Some updated info on the bitcoin airdrop from the new white papers ... we must for their mechanism to be in place. Also, no meantion of the proof of individuality airdrop in the new papers? Is that cancelled?
30% of XNN tokens will be distributed to developers in order to incentivize particication in and development on our platform, to bitcoin holders, and potentially to holders of tokens in external projects which make some commitment to launching on the Xenon platform. Bitcoin distribution will occur through a mechanism whereby Bitcoin holders use their bitcoin addresses to sign a nominated ethereum address, linking these and therefore allowing proportional distribution of XNN tokens to linked ethereum addresses. This will occur on a monthly basis up until June, 2018.
The method of distribution of coins is very interesting. But so far nothing is clear how this will happen. Many of us have multiple Btc addresses, not everyone wants to bother with extracting all private keys from the application. Although it all depends on the potential reward for it.30% of XNN tokens will be distributed to developers in order to incentivize particication in and development on our platform, to bitcoin holders, and potentially to holders of tokens in external projects which make some commitment to launching on the Xenon platform. Bitcoin distribution will occur through a mechanism whereby Bitcoin holders use their bitcoin addresses to sign a nominated ethereum address, linking these and therefore allowing proportional distribution of XNN tokens to linked ethereum addresses. This will occur on a monthly basis up until June, 2018.
It's also my concern.
No any details about the dev, the technology, the distribution model.
I am afraid that this will be another trap of free coin : free distributed, dump and vanish.
