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$XGEN Seed Details + Guide

Seed Funding Details + Guide

Overview

The $XGEN Seed Funding round is the first opportunity for early investors and community participants to support the development of the XIO platform. This seed funding round will be conducted via a launchpad, offering 5% of the total $XIO supply to raise $500,000. The funds raised will be used to accelerate platform development and secure key partnerships.

Participants in the seed funding round will purchase $XGEN tokens, which will later be swapped 1:1 for $XIO tokens at the Token Generation Event (TGE). This guide provides all the necessary details and steps to participate in the $XGEN seed funding round.


Public Seed Funding Details

  • Token: $XGEN (1:1 swap for $XIO at TGE)

  • Total Supply for Seed Round: 5% of total $XIO supply

  • Fundraising Target: $500,000

  • Price per $XGEN: $0.01

  • Launch Platform: Trusted decentralized launchpad (specific platform to be announced)

  • Accepted Cryptocurrencies: ETH, USDT, BNB

  • Vesting Schedule: 25% unlocked at TGE, with the remaining vested over 3 months.


How to Participate in the $XGEN Public Seed Round

Participating in the $XGEN seed funding round is straightforward. Follow these steps to join:

1. Create a Compatible Wallet

  • Ensure you have a compatible wallet (such as MetaMask or Trust Wallet) that can connect to the launchpad platform and hold your $XGEN tokens.

  • The wallet should support the ERC-20 standard, as $XGEN will be issued on the Ethereum blockchain.

2. Prepare Your Funds

  • You will need ETH, USDT, or BNB to participate in the seed round. Ensure your wallet has sufficient funds to cover the amount of $XGEN you wish to purchase.

  • Keep a small amount of ETH in your wallet for gas fees when interacting with the Ethereum network.

3. Connect to the Launchpad

  • When the seed round begins, connect your wallet to the launchpad platform (to be announced).

  • Follow the platform’s instructions to securely connect your wallet and access the $XGEN sale.

4. Purchase $XGEN

  • Once connected, enter the amount of $XGEN you want to purchase.

  • Review the transaction details and confirm your purchase.

5. Receive $XGEN Tokens

  • After your purchase is successful, $XGEN tokens will be sent directly to your wallet. You may need to add the $XGEN contract address to view your tokens in your wallet.

  • Keep your $XGEN tokens safe, as they will be swapped 1:1 for $XIO tokens at the Token Generation Event (TGE).


Token Swap: $XGEN to $XIO

At the Token Generation Event (TGE), your $XGEN tokens will automatically swap 1:1 for $XIO tokens, unlocking full utility within the XIO platform. You do not need to take any action to complete the swap.

Key Steps for the Swap:

  1. Hold $XGEN in Your Wallet: Ensure your $XGEN tokens remain in your wallet during the TGE.

  2. Automatic Swap: The swap will happen automatically at a 1:1 ratio. $XIO tokens will be sent to your wallet.

  3. Access Full Utility: After the swap, your $XIO tokens can be used for governance, staking, fee reductions, and more.


Timeline

Event

Date

Seed Round Launch

Q4 2024

Vesting Begins

3 months after Seed Round

Token Generation Event

Q1 2025

$XGEN to $XIO Swap

Immediately after TGE


Allocation of Funds

The funds raised from the seed funding round will be used to ensure the long-term success of the XIO platform. Here’s a breakdown of how the funds will be allocated:

Category

Percentage of Funds

Purpose

Platform Development

50%

Building and scaling the core platform, integrations, and new features.

Marketing & Partnerships

20%

Expanding user base and strategic partnerships to drive adoption.

Liquidity Provision

15%

Ensuring sufficient liquidity for $XIO on exchanges and decentralized pools.

Operations

10%

Covering operational expenses and legal compliance.

Contingency

5%

Reserve funds for unforeseen circumstances or additional growth initiatives.


Frequently Asked Questions

1. How do I participate in the seed round?

To participate, you will need a compatible wallet (e.g., MetaMask) and funds in ETH, USDT, or BNB. You can then connect to the launchpad platform (details to be announced) and purchase $XGEN tokens.

2. Will there be a vesting period for seed round participants?

Yes, 25% of your $XGEN tokens will be unlocked at TGE, with the remaining tokens vested over the following 3 months.

4. How do I view my $XGEN tokens in my wallet?

After purchasing $XGEN, you may need to manually add the $XGEN token contract address to your wallet (e.g., MetaMask). The contract address will be provided on the launchpad and XIO’s official channels.

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