Topic: [ANN][ICO] X8currency - X8X - page 3. (Read 3348 times)

So how does this work, we need to buy some CFI tokens to take part in your ICO? whats the difference if we do not buy and participate directly? Is there some kind of additional bonus provided to the CFI token holders?

We are not working with UBS AG, but opening an account. Our clients' holdings will be placed there, because it is easy to insure them at SwissRE when placed in an institution of such reputation.


Banks and financial institutions do not list the names of their clients, so can you explain what kind of a source you have in mind?

We will provide more info on that question soon. Meanwhile, feel free to join our Slack.

All I found from the website is: "X8 leverages the benefits of the Swiss financial ecosystem. FIAT funds deposited in the Swiss UBS AG, are insured by SwissRE AG and audited daily by JP Fund Services. A store of gold currency in safest certified storages outside the banking system serves as additional reserve for X8 currency."

There's no reference other than that. The website does not provide a source though . . . 

So are you working with swiss bank? Can you prove it? The team seems weak and the website is also not so promising. Explain the deal with swiss bank please

Executive Summary

X8X Tokens will be issued in several phases to raise funds for upgrading online Portfolio Risk Management Platform, establishing a stable cryptocurrency named X8currency (short X8C).
X8X will be issued in a limited amount (TGE only) as a standard ERC-20 Ethereum Token, tradable on online crypto exchanges.

Private placement phase is already concluded. Investment phases are scheduled:
1. Limited Whitelist TGE (19.12.2017)
2. Unlimited Whitelist TGE (20.12.2017)
2. Crowdsale (23.12.2017-19.1.2018), only in case hard cap is not reached in previous two phases
To participate in TGE, you must sign up for the Whitelist on our website.
X8X Tokens can be bought with Ethereum (ETH). Therefore, if you want to be a part of the X8 revolution you have to join the X8 Whitelist™.

• Minimum cap: Min cap already raised by private placement
• Maximum cap: Additional 3.4 mio €
• % of tokens generated to X8 Team: 15%
• % of tokens generated to X8 Capital AG: 6%
• X8X created per 1 Ether (392.3723 €) @Bitstamp as of 5.12.17: 3923.723 X8X
• Date of the start of the limited X8 Whitelist™ contribution : 19.12
• Date of the start of the unlimited X8 Whitelist™ contribution:  20.12
• In case max cap is not raised in first 2 phases: Crowdsale 23.12 – 19.1.2018
• Maximum number of X8X Tokens: 100 mio
• Of which crowdfunding participates: 52 mio
• Of which X8 Team and X8 Capital AG: 21 mio
• TGE Price per X8X Token: 0.1 €
• Minimum contribution in limited phase: Announced 18.12
• Maximum contribution in limited phase: Announced 18.12

Important explanations
X8X and X8C
Business model
Security
Whitepaper





Short description

All professional crypto investors or crowdsale projects founders experienced the fear and fury of extreme volatility in cryptocurrencies markets. The solution is a technology from the “old business”: portfolio risk management. And you can become the part of the revolution in the two-phase TGE on the 19th of December at 5PM CEST.

Check out a brief video presentation:


X8 project is connecting the “old business mentality” with the blockchain world by offering investors, entrepreneurs and businessmen a solution that disperses their crypto wealth into gold and 8 fiat currencies like Dollar and Euro.


Our main weapons in the fight against against volatility are a portfolio risk management platform and our own special cryptocurrency called X8C. We’re building a safe, scalable and secure currency system for the distributed future.


But we need your help to make the revolution happen:

The first early adopters have already joined us in a private placement phase.
You can became a part of the revolution in the TGE on the 19th of December and on the 20th of December. Both days only members of the X8 Whitelist™ will be able to buy tokens in a limited amount (first day) and in an unlimited amount (second day).
Do not miss out on this opportunity we recommend you to sign up for X8 Whitelist™.

Communications



For more information about the revolution in the cryptoworld check our website, Medium page, Blog or join our public X8 Telegram channel , where your questions will be answered within hours.

X8 Team