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Upgrades and Updates

January 2021

THIS IS HOW THE SWAP ALLOCATION IS DISTRIBUTED,
PRE SWAP 14,700,000 XTA
TRADEOORE SWAP 14.000.000 XTA
SWAP ALLOCATION 25.000,000 XTA
CREX24 SWAP 700,000 XTA
EXCHANGE LISTING 300,000 XTA
RESERVE FEATURE IPO RESERVE 10 000,000 XTA

Upgrades & Updates

First thing is first, the scheduled swap completed and the Italo network is now running on the new chain. There was a bit of effort involved by multiple parties but we are glad to report it has 100% completed.

On another note Italo developers have released the newest version of the Italo wallet and Daemon V9.0.1 you can find them both in the downloads section of the Italo website (www.italo.network) be sure to download and upgrade your current version to the newest one as soon as possible.

The Italo network has a shared service node feature. this upcoming week we will be implementing multiple public shared nodes for users to be able to group together to share the profits from staking a node. rather than needing the full 15K XTA to operate a service node, users will be able to split the XTA requirement in order to share the profits.
Many new service nodes will be coming online in the following weeks. Italo has gained support from a VPS hosting company to provide cloud based deployment of our service nodes.

Network Stats

ITALO Active Service Nodes (51)
“In this sense, it’s more typical of a precious metal. Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes. As the number of users grows, the value per coin increases..” Satoshi Nakamoto

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