XP.NETWORK Transitions into Becoming Fully Community-Owned

At XP.NETWORK, transparency and community focus have always been at the core of our mission. With the completion and launch of the decentralized bridge — XP.NETWORK is now moving to its next stage in becoming a community-owned project.

The Decentralized Bridge: A Milestone Achieved

XP.NETWORK team primary focus over the past nine months has been delivering the decentralized version of XP.NETWORK’s bridge. We are proud to announce that the decentralized bridge has successfully launched on the mainnet and is live at:
➡️ https://decentralized.bridge.xp.network

This decentralized bridge is seamlessly integrated with the live explorer, which can be accessed here:
➡️ https://explorer.xp.network

This achievement marks a significant step toward realizing our vision of a fully community-driven multichain NFT bridge, where decentralization empowers users and developers alike.

Transition to a Fully Community-Owned Network

XP.NETWORK team steps up to begin supporting the project on their free time while moving to pursue their personal ventures. This shift reflects our commitment to ensuring the longevity of XP.NETWORK through decentralization:

1. Decentralization in Action: XP.NETWORK is dissolving its centralized company structure and transitioning to a fully community-owned model.
2. Team Tokens for Community Decision: 100% of the XP.NETWORK team tokens will be put to a community vote. The community will decide whether to burn these tokens or re-allocate them as rewards for bridge validators.
3. Validator Program Launch: XP.NETWORK has officially launched its validators program, community members began to sign up and take ownership of the bridge’s operation.

These steps emphasize XP.NETWORK team dedication to decentralization and community empowerment.

Looking Ahead: Community Ownership

The move to community ownership ushers is an exciting new chapter for XP.NETWORK. This transition empowers our community to shape the future of the project and ensures that XP.NETWORK remains decentralized and resilient.

Thank you for your continued support and for being a vital part of this journey. Together, we’re building the future of decentralized blockchain technology. 🙏