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Topic: 🚀[ANN]⚡xChainge: Wallet and fully decentralized exchange with a friendly UI/UX⚡ - page 39. (Read 13723 times)

member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world
Join us on Facebook by this link https://www.facebook.com/xChainge.io/ Smiley
I would also like to know was your project already rated by some ICO tracker? If so, can you show the results?

We are working on it Smiley So far we already have preliminary agreements with a number of trackers and expect to publish the results in a few days.
member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world
If you do not reach the soft cap, then what will you do? Conversely, if people will send money so much that the price of the token will exceeds the maximum (initial), how will you get out of this situation?
You can read it on first page in first message. Can't quote because there is a picture. Check the section XCH Crowdsale.

Thank you for your reply!
member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world

If you do not reach the soft cap, then what will you do? Conversely, if people will send money so much that the price of the token will exceeds the maximum (initial), how will you get out of this situation?
I think that they will do the same like other project. If they dont reached soft cap than they will send all money back to investors. Its fine for every one. But i know one project which will make longer ICO if they will not reached soft cap

Yes, you are right, if we collect less than 10,000 ETH (the soft cap), all issued and unsold tokens will be destroyed and the money will be returned to investors.
member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world
No, I mean another thing. Investors compose applications for the purchase of tokens and at the end of the auction they pay or they pay in the process of the auction itself? Namely, their payments are claims for tokens.

To buy tokens, one should send the desired amount of ETH to our smart contract, but he'll get them after the final price is evaluated, which will happen at the end of the auction (December 30th or when all tokens are sold).
They pay in the process of the auction. Even though the price decreases over time, it doesn't mean that early investors will get less tokens for more money - tokens will be distributed according to the final price.

If you do not reach the soft cap, then what will you do? Conversely, if people will send money so much that the price of the token will exceeds the maximum (initial), how will you get out of this situation?

If we collect less than 10,000 ETH (the soft cap) all issued tokens will be destroyed and the money will be returned to investors.
The second option is not possible, because the number of tokens is limited and the token price is constantly decreasing, so there is an obvious maximum limit of ETH that can be collected. When 20M XCH tokens (hard cap) is sold, the auction will end.
member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world
Your community manager works really well. It's nice and convenient to read the news in your facebook. I will follow the project news there)
Join us on Facebook by this link https://www.facebook.com/xChainge.io/ Smiley
full member
Activity: 574
Merit: 111
vite

If you do not reach the soft cap, then what will you do? Conversely, if people will send money so much that the price of the token will exceeds the maximum (initial), how will you get out of this situation?
I think that they will do the same like other project. If they dont reached soft cap than they will send all money back to investors. Its fine for every one. But i know one project which will make longer ICO if they will not reached soft cap
full member
Activity: 518
Merit: 100
the moon
Do you have no single centralization element within the design of your decentralized exchange?

Bottom line is that our users run Matcher nodes which are bound together by Ariadna protocol to ensure decentralized exchange.
does it mean that everyone from community can up his own Matcher and can get part of fees? will it be with a secure certificate or not?
member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world
Hi all! Check this out, we've made a video about us https://www.youtube.com/watch?v=LWMJYG_JPwo&feature=youtu.be

Also join us in Telegram https://t.me/XChainge
Do you plan promote your project on several language? Or create telegram channel for russian and chinise community? Will you translate your technical documents and official site on russian/chinise language or you gonna make bounty campaign for translators?


Yes, we have a special Bounty category for help with translations. Stay tuned for updates, we'll post Bounty campaign details soon.
Our WP will be translated to Chinese.
full member
Activity: 522
Merit: 101
Look it up, it's really great and admittedly more fair compared to most fellow ICOs. Dutch auction makes the crowdsale available to a wider group of people and ensures that each token costs exactly what that market wants it to cost.
A transfer of funds in the auction process is carried out immediately or at the end when the total amount of bids is known?
Investors will get their tokens after the final price is evaluated, which will happen at the end of the auction (December 30th or when all tokens are sold).

No, I mean another thing. Investors compose applications for the purchase of tokens and at the end of the auction they pay or they pay in the process of the auction itself? Namely, their payments are claims for tokens.
member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world
Do not you think that a zero commission is a guarantee that the token will be used for its intended purpose? Compare with bitcoin - it is inconvenient to use for daily payments. Commissions are high and speeds are low. But it is very convenient to use for savings. Concerning the token of this project, the ease of use is obvious.
Reasonably. In this case, the token will still be very convenient for speculation.
@XChainge 
What do you think about it? Will it be possible in this case to change the exchange price of the token by shifting the sums between its purses?


Sorry for the delay.
This trick is possible on all exchanges including stock market exchanges, where it's heavily prosecuted. On our platform it wouldn't make much sense though, since the emission is limited.
hero member
Activity: 756
Merit: 629
The token emission volume is strictly limited. We'll burn only the unsold tokens, other than that not a single token will be emitted, extracted from the platform or destroyed past the end of the auction.
Our long-term goal is to create the most convenient solution in order to attract as many clients as possible which will cause the XCH tokens to significantly rise in and demand and in value. Thus, an XCH token can be treated as a long-term investment, which is more than just meaningless bling waiting to be sold - it's the fuel for the platform.
If in the process of working market conditions will change and the system will need more tokens? Will this be compensated only by changing their price?
full member
Activity: 420
Merit: 101
I like your concept in the project and very nice
Hopefully this project can achieve great success
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
I get it. Ok ) So we will have no any fee for transactions but only depreciation costs.
And one more question on the Dutch auction model - it turns out there are no bonuses for early investors?

We don't label investors as 'early' or 'late' - every one of our supporters is equal to us. Getting a set of tokens early for a higher price, will in fact bring you more tokens at the lower same-for-everyone price at the end of the crowdsale.
A good approach. There will be no investors who buy the project's tokens at an early stage at a discount, and then when they are listed on the exchange, they dump the price of the token.
member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world
nice vid
i like when the project distributes information in several ways, it helps attract more people
one request - please add subtitles in multiple languages

Thank you Smiley
We will consider your wishes.
member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world
Nice tutorial! I have a question. Are u really sure you won't be charged running this one wallet instance? Is it possible to run another coin wallet simultaneously? or you recommend only one? Is there any type of option to check the consumption of my running system in order to assure no charges? Sorry the amount of questions, But the Credit card is from my Brother and I don't want to get him charges. Greetings from Venezuela! Smiley Smiley

You don't need a credit card to use our platform. It's intended to be a free open-source solution.
Your brother will be fine Smiley
Have you already with us in telegram? https://t.me/XChainge
member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world
Do you have no single centralization element within the design of your decentralized exchange?

No, we don't. The stand out feature of xChainge is that every part of it is decentralized.

Bottom line is that our users run Matcher nodes which are bound together by Ariadna protocol to ensure decentralized exchange.

One doesn't simply disable such a network in one click Smiley

member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world
Another one decentralized exchange? What advantages you have before hundreds similar projects last time?

Desktop and mobile wallet applications with amazing user-friendly interface available on all major platforms (Windows, OS X, iOS, Android);
Built-in peer-to-peer decentralized on-chain exchange that allows to easily trade any ERC-20 tokens (in the future, a cross-chain exchange will be supported);
Private clearing nodes (Matcher nodes) and liquidity pools that allow instant off-chain trading;
Smart Contract builder - the tool that allows users easily to create customized smart contracts for scheduled or conditional transactions;


We are regularly posting project updates and all relevant news to our official Telegram channel at https://t.me/XChainge. Join it to not miss a thing!
member
Activity: 70
Merit: 10
We believe in freedom of the decentralized world
the token of your project will be traded on third-party exchanges or only on your platform?

Yes it will be traded on multiple other platforms, stay tuned!
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