Project X: Fostering Sustainable Growth in the Qubic Ecosystem 🌱
Qubic, a Quorum-based distributed ledger technology platform, has launched Project X as part of its commitment to sustainable growth. This new initiative brings a set of enhancements aimed at balancing emissions, boosting earnings, and empowering community-driven development. Learn more about the key features and benefits of Project X for all stakeholders involved.
Building a more sustainable Qubic ecosystem 🌿
- Project X aims to benefit Qubic users, developers, community members, and partners.
- A protocol upgrade allows specialized nodes to allocate rewards to ecosystem initiatives.
- Qubic has reduced emissions by 15% with plans for annual supply halvings.
- The initiative caps the total supply at 200 trillion QUBIC, an 80% reduction.
- Stabilizing the network through emissions balancing and token burns is crucial for growth.
- The supply cut lowers the Fully Diluted Valuation from $1.7 billion to $340 million.
- An 8% allocation of emissions to the Computor Controlled Fund (CCF) for development and marketing.
- The community initiative rewards participants for locking QUBIC and reduces circulating supply.
- Project X emphasizes decentralization, innovation, and community engagement.
A new chapter in crypto innovation and the future of Qubic 🚀
Alber Fernandez, Qubic’s Ecosystem Representative for Europe, praises Project X as a step towards decentralized operations. This initiative marks a significant moment for the crypto community, uniting efforts to promote sustainable growth, mining, and long-term success. With Project X in motion, Qubic is set to transform its ecosystem through phased rollouts scheduled until late September.
Hot Take: Embracing Sustainability for Future Crypto Growth 🌍
As a crypto enthusiast, being part of sustainable initiatives like Project X is crucial for the long-term success and growth of the ecosystem. By balancing emissions, reducing supply, and fostering community engagement, Qubic is setting a positive example for other projects to follow. Stay tuned for more updates on how Project X shapes the future of crypto innovation and sustainability.
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