XT Smart Chain is a decentralized, efficient, and energy-saving public blockchain. It supports smart contracts and high-performance transactions. The native token of the XT Smart Chain is XT, which uses an HPoS consensus mechanism, offering low transaction fees, minimal latency, and high concurrency.
The mission of XT Smart Chain extends beyond being just a public blockchain; it focuses on discovering and supporting high-potential developers and innovative projects. Leveraging the worlds largest trading ecosystem, XSC aims to become the birthplace of innovative technologies and businesses, creating a complete cycle for technology development, application promotion, and trading.
Features of XT Smart Chain:
An open and decentralized network that ensures the security of the network and assets.
Supports EVM programmability and smart contract compatibility to reduce development or migration costs.
Meta-transaction functionality: fee reduction, effectively lowering the cost for developers and users on the chain.
Supports cross-chain asset transfers to enhance user experience.
XT Allocation Plan
Founding Team: 20% of the funds raised from the public offering will be used for the functional development and system maintenance of the X platform, including rewards for team members and research and development expenses.
XT Foundation: 20% will be allocated to incubating and investing in outstanding blockchain projects, further promoting the diversification of the XT.COM ecosystem and the growth of the global blockchain industry.
Member Rewards: Half of the XT (50%) will be rewarded to partners/users through registration incentives and trading fee rebates.
Market Promotion: 10% will be used for brand building and operational promotion of the X platform, including continuous promotion and education about the X platform in traditional industries and the blockchain industry, providing funding support for various market activities to ensure rapid market recognition and the accumulation of trading users.
XT Rights
XT Holder Rights: As a tradable cryptographic digital rights certificate, tokens will become a fundamental element in the era of digital economy. XT, as the representation of rights within the XT community, serves as the foundation for governance within the XT platform.
Revenue Distribution: 80% of the revenue generated by the XT trading platform will be distributed to XT holders, while 20% will be used for the development and operation of XT.COM.
Participation in Decision-Making: Through the initiation of smart contract votes, XT holders can participate in business decisions. This includes decisions related to trading fees and categories of assets traded.
Elections and Oversight: Members of the XT community committee are elected periodically, allowing XT holders to participate in the election process. They can also monitor the transparency of the platform and the performance of committee members.
New Project Recommendations: Users holding 1 million XT (subject to adjustment based on the total number of professional nodes) can apply to become a professional node on XT and have the privilege to recommend new projects for listing on XT.
