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Nine pages and 3500 words.

This is all it took to inspire a worldwide movement and quarter trillion-dollar industry. From idea to innovation, there was no request for funding, no investors, and definitely no need for an Initial Coin Offering.

What the originators lacked in funding, they made up for in value. What the developers lacked in marketing, they made up for with a deep desire for change. They were solving a problem, a real problem, and challenging the fundamentals of the world’s economy to the core.

There was only an idea, the execution of that idea, and the subsequent creation of value into the world. The Bitcoin Whitepaper from Satoshi Nakamoto in 2008 is the largest example in human history of how a value-based economy can work at scale.

Despite over $13,000,000,000 raised through Initial Coin Offerings in the first half of 2018, over 1000 projects are now dead with 81% of projects reported as scams. The race to innovation turned into a battle of marketing hype and artificial speculation rather than the creation of purpose-driven technology.

These are the problems we aim to fix and this is why we created the XIO Incubator. We believe in solving for X: the undiscovered, underdeveloped, and unresolved obstacles within the blockchain industry.