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🌟 Exciting Update for the #cPenNetwork Community! 🌟 We’re thrilled to share the finalized cPen Network Coin Economics: 🔹 72% Community - 60%: Pre-mainnet mining (rewards, airdrops, etc.) - 12%: Mainnet rewards (nodes, creators, validators, etc.) 🔹 10% Team 🔹 10% Treasury (liquidity, listings, market-making, etc.) 🔹 8% Ecosystem 💡 No presales. No investors. This ensures the majority of coins go to the community. 🌀 Total Supply: Will be determined by factors like total mining users, rates, rewards, bonuses, etc. Finalized before token distribution. 🙏 Thank you for your unwavering support. Together, we’re building a solid foundation for a bright future. 🚀 Stay tuned for more updates! #Blockchain #CryptoEconomics #CommunityFirst
Ex-SUI Foundation Managing Director Greg Siourounis Named xMoney Global Co-Founder and CEO to Drive MiCA-Compliant Stablecoin and Payments Program Shifting market conditions and new ambitions for xMoney Global, the cross-border, inter-bank and unified crypto/fiat integrated payments platform, has created the opportunity for a completely new leadership, growth, and product strategy. To lead the charge, Dr. Greg Siourounis, award-winning economist and experienced business leader, will join the company as Co-Founder and CEO. His immediate target will be to focus on strategic deals, regulatory alignment, and market expansion, as xMoney Global looks to build a comprehensive payments platform that bridges legacy financial systems with the potential of decentralized finance. Serial fintech entrepreneur and renowned economist, Dr. Greg Siourounis brings a vast experience spanning over 25 years of leadership and board roles in various major tech, VC, as well as Managing Director of the Sui Foundation. He also co-founded Cenobe, a cybersecurity service provider, and EveryPay, a fully licensed payment service provider, regulated by the Bank of Greece. As an economist and academic, his work has been referenced in the 2024 Nobel Prize in Economics, while also being recognized, among other accolades, with the 2005 Young Economist Award from the European Economic Association and the 2008 Austin Robinson Prize from the Royal Economic Society. As the digital landscape continues to evolve with the coming #MiCA regulation, xMoney Global, a Mastercard principal member, with strategic European licenses, such as e-Money and VASP, intends to lead Europe’s upcoming EU-regulated stablecoin era. Stablecoins are a key driver of blockchain adoption in today’s market, already surpassing Bitcoin, remittances, and PayPal in annual transaction volume. Dr. Greg Siourounis will lead the integration of xMoney's advanced blockchain-enabled payments infrastructure with its upcoming stablecoin product. “With Europe preparing to embrace MiCA regulation, xMoney Global is positioned to redefine what compliant, secure, and seamless digital payments can be.” said Dr. Greg Siourounis, xMoney Global CEO. “Our goal is to deliver a solid and trusted ecosystem that combines the strengths of traditional finance with the flexibility of blockchain technology to create a future-ready payment experience.” The launch of #xMoney Global aims to offer a next-gen blockchain-as-a-service module backed by its native stablecoin, with key white-labeled services including acquiring, issuing, onramps/offramps and a sticky loyalty program, all backed by MultiversX’s state-of-the-art sharding technology. @beniaminmincu, Co-founder of @MultiversX Foundation, said, “The frontier of payments is being expanded in ways that only recently were made widely possible. Blockchains open the door to direct financial interaction between any party, even cross-border, while MultiversX makes these transactions near free and instantly settled. Very excited to bring this to the people by working hand-in-hand with industry veterans like Greg.”
