PIEXGO will launch its cryptocurrency, the PIEXGO TOKEN (PXG) at 20:00 (UTC+8) on April 29, 2019. The PXG/ETH pair will commence with 500,000 PXGs released daily as a trading incentive.
The total amount of tokens issued is 10 billion PXG. Distribution is as follows:
- Ecological creation and incentives: 40% (gradual release with reward mechanisms, with additional mechanisms announced as developments occur)
- Private placement: 33% (unlocked on three dates: first 30% unlocked on April 29; next 30% unlocked on July 29; final tranche (40%) unlocked on October 29)
- Founding team: 15% (fully locked; the unlock date will be announced one month before)
- Early investors: 7% (fully locked; the unlock date will be announced five months before)
- Consultant and legal: 5% (fully locked; the unlock date will be announced five months before)
Thank you for your support of PIEXGO…stay tuned!
April 25, 2019