XENON (XNN)

Xenon (XNN) is a cryptocurrency that was created in September 2017 as a fork of EOS and distributed via Airdrop. At the time of writing, EOS is one of the most popular blockchains handling more than 75% of the overall operations at zero fees. The underlying development company Block.one has a great development team with a few other successful projects behind their belts. Since the fork took place before EOS launched its mainnet, Xenon is based on the Ethereum platform. The project was aiming to resolve some regulatory problems that public offerings came across and to get more widespread distribution than EOS. It was planned to distribute 70% of tokens via Airdrop and to use the remainder for funding and promotion via various bounty programs. The price of XNN token significantly rose together with the whole market at the end of 2017 and reached its all-time-high index of 1,23 USD per coin on January 9th, 2018. It lost most of its value soon after its peak and has never regained its positions. At the time of writing, its website is dead and the coin has zero trading volume as it’s not listed on any serious trading platform.