It’s been a busy week for the GIGA team, and we’ve accomplished some major milestones in terms of social media, listings and development!
We’d also like to emphasize that we’re still in our fair release phase with a fairly low ROI. This means that we’ll be maintaining lower rewards up until block 100.000, with the total rewards being 50XG (40XG for masternode rewards and 10 for staking).
This way we want to give new investors that didn’t participate in the presale a fair chance to get into the project before the higher reward phase kicks in. Below you can find our block reward table.
Outside of getting listed on all kinds of exchanges and applications, we’ve also been busy expanding our social media reach.
Below you can find a list of all the social media we’re active on:
We've recently passed 1000 twitter followers too. It's been great to see alot of early support from cryptocurrency investors.
Social media and listings aren’t the only things we’ve been busy with. We’ve also been in the process of expanding and solidifying our core team and advisors. Everybody’s starting to know their role within the GIGA family. We’ve also had people join and strengthen our team in both the support and development part of things.
$XG Staking has temporarily commenced on the community coin fund until block 100,000 - This will aid in hashpower and speed up the network chain to 30 second block time. All the coins we’ve earned from staking will be burned once we’ve reached block 100.000.
You can find the address of the community fund here: https://xg.ccore.online/address/GSfAfPg5ToxLm6ss4SK9bh9ftpSDycUN8X
Now that we’re off to a good start, we've also started the development on the WooCommerce plugin. This will give GIGA the option for a full payment gateway on any eCommerce store powered by Wordpress, opening up a large market for $XG to be used in real world transactions. We’re still in an early phase, so we can’t give you too much information on this one yet. What we can tell you is that we’re very excited for the future and we can’t wait to share more information with you guys!
The web wallet is in early development stages aswell. This will allow for users to store their $XG online, as an alternative to the standard QT wallet.
Stay tuned for more updates!
