# $XGEN
## XIO Genesis Token
### Overview
$XGEN is the **Genesis token** for early supporters of the XIO platform. It serves as a placeholder token that will later be swapped 1:1 for $XIO at the TGE. Holding $XGEN gives early investors access to exclusive rewards, governance rights, and priority access to platform features.
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### Token Details
* **Network**: Base
* **Total Supply**: 1,000,000,000
* **Fundraising Valuation**: $2,000,000 FDV
* **Price per $XGEN**: $0.02
* **Token Address**:
* **Ticker**: $XGEN (swapped 1:1 for $XIO at TGE)
* **Swap Ratio**: 1:1 for $XIO
* **Benefits**: Early supporters receive bonus rewards, priority access to features, and governance rights.
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### Token Generation Event (TGE)
The **Token Generation Event (TGE)** will take place in **December 2024**, marking the shift from $XGEN to the $XIO utility token. At this point, $XGEN tokens will be swapped 1:1 for $XIO.
* **Swap Ratio**: 1:1 (1 $XGEN = 1 $XIO)
* **TGE Date**: December 2024
* **Closed Beta for $XGEN Holders**: Early access to the platform before the public release.
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### Future Milestones
After the TGE and swap, several key milestones will follow in 2025:
* **Private Beta**: Closed beta access for $XGEN holders (February 2025)
* **MVP Launch**: Core XIO platform launch with essential features (March 2025)
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## Frequently Asked Questions
1. What is $XGEN?
$XGEN is the Genesis token issued during the seed funding stages. It will be swapped 1:1 for $XIO at the TGE in February 2025, unlocking full utility within the XIO ecosystem.
2. What is the purpose of $XGEN?
$XGEN serves as a placeholder token for early supporters, offering governance rights, early access to platform features, and bonus rewards for holders before it is swapped for $XIO.
3. How will the token swap work?
The swap will happen automatically at the Token Generation Event (TGE). For every $XGEN you hold, you will receive 1 $XIO token.