Swipe & Cannon — Ignition Sale

Swipe Marketing
2 min readJan 9, 2021

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About Cannon

  • Cannon is a permissionless and decentralized layer that enables cross-chain digital asset interoperability between various blockchains. Cannon is powered by Cannon Token (CAN) which enables users to run nodes and participate in protocol governance.
  • The first digital asset to become interoperable on the Ethereum and Binance Smart Chain will be: Bitcoin
  • Bitcoin will be available on both Ethereum and Binance Smart Chain via Cannon BTC (cBTC).
  • Cannon is a fork of the Republic Project (REN) with no founder, team, or advisor token allocations.
  • Node operators earn their portion of fees collected for minting and claiming of digital assets.
  • Cannon Token (CAN) will be available on Ethereum and Binance Smart Chain as ERC20 and BEP20 tokens.
  • 1B Total Supply/Max Supply with no inflation schedules.100M available for public sale and 900M available during private sale.
  • Learn more by reading the Cannon White Paper

Swipe Wallet Ignition Public Sale Details

Swipe Wallet will be conducting the public sale for Cannon with details as shown below:

  • 100,000,000 CAN available for sale at $0.02 per token. Max Cap of $10,000 USD per Swipe Wallet verified user.
    (Excludes USA and OFAC restricted countries)
  • 800,000,000 CAN has been sold via private sales at $0.02 per token. These are restricted for sale for 1 year but may be used on decentralized finance protocols immediately.
  • Public Sale will be on January 14, 2021 at 00:00 UTC on the Swipe Wallet App. Users will see the CAN token as an additional asset on their Wallet which they may be able to purchase at a fixed price of $0.02 with SXP ONLY.

Links

Website
Twitter
Telegram
White Paper

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