Jul. 9-21, 2018
Jul. 28, 2018
Aug. 21, 2018
Aug. 29, 2018
ET is the token issued by EXX. The entire issued ET base equates to the overall ownership of EXX trading platform which adopts an innovative “Trans-Fee Mining” model. The total number of issued ETs is set at 10 billion and will never increase. EXX, the platform, will instantaneously distribute the bulk of its revenue to ET holders. At the same time, ET holders have certain rights in governing the community.
EXX is committed to create an autonomous, efficient and transparent digital assets trading platform that allows traders and investors to safely trade any size of digital assets without worrying about the impartiality and transparency of this platform, or the integrity and robustness of the order handling systems. While EXX is not a company in the traditional sense, it takes a crucial step in evolving the digital assets trading platform into a revolutionary “community”. The EXX community is an open and transparent token-based organization. Each ET (EXX Token) holder has the right to participate in community activities such as partaking in the community’s revenues distribution, business decision, management team election and so on. EXX is a “community” organization of all ET holders, by all ET holders, and for all ET holders.
Token as circulated-encrypted certificates allowing various digitized rights, will become the basis of the future digital economy. ET as the representation of EXX community stake, is the cornerstone of EXX community governance.
80% of the income from the EXX digital transaction platform is allocated to circulative ET holders and 15% serves as the rewards for the promotion campaign in the EXX transaction platform.
EXX community uses smart contract voting to allow ET holders to participate in decision-making in the daily businesses of the platform. Business decision includes but not limited to distribution proportion, transaction fee and transaction related matters.
EXX community committee members are elected for limited periods. ET holders can participate committee election, or supervise platform transparency and conduct due diligence on committee members.
“Trans-Fee Mining”, get ET through transaction fees reimbursement.
Users can buy and hold ETs via exchanging.