In November, Coinsuper will soon rolled out MXY, a project facing its global primary offering. Before MXY comes to its formal trading, MXY’s subscription will also take off. You are welcome to pay attention to it! The details are listed below:
I. Please take note of the following schedule:
1. The Subscription Available:2019/11/8 15:00 ~ 16:00 (GMT +8)
2. Open Deposit: 2019/11/10 12:00 (GMT +8)
3. Trading:2019/11/11 18:18(GMT +8)
4. Withdrawals: 2019/11/12 12:00(GMT +8)
II. The Rules for Subscription
1. The Total Limit of Subscription: 160,000 MXYs to be carved up by node members and CEN holders. Node members will enjoy 60,000 MXYs while CEN holders gain the rest 100,000 MXYs.
2. The Price of Subscription: 1 MXY = 0.625 USDT, as users will be charged in USDT.
3. The Time of Subscription: 2019/11/8 15:00 ~ 16:00 (GMT +8)
4. To be qualified as a subscriber, users shall becommunity nodesmembers or CEN holders.
III. The Privileges for Nodes
1. Qualifications: community node initiators and memberswho have or will have jointin community nodes before 2019/11/7.
2. The Total Limit: 60,000 MXYs.
3. Qualified users could subscribe via CsHub, every single user could subscribe onepack at least while ten packs at most. 1 pack=50 USDT=80 MXYs, meaning that users using CShub may subscribe 800 MXYs at most by paying 500 USDTs.
4. Users should leave enough USDTsin their accounts before the subscription ended to avoid subscription failure.
5. Users attending to this subscription should bindtheir account with their mobile number.
6. The community node initiators will be privileged with 12,000 MXYs in total --- every initiator can get 3,000 MXYs at most. They may get MXYs just by contacting our customer service staff.
IV. Privileges for CEN Holders
1. The Total Limit: 100,000MXYs.
2. For users whose CEN holdings are not less than 150,000, they may subscribe via CShub.
3. Via CShub, every user may subscribe one pack of MXYs at least while six packs of MXYs at most. One pack = 50 USDTs = 80MXYs. In other words, users using CShub may subscribe 480MXYs at most by paying 300 USDTs.
4. For any user applying both as a node and a CEN holder, the user will merely be treated as a CEN holder. In other words, for subscribers applied in both identities and in two different quota systems, only the orders submitted in terms of “CEN-holder subscription” will count in calculation and allocation.
V. Project Introduction
I) The Project Introduction
Xu Yuan Chain has initiated in Apr.2019, which is a pioneering and blockchainized platform for premium artworks. Xu Yuan Chain aims to build the world's first open community for artworks, namely Artech community, and ground the community on the concept of “art, technology and community”. As Xu Yuan Chain’s applications and commerce develop in depth and width, art financial services will be provided for the users with certain conditions.
The Project’s Official Website:http://mxy-artech.com/?p=520
II) The Project’s Issuance
1. The Designed Total Quantity: 1 billion.
2. The Token in the First-Batch Issuance: 20 million tokens in the primary offering, which will constitute 2% of the designed total quantity.
3. The Token’s Distribution Plan:
1) Artech: the community of Artech will receive 80% of the tokens, which buttresses Xuyuan China’s long-run development.
2) The Project Team: they possess 12%, held by the founder, operation and consultancy group. This portion of tokens will face a two-year lock-in period, after which they will be released in several batches.
3) The Foundation: it possesses 8% for user development and project support over a long period of time.