Piexgo reporter
Apr 25 · 1 min read

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.

Tokenomics

The total amount of tokens issued is 10 billion PXG. Distribution is as follows:

  1. Ecological creation and incentives: 40% (gradual release with reward mechanisms, with additional mechanisms announced as developments occur)
  2. 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)
  3. Founding team: 15% (fully locked; the unlock date will be announced one month before)
  4. Early investors: 7% (fully locked; the unlock date will be announced five months before)
  5. Consultant and legal: 5% (fully locked; the unlock date will be announced five months before)

Thank you for your support of PIEXGO…stay tuned!

PIEXGO team

April 25, 2019

PIEXGO

PIEXGO is a comprehensive digital currency trading platform that currently supports spot/OTC trading for major tokens as well as financial derivatives products.

Piexgo reporter

Written by

PIEXGO

PIEXGO

PIEXGO is a comprehensive digital currency trading platform that currently supports spot/OTC trading for major tokens as well as financial derivatives products.

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