Dear EXX users:
Since the new upgrade of the EXX platform, we have pursued the ultimate goal of protecting users' rights and interests. We received good user feedback after the removal of the project tokens.This time, we will continue to review all the projects of the platform. The review mainly considers whether the project has continuous operation in the process of industry changes and whether there are good secondary market transactions in the token. Project tokens that do not meet the conditions will be taken offline.We welcome the project party to communicate with us about this information and submit relevant information.
The removal review includes but is not limited to the following aspects:
- Whether the project team promotes the project in accordance with the white paper and community agreement. This includes the extent to which major events are achieved at the main time nodes published by the white paper, and the extent to which the business model is implemented.
- Project technology implementation progress. Including the progress of smart contract development, the progress of the main network.
- Project data progress. Including chain operation data, Dapp project operation data, or third-party developer related data, etc, community model
2.Founding team status
- The core team members left the company continuously.
- There are commercial unethical or dishonest behaviors in the core team members. For example, suspected of operating the market, misleading the community, individuals face major legal issues, or the transfer of benefits of related projects.
- The core personnel of the team were notified of violations by the judicial department, regulatory authorities, etc.
- Negative reports or comments such as major scandals.
- The main information channels of the project are inaccessible, such as the official website, GitHub, social media and community.
- Social media has not disclosed any project progress information for more than one month without prior notice.
- Project propaganda involves exaggeration, inducing community, malicious fraud, manipulation of currency prices, and other behaviors that seriously harm the interests of the community.
- The project party sells the tokens in violation of the white paper after the project goes online through other means such as replacement.
- The project founding team or foundation did not unlock the token or transfer the token privately in accordance with the white paper without public disclosure.
- The project is unmaintained or cannot be directly linked to the project's operations staff.
- The core business of the project is actually in the form of subcontracting. Such as technology development and commercial promotion.
- There was a major negative news in the operation of the project. Such as the exchange of interests, the existence of major technology or product loopholes.
The project has not been able to complete the project advancement in accordance with the white paper. Such as the extension of the main network, product delays and so on.
- Can not cooperate with EXX in time to deal with sudden abnormal fluctuations of tokens.
- Do not respond to the community, or maliciously harm the community.
- Other major emergencies, etc.
Based on the above criteria, we will announce the second batch of off-line currency at 18:00 (UTC+8) on August 10, 2019.
Thank you for your support of EXX. We will make unremitting efforts to protect the rights and interests of the users, cooperate with the project parties to jointly promote the progress of the project, and maintain the fairness, openness and transparency of the blockchain industry.
July 31, 2019