Hi Xpose Community,
We have just released the new tokenomics for Xpose Protocol and we are excited to explain how this affects the community moving forward, and more importantly, how this affects YOU – our early adopters.
We needed to restructure and develop a new technical approach to allow the Xpose community to execute the great utilities that you may have seen in the Litepaper that we released recently. Additionally, we had to refine some of the features of the XPOSE Token Smart Contract to ensure its feasibility within a utility driven ecosystem. Hence, we are going to be replacing the XPOSE token with the brand new, super-improved XPS token.
Xpose truly values its community and we have made sure that our early supporters are well compensated for their loyalty. This means that anyone who holds XPOSE will soon be able to swap their XPOSE tokens for the new XPS tokens.
To make this transition process run seamlessly, we have created the following process:
To protect our long-term Xpose holders we have decided that any Xpose Token purchased after 21st of July (12:00 PM CET) will not be eligible to participate in the Xpose to XPS swap at the price we have locked in on June 27th.
All the tokens that are purchased after 21st of July (12:00 PM CET) will be exchanged for the value of the old currency at that time. So, if you have a value of $500 you will get back the same value in XPS Tokens.
If you purchased Tokens before and after 21st of July (12:00 PM CET) only the Tokens before this date and time will participate in the fixed price of June 27. The Tokens you purchased after this time and date will be swapped at the current exchange rate at that time.
The Xpose team believes in the future potential of the Xpose Community to generate a significant impact in the blockchain and global marketing space. We have taken these big steps to secure the future of our project and ensure sustainability, growth, and profitability for our community.
We thank you for your support and we hope to see our relationship continue to grow stronger.