About

As an outstanding representative of public chains in the era of Blockchain 4.0, X-Block is the first global public chain built on the Fog computing framework, which aims at creating a user-friendly, convenient and open light eco-blockchain. Relying on the Fog computing framework, X-Block can, utilize various heterogeneous devices (including personal computers, smartphones, routers, etc.) to form a decentralized computing engine. By creatively designing the “Galaxy Super-Contract”, it enables the smart contract to maximally invoke the powerful Fog computing proprietary technology. Meanwhile, computing resources of the surrounding idle equipment can be integrated via X-Block. This will further empower the blockchain to be integrated into everyday technological processes. Such as artificial intelligence, big data and Internet of Things. Thus, a disrupting smart blockchain era can be ushered in to deeply promote applications of blockchain technology in day-to-day life. X-Block is committed to the construction of a complete blockchain ecosystem and X-Block has built X-Change along with X-Block’s fog computing and blockchain tools to accomplish the token ecosystem. X-Change is a community-autonomous exchange that incorporates X-Block tokens with trading and mining.

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KEY FEATURES

X-Block aims at creating a user-friendly, convenient and lightweight blockchain with the following features:

– Low participation threshold and compatibility with heterogeneous devices. Everything from IoT devices to powerful servers can contribute equally;

– Extremely lightweight byzantine agreement protocol to reduce overhead and save computation power for the important work of Fog Computing;

– Integration with other main chains to create diverse cross-chain applications;

– Developer-friendly API and easy-to-use client-facing applications;

– Low latency, high speed, and massive throughput to allow for quick and smooth operation.

IEO’s Details

  • GENERAL INFORMATION

  • IEO Platform:

  • IEO Opening Date:

    Apr 22nd, 2019 5:00 am (UTC)

  • IEO Closing Date:

    To be announced (UTC)

  • TOKEN DETAILS

  • Symbol:

    IXB

  • Blockchain Type:

    Ethereum

  • Role of Token:

    Utility

  • Finance Information

  • Public Sale Hard Cap:

    1 000 000 USD

  • Total Token Supply:

    5 000 000 000 IXB

  • Tokens for Public Sale:

    180 000 000 IXB (3.6000% of total token supply)

  • Public Sale Token Price:

    1 IXB = 0.0055 USD

  • Public Sale Vesting Period:

    No lockup

  • Token Distribution

    Release on the day after lottery

  • Token Sale Format

    Standard

  • Private Sale Token Price

    1 IXB = 0.0056 USD

  • Private Sale Allocation

    5

  • Private Sale Vesting Period

    Release 50% on the 1st and 3rd month after TGE

  • Seed Sale Token Price

    0.0033

  • Seed Sale Allocation

    3

  • Seed Sale Allocation

    Release 50% on the 1st and 3rd month after TGE

  • Legal Information

  • Company Name:

    X-Block Foundation LTD.

  • KYC:

    Required

  • Restricted Areas:

    People’s Republic of China, United States, New Zealand, Canada, and OFAC sanctioned states.

Team

  • Robert Wong

    Robert Wong

    Project Lead and Co-founder

  • Jane Lang

    Jane Lang

    Sr. Software Engineer

  • Jony Lee

    Jony Lee

    Sr. Software Engineer

  • Dylan Hung

    Dylan Hung

    Sr. Software Engineer

  • Shubham

    Shubham

    BD Managemer at Silicon Valley

Advisors

  • Anthurine Xiang

    Anthurine Xiang

  • Ryan Fang

    Ryan Fang

  • Sarah Peretz

    Sarah Peretz

Initial Offering News