After Ethereum transitioned to PoS, the entire market has indeed been lacking a truly decentralized PoW Layer 1. @xos_labs perfectly fills this gap, and the entry barrier is relatively low—you only need a consumer-grade GPU with 2GB of VRAM to mine and validate the entire ledger. This means no need for specialized mining rigs, no permissioned validators, and no reliance on centralized infrastructure. Anyone can participate in building the network from home. I saw that they’ve recently started a presale. The current plan is to launch with a 26M FDV, with 50% TGE release and the remaining 50% unlocked after 6 months. This immediately reminds me of Ethereum’s valuation during its ICO days. Nowadays, most projects start with valuations in the tens of billions and low circulating supply, which is completely unsustainable. Most teams are focused on short-term cash-outs, but the X team has fully aligned their interests with the long-term development of the project. They’ve set a 3-year lock-up period for themselves with conditional unlocking, which is rare to see in projects these days. From a technical perspective, X’s positioning as a sovereign settlement layer is also very interesting. In an era of multi-chain coexistence, there’s a need for a truly neutral and decentralized base layer to support value settlement. The security and decentralization characteristics of PoW actually become an advantage in this scenario. Portal: http://token.x.ink