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Special Live AMA: XPerks Club, L1X Nodes and Airdrop Campaign

🎙️ Join us today at 5 PM AWST / 9AM UTC for a Special Live AMA! Exciting updates await as we delve into the highly anticipated release of XPerks Club, L1X Nodes, and the thrilling L1X Swap Bounty Airdrop campaign. Don't miss this exclusive opportunity to gain insights, ask questions, and be part of the discussion shaping the future of Layer One X before Launch. Set your Timer and join us live! Read about XPerks Club: https://l1x-sdk.gitbook.io/l1x-foundation/xperks-club-program-new Read about L1X Nodes: https://l1x-sdk.gitbook.io/l1x-foundation/node-hosting-on-l1x

LayerOneX

Streamed 5 days ago

unless I'm greatly mistaken we are live so good morning good afternoon good night everybody where are wherever you are in the world obviously Chief is somewhere where it's night time I reckon that's a legitimate background is it sir it's it is a legitimate background of Perth yeah it's not yours though it's not where you are it's it's all it's all fake as you can see I'm very authentic with my blur background here it's all that's what my house looks like with three kids a blur um no but it's it'
s great to have everybody on obviously we uh got got people already in the audience of been um I've been good morning in the chat for a little while uh lots of Hell in there so it's great to see everybody I think this is a quite the space that people have been waiting for you know we've got the expert clubs update we've got the a bit of a nodes update a bit of the air airdrop campaign lots of exciting talking points uh lots of big Community Based activities happening um give us give us the rundo
wn Chief what's been going on in the background for you uh you know not a lot we sort of been sitting here just you melling yeah our thoughts and no the reality is that I don't think we've stopped and I think it's probably been about it's over two years now of um complete nonstop um we're now reaching um uh I think the the crescendo of tge and uh we're all pretty excited about that um that's for sure um and leading up to that obviously we've got this little thing called um experts so I think um
match will be joining us very shortly um and he'll start going through it all but um for me look it's been um uh been pretty full on uh everything from uh um lining up the cxs um all the way through to uh um you know all the other aspects around the projects um I've been on God knows how many calls with them um and the telegram chats just it's just been fullon um has not stopped and it literally goes 247 yeah 100% I can confirm that obviously being in the some of the chats with some of the setup
s and things like that it's one of those if you got an Apple Watch you got to take that off because you can't sleep like that just constant like buzzing in the background um you know so as you said Lots going on and understandably so as well because we're what is it if I if I math correctly which sometimes is a bit of a mystery uh What uh 14 days away yeah yeah I think it's h that part of it is getting pretty exciting um we we're look we're we are all really looking forward to that we we've it's
been a long time coming um and there's been a lot of development work and I I I think um sometimes uh even though we talk about it we talk about with Kevin the amount of work um and development effort that has gone into L 1X um is beyond I think most people's comprehension um I've been involved in in um you know the IT industry um you know for a very long time decades many many decades and I don't think I've met anybody that's more um uh um switched on a more intelligent uh when it comes to tec
hnology uh than Kevin um the guy is just a he's a machine that's for sure yeah Le leading the way there it's definitely what we want you know I I find it quite funny we refer to Kevin in his dungeon you know with his two billion screens going on here uh and it's just basically you and match you in the office occasionally let him out for for food and water time and then stuff him back in the cage yeah sometime sometimes we just put the food in the door you know um now it's h now he look um so Kev
in operates um prob I think from a couple of different locations obviously home and and the office um and even though uh you know travel time for him isn't that long um I think sometimes those extra minutes make uh make all the difference um so and yeah I can confirm those screens in there he's got some of the biggest screens I've ever seen anybody use um I used to think that uh me sitting here with a couple of you 32 or 34 inch screens was uh was big no no I think Matrix set up what what's the
architect in The Matrix with all the screens everywhere that's what you need and uh the community would be happy to know that even though that Kevin is not here tonight or today or whatever it is wherever you are uh there will be a Kevin board making an appearance uh because we couldn't have a a space like this without a classic Kevin board and I'm uh super disappointed in sley that he hasn't come back with a gift already of of the Kevin board we need need that from the community guys we need we
need you to create some gifts around that because I think it's uh very important I see with uh I think that be NF actually yeah so get fa up on stage as well we be able to get I don't think the community see fa very often no no now it's like twice in a week so yeah fa I think um over in Turkey um I know they actually have these houses underground bit like coopered in in South you Australia um and I think fa is in one of those caves um sometimes he comes up occasionally he's been known to shave
as well so how are you manate now you're on mute fa that's a good thing right so it's the best way to have fa he talks a lot he's itching to get up there to say something I can tell that right now classic fa yeah just having having audio trouble yeah so I I see mat working way in the background there he'll have something for us shortly but I suppose uh you know perfect perfect time of Market we're seeing us leading into oh I suppose charging into what what would be the how I describe or how Kevi
n would describe as Pole Position you know where we're finishing off those laps where it's uh we're Racing for pole and we're about to pull into our pole position and then we're at launch day and launch day obviously being 242 before um you know huge significance around that um where we move forward from there but knowing that also it's just the start point this is this is uh the it's day one ecosystem growth really it's it's live on on mainnet on dexes on cxs on all that fun stuff um and it's y
ou know I don't think anybody uh could be more excited than also the team plus the community uh and huge huge shout out to everybody for for being in the journey for so long I know it's a uh as a as a I suppose early investor a lot of the time it's like a people go and check back in and go and check back in but to have you guys stick around and be so present and so um diligent with the journey is definitely something special as well so um props to everybody for being here we do have information
coming very shortly around all this sort of stuff um I'm sure fa is GNA work out his M any any time there we go we've got him we've got him he's done it hold off on fa just for a second but um look just want to give people an idea um so I was on a a call on Friday night so um I was um uh fairly busy on Friday evening but um uh then I had to get on a call about 10:00 end up getting off about 11: and um it was actually with a um another very extremely well-known um uh chain and to use the words um
that came from that individual um and we have actually spoken to them on um on amas So You Know not giving too much away but you'll work out is that they want to get their um some of their apps and you know like decks and all the rest of it on to us they're pretty desperate to do so um they're asking for all of our Tech docs and um how that the cross chain communication works and their their Dev quote is getting excited and wants to spend some time uh to see what he can build um purely around t
hat integration so um without giving any any names away um that's just yet another one that um was desperate jump on a call on Friday night um and obviously we're following up on that um and we will get them on board sometimes takes a little bit longer to to sort things out but yeah hey guys by the way sorry uh I think streamyard doesn't even recognize my microphone is where so like first of all it is I think my first time in here uh with streamyard uh for the community uh let me introduce mysel
f a bit I'm I'm Chief ecosystem officer right now uh but like it is a startup after all you know uh you can do lots of things in one team so uh but besides that I am Al like I am living like a NOS fat right now uh if you're familiar with the movie uh living in the nights uh since you know there's a huge time difference with the team I'm living in Turkey uh I'm having 400 a.m. calls instead of of 10 so uh for example yesterday and the day before that uh but besides that like uh I am here with the
team for at least like I mean 10 months 11 months something like that uh but what I saw from the very first day uh to begin with it was a like really amazing opportunity for me to uh get involved with a A Team like this uh but besides that uh when I look back and like try to think about that I can see the real growth in the um in the team in the in the experience in the in the network and like and the word actually so and this is even without launching anything uh and since we are going to laun
ch pretty soon uh I'm I think like our growth rate will be fire rocketing after that point I mean that's my observation at least yeah and if I um give us give a um l a little bit of an overview um describe yourself uh um in the crypto world how and so not just OG but uh definitely DJ uh yeah I I'm here since 2016 I was actually actually I have a PhD in engineering uh and I I was an assistant professor in a university in Turkey uh I quit my job because of my enthusiasm about blockchain Technologi
es uh you know have uh multiple uh projects at the same time founded some co-founded some uh but like I can easily tell everyone that I am a kind of Deen that like you kind of want to have in your team because uh I probably don't sleep uh that much uh and like if there is something going on in any chain literally uh I would probably know that or at least hear about that uh so like and that's that's what I do up until like from 2016 up until now uh and like since now I'm with an ecosystem uh I th
ink I can build it much better absolutely so what would you describe your role as so um CP people ask um who is fa um obviously yeah head of ecosystem yeah I mean like we are here to build an ecosystem right you know every layer one have its their own ecosystem and I think the most important part with the ecosystem building is you have to you know have multiple products uh in your ecosystem for people to use uh in a in the most convenient way let's say because uh we we are not here to over U let
's say over complicate everything or I don't know like but we are here to simplify everything but I'm gonna I'm gonna challenge that though mate because people go out there and they look at things like main coins um what my favorite subject abolutely but but you're sitting here saying that you know they've got to have substance they got to have you know projects all these sort of things but really what do the mes have just like I you just blocked your background and you know I'm not able to see
your environment but just just like like if anyone listens to us or like watches us just look around just look around yourself and look what you have around your room like I have this kind of gizmos over there there and I have a painting over there that you cannot see but I I am able to see and I put there intentionally to just look at it because it looks pretty so this is not just like nfts or meme projects or gegs or something like that this is about the things that you get excited when you ha
ve it that's called hype and not just that I mean this is there from the very first first day you know think about Dogecoin that was there right after Bitcoin and it was a meme like real Meme and after that point Doge became something really something else I had billions of Dodge Coin in 2016 I mean and we were just sending it to each other to just make fun of it and after some point it became a cultural thing because this is a new ecosystem it literally builded on 20 2010 like before that we we
re not existed as an ecosystem as a as a sector so after that point it became a cultural thing that's why now we have ongoing meme coin pre-sales or mem coin Hypes or nft projects or whatever people might not be understand that that feeling when you have a a very cool nftd or a very good meme coin or something like that in wallet but the real ogs or the people who is really adapted to web threeways I think they are really appreciating this kind of uh I don't know deanship that that became a cult
ure yeah memes are also um uh if you do a lot of research it's probably one of the first entry points for a lot of people these days into crypto um you know it's probably a lowc cost way that they can test the waters and and you know try things out so and I see we're just joined back by um by Matthew mat yeah yeah yeah yeah so how do we get on to memes started talking to the Jungle Brothers yeah yeah yeah I um I think there's so many different sectors within crypto and blockchain right so um you
know and really it's a you know people look at it as a as a kind of Technology experiment and just it's it's just as much a human experiment as well right you get people in and why they're here and how they become active and and I think fa mentioned this before you know you might have an entry into crypto and it might be you know your first step might be a centralized exchange or it might be a mecoin or whatever that is and then you start to kind of experience you know you might take some profi
ts from a mecoin and put it into a def5 project or you might do go the other way around you start to kind of play around and become an active user on chain so I think there's multiple different ways and there there's space for it all right ultimately um I think the experiment the blockchain human technology experiment will will refine down into the most most valuable things for people and that will be decided by people you know by by the user ultimately um and I think that's where l1x like from
my perspective l1x sits in a place where you name the sector meme defi teing uh dpin which is a you decentralized physical infrastructure Network um identity whatever that sector is interoperability is is an important part of the evolution the expansion of that sector right whether it's a you want to be a defi application on multiple different chains you want to have your meme everywhere uh you want to be an identity that can Sly move between between blockchains um or you know you want to have a
game and you want access to all users all and all capital across any chain so that's where l1x really comes into play and and I and you know me Mike fa we've all been having conversations with all these different projects and it all interoperability means something to all of them um you and it means it means something to them because um a lot of them have had obviously with their projects and with their users have had problems with um uh you know funds being um hacked and all sorts of issues wh
ether it's even down to just simple things like um uh transaction speed or transaction slowness transaction fees themselves all of those things Mount up for those users and it's not until now that really th those users have had a way of um of circumventing it to to actually do things properly the way blockchain should be you know blockchain is supposed to be decentralized and when you have centralized entities in there like Bridges um it's not real blockchain is it exactly actually like I I actu
ally want to add a an insight like that's kind of my imagination maybe but like just think about the uh the websites for example let's let's consider web 2 as an example in web 2 we are uh like logging in to websites to do some things you know and uh what that website is doing is they are uh using multiple service providers like hosts like I don't know like they they are using Wordpress whatever they are calling it so there are multiple uh service providers over there to run their business and i
f you are a product in defi or anywhere literally then like you are a product actually and you want people to use your product and to to be able to do that you have to use blockchain and people have to use blockchain too so you have to choose like a service provider a layer one in this case to to run your business and when you choose something in this ecosystem because the ecosystems are still in Silo uh they are not able to interoperate from the other ecosystem but the other ecosystem is actual
ly a good ecosystem with you know people on it and they they might want to use your ecosystem your product too so right now because of that siloed infrastructures they are not able able to interoperate and you know just imagine that service provider from web to uh let's let's take a host as an example uh I am using I don't know like AWS as a host uh so you are not able to communicate with I don't know Google cloud or like I mean like it it looks ridiculous right you know it it sounds ridiculous
right now but it is literally right now within the blockchains you are not interoperable with Solana if you are using etherum I mean why I should be able to use it as a user but right now it is not possible but after us it will be possible so it is Nob brainer yeah yeah I totally agree totally agree and this is like you know I know I don't know if you gave your background EA but you've been in the space for a long time now so you know and you've interacted with multiple different projects from m
ultiple different sectors right so you have a really good understanding all the way down to the sector level to the project level um how interoperability can can impact them um and that's that's one major reason why you're ahead of ecosystem right because you see you can see the interoperability opportunities across multiple different sectors I know you started um in gaming but basically your expertise is mean that we can Branch off into multiple different sectors Beyond gaming as well and and j
ust so you know for the people that know fa has been instrumental in a lot of the connections collaboration and and and and stuff that we've doing not just in Turkey but outside of turkey as well a lot of different projects so it's been a key key player in uh in the development and we continue to be as we kind of build out the ecosystem as well um but should we um yeah sorry if I go no I mean like I have been in multiple uh let's say seats if if like if you look at that uh from this example like
I I I have been a user that Farms an airdrop I have be I was a user that I don't know uses a platform to I don't know get some benefit and I was the guy who literally helps build that product so I have been in multiple seats on on that Round Table uh that's I think why like and like I'm here for like forever uh 724 so uh like when you see something and when you realize something that might benefit uh one of your friends in this case because we are here uh for so long that I I am probably seeing
you guys than my wife I mean that that something at some point um no no makes sense I think we can relate um but how about we get to the nuts and bolts say it's should we talk about air drops should we talk about experts should we talk about nodes I mean I I I dropped an alpha yesterday kind of intentionally but I think you should elaborate more Matthew okay okay yeah yeah yeah um so well let's I I think come in with your with your Alpha when you feel that it's the necessary time if I interrupt
me necessary time um but look good news uh so today we're on the AMA we're going to cover um the airdrop program and in addition to the airdrop program as well we've just added um which I think would is pretty exciting um we're all on track for launch on the 2nd of April 2424 so we're all on track for that uh a lot of work has been done um to to get set up and ready for that so that's exciting uh I think when Joe you might have mentioned it at the top of the hour but uh not long now right two l
ess than two weeks to go until launch let's go yeah I fing to count the days on but it was somewhere around the 12 or 14 or something like that the math was hard it's very it's close that's all we need to know is very close yeah yeah exactly um can I just get a check from everyone can everyone see my camera I know oh yeah I checked that disregard about you I checked that the answer is yes um so let me go through so maybe we' start with the with the air drop program um and also I think you might
have mentioned that I've also got a mirror board from uh from Kevin we can go through on the the experts when we get to that as well uh but with the airdrop program so we've opened up uh we've got a partnership with intract int. um and we started that airdrop program um with them I believe it was last Friday um but what we're doing as well we're going to add additional bonus um an additional bonus airdrop to that campaign as well so I might start by going through that um and let me see if I can
share my screen now forget I'm no designer right and just so you know all the information yeah all the I'm no kin with a mbard but um all the information we'll have in the blogs Sandra's working hard she'll have the blogs out uh we'll have information uh we'll also have um uh the leaderboard up on the onx app I think that's due at latest Friday morning for that but I want to tell you what we're releasing as well uh alongside the interact uh one so let me see if I can share this now so um okay I
okay just let me know if uh if you can see what I see yep good to go cool so with interact now I'll just actually let me SW swap my screen the first one is in campaign so if someone hasn't already registered for this uh airdrop campaign you can actually register on the inct website uh what I'll do is I'll quickly post that into the comments here uh so the link I just put in there into the comments for the inct website um so basically with the um let me just hide this with the interact so there's
a few different tasks within interact the first one's a social so follow on Twitter join the onx Discord join the onx telegram do a retweet uh and then the next two are chain-based right so this is to get people going ahead and trying the swaps um and so the airdrop campaign for interact is split up into what we call uh is called XP right um so experience points and so uh for each of these tasks you'll get certain allocation of experience points where you'll get the most by doing uh either a SW
between two blockchains which are non ethereum but because ethereum has higher gas fees if you do a swap between uh one where one of the chains is ethereum you also get higher XP points so 50 XP for a swap between two chains that is not ethereum and then 200 XP for a swap between uh two chains where one is ethereum right and then all the other social activities is Right 10 XP each now what we'll do is this particular campaign with in TR will finish on the 25th of March what we'll do from there
is we'll collate all the XP Point um winners and then from those your share of the total XP points will dictate your share of the um of the airdrop as well um that we're doing with with intract and it'll be air dropped in now onx coins all airdrops will um will be vested uh with the same as the public sale so be vested daily over four months so you'll be getting that with the with the public sale contributors and um that you'll be able to go ahead and um do that claiming from the lnx app and so
we'll have all the instructions we'll um when the airdrop finishes we'll also then have um everyone will be able to see after we've collated all the XP and distributed the coins you'll be able to see exactly how many coins we'll also have the airdrop allocations from December January airdrop as well so that'll be there so then you'll be able to see all the airdrop um alinx coins you've earned over the if you participating December and January and also this particular air drop campaign with intra
ct as well and that'll all be on the l1x app so that's the first part of the airdrop now the second part of the airdrop which we're adding here um so I didn't Design This I just did the the very rudimentary text on this but let me go ahead and explain so we've got The inct Campaign but what we'll also be bringing out is we'll also be bringing out um some pretty massive l1x airdrops for three other tasks right so one will be if you either purchase a username or you contribute $500 uh dollars or m
ore into the balanceo so the liquidity bootstrap um which is still running um 1% per day um if you go into purchase one username or if you purchase multiple usernames it's multiple entries but what will happen is with the username and balance a pool airdrop bonus is if you do one or both of those then you'll get an entry for each activity and that entry will be into a major priz draw of 250,000 l1x coins which is massive right now that uh we'll be drawing all these big airdrop prices on the seco
nd when we launch so there be one winner of 250,000 LX coins and to get into that or you have to do uh over this period is purchase a username or opt into the balance of p with $500 or more now it's not just one big prize on that particular airdrop that particular bonus it's also Daily prizes so let's say you buy a username today you took tomorrow or you opt into the balancer pool with $500 or more you'll also get a daily entry so all the entries collated within that 24-hour period then we'll pu
ll out one winner that will also win a th000 Alx coins per day so by purchasing a username or multiple usernames you get one or more entries depending on how many usernames or how many times you've gone into the balance pool and that will uh you'll be eligible for a daily draw of ,1 coins will be one winner and then the main draw uh the major one which is also the 250,000 LX coins and that big main draw that will be drawn on the 2nd of April but the daily winners they will be actually updated in
the l1x app so the guys uh will be releasing a leaderboard uh on the l1x app and we release this airdrop bonus and you'll be able to see the daily winners if you're one of them uh and you'll be able to also see your entries into the uh into the major drawer as well now the second airdrop bonus campaign we're running is with the nodes so with the nodes obviously everyone who's already been in public sale profit sale um uh seed round uh everyone in where has their coins and they can go in and the
y can opt into the experts um and they can unlock a not nft but for those who um what we're looking to do is really attract those people that are interested in hosting nodes and are already experienced node node hosts as well for those people they can also come in and they can actually uh purchase an l1x uh eln or evm with the required amount of coins so 25,000 l1x coins are needed for a uh uh full validator node 5,000 l1x coins are needed for an event listener node and so uh people will be able
to come in and make a metamask purchase to uh get those coins uh those coins will be automatically put into the Platinum experts and the node nft will be uh will be released as well to those people that want to actually buy a node um that have um that really want to do node hosting as well obviously we've got a separate amount of of of nodes available for that and then we've got an amount of nodes available for the experts guys that going in and opting in as well and the third one the third uh
airdrop bonus uh that we'll be doing is on the swaps so we've got inct and they're doing uh you can earn XP points by doing you know a non- ethereum swap or an ethereum swap um and also I think intract are going to be bringing out um probably sometime in the next couple of days and Fa you might be able to fill us in on this but um where there also they won't just be you won't just be earning XP for one swap non ethereum one swap ethereum you'll also then be able to earn XP from multiple reoccurr
ing swaps as well where you'll really be able to farm uh those those airdrop points or those XP points through interact by doing multiple swaps every time you do a swap you either get 50 XP or 200 XP whether you're doing ethereum or not I think inct are going to be rolling that out sometime soon with the rear caring I we are we are still uh you know working with the API but I think it should be read by today but I'm not sure if they're going to ship it today or tomorrow but it is very soon yep p
erfect um and then so with the swaps um so with the with the air drop U bonus campaign so these airdrop bonus campaigns we're running this interract is going to run their campaign with these bonus campaigns whether it's user and balancer username and balancer or lnx nodes or the swaps where what we'll be doing with the swaps if you do a swap or multiple swaps every swap you do within the 24 hour hour period gives you one entry into a daily draw of 200 l1x coins and five there'll be five winners
per day for the l1x coins uh and we're looking to release the airdrop bonus campaign probably some stage tomorrow we'll let you know so there's three ways so four ways really you've got intract campaign and they'll be releasing sometime soon where you can actually do reare curing swaps and getting XP for every swap we'll be doing um then there's the bonus airdrops and there's three of those username or get a username or opt into the balance supp $500 or more you'll be going into a daily draw and
a major price draw and will have a Blog for all this information as well or if you purchase an eln or an FN you also go into a draw now if you purchase an fvn you'll go into a major draw that major draw will be 200,000 l1x coins that will be drawn on the 2nd of April and also if you purchase an an FN there is a daily draw for one winner per day that will win 10,000x coins so that's on the FN if you purchase an event list node then you go go into a major draw which that major draw is five oh sor
ry 50,000 l1x coins that will be drawn on the 2nd of April um and you also go into a daily draw and the daily draw there would is uh 1,000 LX coins per day will be given to one person that's purchased in event list Noe and then the third one is the swaps obviously we've got swaps through in trct but also we're giving additional bonuses there do a swap get an entry into uh one of five daily prizes of 200 Now One X coins so there's a lot going on right and um and there's a lot of incentive to get
in and and either you know start working with the balance support getting into the balance F the usernames the nodes or the swaps uh and um so there's a lot of incentive to try all the different things we've got already happening on the um on the ox app and once again more more information will uh will come uh once we uh once we have uh once we have all the blogs up and we're releasing this tomorrow um in terms of so that's the uh that is the that's the airdrop campaign and there's a lot there s
o I think it'll be quite an exciting launch right so not only are we launching we're also announcing these major Prize winners of our Wix coins um from these major from the bonus airdrop campaign that we're running as well and um so the bonus coins um so where there if you're the 250,000 winner the 50,000 winner for the to 250,000 winner if you've got username balance if you're the winner of that or if you're purchased a node and you win the 50,000 for eln or the 200,000 for for FN all of those
any air drops will be vested daily to you over the uh over the four month period so same as the public sale vesting so that's pretty exciting I think for for everyone to get involved um and you know really test out if you haven't tried out any of these things on the LX app please go ahead and do so um and you know really get kind of acquainted with all the different things you can do so far on the app and as the ecosystem continues to build there'll be so many so many more things um you can do w
ithin the ecosystem as well um and then the other thing I suppose is exp perks right exp perks and and nodes now I've had uh instruction from uh Kevin and the dev team that uh the experts and nodes will be live tonight uh and they've given me a range right it'll beit be between 9900 p.m. and 12:00 p.m. Australian Western Standard Time so UTC 1 p.m. or 4 p.m. UT between 1: p.m. and 4 p.m. UTC um that it'll be open so I think it's something that everyone's been everyone's been looking forward to u
h so let me maybe go through a little bit of detail on that process right um because um there is a few steps to complete to ensure that not only have you opted in to the experts but also you've um where you where you've wanted to you've been a to unlock a node nft as well so um so oh yeah someone's just asked what's what Perth time so Perth time 900 p.m. between 900 P p.m. and 12 p.m Perth time thanks Joe good on you mate we're all over it um and um so let me uh let me see if I can share my scre
en again now this I think this is what everyone's been waiting for right the miror board so let me share this this one here commonly referred to as the Kevin board yes yes here we go okay let me know if you can see that can see okay perfect so this is something I designed earlier and I'll be I've been working on for no I can't claim it um but basically um and I'll take you through a a b more detail of the process as well so if you are um you know if you've already participated in public private
or seed Brown term sheet uh you know you've you've got your your your You' P or you've contributed to those sales you've got your l1x coins and now you have the opportunity to go into experts and also unlock a node nft so for uh seed term sheet and private um you must go through one of the tiers of expert so you've either got to go into silver gold or platinum now to unlock a node nft it's got to be silver or platinum right that you uh sorry gold or platinum that you've got the two top tiers tha
t will allow you to unlock a node nft so I'll take you through this flow but then I'll also take you through a bit more of a step by step rather um a detail on how how this will uh the process will be so if you've contributed to one of the sales um then we'll be opening up experts now when we open up experts just to ensure sure that it's a and smooth process and Kevin and the dev team will be monitoring making sure that it's all kind of working and it's it's all doing what it should do so where
it'll be the first 100 people into experts right so we we've got a the first hundred into expert will be able to go and go through the process and the reason why we're doing that initially um is because then Kevin and the Tim can monitor make sure that everything's working everyone's getting exactly what they need to get and that the process is running smoothly and then after that first 100 um Kevin will then and the dev team will continue to open up more spots so everyone can then start the res
t of the people can then start coming into experts so uh first 100 in uh will will be the kind of uh the beta team that will come through and we'll ensure that all the process is working smoothly so if you um obviously was one of uh in one of those sales so the process will be uh go on to the l1x app um on your desktop and then um from from the LX app uh the you'll be able to go ahead and then um down the bottom there'll be a uh like a a menu bar where you'll be able to select dii and then it'll
give you a an option to select data sanitization I've got some imagery here as well just to kind of talk you through it but I'll go go through this process and I'll go through it again in the step by step the data sanitization process is where we've you know double triple quadruple checked that the allocations are corre cor for everybody in terms of the information we have so the data sanitization process is really a confirmation process uh for you where you'll be presented the actual balance a
nd the actual balance just you'll be able to confirm yes that is the actual balance and by confirming and completing the data sanitization then that is locked in that is your l1x allotment um and that's the first that's sorry the Second Step the first is connect your X wallet go to that data sanitization and then confirm your allotment of Alx coins is correct now if there is any queries or any discrepancy between what you believe your a1x coin allotment is and what is being displayed then we'll
also have an assist desk there where you'll be able to go ahead and you'll be able to um do an assist query to say oh look I believe this is the correct amount and all we say is just provide you know as much evidence as you can so we can process and resolve that as quickly as that the team can process and resolve that as quickly as possible so for example if you did a bank transfer details of the bank transfer screenshot of the amount all of that stuff helps us to be able to resolve and process
really quickly if you transferred um you know from a from a different wallet so if if you did like a token transfer uh the explorer link to the transaction um the transaction receipt um is would be great as much information as you can provide is recommended because the dev team will go in they'll look for the ones with the most evidence because they know they're the ones that they can resolve the quickest and they'll prioritize in terms of the evidence provided and they'll go through and start r
esolving all these that's if you have a query between the actual balance on the screen and what you believe your actual balance should be so there is a a query point there now if it is accurate or you've had a query resolved and then it's and then the uh the amount is accurate so once you are completely happy that that is your allotted l1x coins then you'll go ahead and complete the data sanitization process once you've completed the data type sanitization process it is confirmed that this is yo
ur allotment there's no retracing from that this is your allotment and this is what you'll be working with when you go into experts so the next step as you can see after that data sanitization is the expert testing you go into the expert screen you'll be able to review all the different tiers and then you'll be able to go ahead and select you'll have your coins and then you'll be able to go ahead and select uh the EXP tier you wish to go into once you've selected your X exper tier and then you'l
l be able to then go in if you're eligible if you want to unlock a node nft then you'll be able to go into the node n nft page and allocate you know how many nfts you want to unlock given the amount of coins you have now I know we've dropped the full validator node and the event Lister node nft so 25,000 it used to be 50,000 for an FN it's now 25,000 used to be 10,000 um for a eln it's now 5,000 so let's say someone is you know only maybe you know a few l1x coins short of unlocking an FN or or a
n eln when you go to that no page it'll also give you an option so let's say you're short let's say you've got 4,500 now X coins and you want to unlock an eln you can still go to the node page and the node page will allow you to top up your coins so you can unlock that eln so if you're slightly short and you want to top up so you can unlock a node nft you'll also have the opportunity to do that now one thing I'll say and this will I mean we've got videos we've got explainers and everything like
this as well trying to give you guys as much information as possible on how you do it um but actually let me go I'll go through the kind of the the the details uh a little bit more as I go through the steps but if you do top up with your metam mask um then the the coins that you acquire from the top up you'll go through to data sanitization confirm your allotment back into the experts then you'll put those coins into the EXP perx tier that you've already gone into because let's say you got 4,500
x coins in Platinum you've just bought another 500x coins you're going to expert in Platinum right because you don't want to go into another tier because that means you've got 500 in one tier four and a half thousand in another tier you're not going to have enough for an eln so back into the same tier then when you go to the node screen again it will show your now total balance the four and a half plus the five now you can unlock your eln but I'll take you through some steps there for those new
users meaning those that now uh weren't part of any sales but they do want to host to know they want to purchase a node nft uh it'll be fairly simple they'll just go so the new users down here you'll go in um you go to the node screen directly where the top up option is you'll top up the um the amount you need to unlock an eln or an FN and then basically you'll go ahead and you'll be issued the nft and your coins that you've topped up with will be automatically put into Platinum where they will
be have a three-month cliff and 24mth festing now I did say a question about what is a cliff and so when you're looking at um token distribution schedules that will have vesting or cliffs in them a cliff is a period of time where no no tokens are distributed to you so with the expert tier and the exper bonus they have a three-month Cliff so there's three months so April May June that'll be a period of time during that three-month Cliff that no tokens will be allocated and then from July the ves
ting period will start that's where you'll get your daily vesting of your l1x coins whether it's uh you know 15 months because you've gone into silver 18 months because you've gone into gold or 24 months because you've gone into Platinum obviously Platinum having the highest bonus the 20% bonus on that as well and so um that'll be pretty easy uh for the for anyone who wanting to buy a node in full you'll be able to go through this process go on the Node screen you know use your metamask top up a
nd then go ahead and and claim your node nft and your coins will automatically be set into platinum and on the onx app you'll be able to see all your vesting shedule so you'll be able to see how many coins you're getting this month where your Cliff is how many coins you're getting next month uh all the way through uh to the last month of distribution so you know exactly what's coming to you AC uh along the whole vesting period as well so that's there um but what I'll do as well let me go through
a little bit more so can you guys see this other screen no no no as in you just scroll down no still got looks like the the experts flow uh okay let me let me jump off and on let me just do this okay let me share screen and okay can you see that now y let me just refresh it okay cool so what we'll be providing as well is as as much material to help you guys through this process just so you know it's as easy as possible and so we'll be releasing the link uh in the wiki um as well to guide you th
rough this process so what we've done is we' put together video um going through the whole process so going through data sanitization going through expert um opting in to one of the tiers and also going into unlocking your node nft so there'll be a a full start to finish video on that but really um here in the sub Pages these are really the steps that you'll take so if I can go on a little bit more so here's the kind of overview for the whole process but let's say okay you're halfway through a p
rocess or you're on a different step you can actually go here and select which which stage you're at and understand and get a little bit more understanding of what you need to do in each stage so let's go through stage one so accessing the lnx app on your desktop top B I think most people uh on on this particular AMA especially live is probably probably has interacted with the LX app at some stage but if you haven't basically alexa.com ensure you're on your desktop uh you'll be able to go there
to the LX app um onto the to the homepage um and you'll be able to then navigate to the select data sanitization option now what we will do as well we'll also include that like this is all shown in the big video but also what we'll do is we'll break that video into sections so uh little broken down pieces of the video and we'll put those pieces in the relevance section in these these steps as well that we'll have and we'll be releasing this so that's pretty easy in terms of that so basically onc
e you're on the l1x app you just go down to the bottom with the doc menu is you um navigate onto um I think it's sorry it's l1x core and then it'll give you some options one of them will be data sanitization you go ahead and click on that and all this is shown to you in the video as well so once you've on the data s sanitization and the data sanitization is just the confirmation that hey this is the allotment this is correct so when you're on um hold on I'm getting um okay y so data sanitization
so with data s sanitization once again this is the um um this is the the the part where you're just confirming your allotment so what will happen is when you get so firstly just ensure you've got the latest version of the um l1x uh Chrome Store extension right so the wallet extension so basically um what you do is if you don't just go to the so just remove the l1x from your browser go back into the Chrome Store upload it again um your the the xwallet the new version on the Chrome Store and then
um import your l1x wallet um into the into that the new Chrome extension and um so yeah basically if you've got your um your private key uh for the l1x wallet just make sure you're obviously keeping that safe right so then once you've uploaded the new version if you're not already on the new version up loaded the new version of the Chrome extension then import your uh your wallet using that private key now uh once you've done that um then you'll basically be going to that uh you'll come to this
screen here so data sanitization it'll it will ask it'll prompt you to connect your X wallet here um before it says complete sanitization once you connect your xwallet then you'll be add it you'll be shown this particular panel here on the right hand side this will be the widget on the right hand side so you'll see current balance and actual balance and so you you'll be able to go through current balance because if you've already claimed your l1x coins you know there was that balance there and
then there's the data sanitizer sanitization that we've done um and more often than not those those two amounts will will be the same but if there is any discrepancy let's say the actual balance is higher or the actual balance is lower um that's where you can actually raise a query I don't see anyone raising a query if their actual balance is higher than they thought I could be wrong um but yeah so basically what you're looking at when you get to the data sanitization screen is the actual balanc
e line now below that you can see that it's broken into private sale public sale term shared investors Team all those sort of things right so basically here you'll be able to see if you in the private sale if you're in multiple different sales you'll be able to see the breakdown of coins who've been allocated in each sale and so now confirm your allocations are correct and so what you'll do is if the account the actual balance is correct yes that is I'm I'm happy with that balance then you'll go
through and you'll uh you'll complete the sanitization if there is any discrepancy that you wish to query then on the bottom right hand side of the of the uh of the lnx app you you'll be able to query that and that'll be all in the video as well how you do that um and this this particular blog here think's going to be being released extremely soon we'll send it out and we'll put it on Discord as soon as that's ready um and then um the next step is accept the message so once you've completed san
itization you go through tick the um check box to say yes I acknowledge this is the current balance of our Wix coins this is correct um and I authorize you to proceed once we proceed that's it that is your allotment and then you can go through to the expert's vesting right so you've completed the sanitization process and now you can go into the expert testing you can see here if you want to um any query any inaccuracies or confirm disputes or confirm or dispute anything that's all that's all goi
ng to be in the blog but it'll also be on the video as well to help you can navigate to be able to do that if you have got a discrepancy or you want to um there's an inaccuracy do not complete the sanitization process because once you've done that that's locked in do the query once it's resolved then you go through and complete the sanitization process so now we completed the sanitization process basically you go through to exper testing and so we'll have a video in here as well you guys are jus
t loading that up and so you go through and you'll access the uh experts um you'll will be on the already on the xerx website so you'll be already doing this um you can see the tab here you would have been on data sanitization the tab will flick over to X investing it will show you how many l1x coins now I noticed so on the previous screen I had 25,000 l1x coins this one state I've got States I've got 24,999 N9 l1x coins the 0 01 LX coin there uh which is like half a cent I believe is there to c
over the any transaction fees right um for the process and so that's why you might see like this 0.99 on there so once you you've completed the data citiz you'll then go in and you'll select um which expert tier so what you'll do is if you've got like coins in multiple different sales like private public ter sheet you'll have to do this process for each particular sale um if you've been in more than one and so what you'll do is from the job down bar you'll select the particular sale where the co
ins uh have been allotted that you wish to then go into experts with and then what you'll do is you'll select your exp perks you'll put the amount that you want to put into the EXP perks you'll go ahead you'll select your exps tier and then you will go ahead and vest once you click vest you'll need to then sign the transaction uh and then those those lnx coins you've allotted to that tier will then be allocated to that tier once you can see um so okay yes so I'll just read from this so after the
vesting the vesting button will be disabled to complete the process there you go and then once it's successful you'll then be able to go and see in your expert State point P folio the amount of coins you've just put in to that particular tier and then this particular it's not dropped down here but you you'll be able to drop this down and in the drop down you'll be able to see the vest so the cliff and the vesting monthly obviously be daily vesting but you'll see how much you'll get each month u
m throughout the whole vesting period all the way to the end and also you'll be able to see your expert's bonus amount as well so how how your how much your bonus amount is you know 20% for platinum uh 15% for gold and 12% for silver um yeah and then um you'll be able to go in hold on let me let me I'm getting I'm getting uh things from from behind me saying I should refresh my link so let me give me sorry give me one second sorry guys one second apologies for this uh okay the question is is it
worth refreshing it looks nice ah yeah okay let me refresh Let me refresh this is worthwhile okay you've talked me into it okay so let's have a look Okay so we've seen this one this is the major overview page and then what will happen is you'll go into these steps ah look what they've done so there you go so you have yeah there you go so the main video would be broken up into sections each section will describe the particular step you're in so access the r1x app this okay perfect here we go so t
hen once you get onto the um l1x app um home screen what you'll then do is you'll then go ahead and navigate to the menu bar down the bottom which is there and then what you'll do is you'll hover over l1x core and you'll go ahead and select data sanitization so that's pretty much how you'll do it once you're on the l1x app home screen go to l1x core select data sanitization and then you'll be taken through to the data sanitization once again you've got the data s sanitization video to help you h
elp walk you through it and then I think I was just going through all these different steps anyway in terms of data center ization experts vesting pretty sure these guys would have a video for that there you go step three the experts vesting and then with the expert vesting I think we talked all the way up to going ahead and signing and then where you can see your portfolio here as well once you've gone in now once you've gone in and done the exper vesting then uh if you are wanting to unlock a
node then you can go ahead and unlock your node right says buy but obviously you've already got the coin so you can unlock your node here and then he you can go ahead and unlock your node um and there'll be different so there'll be different things okay here we go so if you've got um you want to use so l1x full buy is basically if you've got already got the required amount of l1x coins you you need to unlock a node nft um and or if there's in insufficient l1x um it'll show you how to to um to go
ahead and top up um or if you're buying a node nft outright you just want to buy all the onx and get your not nft then you'll be able to do the the instructions on that as well but let's say you're part of the XX program you've got enough coins so all you'll do is you go into the node nft section uh you'll be presented with another widget down the bottom um it'll tell you it will sorry you'll be able to then go ahead and select here validator or event listener the number of uh node you want to
unlock and then if you're short at all let's say you've got enough for four and a half but you don't have enough for five but you select you want to unlock five then where you see buwi you'll be able to then drop down menu and then purchase the any additional coins you want to top up to ensure that you can unlock that extra uh node nft am I making sense so far you can Joo that's good mate okay yeah I think it makes reasonable sense and uh We've made it well Sandra's made it very uh point and cli
ck which I think definitely helps yeah yeah um and then um so oh one thing okay so one thing I will need to want to go through for nodes right so basically um one of the things that we've been we've been talking in multiple different no um node people interested in hosting nodes node node communities um node hosters um and one thing um they've they've all kind of raised and we've also looked at this as well is that how many nodes can one is one person allowed to own because if one person has is
hosting too many or what too many a certain number of nodes themselves then what it does it puts um yeah it puts additional risk on the um the lack of or the centralization of node ownership so what we're doing if you're wanting to unlock nodes so whether it's a vent list or fold validator you will be able to but you will only be able to unlock a maximum of five five to any one wallet five nodes to any one wall node nfts to one wallet and um then the reason for that is that five is a pretty dece
nt number but the reason for that as well is that it distributes helps to disperse and decentralize the ownership of those not nfts and also then obviously the node hosting as well uh and so that's really important in terms of the distribution of who's um how well distributed is this know node hosting and who's owning it improves the decentralization of uh of the protocol that's one of the key things um because there some of the protocols that are blockchains that are out there at the moment and
there's people out there holding hundreds of nodes individually um and you can't describe that as decentralized yeah yeah I mean how many nodes what percentage of nodes does Lio run on the ethereum ecosystem right so um and so yeah so um five maximum now there could be two elns three FN it could be five fens it could be five elns could be one FN could be four eln in total five node nfts um so once you once you there um so you can then go ahead and select and then you can basically once you've o
nce you've selected and you've got enough coins you can just go get a node sign off on that transaction to get a node and then you'll be able to see your node counts in your node portfolio so you better go in and say okay this is how many nodes I have uh this is what I've just or node nfts I have and it'll sharpen your node portfolio and in your xerx portfolio you'll be able to see your coins and how they vest to you as well so all of that will be displayed on the onx app so very easy to to unde
rstand and see what you've uh what you've Acquired and and if it's vesting coins how they vesting to you um now if you don't have sufficient enough or a sufficient amount of LX coins then you can top up so for example um if you know this here so let's say you've got uh you've got 3,000 um LX coins but you want to unlock an event listener um node in you're 2,000 short you can go in 2,000 is basically $1,000 because l1x coin is valued at 50 and you can go in and purchase those l1x coins now when y
ou do that right you go ahead just like you were using mamas you go and put the the chain you want the coin you want to use make sure you've got enough in there and then now when you do that ensure ensure that down here where you see node owner address LX node owner address now if you're topping up from an existing X wallet and you say got 3,000 coins you're topping up with 2,000 more ensure that the your xwallet address where you have the original 3,000 coins on is the same address you put into
here you want to send these coins to the same wallet you have the other coins on right because now You' instead of having 3,000 you'll have 5,000 on one Wallet not 3,000 on one wallet 2,000 on another because you put in the wrong address so just ensure that if you're topping up make sure you put the correct X wallet address down the bottom there to send those coins too um and then from that and so but if like and if you're going in and just purely buying all the oing coin to do a node you just
come straight onto this screen if you if you haven't you know if you're just coming in and buying you go straight onto this screen you put in the amount needed say 12 a half th000 USD C to um to get 25,000 l1x when you go ahead and you buy that automatically your coins will be put into platinum and then you'll go through the to the node um uh nft screen which will be here actually it'll drop back up you'll be able to then plug in how many nodes you want to unlock and then you'll node nfts and th
en you'll be able to unlock that so you won't have to go if you're going full purchase using crypto uh with a node you won't have to go back through experts it'll automatically put that in Platinum and then you'll be able to go unlock your node nft now uh purchase your node with crypto I think that is everything there you go oh here you go purchase your node with crypto Alx token top up fire metamask there you go you'll be able to drop down select your preferred network do the transactions and t
hen go ahead and unlock your note nft so it's pretty um pretty simple process um we've tried to provide as much video many videos and and kind of you know step through visuals as as much as we can and so all of that will be released to to the community now just to note again um a few things uh one the first 100 will will go in and be able to complete this process when it opens up between 900 p.m and 12: PM at Australian Western Standard time that's when the guys will have it up and running first
100 um Kevin and the dev team will be watching just to make sure the process is all smooth and seamless and then we'll be able to open up more spots from that just ensuring that you know everything's working smoothly if you're unlocking a No nft 5 maximum um that you can unlock um it could be a combination of eln FN or or five of one uh and also so with and one thing to note with once you have a node nft and you've we you you'll be have the ability node hosting will start right uh when we launc
h and so the node the roll out of the nodes I think Kevin went through this either last week or the week before in terms of the amount of nodes able to be hosted so so what will happen every month uh and I just confirmed this with Kevin today every month 80 node spots will be released right so every month you 80 nodes month one another 80 nodes month two another 80 nodes month three as we kind of grow the ecosystem through the node hosting now how are those prioritized so it's important to note
that first come first serve depending on which tier you're in right so so what will happen is that those that allocate a node nft and platinum and I think we mentioned this a couple of weeks back as well where Platinum is prioritized where those that unlock a node nft in Platinum the first person to do that in Platinum will be first the second one to do that in Platinum will be second and all the way down so Platinum node nfts will be first on the list then it will move to Gold node nfts that ha
ve been unlocked the first one to opt into uh to to unlock a node in Gold they will be first after the platinum and then once again it'll go from from from from first to last in the gold and then it will drop down to Silver once again once you get if you were first into silver when it gets the silver you'll be the first and then it'll continue from that so um that's how the the node hosting will be prioritized as the node spots become available however um if you're just wanting to unlock a node
nft to sell the nft uh you can do that um pretty much almost I think believe that the ability to do that will be straight after launch so there's a few different options options there for you but just so so you know how that process goes uh I felt like I've talked a lot right um and so um you know but we have got videos out there there's steps there there's all these things that you know you can go and reference um to make sure you're doing the um do doing the right process and and we'll make it
as clear as possible so you guys can go through it it smoothly have a CH water there a lot to take in there definitely um no great great wrap up I think uh and and yeah like I said it's it's going to be point and click obviously got videos there to make it as easy as possible um so everybody sort of has that stepbystep walk through for the processes obviously being a quite a large part of the way forward into X perks Etc um I we've got a couple of questions here in the in the community um so I'
ve scrolled back quite the way because some of the generate was talking in there with random community members and really bolstered the chat up so Chief behave yourself anyway so um uh so a couple of questions around uh I suppose air we'll start start with air drop um for people that have staked previously into the liquidity pools people that have previously earned a username or contributed uh are they counted inside this airdrop like are they are they rewarded post um having bought it if they b
ought it before the point of this air drop beginning yeah great question so let me kind of explain so when we ran the airdrop campaign in December January anyone who purchased a username because that was the eligibility in the first air drop campaign December Jan you had to have a username so if you purchased a username or multiple usernames and then after purchasing that username you went into the single staking pool you did a swap um and you uh there's one other step as well we'll release this
anyway but but there was another step um that we that we counted as well so there was swaps there was into the pool there was purchase a username that might be it actually maybe there was a few more that we had there but anyway if you've done those actions over December January we have recorded those and we have now allocating we'll be allocating airdrops uh airdrop l1x coins to those people um that that that did those things and had a username over that period of time if you uh for this new ai
rdrop campaign the the the activity will start to be recorded at some stage tomorrow when we announce it right so it'll be that activity so after tomorrow uh if you go into the liquidity bootstrap now the guys that already gone into the liquidity bootstrap I think we gave them a nice little bonus halfway through the bootstrap when we upped the um the they percentages to 2012 you know we up those so those guys are winning but if you are um if you're new to go into the balancer pool or you're new
to purchase a username um then it will be counted from when we announce it tomorrow anyone doing it after that time over the period will will be eligible now the intract campaign that's finishing on the 25th of March this airdrop bonus campaign I may have mentioned this before but the air drop bonus campaign will be finishing on the 31st right so that is running beyond the ENT campaign so beyond the ENT campaign if you're doing a swap you're going to a daily draw to be one one of five winners wi
nning 200 l1x coin each if you purchase a node eln FN you go into a draw for a major pricee of like 200,000 l1x coins or 50,000 l1x coins but there's daily prizes for 10,000 or 1,000 as well and if you go into bu a username or you go into the balance pool with more than $100 then each of those are entries um into a draw major prize draw for $250,000 now1 ex and those major drawers will be drawn on the 2nd of April but the daily coins will be distributed to the Daily winners probably within 24 ho
urs of them being notified that they won now with those coins now if you're getting coins distributed into your wallet now this is a really important note you're getting coins distributed into your wallet you still must go through exp perks right to unlock that now when I say go through experts you'll have the ability to opt out so if you're getting airdrop coins you're same as the public sale guys you can either opt in or opt out but you must go into expb books and opt out and that basically th
en triggers the four month daily vesting period for you if you opt out if you opt in it will then trigger whatever the vesting schedule is for the tier that you've you've allocated those coins to platinum gold silver yeah actually I I might add a bit uh more to the airdrop uh because you know what we aimed over there especially for the uh previous like let's say OG uh transaction owners uh we wanted to kind of reward them because you know uh these guys are from last year literally uh and uh thes
e are the you know one of the real ogs uh in the ecosystem uh so if they have a footprint uh from their wallet in anywhere like it can be a uh an a username nft it can be a swap or whatever if we are able to record it that's the thing actually Matthew was missing because I am also uh I I you know I don't remember uh to be honest but it is all about uh leaving a a a a a footstep a finger print over there if we have something like that over there uh you will probably get rewarded awesome I'll just
keep uh rolling through these questions here um because we we've got a couple um I I think maybe this has been answered but it's um logistical is sanitation wallet by wallet um I think short answer for that is yes obviously um you have to go through the process for each each wallet you have that would have coins in it um that that would be my assumption unless I'm I'm grossly off the topic there correct yeah uh if you have what if you have 24,000 in one wallet and 4,900 in another wallet can th
ey be combined um I think we've answered that in the previous one with Kevin and the answer was you can't combine because they're locked to individual addresses but you can top up each individual one as you see fit uh does the balance include all coins bought rewards as so the balance that you would be checking in the standartization for example um does that include all rewards referral bonuses um and how is that broken down so example given there maybe dozens of entries to go through how would
we know what transactions are missing to then provide evidence um okay so probably there's a few parts of that question right so um firstly the so the referrals so all the referrals we've recorded and the competition points that we've recorded up to a certain date because we had to get this cut off and then we'll then we'll collate again prior to launch as well with there's a few other comps that we're running but everything that we've recorded up to a certain point of referrals U competitions u
m and then yes they will also be in the um in your allotment as well and I believe I believe leave uh that K is actually going to be updating that so you there'll be like a a referral you know you've got like public private seed team it'll probably say referral competition so you'll be able to see it in in the line that it's that it's allocated to I I think I've seen that that screenshot yeah SE as well mate y perfect um yeah and then the other question was how do we know how can we check that t
he referrals are correct um there's probably no real easy way to check unless you've been keeping a record yourself because we're checking against our record not your record it's also a data privacy um item as well that we can't give out details of what another another person has contributed yeah but um yeah and also like um like and one one thing you also have to remember as well is that um and I had this is probably also similar with my experience I probably referred I don't know everyone I ta
lked to I think my my my my hairdress is thinking about coming in right but I referred like over a like hundreds right but maybe 20% of them came in you know for that as well so just because you've talked to someone doesn't mean they've actually contributed right um uh in that process so unless you're keeping extremely active accurate records or you're getting those records from people that have invested um then we we're relying on our data right what has actually being recorded in the system bu
t if you have an inaccuracy please like if there's an inaccuracy go ahead and raise a query right in the bottom right hand screen and provide once again provide as much evidence as possible from your end because the more evidence the quicker we will resolve it the will prioritize it Y and I think this next question then um leads into that too so if somebody raises a query of incorrect um coin obviously that means that they're not going through the citiation process meaning they don't get to the
next bit which is um being able to uh you know unlock an nft or anything like that so if they're delayed due to that due to that being solved um how how will that work for them do they just miss out on it is there like a um a way for them to pre-allocate with intention or is it just it is purely just a first come first serve that's how it has to be all I'd say is provide as much evidence as possible so your query gets resolved quickly yeah so and then when you go in that's when it's recorded So
when you with data sanitization it's only when you go into experts then that's been recorded there that's uh next question if we go into Platinum with 20K coins will we be able to use the 20% bonus coins towards unlocking the node no bonus points are additional coins on top of if you go in with 20,000 coins you'll get 4,000 coins bonus on Platinum and you know uh some with gold and silver as well but lower amount uh so yeah I suppose the question is though if you went in with let's say you went
in with 23,000 for example and then that number would get you over could they use the bonus coins um to contribute to an own oh no no they can't because they don't even get those you don't even get those bonus coins until month four so you don't actually have them you know they're cliffed and they vested to you yeah yeah uh can I talk about more than required basically acquiring tokens for the public sale price no because when you top up you you will automatically go into Platinum but even then
like let's say you only needed like let's say they had 24,000 and requirements 25,000 could they in theory buy 37,000 extra and just have extra stuff there for one no like is there a limitation on what they can spend I think is the question uh I don't think there's a limitation but when you get your top up coins then you'll need to go back in to the same tier right that you've come from right and if you're private in seed you you have to opt in to one of those those tiers like a vesting period a
t some stage you know silver gold or patter but if you want to if you're topping up and then getting those coins back in to to unlock the no then you you must go into the same tier where you've got where you put your first coins into so they count as one number right so you've got enough to unlock the node uh there's another question here I'll just quickly answer because it was answered um on the last one with Kevin but uh for vesting of the nodes if if it's being able to be removed your coin am
ount drops below 25,000 l1x for fbn have you lost the eligibility to continue hosting uh technically yes if what's stake to your no drops below 25,000 but you have to remember too that you would have obviously your staked in for 24 months if you're in the Platinum with that um but on top of that you'll have people delegating their stake to that node as well so as long as whatever's delegated to that node stays above the 25,000 then uh you still have the right to host it is the answer from the la
st um the last time that question was asked yeah let me just let me just confirm with that um so basically because you're going into platinum and you're cliffing investing then yes you you won't have your coins to put into the node to operate the node so if you're unlocking a node nft and you decide to host the node then we're going to assume that you've already got 25,000 coins in there because you've vested enough right so you will continue to to be able to run that node and then people will b
e able to delegate their stake on top of that so we're going to say okay we know you've you know if you had a chance you would have put it all onto the node right but it's cliff and it's visted so we know you've you've done that for a certain period and you've done it with enough coins for you to be able to unlock the node nft you can host that node nft and then people will stake on top of that but we're assuming it's already at its minimum because you visted the right amount uh is the new versi
on of xwallet uh version 1.012 being released to Chrome yet um great question um I I have no idea I think um there releasing it as they're rolling out the experts and the notes is that let me hold on one second let me let let me just ask one you imagine me doing trying to do that not GNA happen just a quick thought e you can just duck into the office and get some information surely like the last time I checked the the fastest flight was like in total TW 28 hours or something like that that's rea
lly going to blow out the timings on this show yeah I mean hey I thought Lon might have been here but he's um he's he must be working from his house um but yeah no sorry I was G to have the answer there but uh I did have chat with Lon earlier the intent is to roll those out simultaneously so it should be about able with that okay yeah um yeah uh is there a cap on the amount of nodes uh or will we be similar to Ethan have the ability to have thousands in time obviously no absolutely yeah you you'
ll have the ability to to have thousands absolutely and that's I think so there's something um there's there's a a formula in blockchain called that the Nakamoto efficient right and then it's like like your your score and what it is is that it's the number of nodes required to control the system and so that's where you want the all the number number of collusions right so they that's if you've got a good score then you you're distributed across multiple different node hosted so that's why we're
limiting the nodes per person to five or per wallet to five so there is a distribution there and so as in these early stages because there's less nodes right and let's say someone's got 20 node nfts and they and they they were the first one to go on the Platinum they've unlocked 20 node nfts or 30 node nfts and so they get the right to host those 30 nodes first and basically they have you know a large portion of the node infrastructure that's required to secure the system and that that's too muc
h of a risk ex just charge through these uh what's going to happen to our existing wallet will it still be usable it'll still be the same wallet just to answer that question it's just going through the processes of obviously claiming your coins uh I'll just read this one out um as it is from DD in a recent AMA the marketing team particularly Nina I think that's meant to be in mentioned that the hair drop uh commenced two weeks before the tge deviating from the usual practice of starting months P
RI in order to create a sense of exclusivity however this statement seem to run on history of extending public sale events such as recent LBP could you shed light on the internal processes of play so that users can better understand uh the repetitive occurrences um we are launching on the second of April don't worry about we we will be launching on the 2nd of April and then in terms of what's leading up to the second of April the airdrop campaign uh we've got a marketing campaign K campaign goin
g out we'll have um um am with cxs we've got a k group and so this is all kind of coinciding to really build up to the launch so that's why this is happening now I I think that I think I got the question maybe maybe I didn't yeah I think that's anyway long story short I think most important key information there is 2424 that's all we need to know um where on it's happening it's 100% we go uh question on I don't know if any of us on this call can answer this question how quick is the top up using
a bank transfer um the even getting things from the bank into any sort of crypto at the moment I've seen lots of stuff is and it it really depends on even your country I mean it should be different with like I don't know turkey with Australia with like any other country it literally depends on your bank yeah so long story short there that is a question that we cannot answer on this um and I I I know there's an option to do it with metamask but I don't know if that is actually an option right so
I know we've got the option to do it with metamask so using crypto to purchase the the top up so uh because that's when the coins can be automatically allocated in one process to the Platinum vesting so I don't yeah it hasn't um Kevin hasn't mentioned anything about taking Fiat at the moment we we've got the metam mask to purchase excellent um just Clarity on the 100 people that get first entry tonight is it hand picked or first come first serve first come first come first serve just like a mem
e coin launch it's this cpto guys this is crypto get us to it this is why we are not sleeping coins only um uh actually I had a I had I had a um a friend right A friend of mine and he's he is a de and um he said to me he's he's been up for what is it 36 hours trying to get in be the first to get into this I don't I don't know what it is but it's yeah it's um it's not uncommon but yeah first come first serve first come first serve yeah yeah yeah classic dgen meme Mania um's fa's uh skin is tingli
ng uh so just Clarity on this again I know we've answered this but uh we have to buy a username also within 24hour period or holders from earlier are also eligible so uh the holders from previous of usernames um are being rewarded in the previous round of the yeah yeah yeah so this next one yeah it only Counts from when we open it up and it'll be some stage tomorrow we're looking at to to start opening it up and recording it and we'll announce it yeah yeah so from there so yeah it'll be announce
d from so so yeah purchase is live from when it's announced tomorrow yeah uh when will the one for one usernames be made available great question um let me get an update from Kevin on the on the bonus usernames and I come back come back to the community just my involvement to date with l1x is only via the multi-chain balanc pool after tge the earned l1x coins and stable coin BPT pair tokens will become claimable from day one of TJ if I'm not mistaken the data sanitization and exp perks festing d
oes not apply in this case is that correct 100% correct yeah y excellent uh question from DD I didn't quite get get it yet but who is the head of marketing we don't actually um so we've basically got our marketing manager is um is uh is Sandra um and she's basically she runs the marketing I also help her with the marketing as well um we got I would say Cody helps like there's a lot of people working on the marketing in the in the team I think everyone's putting an input into that all from differ
ent angles is probably the best way yeah some out there with the Twitter you with the K's yep of course an old sneaky uh a sneaky ask in here can you guys sweet talk Kevin into perhaps a few percent bonus to the OG commemorative nft holders that got into expert is it Cody Cody asking that I mean it's under Ian's name but it could easily be Cody he has many many aliases um I mean it really all depends on how many Power Ranger suits you can get to Chief and how many plants you can get for Kevin's
desk as to what sort of favors you'll be able to P I mean I'm you know I I feel we need another Power Ranger suit for you Joe I'm ready I'll fly over I'll wear it don't you worry about that I'll do it Pink goes with with uh my eyes um all right that's we've actually exhausted the questions if unless I'm totally mistaken if I have missed anything please reput it down in in the comments um so that it just it comes on through uh but aside from that I think yeah let's let's start our wrap up and um
get just the closing statement around around those General things I know we have another we have another spaces planned for Friday which will be massive as well so um I know we're peppering everybody with these but I think Community gets amazing value out of it and it's really helping to show the progress the technology Who's involved what's behind it how how much depth l1x actually has as a project um including all the research all the time all the energy that goes into to it and also all the b
rains like some of the amazing people that we've got inside the team and obviously that are doing the research that are doing the building that are doing um every aspect of the project so I get to show show everybody so let's um let's start with a wrap up oh wait there's one one question here uh not answered I've missed you due to experts and nodes going live today can you please answer if you are in Platinum are sign 2500 for fbn what happens when your coins are released over the months do we h
ave to keep 25 assigned States somewhere so yeah does that make sense yeah it does yeah yeah yeah um so no at this point in time no you don't you basically your coins will vest out but as your coins vest out um then your responsibility to um as your coins vest out your responsibility to ensure that you have the minimum amount of coins stake from delegated stakers as well starts the grow right so as your coins vest out um then your responsibility to be able to then you know we're going to take it
as yep you've got you've got um enough coins in there to host during the cliff and also as you festing out but there may be a point where we see that okay is uh node hosters actually also delegating themselves as well with nothing in stone but we may look at it then yeah Y and another question uh logistical one how does the maximum nodes work for those who had more than five previously Uh Kevin said those were guaranteed their nodes so if they' already opted in for that many nodes obviously is
the maximum five nodes per month then um let me find out I'm pretty sure that the maximum is now five per wallet yeah per wallet so um let me find out if that is yeah if that is different but at the moment it's from my understanding it's maximum five bit wallet and I see with uh we've got somebody in there wanting a price prediction so let me just uh bump you up with that it's it's definitely equivalent to at least one beard coin and a couple of durian fruit I reckon that's that's probably where
we're at uh it's for the yacht party in l1x Island I'm sure the community understands um I think I think you know I just add to it I think a great way to to assess the value of of L 1X right is is is it's adoption that's the that's that is the best way because when you when you have a technology like this some and it's new and people are are still trying to understand how to really get the most out of it it takes use cases to show others that it can be done right and by if you build a project t
hat is the first use case you're also allowing that code to be tested secured and then shared right so that's where you get a lot of developers that will build off the shoulders of other developers right and that's how that's how you can speed up Innovation you can do that that's that's how you grow your ecosystem the the when the first code comes uh and uh when it passes the battle test let's say uh then it became battle tested and then uh you know it's it became bullet bulletproof after that p
oint similar products with similar smart contracts can easily deploy that part of that project uh and move forward much faster this is why the ecosystems uh when it start to like I don't know share their documentation uh after the first a couple of products uh they became exponentially you know grow it's it's also um something to explore there is that when projects fork and and so many of them have on e um but one of the problems that that also introduces for them is that they're unable to innov
ate they're unable to bring in those features so that's why people have asked a question time and time again about well why hasn't anybody else introduced that true interoperability it's because they're just making copies so they're forking an existing chain so they're not able to introduce that capability whereas we have yeah and I think and also as you if you're building on the same stack right eventually that you're you're you're going to narrow down what that stack Can Do Right In terms in t
erms of and that's Kevin's paired it all the way back right to the to the to what's the issue now what's the problem and what would we need to build from the from the base and that's that's why you know a lot of these interoperability Solutions are built off each other's ideas but this one here is built from from the from the core idea at the bottom layer and then and then that translates into when you do get a use case that builds on and then and then showcases what it can do it's not like just
some use case that is built on another chain that's showing what it can do on that chain this one has got gasoline on it because now it's showing what it can do across multiple chains and that is that's extremely attractive to for Builders to take advantage of yeah whatever industry right and then if that's happening then and there's a non-connected chain and chains start to realize that they can actually utilize that technology themselves and stay on their chain that use case happens and then
that builds out from from from projects not on lay 1X it's giving those projects Choice yeah they can stay on chain on the on the Chain they're on um stay on eth stay on AB or move across to r1x um and reap even even further benefits there there's multiple ways I can look at it yeah and the benefit why would someone build on L 1X and there's there is a few benefits there to have a native Native application on l 1 x where uh at the moment if you've if you you're managing uh smart contract Crush c
hain then you've got a source you've got a destination and you've got l 1 x right so you're you're you're you're moving through these systems to connect two different chains where if you're built on l 1 x you're always the source or the destination like you're always this you're you're the The Hub and spoke right coming out of that and so that means quicker cheaper um but yeah yeah but it doesn't mean that you can not stay on your chain because that might be completely fine but that adoption as
well when that comes so I think we started with you know what's the price prediction I think if you look if you want to judge the value of L judge it by its adoption and then the you the first use cases and how that kind of builds out from there yeah and then you also look at the other chains out there so you look at the likes of the cosmoses and the polka dots and the others and see how they performed um since uh since their launch and yes some of them might take a little while to get there you
know six months 12 months two years whatever um but you start looking at the prices that they um that they've reached and then you'll understand where we're going guys there are some chains that I want I don't want to like name them but I think everyone will understand that if I say ghost chains so they are like kind of operational they say like that but uh there there's no product over there it's just ghost chains and they are valuable like when you look look at the coin Market cap or check th
eir ftvs they're huge but nothing over there just nothing it's ghost town so uh and like with the upcoming projects that we have right now we already announced some we are still working on some uh this is going to be a very vibrant ecosystem I can definitely tell you this I think yeah I think there's there's there's a lot of uh a lot of a lot of interesting times and exciting times to come to see what is started to be developed using the tech 100% awesome I think uh it's time for I know sort of
just had a closing statement but even if we just uh roll our closing statement now um and then we can let everybody Escape for the afternoon morning or midday um who wants to kick us off of that yep drop right so we be we we'll be announcing that tomorrow at some stage big bonus air drops 250,000 l1x coins is is one of the major prizes 200,000 coin 50,000 a coins so that's rolling out we'll announce that and once we've announced that um intract is already happening now so you can go on to the in
site register and um and and start with that airdrop campaign as well um and then experts and nodes opening up tonight um between 9 12:00 p.m. we'll be uh issuing out all the information that we've shared here so you'll have the the step-by-step process and and everything like that I'll just make sure the team's going to share the link with everybody um yeah so that's opening up tonight as well uh first 100 make sure that goes smoothly and then we continue to open up from there so yeah excited
12 days to go 12 days to go yep TG on second of April and interestingly um I was talking about it with my father the other day it's actually his birthday so he's actually he was quite chuff to hear about it so yeah but uh yeah I'm gonna 86 and yeah he understands it impressive and like guys like to everyone uh who watched this video uh like I don't know we are close to two hours right now uh you researched first then you are going to ape uh this is wrong in the bull market in normal circumstance
s but uh to the people who Apes first then research later this is the research material that you should have thank you for all I think that something yeah research or research and eight yeah okay I think the main question is are we going to be able to Strongarm any Alpha out of Chief no yeah absolutely that's it I'm just gon I'm gonna jump on another call in about 15 minutes with another um another capability I'm not going to talk chain I'm talking about a capability that we're we're wanting um
so that's what the calling 15 minutes is about so let's see what we come out of that one maybe I'll have some Alpha L that's good enough Alpha yeah no you can come on no want to be on their call mik do you know what would be good in future and we're starting to do this with the amas is we're getting um uh teams and projects on there and um it could well be that these uh the thing that our users should look at is are we actually talking to this particular project are these one of the ones that we
've been talking to that want to come on board or not or are these new so you know um think about that when you uh when you're listening to the amas you would never know sometimes depending on how we talk to them yeah I was just thinking Chief maybe if you just leave leave this on in the background while you're in that meeting and all 700 of us on this call maybe could just listen in quickly it's an idea no okay you you are you are considering sneaking 700 people to a call yeah I'll look after y
ou guys don't worry about it they won't even know we're here they won't even know you won't even know that's a community manager that the community wants we'll actually get open up the calls with um you know when we're talking to new projects down the track um live conversation we have do you guys realize we're the only four people left in this stream yeah apparently yeah yeah I I I closed this ages ago no no no no so anyway if we uh with our uh yeah I love that comment Chief and you 700 persona
l assistance that's right it's just my staff it's just my anyway wrap this up before my ADHD gets us carried away some just a real final little one from me um I had to do a bit of a move um last weekend or over a couple weekends and um I got to say that some of our community out there actually came and helped um they know who they are um I couldn't have done that without them so it just tells you the power of this community that they'll you know they'll help you out um as well great bunch of peo
ple I that's great anybody Power Ranger suit then Mike Sure for you for you surely yeah depends how ill you want to get so all right if we're doing favors who's setting up the o1x island who's who's doing it who surely somebody's got access to Island that's where they were moving you to the island yeah of course right right I think I think I think he bought it like I I mean like 1800s or something like that right I mean all right on that note we lost your invite mate yeah it's under water now it
's under global warming it's now that that was the Atlantis right continent that's my God all right well let's close that out now that everybody's insolv to Chief nobody inv to the island anymore me it's good thing I bought this brand new house my background the communities know as my fancy piano um Chief was visiting earlier anyway let's wrap that there once again uh I think uh you know great great spaces as well with a great topic for the community I think this is um you know something it's be
en well looked forward to from everybody and you can see from even just everybody that's in attendance how much uh value the community puts in this in this protocol in this project and in the things that um you know the team has managed to put together for for this moving forward you know in that in that experts Club in the in the nodes in the airdrop campaign you know um it's very obvious how much value the community puts and all that so um once again thanks everybody for uh for being here obvi
ously Chief uh f match it's always amazing to have all of you on at the same time in the same place in the same room um with Chief and his 700 uh personal assistant so do a virtual handshake I don't know there we go we're in the chief get off my piano you exactly exact same lundry that's good yeah yeah you this is the house that Chief you know just earlier in the island anyway so we'll wrap that now once again thanks for coming uh we will see you on the next one and stay tuned for the next coupl
e of hours because as you may uh know there's some uh stuff coming out very shortly so keep your eyes peeled we'll push all the documentation out and anything else you need um as as things roll out and we will see you all very soon thank you for coming you've been amazing cheers everyone

Comments

@Corn_DOG

I asked this before, and my comment was deleted. What happens if a xerps tier isn't chosen?

@erintreutel

'promo sm'