The first stage of XT IEO launched on the new ExtStock launchpad (https://extstock.com/ieo/xt) ended ahead of schedule. It took investors 40 seconds to buy back the first pool of 100 million XT tokens put up for sale at a price of $0.009 per token.
Unfortunately, many traders who didn't manage to take part in the token sale were not satisfied and accuse the exchange of dishonest distribution of tokens.
The management of the exchange apologizes and considers the issue of collecting preliminary applications, as well as issuing lottery tickets if the volume of applications exceeds the volume of the pool of the next stages of the token sale.
This event is confirmed by the fact that exchange tokens, which have an internal fundamental value, remain in demand among crypto traders, coin developers and investors.
The second stage will begin on February 15. Then a second pool of 150 million tokens will be set at a price of $0.015 per token. The third stage starts on March 15 at a price of $0.025 per token.
Trading in the XT/ETH pair will be open next week, tentatively January 20-23, 2020.
XT Token is an ExtStock internal native token released on the Ethereum blockchain. Initially, it will be used to pay exchange fees and exchange fees. Later, the token will be the basis of the ExtChain decentralized network and will be used when voting for token listing and other important issues of democratic exchange management.