

Reserve indonesian translation
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September 26, 2017, 10:01:26 PM
 #16

Hi ! that's an interesting airdrop good luck. i'am following  Wink

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September 26, 2017, 10:11:25 PM
 #17

looking to hear more.

 
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September 26, 2017, 10:12:42 PM
 #18

So intersted
But how can I join ur airdrop ?
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September 26, 2017, 10:13:04 PM
 #19

Will the coins be dropped automatically via snapshot or do we have to claim manually?

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September 26, 2017, 10:15:29 PM
 #20

Sounds great. How Can I apply for the airdrop?

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