The crowdsale is an event in Moonstone where 95M of the 100M genesis tokens will be distributed to the public and raising funds to further develop and promote Moonstone. It is also the the fairest way to distribute the 95XMS since you get a proportional amount by how much you spend. And the earlier you are, there is a bonus.
Moonstone DAC (XMS) is a cryptocurrency project that trades under the ticker XMS. Like most digital coins, it exists as a decentralized digital asset on a blockchain, meaning it isn't controlled by any single bank or government. The 'DAC' part of the name suggests a decentralized autonomous community or company structure, which is a common model where token holders participate in governance decisions.
Moonstone DAC (XMS) is a digital asset with its own ticker that trades independently on cryptocurrency exchanges. Unlike Bitcoin, which was designed primarily as a store of value, projects with a 'DAC' structure typically emphasize community governance, where holders can vote on project decisions. Always check the project's official documentation for its exact purpose and features.
As a blockchain-based asset, XMS transactions are recorded on a distributed ledger maintained by a network of computers rather than a central authority. This means transfers happen directly between users and are verified by the network's consensus mechanism. For technical details like the specific consensus algorithm, refer to the project's whitepaper or official site, as these vary between projects.
Every cryptocurrency has its own emission model, which defines how many coins exist and how new ones are created — whether through mining, staking rewards, or a fixed initial supply. The exact tokenomics of XMS, including maximum supply and distribution, are specified in the project's official documentation. This information is worth checking before getting involved, as supply mechanics directly affect the asset's scarcity.
XMS can be stored in any cryptocurrency wallet that supports its underlying blockchain — hardware wallets offer the strongest security, while software and exchange wallets are more convenient for frequent use. Typical uses include holding, transferring to other users, and trading on exchanges where the coin is listed. Always double-check wallet compatibility and the official contract address before sending funds.