GenesisX Mid January 2019 Report
|Development/Airdrop/$BGX Raffle/Price Action|
We would like to extend our happiest and warmest wishes to our community of old and new. We trust your time was spent with the ones you love and that you all had time to relax.
Happy New Year!
|Price Action|
If you have been absent from the exchanges over the last month you have missed everything, let us sum it up for you. Over the last month the price has varied between $0.019 USD (509 Satoshis) & $0.06 USD (1763 Satoshis) and looks to be finding support at its current level of $0.027 USD (750 Satoshis) at the time of writing.
Seems the sideways movement will hold for a while longer and as development on the SPS platform (which we will discuss shortly) climaxes to release of V1.0 we should see an increased use in the platform and greater adoption of $XGS. Listing on Finexbox also will help create exposure long term https://www.finexbox.com/market/pair/XGS-BTC.html
Masternodes Online have an XGS explorer also //explorer.masternodes.online/currencies/XGS/ Enjoy the most comprehensive Blockchain Statistics & Wallet resource outside our own!
Thank you to all our new investors but also our long term investors. We would be nowhere without your continual support. With any project that holds a great use case, the technology needed to set itself apart requires time and patience.
Please also be aware/reminded to everyone holding Masternodes, our proposals program is ACTIVE & will allow anyone with the updated version of the wallet to submit project proposals for integration, promotion, new exchange listings, marketing, development, etc and get the requested XGS coins if Masternode owners support it with **Yes** votes. If you have a great suggestion and wish to push it to the community to help guide the project, refer to our previous post on Governance to find out how to. https://medium.com/@genesisxofficial/genesis-x-october-2018-report-e70905351bf8
|BitcoinGenX|
|Wallet Release|
The BGX Wallet V1.3.0.3 was released later than expected by 2 weeks. We did however mention in our previous article this could have been a possibility and has affected the dates of release obviously. Building the first BitcoinGreen chain fork had us competing against new problems. These took a little longer than anticipated but staying in contact with the community was a high priority for us about the progress. With the wallet and chain running smoothly with 16–17 Masternodes we have now just implemented the Zerocoin feature to the wallet and have now released V1.4 ready for use. So officially BitcoinGenX will have both Green and Zerocoin Protocols and we believe that BGX is the only wallet to have both of these. This WILL be a forced wallet update and you will need to update your wallets. Zerocoin will start working at block 20k so please do not try to use this feature under any circumstances before we give word to proceed.
Please follow this link to download the new wallet. https://github.com/BitcoinGenX/BitcoinGenesisX/releases
|Airdrop|
If you haven’t already filled out your claim forms please find them here:
Personal Wallet Claim Form https://goo.gl/forms/3BC5AHkctLzq5kE62 Exchanges Wallets Claim Form https://goo.gl/forms/SHwdrfF0W7Sn3ezO2
So with the Snapshot taken we now acknowlede the new dates for airdrop to start, it will go as follows;
Claim Form Cut-off date — January 30, 2019
Airdrop January 20— February 15, 2019 (Cutoff)
STEX Exchange Listing — Imminent https://app.stex.com/en/trade/pair/BTC/BGX/1D (Watch out for this link to work)
All those that are on MN hosting platforms other than TRTT and Pickaxe please contact @GenesisX-Chockblain to claim your BGX.
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Be on the look out for the new BGX Bitcoin Talk ANN which will be released soon and as time goes on the development of both Marketing and exchange platforms. Exciting times!
|BGX Raffle|
To celebrate the creation of our new sister coin (BGX) BitcoinGenX and (STEX) Stocks.Exchange listing. We are happy to announce a new (BGX) BitcoinGenX contest with a big twist.
BitcoinGenX Community Raffle
BGX raffle will be held with only 5000 tickets available for sale.
50 lucky winners will get a chance to win a part of the prize pool.
In order to buy raffle tickets for the draw you will need our home currency of (XGS) GenesisX. Please fill out the raffle form below (see link) on how to reserve your raffle tickets. Raffle Form: https://goo.gl/F2CcbS
10 XGS = 1 raffle ticket Other options are available on the raffle form
Total Prize Pool: 250BGX and 2000XGS across 50 winners
1st 100 BGX
2nd 60 BGX
3rd 30 BGX
4th — 10th 10 BGX
11th — 25th 100 XGS
25th — 50th 20 XGS
All coins entered into raffle will be used for a future bounty and giveaway funding. Good Luck GenesisX and BitcoinGenX community!!!! If you have any issues regarding raffle, please contact @GenesisX-Chockblain or @GenesisX-Soggietoes . We will get back to you ASAP.
|Development|
Over the Christmas break our developement team spent time with their families but some of the core crew were able to keep on going with management of the company and form partnerships. While vetting and exploring avenues of hiring new developers to jump on board, we do not wish to rush. We will hopefully have another developer join soon to help speed up the creation of V1.0 and hit our goal for release by the end of Q1 this year. Keep an eye on the above link. Drethic has uploaded the code base to github for him to continue to develop and for new developers to join and continue to build the platform. As we get going in the new year we will strive to reach our goals keeping in mind once again that we will only add the best recruits to XGS to develop its SPS.
|Partnerships|
The Hunters — https://thehunters.cc/xgs-a-project-dedicated-to-privacy-and-transparency/
