Boxie IDO will be released soon, let’s get to know this new cryptocurrency star
According to Boxie’s official media announcement, Boxie Network will release a total of three IDO phases in the near future. The detailed plan is as follows:
Quantity: 50,000 $BXE;Price: $6;Place:Boxie IDO platform
Quantity: 350,000 $BXE;Price: $9;Place:Boxie IDO Platform
Quantity: to be determined;price: expected to be more than $12;Place:public offering on a third-party platform
What is Boxie and why is it possible to surpass SOL (Solana) in the future?
According to the white paper, Boxie Network is an anonymous smart interactive contract operating blockchain system.
At present, Boxie’s testnet mining airdrop activity has been completed. According to the balance of the blockchain explorer and the officially announced airdrop ratio (100:1), the amount of this airdrop is about 700,000 to 1,000,000 U.S. dollars (based on its announced first phase IDO price calculation).
Richlist from Boxie testnet exolorer
According to its medium article, the official plan is as follows:
After IDO is completed, mainnet mining will be started. Since mainnet mining requires a certain amount of staking, it is bound to stimulate the demand for BXE to a certain extent, thereby stabilizing or even increasing the market price.
According to the white paper, mainnet PPoW+NFT chip mining accounts for 59% of its total issuance, and another 26% is used for DeFi+metaverse+NFT+E-Defi mining. The NFT auction market is expected to open soon after the mainnet launched, which will cause BXE’s second surge in demand in addition to stakes. It can be seen that the economic model is well thought out.
In the subsequent process, Boxie will gradually start Metaverse game mining (third-party developers cooperation), DeFi staking mining and other diversified ecology, avoiding the risk of many start-up projects crashing due to early market demand.
In addition, it is worth noting that the Boxie white paper mentioned that the first developer ecological conference will be held in Q3, 2022 and the ecological incentive activities will be launched. The total reward value is expected to exceed 1,000,000 US dollars. More developers are encouraged to join the Boxie ecosystem and support The dapp is directly migrated from ETH, BSC and other mainnets to Boxie. The ambition is evident. It is very worthy of the attention of users with technical foundation.
2021 is a crazy year for the crypto market. In this year, we have seen many coins that have no practical applications have huge increases. The coins that focus on ecological development like Boxie Network must have considerable potential.