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Topic: ⚡🚀⚡PRE-ANN: XBrick - World-class crypto currency exchange ⚡🚀⚡ - page 34. (Read 3204 times)

member
Activity: 518
Merit: 11
According to their white paper they will promote blockchain technology whereas they can also educate the public about the benefits of a blockchain, most of that what I really like is creating university scholarships which is through blockchain technology many students who deserve to get a degree will have a chance to have a diploma.

What's really great about it is that they are already started operations before their tokensale, which means their venture capital raising was succesful and since the platform is already working, they already generate revenue, though minimal from their operations. They intend to use their tokensale just for additional capital and for these kinds of activities, I think they are noble for providing university scholarships through the blockchain/crypto currency industry. Their tokens are to be used in obtaining discounts and rewards on their platform, too.
Well, its good to know that, although not all people are aware about the blockchain technology/crypto currency but if they use it to have a scholarship it will become easily adapted by the students which they can support and promote XBrick as crypto currency exchange.
newbie
Activity: 11
Merit: 0
Based upon the whitepaper, I can say that this project can run 10 days ICO because I saw in the roadmap that Xbrick Exchange Project was already started 2 years from now. Since 2016, the team had planned to make an exchange that is secure and efficient in the world of cryptocurrency. As of now, they will launch the public sale for the project. In short, this project is nearly to success. Assume that 10 day run is enough for a project like this.
newbie
Activity: 10
Merit: 0
"World-class Crypto Currency Exchange- Xbrick Exchange"
An exchange platform came from Sydney, Australia where the core members are previously senior position at various ASX listed entities.

The platform of Xbrick Exchange is quiet simple. But because of its simplicity, it can solve the real problems that the traders facing off in exchange such as security and liquidity.

I do not find the whitepaper of this project and I want to know who are those Senior Members of the team. If they are really legitimate then there is a tendency that this project will success. Developers have a key role for the future of the project and investor like me, will attract in a project who has a great team and had an experienced advisor as well as the core members.
newbie
Activity: 99
Merit: 0
So, Xbrick Exchange Platform is in partnership with the liquidalpha, the one who developed the liquidity engine independently. Where the system is configured to trade against client orders with no liquidity and has sophisticated algorith to perform orders under certain condition every few seconds. Thanks for the official video of xbrick, I easily summarized the key feature of this project. It seems like xbrick will lessen my problem dealing with long transaction time.
newbie
Activity: 19
Merit: 0
Xbrick Exchange will not just make transaction as anonymous but it will assure that everyone that will use this exchange platform is secure and safe. In addition with that, I found out in the whitepaper that xbrick can perform 2 million per second in order matching system. For sure, many traders will glad if they will here the goodnews in this next exchange platform.
newbie
Activity: 137
Merit: 0
"World-class Crypto Currency Exchange- Xbrick Exchange"
An exchange platform came from Sydney, Australia where the core members are previously senior position at various ASX listed entities.

The platform of Xbrick Exchange is quiet simple. But because of its simplicity, it can solve the real problems that the traders facing off in exchange such as security and liquidity.
There is a potential that Xbrick exchange platform will success because it has core members that have experienced already in cryptocurrency. It is an asset of this project because they know what are the root cause why they need to make an exchange platform throughout the world.
member
Activity: 546
Merit: 24
"World-class Crypto Currency Exchange- Xbrick Exchange"
An exchange platform came from Sydney, Australia where the core members are previously senior position at various ASX listed entities.

The platform of Xbrick Exchange is quiet simple. But because of its simplicity, it can solve the real problems that the traders facing off in exchange such as security and liquidity.
jr. member
Activity: 210
Merit: 4
XBlock expects increased global regulation of crypto currencies and the exchanges on which they trade. XBrick has sought to partially future-proof its operations in this regard by implementing customer identification procedures that are greater than currently required.
Reference
https://bitcointalksearch.org/topic/m.32260864

This means that user of XBrick will need to be fully identified. Will this not be a downside at the moment since many bitcoin traders would like to maintain anonymity. Crypto currencies like Bitcoin are decentralized currencies, although the technology and the crypto currencies itself has been accepted by people and companies, there are still those who are reluctant in joining since the nature of crypto currencies in general is very volatile. Existing bitcoin traders also like to maintain their identities in secret to avoid prejudice from other people and the law. Some countries do still not accept bitcoin or has strict regulation regarding trading of bitcoin and similar crypto currency. It is to be expected that governments will try to regulate crypto currencies but if we will stand with this belief the idea of being a decentralized currency is defeated. As such, I think its best for XBrick to have its user the discretion to put his true identity on XBrick platform.

This is a very nice analysis on XBrick and crypto currencies being regulated in the future. I do agree with you that the user should have an option if they want to use their true identity in the XBrick platform since blockchain it self runs with cryptology. Also if you read the full article, the company is based in Australia and may not necessarily be applicable to all. XBrick will run on a global scale and should consider policies of other countries as well. Currently to use Bitcoin in real life we still need to exchange it with fiat currency and government try to regulate the exchange of crypto to fiat. It is good to think in advance but its practical to be able to adopt to changes as time goes by.

Well XBC has KYC (Know Your Costumer) feature. This will require you to submit valid identification to XBC. This is actually for the users security as well as other people might be able to hack your account or somehow has accessed your account. KYC can authenticate that you are the true owner of the said account.
jr. member
Activity: 67
Merit: 1
XBrick ICO was rated by ICOmarks - https://icomarks.com/ico/xbrick

Based on this ICO has ended May 5? Is this correct? I checked XBC website and ICO will end on May 31, 2018. Whoever manages icomarks.com should correct the info on their website. This might mislead potential investors of the project thinking that it has already ended while in fact it is still ongoing. The rating is good at 7.5 average getting a perfect 10 on Team proof. This is a good indication for investors.

What will end on May 31, 2018 is the Pre-sale only. Public sale will be officially launch on June 11, 2018. Its best to buy during Pre-sale since the exchange during pre-sale is higher compared to the public sale.
jr. member
Activity: 161
Merit: 2
XBrick ICO was rated by ICOmarks - https://icomarks.com/ico/xbrick

Based on this ICO has ended May 5? Is this correct? I checked XBC website and ICO will end on May 31, 2018. Whoever manages icomarks.com should correct the info on their website. This might mislead potential investors of the project thinking that it has already ended while in fact it is still ongoing. The rating is good at 7.5 average getting a perfect 10 on Team proof. This is a good indication for investors.
jr. member
Activity: 238
Merit: 6
Some people live their dreams...destiny passes by.
Xbrick is an exchange platform, how are you differ from the old and famous exchanges such as binance, kucoin and Bittrex? Do you have any deeper information regarding with your project? I will wait till your whitepaper and video will release. Thanks.
This is just PRE-ANN and no one can answer you yet rather than the moderator of XBRICK exchange. There is no update regarding with this new ICO but I already seen it in a medium and view their telegram group. As what I discovered, Xbrick will just run only for 10 consecutive days. I am bit interested because of that information, but I don't think that it will be followed by the team.
10 days of ICO? This thread was made long time ago but still, there is no update in this announcement thread. I think that Xbrick will extend their ICO because 10 days are not enough for a project to become successful. Xbrick is an exchange platform and I think it needs a big amount just to launch their exchange. The amount they needed can't be filled in just a couple of days. Maybe, this is just starting and they will announce for extension anytime.
It's just pre-sale and they divided it into two I think, it will last until 06/01 according to their site. Their project is not dependent on the tokensale. They have already launched the exchange platform last year.

If the exchange platform is already running then this is a good investment right? Some projects need to have their ICO successful before they can start the development stage of their project. Maybe this is just an additional promotion for people to use XBrick platform as well.
newbie
Activity: 22
Merit: 0
You guys have an interesting project which has a huge potential. All the details are clearly explained. Nomopoly Team wishes you all the best to succeed - you deserve it Smiley
jr. member
Activity: 161
Merit: 2
XBlock expects increased global regulation of crypto currencies and the exchanges on which they trade. XBrick has sought to partially future-proof its operations in this regard by implementing customer identification procedures that are greater than currently required.
Reference
https://bitcointalksearch.org/topic/m.32260864

This means that user of XBrick will need to be fully identified. Will this not be a downside at the moment since many bitcoin traders would like to maintain anonymity. Crypto currencies like Bitcoin are decentralized currencies, although the technology and the crypto currencies itself has been accepted by people and companies, there are still those who are reluctant in joining since the nature of crypto currencies in general is very volatile. Existing bitcoin traders also like to maintain their identities in secret to avoid prejudice from other people and the law. Some countries do still not accept bitcoin or has strict regulation regarding trading of bitcoin and similar crypto currency. It is to be expected that governments will try to regulate crypto currencies but if we will stand with this belief the idea of being a decentralized currency is defeated. As such, I think its best for XBrick to have its user the discretion to put his true identity on XBrick platform.

This is a very nice analysis on XBrick and crypto currencies being regulated in the future. I do agree with you that the user should have an option if they want to use their true identity in the XBrick platform since blockchain it self runs with cryptology. Also if you read the full article, the company is based in Australia and may not necessarily be applicable to all. XBrick will run on a global scale and should consider policies of other countries as well. Currently to use Bitcoin in real life we still need to exchange it with fiat currency and government try to regulate the exchange of crypto to fiat. It is good to think in advance but its practical to be able to adopt to changes as time goes by.
jr. member
Activity: 67
Merit: 1
XBlock expects increased global regulation of crypto currencies and the exchanges on which they trade. XBrick has sought to partially future-proof its operations in this regard by implementing customer identification procedures that are greater than currently required.
Reference
https://bitcointalksearch.org/topic/m.32260864

This means that user of XBrick will need to be fully identified. Will this not be a downside at the moment since many bitcoin traders would like to maintain anonymity. Crypto currencies like Bitcoin are decentralized currencies, although the technology and the crypto currencies itself has been accepted by people and companies, there are still those who are reluctant in joining since the nature of crypto currencies in general is very volatile. Existing bitcoin traders also like to maintain their identities in secret to avoid prejudice from other people and the law. Some countries do still not accept bitcoin or has strict regulation regarding trading of bitcoin and similar crypto currency. It is to be expected that governments will try to regulate crypto currencies but if we will stand with this belief the idea of being a decentralized currency is defeated. As such, I think its best for XBrick to have its user the discretion to put his true identity on XBrick platform.
newbie
Activity: 224
Merit: 0
Lack of supervision is one of the issues or problem of the bitcoin industry because of this issue there are several of investors who was being a victim of theft  and being scammed
but through the help the of the xbrick project platform the bitcoins and also the investments  will matter the most,  because it is the investmebt of the people.
Lack of supervision results in possibility of internal theft. XBrick is not immune to internal fraud and currently have no declarations with regards to internal supervision that they will be implementing. In case internal theft happens, it might be detected quickly but there is a possibility that they may not be recovered.
This is one of the features that I want in Xbrick exchange. It will secure the traders from internal theft, it will help us to become comfortable that our funds (specially, our bitcoins) will not lose just because there are hackers who will steal our investments.

XBrick do run on blockchain so transactions and exchanges should be traceable. However internal fraud is something else. Companies do face such risk. It is a matter of internal control and security from XBrick's part. A company who can cater 2 Million orders per second is be expected to have a good security feature and internal control.
full member
Activity: 310
Merit: 114
Wow! The xbricks' project can accomodate more than two millon orders per second?! Sounds great!

Yes, they should have a very powerful server and a very good program. I'm still reading the whitepaper but I'm hoping that this project will help in fast exchanges of crypto currency.

Not only their server must be fast but also their crew or customer service crew must be fast to reply all of their users inquiries cause this is will help their project to be more user friendly to those newbie who will use their platform.
newbie
Activity: 30
Merit: 0
I hope the project will have more support and the devs will have more motivate to work hard
sr. member
Activity: 462
Merit: 250
This is a great new journey, and new exchanges are emerging, which will change the status of the existing exchanges. I am looking forward to the new model to adapt to this fast-growing industry.
member
Activity: 560
Merit: 13
Lack of supervision is one of the issues or problem of the bitcoin industry because of this issue there are several of investors who was being a victim of theft  and being scammed
but through the help the of the xbrick project platform the bitcoins and also the investments  will matter the most,  because it is the investmebt of the people.
Lack of supervision results in possibility of internal theft. XBrick is not immune to internal fraud and currently have no declarations with regards to internal supervision that they will be implementing. In case internal theft happens, it might be detected quickly but there is a possibility that they may not be recovered.
This is one of the features that I want in Xbrick exchange. It will secure the traders from internal theft, it will help us to become comfortable that our funds (specially, our bitcoins) will not lose just because there are hackers who will steal our investments.
newbie
Activity: 126
Merit: 0
I've been pleased with my project, I've made investments and are looking forward to its further development
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