Dear Xian Community Members,
We’re proud to announce that the initial presale of tokens (5% - 5,555,555 XIAN) was a resounding success, surpassing our wildest imaginings of what was possible for this early stage of the project.
We want to thank everyone who has supported us up to this point in building and imagining Xian so far. Without all of the enthusiasm, creativity and time that you devote to this endeavour, none of this progress would be possible.
Without further ado, let’s look into how much was raised and what will be the likely next steps for Xian.
The Numbers
Sale Concluded : 00:00 UTC, 16th March 2024
Amount Raised : $98,167.11
Number of Contributing Wallets : 50
A few things here stand out to us - firstly - the amount raised far exceeded our expectations, we had initially thought somewhere between $25k and $50k would come in, this figure is nearly double the top end of that range! To say we are humbled by this amount of support is an understatement.
Secondly, the number of contributing wallets exceeds 50 in total. Again, surpassing our expectations. We see this is a great start to our fledgling network, already displaying great diversity and decentralisation that is necessary for a project such as this to succeed.
What this will go towards
The funds raised will be used wisely and are intended for, but not limited to :
- Minimal subsistence fees for devs
- Fees for legal, advisors & branding / web-design
- Team architecture costs, servers, collaboration tools etc
- Ecosystem access initiatives (exchanges, bridges etc)
How contributors can receive their airdrop of XIAN mainnet tokens
In the coming weeks, we will be creating a site where contributors will be able to register a Xian mainnet wallet address, using the BSC wallet which was used to contribute to this round. Everyone involved in this process so far is considered a foundational member of this ecosystem and as such we gratefully anticipate your participation in the early stages of shaping the network, ecosystem and community.
Participation in the ecosystem
Participation can take many forms, here are some of the vital activities where your engagement will be extremely valuable :
- Creating & Voting in Polls in the forums / DAO
- Sharing your ideas & opinions on the forums
- Running validators & helping to secure the network
- Contribute to early stage testing of features & providing feedback to developers
An official communication outlining the finer points of the sale & the resulting participatory airdrop will be sent out shortly via the Xian & Lamden bots.
Next steps
Things are still early stages in many ways, but behind the scenes the team has been shooting ahead on a bunch of fronts. In no particular order, here are some things to look forward to in the come weeks and months :
- Community Testnet
- Website
- Refreshed Branding
- Browser Wallet Extension
- A first DAO project
- New team members
- Ecosystem partner announcement
- Bounties
Once again, we want to thank everyone for their contributions, time, energy and positivity. We’re excited, and a little nervous to be taking this to the next stage, but grateful and honoured for the opportunity to co-create and bring about something this fun, cool and useful.
- The Xian Team