What is EXRT Network?
EXRT Network is a highly scalable innovative blockchain
that is developed to support & secure ecosystem of decentralized crosschain applications.
Sub-second block times ensure high throughput (1,000 TPS - 100,000 TPS) needed for EXRNchain crosschain ecosystem and massive scalability for smart contracts and DApps.
EXRT VM is based on Ethereum Virtual Machine (EVM) codebase which allows for support of reliable decentralized applications and cross-blockchain DApps (running on EXRNchain).
Innovative Consensus Algorithm
EXRT Network is exploring different consensus algorithms (DPOS, Threshold Relay, Tendermint, Casper POS) and will be based on the most secure and reliable of them (after sufficient amount of testing).
EXRT Network is the core securing the EXRNchain ecosystem that allows for crosschain transactions and has dozens of use cases. This allows EXRT network to be an interoperable blockchain.
EXRT Token Features
Crosschain Fees & Fuel
Any crosschain transaction on EXRNchain makes a purchase of a small EXRT amount as a fee. EXRT is a digital fuel to interchain transfers and ecosystem of applications.
EXRT is a governance token that allows stakeholders to vote on everything that happens in the network (soft\hard forks, protocol upgrades, integrations, difficulty).
EXRT has 2 staking ways:
a) rewarding stakeholders for securing the EXRT & EXRN networks with block rewards. b) EXRNchain fees will be distributed fairly between all stakers on EXRT network.
EXRT Network team consists of 3 core and 2 volunteer developers.
Yon Jung Founder
JS, Solidity developer. Has experience working with Ethereum and other blockchains for over 2 years. Launched private blockchain for Korean enterprise data company.
Zhuan Wen Co-founder
Solidity, Golang developer. 《以太坊》中国深圳 member, executed fair distribution of EXRN tokens during the launch, built TAI from scratch.
Vadim Belov Head of EXRNchain Projects
Java, C# and Python developer. Has a deep vision on how decentralized exchanges should operate and how to make people use them. Working on EXRN/T western enterprise expansion.
Nassim Bahloul UI/UX Designer
Extensive background in UI/UX and web development. Has over 10 years of experience working for large corporations, such as SAP.
EXRT Network Roadmap
First Distribution of EXRT:
March 2018 ✓
First batch of EXRT tokens sent to those who signed up. EXRT trading opens on the open market.
April 2018 ✓
EXRT trading pairs opened on IDEX, DDEX and Enclaves.
EXRT Network Begins Hiring:
April 2018 ✓
EXRT Network opens hiring form to expand the development and marketing team.
EXRT Network Testnet Registration: January 2019
Registration form opens that allows you to join EXRT Network testnet.
EXRT Network Testnet: January 2019
Building EXRT Network testnet with support of smart contracts\dApps, testing of backend crosschain implementations.
EXRT Network Alphanet: Q3 2019
Alpha testing of EXRT Network on private testnet. Audition of issues.
EXRT Network Betanet Release:
Q1 - Q3 2020
Beta version of EXRNchain is released on the public EXRT testnet, connecting with public testnets of other blockchains.
Launch of EXRT Network Mainnet:
Q3 - Q4 2020
Launch of EXRT Mainnet & swap of ERC20 EXRT tokens to EXRT mainnet coins. EXRNchain protocol and documentation released. EXRNchain Network Projects Fund (ENPF) established.
EXRNex & EXRNswaps Beta:
Q3 - Q4 2020
Beta of two exciting project based on EXRT Network:
EXRNex - Decentralized Exchange
EXRNswaps - Atomic Swaps
EXRT's relation to EXRNchain?
EXRT Network is being developed by EXRNchain team and is designed to support and secure EXRNchain ecosystem. However, EXRT Network is an independent blockchain and it's features are not limited by suiting some needs. EXRT Network can be used by any developers to create and run DApps, blockchain projects and protocols on.
Total Supply: 1 Billion EXRT
Distributions: 500 Million EXRT
Team: 200 Million EXRT
Investors & Partners: 200 Million EXRT
Ecosystem Development: 100 Million EXRT
When exchanges & whitepaper?
EXRT Network team is working to get EXRT listed on different exchanges, but there is no estimated time on when this will happen.
Currently EXRT Network team is more interested in launching testnet in the coming future than writing a whitepaper. We might do it at some point, but not sure that it is needed once we launch the test/mainnet.
What is current circulating supply?
There are 62.5M EXRT set for each distribution. As currently only 3 distributions happened, the circulating supply at the moment is 187,500,000 EXRT. Some of team\partners\ecosysytem tokens can join circulation at any time as they are not locked.
Why is EXRT an ERC20 token?
EXRT has been deployed as ERC20 token to distribute it among EXRN holders and allow for free market trading of it, while it is still being developed. Once mainnet launches, EXRT tokens will be swapped to mainnet coins.
Can I purchase EXRT allocation directly from the team?
Yes, there are 200M EXRT tokens set aside for investors and partnerships. Please email us at [email protected] with your offer and amount of ETH\BTC you would like to invest.
There will be only 1,000,000,000 EXRT issued, 500 million of which will be paid to EXRN token holders during the 2018 & 2019 years (each quarter).
Minimum amount to receive EXRT:
10,000,000 EXRN (10 million)
If you bought from the EXRNchain team - no minimum.
So, how to receive EXRT tokens?
1. Hold your EXRN in your wallet.
2. Sign up for EXRT distribution.
3. Wait until distribution of EXRT.
The rate of distribution will be calculated depending on the amount of holders signed up.
If you have less then 10M and you didn't buy from the team: do not sign up, you are not eligible for EXRT distribution!
Any EXRN tokens purchased from EXRN team are eligible for 10x higher EXRT distribution rate. Meaning, that any EXRN that you buy directly from team at any moment will get you ten times more EXRT rewards if you decide to hold them.
- 1B Total Supply
- 500M Airdropped to EXRN holders
- Payout every 3 months
- 8 payouts scheduled
- Converted to mainnet in 2019
- Used to pay fees for cross-chain transfers and to secure crosschain network with nodes.
# - Status - Month - Holders - Total EXRN - Rate
#1 - Distributed - March - 1838 - 35.8b - 0.000916
#2 - Distributed - June - 1883 - 40.86b - 0.00059
#3 - Distributed - October - 1454 - 38.3b - 0.00064
#4 - Distributed - January - 1174 - 35.57b - 0.00083
#5 - TBA - TBA - TBA - TBA - TBA
#6 - TBA - TBA - TBA - TBA - TBA
#7 - TBA - TBA - TBA - TBA - TBA
#8 - TBA - TBA - TBA - TBA - TBA
*TBA stands for "To Be Announced"