Wilmington, Delaware, USA, May 27, 2022 (GLOBE NEWSWIRE) — Wilmington, May 22, 2022. Xeniia (ξενία) meaning guest hospitality in Greek will be the token representing HospoWise and will be the corporate representation of the sector hotelier.
A series of new products are being built to serve the hospitality industry and replace existing systems and technologies that are currently not working in the best interests of people who work in the hospitality industry. These products will benefit businesses related to the relevant industry.
Xeniia is the cryptocurrency that will underpin new technologies, applications and services. Increase margins, profits and revenues everywhere.
New bonuses and rewards are also added so that industry can be more profitable and service industry personnel can earn more money.
Xeniia is a new ERC20 token. It has a maximum total supply of 30 trillion while burning 15% before launch. Xeniia’s smart contract was coded by the Shibnobi team.
DxSale hosts the pre-sale of Xeniia. The presale started on Monday, May 23, 2022 and will last four weeks. When the hard cap is reached, the token will be available for purchase on the market shortly thereafter.
Limitation: During the first two weeks, pre-sale investors can only sell 2.5 ETH per day. The maximum you can contribute to the presale is 7 Ethereum, and the minimum you can contribute is 0.1 Ethereum. The hard cap is set at 250 Ethereum, while the soft cap is set at 125 Ethereum.
The Xeniia smart contract has four main functions: contribution, liquidity, reflection and anti-whale. Xeniia is taxed at a rate of 15% for the first four weeks. After that, after 5 months, HospoWise will reduce taxation to a total of 8%. Over time, HospoWise will gradually reduce Xeniia’s taxation.
The distribution of taxation for the first four weeks is shown below:
Contribution: Each transaction contributes 5% to the company’s portfolios. This wallet is used for marketing and recruitment. This wallet supports multiple signatures. This means that before a transaction can be executed, it must be confirmed by multiple (3) business partners, helping to prevent unauthorized access to the business’s cryptography.
Liquidity: Each trade contributes 5% to the liquidity pool, which helps keep the price floor stable.
Reflections: The reflection tax is levied directly on each holder in proportion to each transaction. A passive income feature of 5% for the first four weeks, followed by a 3% feature the following month and a 1% feature the following month. This function will be permanently disabled after the first three months of operation.
The purpose of this program is for HospoWise token holders and early investors. This feature allows early investors to accumulate more tokens by hodling them.
Anti-whale mechanism: The anti-whale mechanism is integrated into Xeniia’s smart contract. This limits the sale of the token to a maximum of 20 ETH per day per wallet for investors buying on or after the launch date (non-presellers).
HospoWise wishes to recognize and reward its early investors for their faith and commitment to the project. After the presale is over and before the token hits the market, the Xeniia airdrop event will begin for HospoWise token holders.
The HospoWise team has been KYC through Certik and Coinscope for investor security.
For more information:
If you have any questions, please contact: www.xeniia.io
Public Relations Department – HospoWise
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