XCRYPT - The Hybrid Exchange For The Next Generation Ecosystem Based on Blockchain Technology


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PREAMBLE

A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.

While this revolution is gaining wide acceptance, XCRYPT, the first crypto ecosystem with an high added value with the heart in its exchange has arrived: Hybrid, ready for STO and for a marketplace made for the ERC721.

"Neither centralized nor decentralized exchanges provide complete functionality allowing institutional and retail investors to trade efficiently in the market. Centralized exchanges (CEXs) have become the standard as they provide quick processing of orders (low latency), liquidity, high-frequency, alongside marginal trading tools.

However, while making trusted third-party optional is one of the fundamental benefits of cryptocurrency, centralized exchanges act as third-party intermediaries. This requires users to trust their cryptocurrency funds to be kept safe by centralized exchanges, where there is potential for manipulation, government intervention, and loss of funds through hackers.

Decentralized exchanges help to reduce the risk of front-running as there is no centralized order book controlled by a single entity. At the same time, decentralized exchanges (DEXs) allow users to maintain control and custody of their funds. However, because of a greater push for privacy and anonymity on DEXs, it is difficult to regulate and collect necessary information from users of DEXs.

DEXs do not hold cryptocurrencies or have a central ledger. This bars DEXs from offering efficient latency that would motivate larger investors to participate in these markets to provide more liquidity. Generally, DEXs have lower liquidity than CEXs because of lower users’ adoption and thus, lower trades occurring throughout the platform."

With that being said, XCRYPT created this end to end system which includes a Debit Card and a Social Media Trading system which is an advanced investment solution, which enables trading on one account managed by a skillful and experienced trader using his own funds and joint funds invested by other traders in his SMT account.

But before we go any further, please check out this video presentation to get even more acquainted

Now that I have your attention, let’s get right to it.

What exactly is XCRYPT?

As depicted above and as indicated on the official website of XCRYPT, XCRYPT is the first crypto ecosystem with an high added value with the heart in its exchange: Hybrid, ready for STO and for a marketplace made for the ERC721.

In addition, the XCRYPT ecosystem is made to be at the same level as the world’s big players, and even surpass them, for we are already suitable in this field’s future. The differences between xCrypt and its competitors are several and are going to be explained below, in a user friendly graphic. The XCRYPT team are convinced that the end to end ecosystem could attire small, medium and large investors.

The Goal

The goal is to ensure users can benefit from the developments in the cryptocurrency market, while mitigating risks arising from cryptocurrency ownership, transfer, and exchange.

XCRYPT also aims to carry out continuous innovative in associations with the ICO, reward its community with a zero fee exchange, linking it to the other members via the social media platform and monthly remunerating its holders via airdrop through a ranking system as shown below:

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XCrypt is a trading platform built to exchange and trade the coins in a peer-to-peer atmosphere. The Exchange Platform will support all top 100 cryptocurrencies and various fiat Currencies.

According to the official website of xCrypt , below are the illustrated impending challenges and solutions offered by xCrypt:

The current exchanges are focused on the ERC20 and the Cryptocurrencies, without any gaze towards this system’s evolution. xCrypt decided to prepare itself to the immanent future, that is to say it has a market for the ERC721 (besides having one for the cryptocurrencies and the ERC20) and it’s ready to list STO, since it is compliant with the security tokens

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Hybrid Exchange

As expressed above, XCRYPT is the first crypto ecosystem with an high added value with the heart in its exchange: Hybrid, ready for STO and for a marketplace made for the ERC721. We created this end to end system which includes a Debit Card and a Social Media Trading system which is an advanced investment solution, which enables trading on one account managed by a skillful and experienced trader using his own funds and joint funds invested by other traders in his SMT account. This ecosystem is made to be at the same level as the world’s big players, and even surpass them, for we are already suitable in this field’s future.

Debit Cards

Still a innovation in the crypto space. Always dreamed about storing your top cryptocurrencies on a single usable physical & virtual card? xCrypt Card users will be able to shop worldwide or withdraw cash at ATM's.

Social Media

Xcrypt SAF (Social Analytical Funding System) system by xCrypt is an advanced investment solution, which enables trading on one account managed by a skillful and experienced trader using his own funds and joint funds invested by other traders in his SAF account. Social Media Trading works as follows: a manager creates an account, selects trading conditions, makes an offer to investors (indicates minimum deposit amount, amount of the compensation, rollover period etc.) and deposits it. Investors look through the rating of traders and choose one or several accounts to invest their funds in. Then as a result of trading manipulations by a manager, profit/loss is distributed among account manager and investors according to ratio based on their shares in this

About The xCrypt Ecosystem

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What makes The xCrypt trading platform stand out?

Fully compliant trading operations

Trading + Social Trading Platform

Withdraw FIAT from cryptocurrencies | Store FIAT and cryptocurrencies - Custom built Bot Trading | Airdrop Ranking System

Erc 20 | Erc 721 | Memberships

ZERO fees | Securities token

Dependable digital wallets | 100% encrypted platform

Multi Language Platform | Fast deposits and withdrawals

Exchange FIAT and Cryptocurrencies

Make payments with FIAT and cryptocurrencies

Providing tutorials and webinars from expert traders

User friendly website interface and mobile app

Below is the diagram illustration of the Advantages of xCrypt:

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According to the developers of XCRYPT, the strength of the new product lies in its competitive advantages, since if the finished product did not have them, then it would have no value for its customers. Therefore, the founders of XCRYPT brought all the most important tools and functions to this pyramid, which schematically shows the balance of all its elements, each of which forms its own level of quality and proper development.

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The founders of XCRYPT decided to create an additional training program within the framework of their project, which will teach the user all the skills and knowledge necessary for full ownership of all available tools in XCRYPT.

About The XCRYPT Token

The xcrypt token is denoted by XCT and is a standard ERC20 token developed on the basis of the Ethereum blockchain. The total number of coins will be limited, so the developers will create only 200 million coins.

Token Details

Ticker: XCT

Platform: Ethereum

Token Type: Utility

Financial

ICO Price: 1 XCT = 0.1 USD

Pre-sale Time: 01 Jan 2019 - 28 Feb 2019

ICO Time: 01 Mar 2019 - 31 May 2019

Whitelist/KYC: Whitelist + KYC

Country: Malta

The distribution of tokens and funds is as follows:

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RoadMap

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Q4 2017: xCrypt preparation and planing.

Q1 2018: Team put together.

Q2 2018: Preparing for ICO.

Q2 2018: Attracting media and advisors.

Q3 2018: Setup local office and private serves.

Q3 2018: Hire 3 separate teams of coders.

Q3 2018: Social Media Platform + Apps.

Q4 2018: (DEX) Decentralizied Exchange Platform.

Q4 2018: Testing beta DEX platform.

Q1 2019: (CEX) Centralized Exchange PLatform.

Q2 2019: Debit Card Integration

Q3 2019: Margin Trafing / Lending.

MEET THE AMAZING TEAM

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Loren Minel Andronie: Founder of xCrypt & CEO

Ionut Gabriel Parfene: Co-Founder & CTO

Mauro Andriotto: CO-Founder & CFO

Alecos Colombo: Project Manager

Cristian Barbu: COO & Senior Developer

Andrei Stefan: Research and Development Officer

Cristian Adrian Ciuca: Blockchain Developer

Smeu Claudiu: Online Marketing & IT Infrastructure

Velicu George: Co-Founder & CIO

The Advisory Board

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Michael McKee: Board Advisor

Simon Cocking: Board Advisor

Michael Christensen: Board Advisor

Richard Trummer: Board Advisor

Savio Gomez: Board Advisor

Alex Patrut: Board Advisor

Jay Bharadhwaj: Board Advisor

Ciprian Filip: Board Advisor

Zahid Imran: Board Advisor

Taupik Helmi: Board Advisor

Laurent Garcia: Board Advisor

Ian Scarffe: Board Advisor

Mohamed Mousa: Board Advisor

Be a part of this incredible project. Download the whitepaper for the full scoop.

Till next time…

For more information, please visit:

WEBSITE: https://www.xcrypt.club

WHITEPAPER: https://www.xcrypt.club/xCrypt-Whitepaper.pdf

ANN THREAD: https://bitcointalk.org/index.php?topic=4993175.0

FACEBOOK: https://www.facebook.com/xcryptclub/

TWITTER: https://twitter.com/xcryptclub

TELEGRAM: https://t.me/xcryptclub

MEDIUM: https://medium.com/@xcryptclub

REDDIT: https://www.reddit.com/r/xCrypt/

INSTAGRAM: https://www.instagram.com/xcryptclub/

YOUTUBE: https://www.youtube.com/channel/UCSTVlIYw7fj9PrVu9FYKKVQ

GITHUB: https://github.com/xcryptclub

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Author: Cryptoholical

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106

Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.


Comments 1


plagiarism article

21.06.2019 06:11
0