“Community Power” First Project——AXE
Coinw 2019-09-08 18:37:15
Dear CoinW users,
CoinW will launch “Community Power” serial events on Sep 9th. We will select quality projects and start deposit and withdrawal in advance. Users can deposit the corresponding assets and help its listing through FansUp! The project will get listed on CoinW Potential Zone when the community power reaches the listing requirements within 48 hours after the event starts.
The first project of “Community Power” is AXE. Users can help and support the listing of AXE by increasing CP in FansUp! page. For this event, the total amount of CP is 10000 and the ratio is 1 AXE=1 CP. When the value of CP reaches 100%, the event is successful and all participators will share 2000 AXE.
Event Period: Sep 9th 16:00—Sep 11th 16:00(UTC+8)
Detailed information is as follows:
Register CoinW and complete identity verification
AXE will be used to facilitate AXE listing
Participators shall own 20 AXE at least
2. “Community Power” Facilitation
CoinW will start the AXE listing event at 16:00(UTC+8) on Sep 9th in FansUp! page. If the value of CP reaches 100% within the stipulated time, AXE will then be listed in CoinW Potential Zone.
Please note that CoinW reserves the right to terminate the event and listing if there is cheating behavior.
Ratio: 1 AXE=1 CP (Community Power)
Minimum limit is 20 AXE and the maximum limit is 50 AXE.
3. “Community Power” Listing
If the event is concluded successfully, AXE will be listed in the Potential Zone on the following day and the pair is AXE/CNYT.
4. “Community Power” Incentive
Users who participate will share 2000 AXE according to their CP value. The CP value will be reset after the rewards are distributed and the AXE will also be returned to accounts after the event.
Incentive Rewards Calculation:
Rewards Amount=CP Value/10000*2000
For instance, user A used 50 AXE to facilitate the event and obtained 50 CP. Then, the reward amount for A is 10 AXE(50/10000*2000).
Thanks for your support!
Sep 8, 2019
AXE is a decentralized X11-based cryptocurrency. The foundation of AXE network is hybrid PoW/PoSe system. First-tier nodes provide hash power to move data and secure the blockchain, while the second tier of full nodes adds extra privacy and increases network performance.
Official Site: https://axerunners.com/
Trading blockchain commodities carries a high level of risk (pre-mining, price volatility, banker manipulation, team disbanding, technical defects, etc.). According to the government statement, CoinW make efforts to select high-quality tokens and provide a free online exchange platform for blockchain fans, but bears no responsibility for review, guarantee or compensation for the investment.
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