IEO X-Point Chain (XPT) Announcement

Dear beloved Bvnex users,

Bvnex will conduct IEO campaign with X-Point Chain project on 24/2/2020 11:00 AM (UTC+7).

About the IEO

Starting at 11:00 (UTC+7) 24/2/2020, users can buy XPT through 1 round of sale ending at 17:00. The total circulating supply will be 210,000,000 XPT. Please find the following rules of the IEO:

• Each user account can purchase a maximum of 50,000 XPT per each sale round
• Support subscription with USDT only
• The IEO price is 0.009 USDT
• The IEO result will be announced by 18:00 (UTC+7) 24/2/2020
• At 19:00 (UTC+7) 24/2/2020, Bvnex will open trading for XPT/USDT trading pair 

Token Release Schedule 

• XPT will be released within 7 days, each day release 10% amount of tokens. 30% will be released on 24 Feb.
• The first release will be taking place at 19:00 (UTC+7) 24/2/2020.

About X-Point

X-Point is the next generation blockchain-based ECR (Efficient Customer Response) system. Developed by X-me, one of the most popular loyalty program apps in South East Asia with over 3.5million users, X-Point is committed to redefining the retail ecosystem in ASEAN countries. 

X-Point has 4 major components: AI ECR, in-store alerts by blockchain-powered IoTs, fair consumer data sharing, and AI digital assistant. X-Point fully covers the supply chain of the retail industry from manufacturing, to end consumers. Through building these holistic solutions, X-Point is dedicated to making the manufacturers, retailers, and consumers smarter, more efficient, and more responsible. 

X-Point has already secured partnerships in both Indonesia and Vietnam that can cover over 100mil consumers with FMCG brands to most popular social network apps.

About XPT

XPT is the native token of X-Point Chain. Powered by Proof Of Importance consensus mechanism based on NEM, XPT takes into account one’s overall support to the network by introducing the ‘local trust value’ and its ranking algorithm ‘NCDawareRank’. The POI consensus enables a POS-like staking system to become masternodes but is also suitable for the use by enterprises by providing permission controls on certain interchange points. 

The tokeneconomics of XPT is based on gas, payment method, and incentive for consumptions. The expansion of XPT-based visual devices for in-store alerts will certainly create massive consumptions of XPT tokens as the collection and exchange of data will incur expenses in XPT. Consumers are able to choose to share their data in return of XPT as an incentive, which can be used for extra services like exclusive consumer coupons.

Please Note:

According to relevant laws and regulations, users in the following countries or regions (based on KYC information) are not allowed to participate in project sales:

Mainland China, Hong Kong SAR, Cuba, Iran, North Korea, North Korea, Crimea, Sudan, Malaysia, Syria, United States [[Including all U.S. territories such as Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the United States Virgin Islands (St. Croix, St. John and St. Thomas)] Bangladesh, Bolivia, Ecuador, and Kyrgyzstan.

Risk Warning:

Before investing, we expect you to fully understand digital assets, reasonably judge investment capabilities, and make investment decisions prudently.

Thanks for your trust and companion,

Bvnex Team.