Topic: [ANN][BLX] Blue0x.com Currencies|Marketplace|Exchange "Together.We Are The Bank" - page 4. (Read 3336 times)

Please join our Discord to stay up to date.

that is great and what is your marketing planning for your project?

We are here for the long-term.

I found this project beneficial but hope that the developers do not lose heart in the mid and do not leave the project orphan.

"Together.  We ARE The Bank."

I think project is great option lets see where it goes the power belongs to peoples keep that in mind

Uh oh how many imbeciles have come here with proposals to rectify flawed financial system, how many have committed their lives to overhauling poor investment vehicles of the modern day, and how many have failed? Everyone. Wait for World Reserve Currency to come to light. Rothschilds are in charge of the FED, in charge of the banks and they now also control crypto. They are going to protect their keep.

• Blue0x | CURRENCIES - currencies modeled after real-world fiat currencies (i.e. USD -> USDX)
• Blue0x | MARKET - buy and sell physical goods and services in your native Blue0x currency
• Blue0x | EXCHANGE - exchange your native Blue0x currency with other Blue0x currencies around the world (i.e. USDX <-> EURX)

---

/// BLX and the Blue0x Network





The Blue0x token, referred to as BLX, is used to quantify value within the Blue0x Network. A specific amount of BLX is required, as a fee, for each transaction to be successfully executed on the Blue0x Network. This fee is given to the node that forges (generates) a new block containing the transaction that is then accepted into the blockchain. You may think of it as a reward given to the node for offering it's computational power to secure the Blue0x Network. This fee also discourages 'bad actors' from abusing the Blue0x Network. (i.e. spamming)

Note: Most transactions on the Blue0x Network have a fee of 0.01 BLX. (1 BLX to list an item on the Marketplace)

Price:
The price of BLX is determined within the Blue0x Exchange. This price, in return, sets the cost of each transaction on the Blue0x Network. For example, if the last trade on the USDX exchange was 1 USDX per 1 BLX, then a transaction would cost 0.01 USDX. This would also imply that 1 BLX is exchangeable for 1 USDX.

Total Supply:
There are 1 billion BLX in total, all of which are in circulation. These BLX were created in the Genesis Block, or 1st block, of the Blue0x Network. Additional units of BLX cannot be created.

*It is recommended to have at least 1 BLX in your Blue0x wallet at all times to ensure that you are able to cover the fees of future transactions.

---

/// Blue0x Currencies



Blue0x Currencies are a medium of exchange for real-world goods and services. In short, they are money accepted as a method of payment in their respective regions. Each currency hosts its own respective marketplace.  Each currency is issued with a final total supply and no additional units can be created beyond that total supply.  

All Blue0x Currencies are exchangeable with one another, which lays the groundwork for a state-of-the-art, international payment system.

Currencies Currently In Circulation:

• USDX - United States Dollar - 25 trillion total supply
• AUDX - Australian Dollar - 2.5 trillion total supply
• CADX - Canadian Dollar - 2.3 trillion total supply
• CHFX - Swiss Franc - 1 trillion total supply
• CNYX - Chinese Yuan - 230 trillion total supply
• EURX - Euro - 15 trillion total supply
• GBPX - British Pound - 3 trillion total supply
• IQDX - Iraqi Dinar - 60 trillion total supply
• IRRX - Iranian Rial - 100 trillion total supply
• JPYX - Japanese Yen - 100 trillion total supply
• NZDX - New Zealand Dollar - 380 billion total supply
• RUBX - Russian Ruble - 60 trillion total supply

Prospective Currencies:

• To Be Determined / Created As Needed

---

/// The Blue0x Decentralized Marketplace
Preview
GitHub Repo
Blue0x Market is where Blue0x users may buy and sell goods and services in exchange for their native Blue0x Currency.  

Blue0x Market is designed to be run from your local machine and to interact with your locally hosted wallet.  This increases overall network decentralization and security.

---

/// The Blue0x Decentralized Exchange
Preview
Github Repo
All Blue0x Currencies are exchangeable for BLX, and vice-versa, via the Blue0x Exchange. Holders of a Blue0x Currency may publish an exchange offer specifying the buy and sell rate of the currency much the same as banks or currency exchanges publish their exchange rates.   All Blue0x Network users will be required to occasionally transact with the Blue0x Exchange in order to obtain BLX to pay network transaction fees.  The exchange rate of each Blue0x Currency is in relation to BLX. This rate ultimately determines the 'cost' of each transaction on the Blue0x Network.  As the Blue0x Network matures, arbitration opportunities between Blue0x Currencies will become available. This will ultimately create a FOREX-type trading environment within the Blue0x Network.

Blue0x Exchange is designed to be run from your local machine and to interact with your locally hosted wallet.  This increases overall network decentralization and security.

---