Rebranded from the Chimaera project, XAYA is a blockchain gaming platform. Its blockchain acts as a decentralized gaming backend that is scalable, secure and reliable. The XAYA platform is a continuously evolving environment facilitating developers with the tools they need to get their concept to market in less time with reduced cost.
The CHI is a utility token that works within the XAYA blockchain. It will serve the users as a medium for acquiring XAYA products such as apps and dapps (decentralized applications) as well as most of the features and services supported by the platform. In addition, transactions made between users on the platform can be performed using the CHI tokens.
The XAYA main ICO begins on September 05, 2018. The ICO token supply represents 40.5% of the total token supply, so there is a total of 150,000,000 CHI tokens available, for 0.00002 BTC each. The ICO funding target is 250 BTC, the funding cap is 1,050 BTC and is expected to end on October 10, 2018 or when the funding cap is reached. All the remaining unsold tokens after the ICO will be burned.
Token Reserve Split (59.5%):
The XAYA ICO features a bounty campaign as well as the following bonus structure, and the token will be mineable.