PIEXGO will launch its cryptocurrency, the PIEXGO TOKEN (PXG) at 20:00 (UTC+8) on April 29, 2019. The 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
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