Listia Raised $15M With Its XNK ICO. Now It’s Ditching the Token for Props

Listia is discontinuing work on the Ink protocol, a cryptocurrency built for marketplaces, CoinDesk has learned.

The project was funded with a $15 million token sale for the XNK ERC-20 token, which announced results in January 2018. Listia, a used-goods marketplace, is now shifting entirely to the props network, created by Union Square Ventures–backed startup YouNow.

“We are not shutting down anything like the team, operations or any of the new tech that we have built but, yes, we have decided to move our apps and tech on top of Props,” Gee Chuang, Listia CEO told CoinDesk in an email.

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