Xandeum, a pioneering blockchain startup focused on accelerating the transition to decentralized control, has announced its highly anticipated grand launch on July 30, 2023. The event is scheduled to take place at 11:00 am PT and marks a significant milestone for the company.
With a mission to empower collective self-determination, Xandeum leverages the power of blockchain technology to create a scalable storage layer for smart contracts. This innovative solution, known as External Global Grouped Storage (EGGS), introduces a new dimension to the decentralized web by enabling storage-enabled Web3 apps (sedApps) on the Xandeum platform.
In a departure from the traditional model of seeking venture capital, Xandeum is prioritizing community control by selling node licenses directly to its users. The grand launch will introduce an incentivized purchase model, generating excitement for this revolutionary blockchain project.
Founder Bernie Blume explains, “Xandeum is not just creating another blockchain; we’re creating a holistic platform that integrates advanced blockchain technology with a revolutionary storage solution. Our goal is to pave the way for fully-fledged, storage-enabled Web3 apps.”
During the grand launch, Xandeum will offer an attractive purchase model for nodes. The first transaction will receive a generous 50% rebate, with subsequent transactions receiving decreasing rebates until the 50th transaction, which will still secure a 1% rebate. This strategy builds on Xandeum’s previous success, having already sold over 2,809 nodes under the prior brand name Bitoku, generating proceeds exceeding $1.9 million.
By involving the community early on, Xandeum aims to foster further expansion and innovation. Blume notes, “Our community is eager to embark on this journey ahead of the ICO to reap the maximum benefits.”
Following the grand launch, Xandeum has a roadmap of upcoming milestones. This includes the rollout of an incentivized Devnet on August 15, followed by a Testnet in the fall. An ICO for the XAND token is scheduled for November, with a beta version of the mainnet planned for 2024.
Blume urges users to join Xandeum in this exciting journey by visiting their website, exploring the lightpaper and RFC version of the technical whitepaper, and preparing to participate in the grand launch. Xandeum.com is set to take blockchain technology to the next level, and users are encouraged to be part of the blockchain revolution.
Xandeum is a blockchain startup dedicated to advancing blockchain technology. Through projects like the development of the Xandeum blockchain, the integration of the Move language, and the creation of the EGGS storage layer for smart contracts, Xandeum is pushing the boundaries of decentralized control and collective self-determination.