Donate FAQ

1. What is Xone Chain?

Xone Chain is a decentralized Layer-1 blockchain platform based on the Ethereum protocol and is a leading Behavioral Value Incentive Blockchain (BVI). On Xone Chain, every interaction creates value, and every contribution is rewarded. Through its unique BVI system, user behaviors and contributions are accumulated and converted into rewards in real-time. Xone Chain offers high-performance blockchain solutions characterized by fast transaction speeds, low costs, strong privacy protection, and decentralized governance, making it a vibrant, innovative, and thriving ecosystem.

2. What is the purpose of Xone Chain donations?

Xone Chain donations aim to distribute XOC coins, which are the native cryptocurrency of Xone Chain. The funds raised will be used for further development and expansion of the Xone Chain platform, enhancing infrastructure, and promoting marketing and partnerships.

3. What is the XOC coin? How is it used?

XOC coins are the native utility Coin of Xone Chain. They are used for:

• Transaction fees: to pay for transactions within Xone Chain.
• Staking: participants can stake XOC coins to earn rewards.
• Governance: Coin holders can participate in platform governance by voting on key decisions.
• Rewards: XOC coins are distributed through the BVI airdrop program, incentivizing users to engage in network activities.

For more details about XOC, click here >>

4. How to participate in the Xone Chain donation?

To participate in this Xone Chain donation, you need to:

• Create a compatible cryptocurrency wallet (EVM-compatible) that can receive XOC Coin.
• Subscribe using supported cryptocurrency USDH during the donation period.
• Access the donation operation page (DApp).

1. Community participation requirements: Each participating community must meet the following requirements:

   • Application materials: Community leaders must provide basic application information and complete the online donation agreement on the platform.
   • DAO community establishment: Establish a Decentralized Autonomous Organization (DAO) within the specified time frame for community governance and management of donation Coin.
   • Member invitation: Complete the invitation of community members within the designated time to ensure the community size meets the requirements.

2. Minimum and maximum donation limits:

   Each user’s maximum limit is 10,000 USDH. This rule is designed to prevent excessive concentration of holdings and ensure fairness in donations.

5. What is the issuance price of the XOC Coin?

Unprecedented

6. What is the Behavioral Value Incentive (BVI)? How does it work?

The Behavioral Value Incentive (BVI) system is a core feature of Xone Chain, designed to reward users for their contributions and interactions on the network. Here’s how it works:

• Each transaction, transfer, or network activity accumulates “GV points.”
• These GV points accumulate during each Epoch (a fixed period).
• At the end of each Epoch, the accumulated GV points are converted into XOC Coin and fairly distributed to participants based on their network activity.

The more active users are, the more GV points they accumulate, ensuring that every contribution is rewarded.

This system creates a fair and transparent value distribution model and encourages long-term participation and interaction within the Xone public chain ecosystem.

7. What is the total supply of XOC Coin?

The total supply of XOC Coin is 10 billion. The Coin distribution is as follows:

• BVI Airdrop: 50% (5 billion Coin) – Distributed based on user contributions in the BVI system.
• Staking rewards: 10% (1 billion Coin) – Released based on staking weight and governance.
• Investor allocation: 10% (1 billion Coin) – Distributed over two years.
• Team allocation: 10% (1 billion Coin) – Distributed quarterly, completed within three years.
• Early contributor allocation: 10% (1 billion Coin) – Released all at once upon mainnet launch.
• Community allocation: 7% (700 million Coin) – Released through DAO governance and community activities.
• Airdrop: 3% (300 million Coin) – Distributed through additional airdrops.

8. Is there a vesting period for the Coin?

Yes, the Coin allocated to the team and advisors will follow a vesting schedule:

• Team Coin: Released quarterly over 3 years.
• Investor Coin: 5% released upon mainnet launch, 95% will be released over two years.

9. How do I receive XOC Coin after the donation ends?

After the donation ends, XOC Coin will be distributed to the wallet address provided by participants. Please ensure your wallet is compatible with XOC Coin.

10. What unique features and advantages (USP) does Xone Chain have?

Xone Chain stands out with the following key features:

• Consensus mechanism: Xone uses a Proof of Stake (PoS) consensus mechanism and achieves rapid node synchronization and handshakes through Efficient Proof of Stake (EPoS).
• Parallel processing: Achieved through Parallel Communication and Adaptive Messaging (PCAM), supporting concurrent transaction processing to enhance scalability.
• XoneDB: A decentralized database optimized for fast and reliable data storage and retrieval within the network.
• EVM interoperability: Fully compatible with the Ethereum Virtual Machine (EVM), enabling seamless integration with Ethereum-based applications and smart contracts.
• Modular architecture: Allows for easy upgrades and integration of new features without interrupting existing operations.
• Enhanced security protocols: Xone employs an advanced security framework that combines multi-signature authentication, zero-knowledge proofs, and end-to-end encryption to ensure transaction integrity and confidentiality. The protocol also includes automated threat detection and response mechanisms to mitigate potential security risks in real-time.
• Gas fee optimization: During transactions, part of the gas fees will be burned, while the remainder will be redistributed as rewards to users. This mechanism supports the consensus process and enhances the economic model of gas fees.
• Decentralized governance: The platform is governed through a community-driven voting system, allowing Coin holders to participate in important network upgrades and decisions.
• BVI airdrop system: A unique reward mechanism that directly converts user behavior into rewards, ensuring that every interaction has value.

11. Are there risks associated with participating in the donation?

Yes, participating in the donation and holding cryptocurrency involves risks, such as:

Market volatility: The price of cryptocurrencies (including XOC Coin) may experience extreme fluctuations.

Regulatory uncertainty: The legal status of cryptocurrencies and donations may vary by jurisdiction.

Security risks: Although we have implemented security measures, blockchain networks may still face hacking or malicious attacks.

Please review the disclaimer and understand all risks before participating.

12. Can I get a refund after participating in the donation?

No. Contributions to the donation are non-refundable. Once XOC Coin are issued, participants will not be able to refund or exchange them. Participants are advised to carefully consider their participation beforehand.

13. Are there geographical restrictions for participating in the donation?

Yes, due to regulatory restrictions, residents and citizens of certain jurisdictions (such as the United States and China) are prohibited from participating in this donation. Please ensure your participation is legal in your jurisdiction.

14. What are the tax implications of buying and holding XOC Coin?

Participants are responsible for determining any tax liabilities associated with the purchase, holding, or use of XOC Coin. Tax implications vary by country; please consult a tax advisor to ensure compliance with applicable regulations.

15. How does Xone Chain ensure the security of donations?

Xone Chain implements multi-layer encryption and security measures to protect the donation process. However, participants are also responsible for ensuring the security of their wallets and taking precautions to prevent phishing attacks or unauthorized access.

16. Where can I get the latest information about the donation?

All updates regarding the donation, Coin distribution, and other important information will be published on the official Xone Chain community and website.

17. What will the donation funds be used for?

The funds raised from this donation will be primarily used for the development of the following projects:

1. In-depth development of the Xone Chain platform: Continuous innovation to provide users with higher quality services and experiences.
2. Upgrading network infrastructure: Ensuring network security and efficiency, providing a solid backing for decentralized applications.
3. Marketing and community development: Expanding the ecosystem, building a stronger user community, and promoting participation and interaction.
4. Collaboration with DApp developers and enterprises: Working together to promote the practical application of blockchain technology and achieve win-win outcomes.

18. What is the purpose of collecting my name and Telegram information?

We collect your name and Telegram information to ensure effective communication with you so that we can help you when necessary. Through Telegram, we can quickly answer your questions, process your feedback, and notify you in time when there are project updates or activities. This information is only used for internal communication and will not be disclosed to third parties to ensure your privacy.

19. What should I do if I am prompted that my payment exceeds the payment limit?

If you find that the payment limit is exceeded when using a decentralized wallet to pay, this is because the project party has set the maximum transaction amount to ensure that it is processed to prevent on-chain transaction congestion. The purpose is to increase the estimated handling fee so that it can be processed before the transaction, and you don’t need to worry about the actual deduction from your wallet, because only the amount of receivables will be traded when interacting with the contract. If the transaction cannot be made, please try:

Refresh MetaMask: Close and reopen MetaMask, and then re-initiate the payment request.
Check network settings: Make sure you are connected to the BSC network (BNB Smart Chain) and confirm the on-chain status.
Adjust the payment amount: Try to manually enter the correct payment amount and confirm whether it is displayed correctly.

20. How can I contact the Xone Chain team for further questions?

For any questions or concerns related to the donation, please contact us at:

Support: [email protected]

Official: [email protected]

Business: [email protected]

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