AGiXT Coin Updates #1385
Josh-XT
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Announcements
AGiXT Coin Updates
#1385
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Great plan! I would like to get an update about the OTC. !! Crazy week! |
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Small correction! We actually receive 8.2211M AGiXT tokens every 2 weeks, not 22.5M. The plans otherwise remain the same as stated above. |
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The burn is also complete. |
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Hello everyone!
The past week has been pretty wild for me and I have been doing my best to learn how to approach the situation that I have found myself in with the AGiXT coin and all of the new attention it has brought to the project. The support for the project has been overwhelming and is more appreciated than I can put into words. I have spent a lot of time discussing with experienced investors in the crypto space about how I am supposed to proceed and what is expected of me. There was never any reality where I would "rug pull" people that showed any kind of faith in my work, it honestly makes me sick to my stomach knowing that some people are just okay with doing things like that. I do not believe that you have to harm your fellow man to get ahead.
For a small recap, I have 450M of the AGiXT coin vested locked up and the dev wallet is currently holding 71.65M of the supply, which I am told makes people uneasy, and I want to just mention that I might be even more uneasy over it. I have not moved or touched any of the supply yet.
I am writing this post to inform of the intentions in the future after having discussed with advisors and the theoretical plan for the dev wallet is as follows:
I will be burning 6.5% (65M AGiXT coins) current supply holdings (currently worth ~$4M USD), this will leave the dev wallet with 6.65M AGiXT coins. The amount added to the dev wallet will be
22.5M8.2211M AGiXT coins biweekly.If either wallet exceeds a total of $1M USD, the excess will be burned unless it is already allocated by a pending event such as a hackathon. We will prefer OTC sales to exchanges to avoid any negative impact on the price of AGiXT. We have been approached by some interested people in buying OTC and are open to discussing this with anyone interested in scheduling a purchase.
Thank you all again for your interest and support of AGiXT!
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