Xoken Labs is a Bengaluru, India – based company, committed to revolutionize financial services via secure distributed P2P solutions, effectively addressing challenges pertaining to trade, trust & ownership. We are building a decentralized platform based on blockchain technology and the Xoken project aims to create a next-gen decentralized smart economy. We believe in distributed, innovative teams and love to push the frontiers of distributed ledger technology.
Xoken will remain an open source community project, the company Xoken Labs is not in the business of pursuing intellectual property rights or patents. We rather value research paper publications in reputed journals and peer review/acceptance. Although Xoken Labs has altruistic goals/intentions it is a for-profit organization and team will reserve a fair share of value tokens for their continued contributions technical or otherwise.
Xoken project intends to conduct a fair and widespread initial token distribution with a combination of distribution mechanisms like airdrops, redeemable vouchers for profiled early adopters & evangelists, public Token sales and private investors. We also plan to reserve a significant portion to Indian nationals wherein the tokens can be claimed after completion the KYC procedures to spur adoption.