XIO has had quite the busy month!
If you haven't yet taken a look at the project, now is a VERY good time to do so. First, a little bit about XIO and what they are working on.
XIO is the first "flashstaking" destination and once mainnet occurs, it will allow users to stake their chosen currency, dependent on which portals are open and available, and receive upfront rewards that they can do as the wish with. The skaed amount will still stay locked for the chosen time period, with an early withdrawal penalty that will amount to the value of the rewarded currency equal to the early withdrawal value.
XIO is also a springboard for lesser known startups that are looking for a different way to fund their ideas other than running an ICO. FLASH is the next in line to springboard off the XIO program, and whats going on now is big.
XIO holders will have a random time daily snapshot taken of their XIO holdings, and for every 100 XIO held each day from December 11 - 31, holders will be rewarded with 5 FLASH. The FLASH currency is valued right now at around $.005.
Who knows what the price will be after FLASH goes mainstream? Now is a good time to check it out and get a slice of the pie early 😎
Picture is a screenshot from my XIO claim page
XIO Network was created as the anti-ICO, in that there is no selling of tokens for capital. Rather blockchain startups join the incubator for guidance and help with marketing, user adoption, industry awareness, and connecting startups with our partners.