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Home Crypto

Xandeum: Pioneering a New Era of Decentralized Control and Storage-Enabled Web3 Apps

Newsrora by Newsrora
August 1, 2023
in Crypto, Global, Technology
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Blockchain startup Xandeum is not just making waves; it’s making tsunamis. Poised to redefine the world of blockchain, Xandeum is set to officially launch on July 30, 2023, at 11:00 am PT. But this isn’t your typical blockchain startup. Xandeum is on a mission to leverage blockchain technology to empower collective self-determination.

At the heart of this ambitious endeavor is a revolutionary storage layer for smart contracts, aptly named External Global Grouped Storage (EGGS). This new addition to the decentralized web paves the way for a new breed of storage-enabled Web3 applications (sedApps) on Xandeum, making it a game-changer in the blockchain sphere.

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Xandeum is doing away with the traditional model of raising venture capital, opting instead to sell node licenses directly to its users. This innovative approach puts control in the hands of the community, fueling the buzz around Xandeum’s anticipated launch.

During the grand launch, an attractive purchase model will be introduced, with a sliding scale of rebates for the first 50 transactions. The first transaction to purchase a node will receive a generous 50% rebate, with each subsequent transaction receiving a slightly lower rebate, down to a 1% rebate for the 50th transaction.

This strategy is not without precedent. Under its prior brand name Bitoku, Xandeum sold over 2,809 nodes, amassing proceeds of more than $1.9 million. By opening the market to its community, Xandeum aims to drive further expansion and innovation.

Xandeum’s roadmap does not stop at the grand launch. On August 15, an incentivized Devnet will be unveiled, followed by a Testnet in the fall. An Initial Coin Offering (ICO) of the XAND token is set for November, with a beta version of the mainnet scheduled for 2024.

In the words of Bernie Blume, founder of Xandeum, “Our community just loves to embark on this journey so early, at least 4 to 5 months ahead of the ICO, in order to reap the maximum benefits.”

Xandeum is a prime example of a blockchain startup that’s pushing the boundaries of what’s possible. The integration of the Move language and the creation of the EGGS storage layer for smart contracts are just two ways Xandeum is advancing blockchain technology.

Blume encourages anyone interested in joining the blockchain revolution to “Visit our website, explore the lightpaper and the RFC version of our technical whitepaper, check out the roadmap, and prepare to participate in our grand launch.”

Are you ready to be part of the next big thing in blockchain technology? Visit xandeum.com and prepare for the grand launch. Xandeum is set to take blockchain technology to the next level.

Source: Xandeum
Tags: blockchain startupdecentralized controlEGGSExternal Global Grouped Storagenode licensesstorage-enabled Web3 appsXandeum
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