CrowdSwap.org “Crowd Sale” WXX (BEP20) Launch

WXX (BEP20) Crowd Sale with Reward Incentive Program

Objective

Starting Monday, December 16th(1pm PDT/8pm UTC), to encourage early participation in the launch of the WXX (BEP20) token
(contract address: https://bscscan.com/token/0x0109d6994093539245Aa820B9c98405b0648f0B4) im CrowdSwap Website, xx Labs Ltd is creating an xx rewards program that will reward participants that purchase WXX(BEP20) in the “Crowd Sale” pool on crowdswap.org.

Proceeds from the sales pool will only be used to create liquidity pools, first on CrowdSwap and then later on Pancake Swap.

At the end of the “Crowd Sale” campaign (February 14th, 2025), participants will receive their purchased WXX (BEP20) tokens. If the pool sells out before the deadline, tokens may be released earlier but this will be at the discretion of xx Labs. To receive Incentive Rewards, participants must hold their WXX tokens for a minimum of 28 days in their wallets after the purchase date. The holding time is considered to begin from the time of purchase, not the end of the program. So, for example, if a participant purchased on the first day of the crowdsale, they will have easily met the holding requirement of 28 days, while on the other hand if a purchase is made 1 day prior to the end of the crowdsale, although they will receive their purchased WXX (BEP20) upon conclusion of the sale, they will be required to hold their purchased WXX (BEP20) for 28 additional days from the time of their purchase in order to be eligible for the bonus rewards program.

When the sale concludes, participants will be able to connect multichain wallets, such as MetaMask or Trust Wallet etc, which they used to purchase WXX (BEP20), through a secure web-based app that the xx Foundation will produce. Using this app, participants can submit their native XX addresses and verify their purchased WXX(BEP20) balances by signing a message in the webapp.

Verified participants will receive Incentive Award XX coins directly in their registered native XX accounts.

The sales pool will consist of 2,000,000 WXX (BEP20). The reward incentive program will allocate 1 million XX coins for the rewards distribution pool.

Note: To ensure compliance, the program is not available to U.S.-based participants.

Detailed Program Terms

1. Purchase WXX (BEP20) Tokens via CrowdSwap “Crowd Sale” web application.

Platform Access: Users will access the Crowd Sale via (https://app.crowdswap.org/opportunity), where they will see the WXX(BEP20) Crowd Sale opportunity. Any major cryptocurrencies may be used to purchase WXX via Crowdswap’s built in swapping mechanism. Proceeds will convert to USDT via the Crowdswap platform.
Native XX Account Address Submission: Before users can receive any of the XX incentive rewards they will also be required to submit their XX account address (non-exchange) or create a new one if they don’t already have one. This will be done via a web application being created by the development team.

Note: Access link to the verification web app is TBA prior to the end of the crowdsale (Feb 14th 2025).

2. Web-based Wallet Verification
Once available, participants will use the verification web app in this way:

Connection: Users will connect their wallets (e.g., MetaMask, Trust Wallet) to the web app. It will detect and confirm the account used to purchase WXX (BEP20) on CrowdSwap.
Verification: Participants will sign a message from their wallet, allowing the platform to verify their WXX balance on the Binance Smart Chain (BSC) and how long it was held. This signed message verifies eligibility without relying on a centralized tracking system.
Incentive Reward Eligibility: Verified balances will determine the user’s eligibility for a reward of XX coins into their native xx account, based on a tiered reward system linked to their WXX purchase amounts.

3. Incentive Award Holding Period Requirement

Holding Period: Participants must hold their purchased WXX (BEP20) tokens in their account for 28 days to qualify for the incentive reward.
Verification: The 28-day holding period will be confirmed via a signed wallet message, ensuring manual or automated verification of the balance.

4. Reward Pool Distribution

Total Reward Pool: 1 million native XX tokens will be allocated for the reward incentive.
Dynamic Tiered Reward Structure:
- Base Incentive Award: 5%
- Incremental Incentive Award: Increases by 0.1% per 1,000 WXX purchased, capped at 20% for purchases of 150,000 WXX or more.
- Example:
  - 1,000 WXX: 5.10% Incentive Award
  - 5,000 WXX: 5.50% Incentive Award
  - 50,000 WXX: 10.00% Incentive Award
  - 150,000 WXX or more: 20% Incentive Award (capped)

5. Volume-Based Multiplier Incentive

Full Purchase Incentive Award: If the 2 million WXX pool is fully sold, all participants will receive an additional 1.4x multiplier on their original Incentive Award.
Example After Multiplier:
- 5,000 WXX Purchase: Original Incentive Award of 5.50%, increased to 7.7% with the multiplier.
- 50,000 WXX Purchase: Original Incentive Award of 10%, increased to 14% with the multiplier.

6. Lockup and Vesting Period for Incentive Awards

Initial Lockup: All rewards will be subject to a 9-month lockup period, during which the coins cannot be transferred or sold.
Vesting Options for Additional Incentive Awards:
- Participants can also choose from three linear vesting periods to commence once the initial 9 month lock expires:
  - 3-month vesting: Additional 5% Incentive Award
  - 6-month vesting: Additional 10% Incentive Award
  - 12-month vesting: Additional 20% Incentive Award
- Example: A participant with an initial 5,000 XX Incentive Award choosing a 12-month vesting period will receive an additional 1,000 XX coins spread over the vesting period.

7. Automatic Reward Distribution

Post Verification: After the 28-day holding period and verification via the web app, eligible participants will receive their XX coin Incentive Awards directly into their native XX accounts. Reward distribution will occur randomly within 1–2 weeks, adding an additional layer of privacy and preventing predictability in token transfers.

8. Privacy Protection via xx Network

Privacy Measures: All user interactions with the web app—including wallet connections and message signatures—will be routed through the xx network using xxRPC. This ensures that personal metadata remains private and secure.

Legal Disclaimer

Participants should be aware that the xx rewards may be subject to taxation, depending on local regulations. The xx Foundation recommends that participants consult a tax advisor to understand any tax obligations associated with receiving XX coins. This program does not constitute investment advice, nor does it guarantee any specific return or profit.

Excluded Participants

To comply with applicable securities regulations and international law, participation in the program will not be open to all. Access to the program webpage and web app will be restricted for users located in the United States, American Samoa, Guam, Northern Mariana Islands, Puerto Rico, United States Minor Outlying Islands, Virgin Islands, North Korea, Cuba, and Iran.

Summary of Participant Steps

Purchase WXX on CrowdSwap: Participants acquire WXX (BEP20) tokens through the CrowdSwap “Crowd Sale” pool.
Hold Tokens for 28 Days: WXX tokens must remain in the participant’s account for 28 days, once received, to qualify for incentive rewards.
Connect Wallet and Submit Native XX Account Address: Participants connect to the web app, submit their native XX account address, and sign a message to verify their WXX balance.
Choose Vesting Period: After the 9-month lockup, participants will select a vesting schedule to receive additional Incentive Awards.
Receive Rewards: Verified XX coin Incentive Awards are distributed automatically to participants’ native XX accounts after the program concludes.