This article is a summary of the X Space held today at 1:00 AM JST regarding the rescheduling of Xenea’s TGE, generated with the help of AI.
If there are any inaccuracies or discrepancies, please let us know.
Rescheduled Space📣 Join our X Space on TGE Schedule Change
We will be hosting an X Space to provide detailed explanations about the TGE schedule change and to address community questions.
📅 Date: March 11, 4 PM (UTC)
🔽Set a reminder and tune in! https://t.co/fxCviDR6fx
— Xenea (TEMP Official) (@Xenea_jp) March 11, 2025
During today’s Xenea Community Q&A, community manager Noah Nzube moderated the session, while Xenea co-founder Yuma provided in-depth explanations about the delay of the Xenea mainnet launch and the TGE (Token Generation Event). He also answered various community questions. It was explained that the event had to be postponed the previous day due to X’s service outage. Additionally, new participants were welcomed, and gratitude was expressed to the community, which has now exceeded 2.4 million downloads. The Q&A focused on the most frequently asked questions regarding the rescheduling.
Postponement of the Mainnet and TGE
Yuma announced the difficult decision to delay the launch of the Xenea mainnet and TGE, emphasizing that this was the best course of action to ensure a smooth launch. During the postponement period, efforts will be concentrated on strengthening partnerships and refining the ecosystem to ensure Xenea launches in the best possible condition. While acknowledging the repeated delays, Yuma reassured the community that the postponement aims to provide a robust and reliable platform. He also committed to keeping the community updated on progress.
The main reasons for the delay are as follows:
- Security: Comprehensive security testing and external audits are being conducted before launch to prevent vulnerabilities post-launch. Lessons have been learned from recent hacking incidents on X, leading to further reinforcement of security measures.
- Exchange Partnerships: Negotiations are ongoing with multiple major cryptocurrency exchanges, and completing these discussions before the TGE is a priority. A solid listing strategy is crucial for Xenea’s long-term growth.
- Ecosystem Readiness: More time is needed to implement key partnerships and integrations (such as APIs). A rushed launch could be detrimental to users. Several significant partnerships, yet to be announced, are in the pipeline.
- X’s Situation: Due to the hacking of X’s official account, effective communication and meeting exchange requirements have become challenging. While efforts are being made to resolve this issue, it is expected to take time.
Key Questions and Answers from the Community
Q1: When will X’s official account be restored?
A: Yuma stated that the exact recovery timeline is unknown. Despite being a gold-verified account with substantial verification costs, X’s support response has been extremely slow. Ownership documents have been submitted, but no progress has been made. As a worst-case scenario, creating a new account is being considered. However, former X employees are escalating the issue internally, so the team will wait for further updates. The hacking was caused by a simple mistake by a team member, and stricter social media management rules have since been enforced. At this point, the team can only wait for a response from X’s support.
Q2: Can the TGE take place immediately after the X account is recovered?
A: Yuma explained that it is not that simple. Some exchanges require a minimum number of X followers for token listing. If the account is recovered but has zero followers, it may not meet listing requirements. Additionally, announcing partnerships while the account is compromised could harm community trust. Given the widespread impact of the hacking, setting a concrete TGE date is difficult at this time. However, once the account is restored, the team aims to proceed with the TGE as quickly as possible. More than a month has passed since the hacking incident, and resolving the issue remains a top priority. If a new account is created, regaining over 500,000 followers would take significant time, so account recovery is the first focus.
Q3: Are there plans for new partnerships and ecosystem expansion strategies to support Xenea’s long-term growth?
A: Due to the X account hack, specific partnership announcements cannot be made at this time. However, many promising partnerships have been secured over the past month. Some involve groundbreaking collaborations and new ecosystem applications exclusive to the Xenea mainnet. A particularly significant partnership for the Xenea Wallet has been secured, and details will be announced soon.
Q4: When will the gem mining campaign in the Xenea Wallet end?
A: The current gem mining campaign is a pre-event before full-scale XENE mining begins. Gems can be converted into XENE, but full mining operations will start after the mainnet launch.
Q5: Will Xenea Wallet support cryptocurrency storage? What is the timeline?
A: Xenea Wallet is definitely planned to support cryptocurrency storage, with an initial target of April. However, this is subject to approval from Apple and Android app stores, which can take time. The X situation may also impact the schedule.
Q6: How will the extended development period enhance the Xenea ecosystem?
A: Yuma clarified that this delay is a timeline adjustment rather than a fundamental change in plans. The long-term roadmap remains intact. Although the current situation with X prevents specific announcements, partnerships and project onboarding are progressing smoothly. A recent small-scale hackathon led to several projects committing to the Xenea mainnet, and the team maintains daily communication with them. Aside from the X issue, everything is moving forward as planned.
Q7: What are the eligibility requirements for the airdrop?
A: The requirements are simple—acquire the Xenea Wallet and collect as many gems as possible. The more gems a user gathers, the higher their chances of receiving an airdrop. Engaging actively in the Xenea Wallet and participating in gem collection campaigns is key. Additionally, a skill-based game allowing players to use gems and earn extra rewards is being considered.
Q8: What are the benefits of collecting gems in the Xenea Wallet? (Are they tied to the XENE airdrop and Mining Passport?)
A: In addition to the XENE airdrop and Mining Passport, other incentives for collecting gems are in the works. Users should check the campaign page for details and follow Xenea Wallet and X accounts for the latest updates on reward campaigns.
Q9: Can new users obtain a Mining Passport?
A: Absolutely. While top gem collectors will have priority access, the ultimate goal is for all Xenea Wallet users to obtain a Mining Passport. The team is also considering adding gameplay elements to enable users to earn more gems in a shorter period. Currently, about 10,000 new users join Xenea Wallet daily, with total downloads exceeding 2.4 million. Every user has a chance to acquire a Mining Passport, so active participation is encouraged.
Q10: What will the exchange ratio be between gems and XENE in the airdrop?
A: This is a crucial question, and the official exchange ratio will be announced before the TGE. The team is aware that many are eager to know, but with the user base expanding faster than expected (now at 2.4 million downloads and 500,000 X followers), a fair distribution requires careful calculation. The final ratio will be revealed before the TGE.
Q11: How many Mining Passports will be distributed?
A: Like the exchange ratio, the number of Mining Passports has not been finalized. However, priority will be given to users who contribute the most to campaigns. Even new users can obtain a passport early by actively participating. Users who have been inactive for months may be deprioritized in favor of engaged community members. More details will be shared once the X situation is resolved.
Q12: Will the Xenea Wallet quiz continue after the TGE?
A: Not only will the quiz continue, but new campaigns, missions, and games will be introduced. The Xenea Wallet is the core of the Xenea ecosystem and will host various collaborations and events post-TGE. Staying engaged will provide more opportunities for rewards. With over 500,000 daily active users, continued participation will contribute to the ecosystem’s overall growth.
Q13: In how many countries is the Xenea Wallet currently available? How many daily active users does it have?
A: While the exact number of countries is unknown, downloads have surpassed 2.4 million, indicating widespread adoption. Daily active users exceed 500,000, with 14,000 new users joining today alone, bringing the total to 2,406,781. Top download countries include Nigeria, Turkey, and France. Although Japan is not in the top 10, this reflects Xenea’s global reach. The wallet is likely available in over 100 countries.
Q14: Are there any new incentive programs or support initiatives planned to encourage DApp development within the Xenea ecosystem?
A: Absolutely. Although specifics cannot be disclosed yet, Xenea is always open to new DApp development and is committed to supporting developers. Those interested in building on Xenea can reach out to Yuma, Toku (CEO), or the temporary official account. Additionally, inquiries can be made by opening a support ticket on Discord.
Q15: Is there a plan to list Xenea on centralized exchanges (CEX) as soon as possible after the TGE? What is the listing strategy?
A: Yuma confirmed that listing on centralized exchanges is indeed planned. He understands the community’s expectations that listing should coincide with the TGE.
Q16: Which major exchanges is Xenea negotiating with for listing?
A: Currently, Xenea is in serious negotiations with seven of the largest cryptocurrency exchanges. While specific names cannot be disclosed yet, an official announcement will be made once agreements are finalized. Xenea’s large user base makes it an attractive listing candidate, and favorable conditions are expected. However, the X account situation plays a critical role, as many exchanges require a certain number of X followers for listing eligibility. Resolving the X issue is crucial for a smooth listing process.
Conclusion
Moderator Noah Nzube concluded the session by stating that Yuma’s thorough answers likely alleviated most community concerns. He reiterated the importance of supporting efforts to recover the X account and expressed gratitude for the community’s continued engagement. Any unanswered questions can be asked on Discord.
Finally, Yuma shared a personal update, revealing that he had recently been hospitalized due to gallbladder issues but has since recovered. He encouraged the community to prioritize their health, marking the end of the Q&A session.
Comment