This page dives into the details of XON token distribution within the ecosystem. We'll explore how XON tokens will be released, outlining the procedures involved, the XRPL accounts that will be used, and the total amount of tokens that will be made available.
Public XON token distribution kicks off on June 30, 2024, managed by the designated Distribution Account. To foster the ecosystem's long-term health, the creation of two key funds is strategically tied to Public Token release milestones.
The Community Fund is established once half of the Public XON Tokens have been distributed. This ensures a steady flow of tokens for public use while reserving a significant portion to empower future community projects.
Following this, the Expansion Fund is created upon reaching the 75% mark of Public XON Token release. This tiered approach balances immediate public access with dedicated resources for future growth and global expansion efforts.
The table below details the allocation percentages for XON tokens within the ecosystem. This breakdown clarifies how the total token supply will be distributed amongst various entities, fostering a transparent and sustainable XON economy.
| Public | 25% |
| XON Team | 35% |
| Community Fund | 20% |
| Expansion Fund | 20% |
The XON Community Fund serves as a cornerstone for fostering a vibrant and thriving XON ecosystem. This dedicated pool of tokens is allocated to directly support various projects and initiatives proposed by the XON community itself. Through a democratic voting process, the community will have the power to decide which projects receive funding, ensuring resources are directed towards endeavors that hold the most value for the ecosystem's growth. The Community Fund serves as a catalyst for innovation and collaboration, empowering the XON community to shape the future of the network.
The XON Expansion Fund plays a critical role in propelling the project towards global adoption and long-term token value. This dedicated pool of resources serves as the engine for strategic marketing and promotional initiatives. Funds are strategically allocated to secure listings on prominent global exchanges, amplifying XON's reach and accessibility to a wider audience. Additionally, the Expansion Fund fuels international promotion campaigns, raising awareness and fostering widespread adoption of the XON Digital Ecosystem. By strategically allocating resources, the Expansion Fund paves the way for sustained growth and ultimately, an increase in the value of the XON token.
For transparency and security purposes, the following table details the official XRPL addresses associated with XON token storage and distribution. These addresses ensure the responsible and controlled allocation of tokens throughout the ecosystem.
| Issuer Account | rswdYCe1dy1LK2wA1Kcs9j8Za3UupBes3K |
| Distribution Account | rpVhB2Dbs3rHYZA9cDgGzWkLAwid2FX2QK |
| Warm Wallet | rUVW7QWApYRqdcUAwhqD7ZU4W1QnTwLJSr |
| Community Fund | Defined at 50% Public Tokens Distribution |
| Expansion Fund | Defined at 75% Public Tokens Distribution |