🔥[ANN] IEO starts on July25] [XTK] -Xtake.cash - Universal Blockchain Income 🔥 - page 3.

Rikafip

legendary

Activity: 1722

Merit: 5937

Quote from: CucakRowo on July 19, 2020, 04:59:31 AM

Why do I feel the reward scheme that you applied to this project is so risky? The scheme that you apply is very similar with MLM distribution scheme and monthly rewards percentage that you apply is similar to the ponzi scheme system? Or perhaps i'm wrong?

I have the same feeling as well, this project indeed looks dodgy and I see several red flags here:

They are going into IEO while not revealing the team behind this
OP of their ANN (@emmagloty5) has a history of ponzi promotion and shilling.
They promise from 5% to 25% monthly reward in their tokens. I expected that value of those tokens will go down at least as much each month, as there is no use case for it, other than "buy shit load of our tokens and get xyz% each month"
Last but not the least, mostly newbie accounts showing interest in this, and we all know what that usually means (most likely bumping service)

CaVO32

full member

Activity: 1848

Merit: 158

the negative trust rating of the OP will have an effect on attracting potential investors on this project. are you going to disclose your team members to gain trust from the community? with huge supply of your tokens, how are you going to increase its value once it is already in trading?

Tarz

full member

Activity: 238

Merit: 110

Quote from: CucakRowo on July 19, 2020, 04:59:31 AM

Why do I feel the reward scheme that you applied to this project is so risky? The scheme that you apply is very similar with MLM distribution scheme and monthly rewards percentage that you apply is similar to the ponzi scheme system? Or perhaps i'm wrong?

What should be done to procure a Gold status? Does Xtaker gold happen when a person takes multiple head blows from silverback gorilla? Whence you infer the meaning of the name, Taker. Xtaker gold advances beyond normal taker by trussing up in gorilla's costume for being a voluntary slave of another gorilla for 3 days which yields them high profits and prestigious rank.

MaynardXTK

newbie

Activity: 14

Merit: 0

Quote from: ?? on ??

if I buy tokens on July 25, when will I be able to trade ?
how long will I have to wait for the listing ?

We will announce the trading start date after the end of the IEO, but it's going to be very soon

MaynardXTK

newbie

Activity: 14

Merit: 0

Quote from: CucakRowo on July 19, 2020, 04:59:31 AM

Why do I feel the reward scheme that you applied to this project is so risky? The scheme that you apply is very similar with MLM distribution scheme and monthly rewards percentage that you apply is similar to the ponzi scheme system? Or perhaps i'm wrong?

I think you're totally wrong

We don't need new investors to pay the rewards of the previous ones or anything like that

Please check out our white paper and our tokenomics:

https://t.me/xtakeNews/17

CucakRowo

hero member

Activity: 994

Merit: 593

aka JAGEND.

Why do I feel the reward scheme that you applied to this project is so risky? The scheme that you apply is very similar with MLM distribution scheme and monthly rewards percentage that you apply is similar to the ponzi scheme system? Or perhaps i'm wrong?

MaynardXTK

newbie

Activity: 14

Merit: 0

Quote from: ?? on ??

it all looks really interesting , but I do not understand how the reward will be generated and what it will depend on?
what do I need to do in order to get the maximum income ?

Please take a look at our whitepaper:

The monthly profitability of the xtaker ranges from 5% to 25%
Also, all you have to do to receive the rewards is to have an ETH wallet with XTK tokens. From
xtake.cash we highly recommend the use of the Metamask wallet due to its ease of use and the
integration possibilities for future projects that we will reveal over time.
Our system will automatically calculate your profitability daily based on the balance of the
wallet, it will accumulate and on day 1 will also automatically transfer your benefits to your XTK
address (address eth), so you will start receiving your monthly UBI (Universal Blockchain Income)
XTK will be negotiable on exchanges so you will always have the possibility to buy more tokens
to increase your monthly UBI and your rating as xtaker, as well as sell them if you want to take
profit of the token revaluation. XTK does not require maturity periods or token locking, so you
will always be free to trade in the market.

https://xtake.cash/pdf/xtake_whitepaper_EN.pdf

emmaglory5

copper member

Activity: 134

Merit: 1

love to live honestly & try to be self-dependent

Xtake

Global power mining platform Xtake

Universal Blockchain Income powered by xtake.cash Easy and constant, payments each first day of the month. Passive income, the way to the financial freedom.

ABIT - The Next Generation Digital Asset Exchange

Announcement about official IEO of XTK

IEO Details:

IEO Application Opening：17:00, July 25, 2020 (Singapore Time)
IEO Application Closing： 17:00, July 30, 2020 (Singapore Time)
IEO Supply Volume: 100,000,000 XTK
Volume per ticket: 10,000 XTK/Ticket
IEO Price: 0.02 ETH/Ticket
Bonus: 10% bonus for purchase ＞1,000,000 XTK; 15% bonus for purchase ＞2,000,000 XTK; 20% bonus for purchase ＞5,000,000 XTK

IEO Rules:

The XTK IEO is ETH-based. All participants should have enough ETH balance in their ABIT account.

After the submission of XTK IEO purchase, the corresponding ETH amount will be frozen from the ETH balance of user's ABIT account until the final results are released and distribution is fulfilled.

The final completed transactions for each account are subject to the total number of participants and total purchase volume.

When results released, the ETH cost for any completed transactions will be deducted from user's account automatically, while the remaining amount will be released.

The bonus volume will be distributed after the IEO end.

All IEO participants have to complete the KYC verification of ABIT.com

ABIT.com reserves all rights of explanation for this IEO.

Project Introduction

xtake.cash is born as a global power mining platform for community based on the XTK token. The staking reward will not depend on complicated concepts such as difficulty. It will be easy to calculate and check out at all the times in real time.

Official Website：https://xtake.cash

ABIT Announcement- https://helpcenter.abit.com/hc/en-us/articles/900001771763-Announcement-about-official-IEO-of-XTK

The Problem
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“If you are not a part of the solution, you are a part of the problem.”
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Like Bitcoin, most PoW coins still require expensive mining equipment such as GPUs,
ASICs FPGAs or powerful CPUs, also generating high energy costs and environmental
heat that is beginning to be a serious problem for our planet. To achieve efficient mining
you need a large investment in hardware equipment that will be difficult to make it
profitable depending on your energy costs.

On the other hand, alternatives such as PoS, dPoS cryptocurrencies or similar variants
have appeared in the market through Masternodes, etc. This type of cryptocurrencies
are based on the concept of holding coins, usually requiring a lock period of the coins to
receive rewards or demanding certain days of maturity through which you have to imm-
obilize your funds, etc. These systems cause that sometimes high investments are needed
again to assemble and maintain the Masternodes, they cause costs in servers, as well as
that there are barriers to entry in terms of the amounts of coins and time necessary to
perceive profitability. Again it becomes difficult to make profitable these investments,
cause the ROI to become negative in most of cases.

000000.0000000000000000000000000000

The Solution
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000000.000000000000000000000000

xtake.cash is born as a global power mining platform for community based on the XTK token.

As a XTK tokenholder (AKA xtaker) you will receive a linear and constant return. The
reward will not depend on complicated concepts such as difficulty, it will be easy to
calculate and check out at all times in real-time.
0000000000000000000000000000000000000000000000000000000000000000000000000
It will not be necessary to have any knowledge of hardware or software to start earning
money through cryptocurrency mining, nor will it be necessary to lock tokens or deposit
them in wallets of which you do not have the private keys, neither you will need to invest
in expensive hardware or pay for server maintenance.

xtake.cash seeks to transmit the wealth generated by cryptocurrencies through monthly
transfers to its xtakers.

“xtake.cash is not part of the problem, it´s part of the solution”

XTAKE Token Specs
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00000000000000000000000

You can use any Ethereum compatible wallet as Metamask,
MyEtherWallet etc.
We strongly recommend to use Metamask wallet due to future
implementations with our project https://metamask.io

XTAKE Tokenomics
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XTAKER Benefits
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From the beginning of the stake period, daily rewards will begin to accumulate based on the
rating of each xtaker according to the tokens it accumulates: