XENO February Announcement

Greetings Xeno community members,

The Xeno Team has been very busy in recent weeks working hard on advancing both the business and technical agendas it has laid out. We are happy to announce and share our most recent progress with you all:

XNO Key Partner Block Sale

Xeno has been in talks recently with several key investment partners which consist primarily of institutions that are looking to gain more exposure to the NFT and blockchain industry. As such, we are delighted to announce that Xeno has come to an agreement for an XNO token block deal in the amount of 100 million XNO (to come out of the Partner token allocation).

This deal will include a combination of incoming investments into Xeno to supercharge its operations for the oncoming year of development and product launch, as well as provide Xeno with wider access to industries where NFT collaborations can flourish.

The total circulating XNO tokens after the Block Sale will be 158,934,070 XNO Tokens.

For any future changes to the circulating supply of XNO tokens, we will make additional announcements.

XNO Swap Talks

Xeno has been in recent talks with large existing NFT industry players to engage in a possible token swap program. Such a swap would be intended to lay the framework for future collaborations and allow for cross-community engagement to create valuable synergies for the projects and users alike. We will have more news on this soon!

XNO DeFi Listings

Xeno has listened to the community and is progressing its DeFi listings for the XNO token. Xeno has made progress towards providing an initial liquidity pool on UniSwap which should be activated within the next month. In addition to this, we have had a conversation with our friends over at EmiSwap, where XNO may also soon be eligible for a liquidity pool and trade.

Xeno Testnet & Xeno Market Upgrades

The Xeno development team has been working hard to prepare for the upcoming Xeno testnet launch! The Xeno testnet will provide the basic protocol layer functionalities to build the Xeno Market application upon. The resulting code base and progress of this testnet will soon be ready for public participation and review. We will make a post about where to find the initial codebase and how to engage as a developer in the near future! If you are a developer and are interested in the Xeno project, we still have a couple of positions open and are looking for top-notch engineers to add to our team! If you are interested please send an email with your CV to xeno@xno.exchange.

In addition to this testnet work, the engineering team has made some significant upgrades to the current Ethereum based marketplace that will be rolling out in the next few weeks! These upgrades include:

• Integration of the XNO ERC20 token for making NFT auctions and trades,
• Implementation of the XNO trade fee discounts
• Integration of USDC ERC20 as a stable token trade pair
• Royalty payouts in XNO and USDC as well as ETH
• Integration of Xeno partners listing fee discounts
• Gas optimizations

The above items are a great mix of what Xeno is cooking and we are just getting warmed up! We are looking forward to bringing more progress announcements as they come, so please stay tuned!

-the Xeno Team

Xeno Official Website: https://xno.live

Xeno Whitepaper: https://docsend.com/view/ic8b5tfpvxf8btdf

Xeno Official Medium: https://xenonfthub.medium.com

Xeno Official Twitter: https://twitter.com/xenonfthub