no update news from XUC Team, i guess this project is faided . saddly ,hope that's not true!
Team released in the official website of the announcement
Since the release of the White Paper on the Subscription of Exchange Union Coin(XUC) on 15 July, 2017, we have received a predefined amount of subscriptions for both bitcoins (BTC) and ethereums (ETH). In other words, the bitcoins (BTC) and ethereums (ETH) we have raised has been sufficient for the construction and operation of the Exchange Union. Therefore, on the one hand, we would like to express our sincere gratitude to those who have kept an eye on and supported us; on the other hand, we are sorry to announce the cancellation of the ICO initiative, which was due to launch on 7 August, 2017. If you need more information, please refer to the amended White Paper on the Subscription of Exchange Union Currency (XUC), which shall govern all information. We genuinely hope that you will continue to support the Union as it develops. We truly appreciate your attention and kind understanding.
Exchange Union Team
August 5, 2017