Let me start off first by saying the team behind XIOTRI are all long time crypto-enthusiasts. We are traders, developers, large scale miners, derivatives and options traders, and we are all active in the crypto community. I can assure you that absolutely no one from the team was anticipating the mass amount of interest we have for our platform, and our ideas — and the absolute hunger from the market for something that is not just a retread, and something fresh in the DeFi space.
In the DeFi space, we are seeing a constant rehash of ideas with regards to the yield farming and liquidity mining market. Although that is an interesting space to us, our endgame is not just to clone something that was already created, but to bring something novel to the DeFi market. We want to create something that hasn’t been seen before, something more robust - so that there can be more rewards for everyone, not just a select few.
Since XIOTRI’s inception, our community discord server has grown to over 1500 people. Our telegram has over 700 active users, and over 1100 addresses hold some XIOT. We have taken steps to build trust with our community by locking up 10% of the XIOT tokens, leaving only 200 XIOT to pay developers, engineers, designers, a head of product, and even a couple of community managers.
The ability to move fast and adapt to market conditions is what we believe is going to allow us to persevere through the changing market conditions. Our team is taking a massive risk by developing in this ecosystem, just as the market is taking a massive risk by investing in our first token XIOT. Especially being as guarded as we are about what we are building.
With that being said — we do acknowledge your patience with us. In an industry that went from TACOS and YAMS to PASTA and SUSHI in about 9 days we feel confident taking whatever verbal backlash is sent our way directly on the chin so that when we do launch our platform it will absolutely move this market in the direction that we want it to move — forward.
As we move forward, we will work diligently and continue to disseminate as much relevant information to our community as possible. Expect some further explanation on the RI token, an announcement with regards to our stakable assets, a new and refined roadmap, additional employee announcements, and a plethora of other news will be coming soon. Stay in touch via our telegram, discord, twitter, and website.
