There have been some important CAIx announcements yesterday evening / overnight, depending on which time zone you live in. Let’s take a look at what you have missed in case you were asleep!
First of all, the CAIx Foundation has been announced. This Foundation will consist of community members, investors, Not everyone will be able to join the party though, as there are quite some requirements you have to meet.
Foundation members will have to own a substantial amount of CAIx.
Foundation members must have a complete understanding of our projects.
Foundation members must have reach in the crypto community at large.
Foundation members must be aware of what is happening in crypto world.
Foundation members must be IRC active and able to attend a weekly meeting.
As you can see, the requirements are not very hard to meet, and you don’t have to meet all of them either. A total of 12 members will make up the CAIx Foundation, with more members to be added at a later today after an internal voting process.
“The purpose of this Foundation is to expand our reach into the crypto community,
act as a supervisory committee of our various projects, and vote on steps we are
about to take in one way or another.”
In order to benefit from the CAIx Masternodes, you do not need to own one.The CAIx team knows that not everyone will be able to afford a Masternode, but the process of creating more Masternodes will only increase the value of CAIx.
“The first tier of CAIx Masternodes will start at 20000CAIx, second tier will be at 15000CAIx,
third at 10000CAIx, and fourth tier will start at 5000CAIx. After some feedback from community: we decided to create a fifth tier for first distribution, set at 2000CAIx.”
So what exactly does a CAIx Masternode do? It mints an amount equal to or higher to the figures above. Each CAIx Masternode will receive a share of our first distribution of dividends. This distribution will start as of Monday June 30th.
Said CAIx Masternodes have to be active for at least 30 days, during which screenshots will be taken and saved for comparison and later distribution on active nodes. This will all start taking place Sunday June 1st , and the first 30 day period will conclude June 30th.
“More distributions will be done as our projects make more and more profits and
and a portion is set aside for dividend. Higher tiered masternodes will receive
higher rewards, dividing your masternodes on smaller tiers will cause your reward
“This will create better buys for CAIx as people will seek to accumulate
enough CAIx for the next tier. Over time, we will eliminate the lower level tiers,
causing a forward moving trend to own higher level tiers, pushing the price higher.“
A very interesting proposal to get more people investing in CAIx, and also for removing some coins from circulation as they are tied up in the Masternode project, We will keep you updated on this project as we receive more information.
CAIx donations are welcome to : XtHNepwZgq2aVWuLsaSMNz4GxztDujqbr8