🚀[ANN]⚡xChainge: Wallet and fully decentralized exchange with a friendly UI/UX⚡ - page 42.

XChainge

member

Activity: 70

Merit: 10

We believe in freedom of the decentralized world

Quote from: turneps on November 17, 2017, 07:38:11 PM

Quote from: mrspumpkin on November 17, 2017, 07:30:31 PM

Your team attracts scientific specialists from higher educational institutions, like Cryptography and cryptanalysis scientific group of the Mechanics and Mathematics department of the Novosibirsk State University and Sobolev
Institute of Mathematics.
This makes the project better

Yes, and I see xChaing project has the good partners
Actusag - an international consulting company which specializes in tax consulting and financial planning
The law campany Audina

Thank you

These factors will pay off.
We'd love to see you in our official Telegram channel https://t.me/XChainge.

XChainge

member

Activity: 70

Merit: 10

We believe in freedom of the decentralized world

Quote from: dolomition on November 17, 2017, 05:21:21 PM

And The XCHAINGE Foundation who makes key decisions regarding the platform implementation and supervise the XCH token crowdsale and all its subsidiaries were established in the Principality of Liechtenstein.
There is a faur Dutch system, covernance in Liechtenstein... Good!

Being transparent and open to the community is one of the top priorities of the xChainge team. We are dedicated to delivering a stable product that will last for ages.

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!

XChainge

member

Activity: 70

Merit: 10

We believe in freedom of the decentralized world

Quote from: brokkoly on November 17, 2017, 05:10:38 PM

Quote from: XChainge on November 17, 2017, 06:14:48 AM

Quote from: Sartrute on November 17, 2017, 04:02:18 AM

Quote from: i-synthestech on November 17, 2017, 03:44:06 AM

hi,
interesting project
but there are still some unclear points...
How do you explain the use of the Dutch model to sell tokens? Huh

Everything is not obvious? The goal is to sell all the tokens at a fair price. It is determined by the participants of the auction. There is soft cap - it is achieved when selling at the lowest price. There is a hard cap - when selling at the maximum. It's simple.

Thank you for your answer!
In standard auction schemes the participants are always under pressure, because of the constantly growing price. However, Dutch auction offers an opposite, more fair approach - the final price of a token at the end of the campaign is the same for everyone. Either the minimum of 0.005 ETH or whatever the price is on December 30th. 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. Eventually it's up to the investor to decide how much he values the token, so feel free to invest at any time and wait to see what does the market think of the project - you probably will get more tokens than you expected.
Join us in Telegram https://t.me/XChainge

Yes, it is real more fear approach. The final price of a token at the end of the campaign is the same for everyone. I haven't ever heard about this Dutch system of an auction

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.

nshrd

full member

Activity: 518

Merit: 100

the moon

at first look i thought xChainge was just a trading platform but now i read that it also have a wallet for digital assets which makes the project even more attractive. I have a question - it will be the wallet for just erc20 tokens or soome another coins will be there too?

spawn4ever

full member

Activity: 574

Merit: 111

vite

Quote from: XChainge on November 17, 2017, 11:00:12 AM

No, XCH token is intentionally a utility token, which is to avoid a whole lot of legal problems with security tokens and other disadvantages like low liquidity on other exchanges.
An XCH token doesn't entitle it's owner to a share in the company, it's just a means of internal payments on the platform. However, as the platform becomes more popular, token holders should expect the price of a token to rise significantly.

For sure, if token just utility token than he will not have any broblems with listing on big exchange like Bittrex. But for long-term investros its not good if token dont pay dividends. It can be interested only in one case if you will burn some tokens. Will you do this?

profit59

full member

Activity: 826

Merit: 109

Quote from: boosteroid8 on November 17, 2017, 07:21:24 AM

Quote from: mrspumpkin on November 16, 2017, 06:35:10 PM

Is there any information or links to the ICO bounty company of xChainge?

At the moment we are preparing to launch a bounty compaign .

With pleasure I will take part in the Bounty campaign! I hope you will not regret the money in Bounty) and we will make a good advertisement)

DannyOcean

member

Activity: 140

Merit: 10

I like the way which you use to integratens into the system. ×CHAINge does not charge you for operations, only pay the standard Ethereum transaction fee and fees charged by Mediators and Matchers, who set the prices themselves which ensures a fair competition and eventually the lowest prices. What benefit for company and investors?

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Quote from: Boristhecat on November 17, 2017, 02:32:51 PM

Quote from: Sartrute on November 17, 2017, 11:21:27 AM

Additional issue of tokens is possible in the system? If the cost of tokens grows, people will stop putting them into circulation and will only accumulate. Will not this lead to a deficit of tokens in system?

Very interesting point of view! If you do not forget about the zero spending for transactions, the token will become super attractive for speculation and the accumulation of funds in it.

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.

boosteroid8

member

Activity: 242

Merit: 11

Quote from: turneps on November 17, 2017, 08:20:08 PM

When is the start of the XCH token crowdsale?

First crowdsales Auction start (GMT):DEC 5, 2017

Sartrute

full member

Activity: 522

Merit: 101

Quote from: Boristhecat on November 17, 2017, 02:32:51 PM

Very interesting point of view! If you do not forget about the zero spending for transactions, the token will become super attractive for speculation and the accumulation of funds in it.

We will wait for a response from the community manager of the project. Pleases that here he responds very quickly, although within his competence.

ktea666

full member

Activity: 238

Merit: 100

i really intrested with youre project dev, really nice concept, im waitting for the bounty

Boristhecat

hero member

Activity: 756

Merit: 629

Quote from: Sartrute on November 17, 2017, 11:21:27 AM

Quote from: XChainge on November 17, 2017, 11:00:12 AM

No, XCH token is intentionally a utility token, which is to avoid a whole lot of legal problems with security tokens and other disadvantages like low liquidity on other exchanges.
An XCH token doesn't entitle it's owner to a share in the company, it's just a means of internal payments on the platform. However, as the platform becomes more popular, token holders should expect the price of a token to rise significantly.

Additional issue of tokens is possible in the system? If the cost of tokens grows, people will stop putting them into circulation and will only accumulate. Will not this lead to a deficit of tokens in system?

Very interesting point of view! If you do not forget about the zero spending for transactions, the token will become super attractive for speculation and the accumulation of funds in it.

XChainge

member

Activity: 70

Merit: 10

We believe in freedom of the decentralized world

Quote from: turneps on November 17, 2017, 08:20:08 PM

When is the start of the XCH token crowdsale?

ICO starts at December 5 and lasts till December 30.
Join our Telegram-chanel https://t.me/XChainge to be updated

turneps

full member

Activity: 225

Merit: 100

umachit.fund

When is the start of the XCH token crowdsale?

Sartrute

full member

Activity: 522

Merit: 101

Quote from: XChainge on November 17, 2017, 11:00:12 AM

No, XCH token is intentionally a utility token, which is to avoid a whole lot of legal problems with security tokens and other disadvantages like low liquidity on other exchanges.
An XCH token doesn't entitle it's owner to a share in the company, it's just a means of internal payments on the platform. However, as the platform becomes more popular, token holders should expect the price of a token to rise significantly.

Additional issue of tokens is possible in the system? If the cost of tokens grows, people will stop putting them into circulation and will only accumulate. Will not this lead to a deficit of tokens in system?

mrspumpkin

member

Activity: 266

Merit: 11

Quote from: dolomition on November 17, 2017, 08:05:24 PM

You have included Mediator transactions: arbiters and notaries in working of your platrform.
Its good!
The mediator mechanism used for cross-chain and offline exchanges will attract more users to the platform and encourage greater involvement from existing users, since it will provide an opportunity to earn additional income in exchange for services that maintain the platform's operation

I think it is not so good idea. The involvement of an additional mediator mechanism can also attract additional costs when performing transactions

Boristhecat

hero member

Activity: 756

Merit: 629

Quote from: nshrd on November 17, 2017, 06:24:14 AM

are you somehow going to enter the US or China market? I understand that this is a rather complicated question now but these states are economically strong and there a large number of investors who will be interested to invest in your project. Do you have some options?

I do not know about China, but investors from the US should think for themselves how they can participate in the project. Because no one wants to work with them due to problems with their jurisdiction.

dolomition

full member

Activity: 142

Merit: 100

You have included Mediator transactions: arbiters and notaries in working of your platrform.
Its good!
The mediator mechanism used for cross-chain and offline exchanges will attract more users to the platform and encourage greater involvement from existing users, since it will provide an opportunity to earn additional income in exchange for services that maintain the platform's operation

turneps

full member

Activity: 225

Merit: 100

umachit.fund

Quote from: mrspumpkin on November 17, 2017, 07:30:31 PM

Your team attracts scientific specialists from higher educational institutions, like Cryptography and cryptanalysis scientific group of the Mechanics and Mathematics department of the Novosibirsk State University and Sobolev
Institute of Mathematics.
This makes the project better

Yes, and I see xChaing project has the good partners
Actusag - an international consulting company which specializes in tax consulting and financial planning
The law campany Audina

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Quote from: XChainge on November 17, 2017, 12:53:18 AM

Yes. Our goal is to make the xChainge Wallet а payment center that people will use to make daily transactions with XCH tokens or any cryptoassets that will be supported in the future.

The xChainge Wallet will not charge users for any transfers neither involving ETH, nor any of the ERC-20 tokens. The only expenses the user will face will be Ethereum network transaction fees. Installing the wallet to store cryptoassets is,naturally, free of charge.

And how the expenses for infrastructure will be compensated? There can not be anything free in this world ) Someone has to pay.

Topic: 🚀[ANN]⚡xChainge: Wallet and fully decentralized exchange with a friendly UI/UX⚡ - page 42. (Read 13721 times)