I want to take a moment to go over the pre-mine with a greater level of detail.
We have not run a presale or ICO using the premined coins, so the total breakdown is as follows:
1) Digifel Community Rescue Airdrop = 366,000 XCG
2) Charity masternode = 50,000 XCG
3) Stable shared masternode = 50,000 XCG
4) Development services rendered = 350,000 XCG
5) Marketing and partnership = 15,000 XCG
6) Remainder for buyxcg wallet = 1,869,000 XCG
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Total = 2,700,000 XCG
Digifel Community Rescue Airdrop:
This project was inspired by the unfortunate circumstances that befell the Digifel community. We promised an airdrop to those community members that stuck by us and helped to support us as we took on this great endevour. So we kept our word and provided swaps for many members who continue to stand with us today.
Charity Masternode:
We provide investors the opportunity to donate major cryptocurrencies (btc, ltc, etc..) to our chosen charitable organizations and in return we will pass the qualified tax-deductions back to them, in addition to rewarding them with XCG as a thank you for giving back. To facilitate the continual availability of this system we have spun up a MN to generate coins for this purpose. The address for this masternode is: Xxe9PGHzXpDZJDnwzQPQ8KjLWzPFmpgEPW
Stable Shared Masternode:
The purpose of this masternode is to both help stabilize the network and price of the coin. In essence, participants lock their coins down for a 1 year time period and in return are given back a share of the profits generated from the masternode. The idea is to provide initial investors the chance to cash out on their investment a little at a time while still keeping a large chunk of the circulating supply locked down.
Development Services Rendered Payments:
The two co-founders of this project have donated their time and personal funds to the creation and progression of this project, but some services (web design / hosting management, coding / scripting support, social media support, etc...) had to be paid for in order to push the project forward into a reasonable time frame.
Marketing and Partnership Payments:
We decided to take a creative approach to marketing and secured partnership agreements with various individuals and organizations using XCG in leu of using presale funding.
Remainder for Buyxcg Wallet function:
We offer an in-wallet means of purchasing XCG for those who want to invest in our project or purchase coins form us for use in the escrow service.
PARTNERS
Mayfield Technology Group is partnering with XCGTech and will soon be accepting Xchange coin from their clients as a payment option for services.
https://www.mayfieldinc.net/
