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XCIENTOS (XCI) - Empowering Community Governance and Investment

Abstract

XCIENTOS (XCI) is a groundbreaking cryptocurrency designed to transform the governance and financial landscape of blockchain projects. Utilizing the Quark algorithm, inspired by Pivx's blockchain fork, XCIENTOS introduces pioneering features including DAO governance, Masternodes, Staking, and Investments. With a pre-mine of 300 million XCI and a total supply of 1 billion XCI, XCIENTOS aims to empower its community through transparent governance and strategic investments.

Introduction

XCIENTOS (XCI) goes beyond being just a cryptocurrency; it's a community-driven ecosystem that reinstates power into the hands of its users. By emphasizing governance, investments, and community rewards, XCIENTOS strives to create a sustainable and prosperous environment for its users.

Specifications

1. Name and Short Name:

  - Cryptocurrency Name: XCIENTOS

  - Short Name: XCI

2. Block Reward and Pre-mine:

  - Block Reward: 300 XCI

  - Pre-mine: 300 million XCI

3. Total Supply:

  - Total Supply: 1 billion XCI

4. Masternodes:

  - Masternodes Reward: 50% of XCI

5. Algorithm and Blockchain Fork:

  - Algorithm: Quark

  - Blockchain Fork: Pivx

6. Key Features:

  - DAO Governance

  - Masternodes

  - Staking

  - Investments

7. Initial Price:

  - Initial Price: $00.001 USD

Differentiating Factor

XCIENTOS distinguishes itself not through its code or algorithm but through its governance model. Unlike many projects that rely on speculation and mining difficulties, XCIENTOS introduces a governance structure that prioritizes community involvement, investments, and sustainable growth.

Masternodes and Governance

To run a Masternode, participants need an initial investment of 1,000,000 XCI, plus IT infrastructure cost. Masternode holders gain voting rights in the Decentralized Autonomous Organization (DAO) governance model, influencing project decisions. They also receive 50% of the coins mined on the blockchain.

Pre-mine Transparency

Except for the ten million coins reserved for operating ten Masternodes, none of the pre-mined XCI coins will be allocated to founders or staff. Instead, these funds will be dedicated to securing adoption, supporting marketing efforts, covering running costs, and facilitating the transition for DAO's takeover at the conclusion of the project's inaugural season.

Revenue Distribution

XCIENTOS plans to establish revenue-generating businesses to support the community. Revenue distribution will be as follows:

-10% for God's work (Charity, not areligious)

-05% for Tech Development

-05% for Marketing

-80% for Business Investments

Founders and Staff Incentives

Founders and staff have the privilege of running up to ten Masternodes with an allocated XCI count of 10,000,000 XCI. However, their voting power will never exceed 35% of the total pool, ensuring a fair and decentralized governance transition when the DAO model takes over. After the project is in its 2nd year or XCI reaches a $10.00 USD value, they are able to distribute those XCI as they see fit, without ever taking more than 10% of the total market volume in a 24 hour period.

Custodian's Executive Privileges

The Custodian will have executive privileges, including the power to suspend the DAO in the face of threats or after presenting evidence publicly to the community, where there is any malicious intent by any party. The Custodian will also have the power to take decisions without consulting the DAO in cases of emergencies,  when great opportunities that will push the community forward must be seized in the moment and with any hiring, firing decisions and staff related matters.  The Custodian will also handle ad hoc executive duties and have the power to call for community votes on any matter and at any time.  It is understood that these executive privileges are IMMUTABLE rights and may be altered or relinquished ONLY by the Custodian himself and not by any person that is temporarily holding the position.

Conclusion

XCIENTOS envisions a cryptocurrency ecosystem where community governance, transparency, and strategic investments drive success. By combining innovative features with a commitment to community empowerment, XCIENTOS aspires to set a new standard in the world of blockchain projects. Join us on this exciting journey towards a decentralized and prosperous future with XCIENTOS (XCI).