POA Forum

B-Tech Support Announcement

Today we are excited to officially announce B-Tech, a new investment arm of BitMax.io and Focus Labs, as an anchor investor in xDai Stable Chain.

Our thesis is strongly focused on real usage, not just speculation. xDai emphasises on UX and private transactions - this is exatly what users need. We are excited to be working together on payments adoption! - BTech Team

ETH Denver witnessed the biggest crypto pop-up economy, powered by xDai and Burner Wallet. Now we are moving further with interoperable bridges enabling a global payments ecosystem. We believe that the focus on Layer 2 and user-first approach can really make a difference and move forward real-world adoption of cryptocurrencies. Read about our journey and what’s expected to happen in the near future in these series. xDai Introduction

“Excited to select xDai as the first seed investment of our incubator fund B-tech. We are keen on supporting the efficiency of ETH ecosystem as well as how it advances the global payment processes for everyone.” - George Cao, CEO of BitMax.io

Telegram- https://t.me/xdaistable
Ann Channel- https://t.me/xdai_official
Twitter- https://twitter.com/xdaichain
Discord- https://discord.gg/mPJ9zkq
Github- https://github.com/poanetwork

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What does “Anchor investor” mean? What did you invest in, one of the Validator nodes? The xDai blockchain Team / organization? How much did you invest? The link provided above doesn’t show any announcements. Thanks in advance!

Anchor investors (cornerstone investors) are marquee institutional investors more or less. B-Tech invested in xDai/Dpos seed round, specifics surrounding the investment have yet to be released but I’ll update here as soon as I’m able. You’re welcome!

Jason @Jason_T s a new Community Manager of xDai.
He is also a new moderator on the forum.
He posted the news about seed.

Please let me know if you have any further questions.

This is not a personal concern for me since I did not invest in POA, but how does the fact that people are investing in xDai impact POA investors? I had always assumed that xDai was developed with the funds from the POA investors, and it is the flagship project of POA. I would assume that value generated by it should accrue to the POA investors, instead of whatever instrument or token was purchased by BitMax or anyone else investing in xDai.

how does the fact that people are investing in xDai impact POA investors?

POA Core and xDai Stable Chain are independent networks.
At POA team we support use cases for gaming and interoperability for the usage of POA Core.
Geon is a great example of a dapp moved to POA to scale.

POA team supports and develop essential tools for POA Core such as

  • BlockScout
  • TokenBridge
  • Client (Parity/Nethermind)
  • Protocol upgrades
  • Bootnodes
  • RPC nodes
  • Grants program
  • Integration with wallets and liquidity providers

The POA Core network has a mechanism for self-sustainability emission which can fund all services mentioned above. Decisions of the distribution are by onchain governance of POA Cooperative (the majority of validators)

POA Core native token is a utility token. You can read more on POA Token Economics over there POA Token economics

There were no investors in POA procol but contributors to the protocol’s tokens.


would assume that value generated by it should accrue to the POA investors, instead of whatever instrument or token was purchased by BitMax or anyone else investing in xDai.

we are proposing how token holders of POA can benefit from parallel development.
E.g. here is the proposal of migration from POA consensus to POSDAO with nominated delegated proof of stake with a new staking token. This will decrease the emission of the POA token to zero while keeping all utility functions of the token.

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