XCHANGERATE ROBOT: BEST OF BOTH WORLDS

in #cryptocurrency6 years ago


The world in 2017 saw the enormous growth of cryptocurrency, with lots of investors investing in it and several companies adopting its use. The world also saw the enormous growth of the crypto market from $17.14 billion in the early part of 2017 to $512 billion in early December. No doubt there have been several speculations as to the further growth of cryptocurrency in coming years with several predictions as to the extent the cryptocurrency market can get to in years to come.
However, cryptocurrency is faced with an issue which is volatility and this can provide barriers for entry as seen in bitcoin. It is well known that cryptocurrency remains vulnerable to outside influences as bitcoin prices can affect other major cryptocurrencies. Several factors are responsible for the volatility of cryptocurrency and this includes changes to regulation, the operational effectiveness or presence / absence of an exchange and technologivcal failures brough about by application design or malicious computer hacking. Despite these challenges the cryptocurrency market faces, its popularity and visibility continues to increase as more and more income earners get interest in investing. This decision however is affected by high prices and unpredictability of the market which deter potential investors from entering the constantly fluctuating cryptocurrency market. Incoming investors may not feel safe in making decisions to buy or sell as they tend to lose a lot of fiat currency if they execute a trade at an imperfect time. This goes to show the cryptocurrency market needs an algorithmic tool that will help users analyze the exchanges and also relieve investors the responsibility of decision making- a robot that will work for them.
A team of brilliant experts came together to analyze these issues facing the cryptocurrency market and came up with a unique idea, first of its kind called Xchangerate.io. The Xchangerate.io is a data-driven robot which has the ability to make decisions based on the buy and sell attitudes on cryptocurrency exchanges and user parameters. Plugins and APIs feed the robot data and unique metrics so as to provide the insightful analyzing power. XchangeRate platform via API, will continue to increase the number of supported exchanges it trades with. XchangeRate will be a web application which will be responsive on smaller devices. The Xchangerate product platform will support and advertise via crowd sale and it uses API from the most trusted sources including coinmarketcap.com, cryptocompare.com and all supporting exchanges.

PARTNERS
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HOW XCHANGERATE WORKS
Xchangerate gives traders freedom from graphs and charts reading complexity, helping the trader to present readable data, easy to interpret for immediate automated or informed decision-making. Xchangerate is a trading robot which combines these feeds to determine its intelligence to enhance movement picks and also help the robot make entry and exits with accuracy.

XCHANGERATE APPLICATION METHOD
The XchangeRate robot has been built with a console where data read is presented to the trader so as to help the trader in decision making. This enables the trader to make informed choices based on the strength of the indices provided. The XchangeRate console is named Coin Monitoring Board (CMB). The robot is designed as an automated tool to function as a smart buy and sell robot using indicators as the elements to filter coins on the exchange.

THE TOKEN DETAILS OF XCHANGERATE
The Xchangerate rate team will implement the Xchangerate token known as XRR coin as a utility token which will be used to transact on the xchangerate.io in two major models. Users will be charged a subscription charge to make a minimal payment monthly in other to gain access to the Xchangerate platform. Users will also have the ability to check the success rates of different strategies and the Token Costs (TC) the initiators have attached to them through the strategy rating marketplace provided. Token Adopters will be able to adopt these strategies at the Token Costs while there is a platform fee for the transaction. In near future, XRR coin will easily be bought and so as the XRR team will work with exchanges like Binance, Huobi, Etherdelta, Okex, and Yobit so as to get XRR listed.
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• Pre-Sale Launch: 20th March to 5th April 2018
• Crowdsale Launch: 12th April to 9th May 2018
• Total supply: 250 million
• Circulating supply: 235 million
• 200 million ICO
• 32 million ICO bonus
• 3 million ICO bounty air-drop to be issued after ICO sale is over.
• 15 million tokens frozen for project owners and advisors from start of ICO
• Duration: 9 months
Pre ICO: This will last for 10days and 40million tokens + 12 million bonuses will be made available. 1 ETH will be equals 20, 000 XRR + 30% Bonus. There will be a minimum purchase of 1 ETH or 0.10 BTC. Soft Cap including Private Sales Cap = 2000 ETH or 200 BTC.
ICO STAGE 1: this will last for 1 week and 40 million tokens + 8 million bonuses will be made available. A minimum purchase of 0.10 ETH or 0.01BTC. 1 ETH equals 10, 000 XRR + 20% bonus.
ICO STAGE 2: last for 1 week, 40 million tokens + 6 million bonuses. Minimum purchase is 0.10 ETH or 0.01 BTC. 1ETH = 10, 000 XRR+15% Bonus.
ICO STAGE 3: last 1 week, 40million tokens + 4 million bonuses. Minimum purchase is 0.10 ETH or 0.01 BTC. 1 ETH = 10, 000 XRR + 10% Bonus
ICO STAGE 4: Last 1 week, 40 million tokens + 2 million bonuses. Minimum purchase is 0.10 ETH or 0.01 BTC. 1ETH =10, 000 XRR+5% bonus.
Crows sale total estimated amount is $16, 000, 000 in a duration of 7 weeks. Soft cap is 2,000 ETH or 200 BTC and hardcap is 16, 000 ETH or 1,600 BTC.
1 ETH at base price of cut-off date for pre-ICO launch date and 1 BTC at base price of cut-off date for ICO launch date. All unsold tokens will be burnt.

TOKEN DISTRIBUTION
ICO – 80%
Bonus Tokens – 12.8%
Project Owners & Stakeholders – 6%
Airdrop & Bounty – 1.2%
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FUNDS DISTRIBUTION
Platform Developments – 47.5%
Research & Products Improvements – 14.3%
Exchange Partnerships – 9.5%
Marketing & User Acquisition – 9.5%
Project Stakeholders – 8.6%
Operational Costs – 4.8%
Security Reserve – 4.8%
Legal expenses – 1%
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ROADMAP
Q1 2017 – Project idea conceived
Q2 2017 – CMB Development (coin monitoring board)
Q3 2017 – CMB 1.0 Release, CMB 2.0 Release
Q4 2017 – Full Automation of XchangeRate Robot with PRR & FR, Full Automation of XchangeRate Robot with SI
Q1 2018 - Pre sale (with bonus), Crowd sale (with bonus), Full Automation of XchangeRate Robot with RSI MACD
Q2 2018 – XRR token emission on Ethereum Blockchain starts, XRR token to be processed as utility token for subscribers
Q3 2018 – CMB 3.0 Release
Q4 2018 – Stage Deployment of XchangeRate Platform for Market Derivatives & Instruments
Q2 2019 – XchangeRate platform Universal edition
Q4 2019 – Deploy Hybrid Exchange
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TEAM
Barbara Bickam – CEO
Binal Patel – Chief Technical Officer
Peter Moradeyo – Chief Software architect
Tasha Sokolova – Chief Content developer
Lu Anzhi – Team Leader
Eldin Heric – Mobile App Developer
Ashwin Mangale – Back-End Developer
Radu Balaban – Front-End Developer
Shaojiang Cai – Front-End Developer
Martin Vrkljan – PHP Back-End Developer
Martin Panevski – Senior PHP Developer
Damir Seremt – PHP Developer
Guillermo Torrigino – UX Designer
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ADVISORS
Phillip Nunn
Vladimir Nikitin
Nikolay Shkilev
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No doubt Xchangerate robot will surely making cryptocurrency trading a lot easier for all traders. I strongly believe in this project as it is what the world has been waiting for and with this I encourage all to be part of it today. For more information about this great and unique project and to connect with other participants across the globe, please visit any of the links mentioned below.
Website: https://tokensale.xchangerate.io/en/
Whitepaper: https://tokensale.xchangerate.io/en/whitepaper/en/
ANN thread: https://bitcointalk.org/index.php?topic=3110277
Telegram: https://t.me/xchangerateICO
Facebook: https://www.facebook.com/xchangerate.io
Twitter: https://twitter.com/XchangeRate_io
Published by: teejayrichard
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1265803
Ethereum wallet: 0x937fe2c8bd616344a9Be33fDEC04D6F15f53c20F

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