The First: Insight into Smart Money Flow, XRADERS Launches Smart Investment
In the process of investing in the crypto market, there is often a group of people who can discover and hold a certain token with a more keen eye, and quickly cash out and exit after making a profit. The market calls this type of investment behavior "smart money". Smart money refers to professional investment institutions or individual investors who have professional knowledge, in-depth understanding of the market, and information advantages.
Smart money has always been the focus of attention in the cryptocurrency market, as these entities often have access to information and resources that are not easily accessible to ordinary traders, which may give them an advantage in the cryptocurrency market with severe information asymmetry.
On July 15, 2024, the decentralized crypto prediction expert platform XRADERS will land on The First digital trading platform and open the XR/USDT trading pair in the spot area. The purpose of Xraders is to combine AI modeling with community-driven verification to provide investors with actionable insights, aiming to enhance users' trading experience.
What is XRADERS ?
With the large-scale application of cryptocurrency, it is expected to usher in a new era of one billion users by 2030. However, the rapid growth of the market is accompanied by a flood of information, which is difficult to distinguish between true and false. The proliferation of "experts" on Twitter makes it difficult for investors to obtain reliable information, and senior traders also find it difficult to profit from it.
XRADERS emerged as a decentralized expert curation platform on the BSC chain, revolutionizing the sharing mode of expert advice in the trading and investment industry. By ensuring transparency and trust through blockchain technology, XRADERS gathers the wisdom of senior traders to provide investors with accurate market insights and decision support. Its name implies the perfect combination of experts and traders, highlighting the core value of the platform.
The platform adopts a decentralized voting mechanism to ensure the transparency and fairness of expert advice, allowing truly valuable insights to stand out. At the same time, integrating social price prediction, gamification elements, and community-driven mechanisms, XRADERS has built a secure and vibrant user interaction space, helping investors move forward steadily in the cryptocurrency wave.
Second, XRADERS core advantages
XRADERS provides reliable guidance for retail traders through three main functions: Guess2Earn, Expert Verification, and Vote & Earn, covering the entire process from user referral to expert curation.
The main product of XRADERS ecosystem is Coinlive APP, which combines social attributes with market prediction. Currently, Coinlive's main core gameplay is Guess2Earn (G2E for short) and Decentralized Voting System.
Guess2Earn, as the flagship feature of the XRADERS platform, completely subverts the traditional order mode and introduces an innovative percentage prediction mechanism, allowing users to accurately anticipate specific currency price changes directly within the protocol. This mode simplifies the complexity of market analysis, and players' predicted records are real-time on the chain, not only becoming the gold standard for measuring their trading skills, but also building a dynamic community sentiment barometer. The low-threshold prediction game adds entertainment and interactivity to trading, stimulates extensive community participation, and creates a good atmosphere of both competition and cooperation.
Under the G2E model, users can easily participate in short-term price predictions of mainstream currencies such as Bitcoin with one click (accuracy up to ± 0.5%). Once the market trend fluctuates to the set threshold as expected, the winner is immediately determined, and the automated process ensures fairness and efficiency. Players with high winning rates have the opportunity to obtain the "Trading Expert" certification on the XRADERS platform, and their professional insights will be widely disseminated through the platform, and their influence will continue to rise with voting support. Experts will receive generous rewards for their accurate market analysis and contributions to the platform.
In addition to the G2E model, Coinlive also has a decentralized voting system where users can vote to give more exposure to experts with better winning rates. Similarly, users can also be elected as experts with higher prediction accuracy.
Users can choose to stake XR tokens and become voters to vote for experts within XRADERS. Experts with more voting rights can have more exposure and thus gain stronger competitiveness. Voters who recommend outstanding experts through the voting mechanism can also receive corresponding rewards to recognize their role in discovering and promoting outstanding market analysts.
With the consolidation of the Expert Recommender system, the experts' accurate predictions and lead effect are like magnets, attracting more users to follow and forming a virtuous cycle. User Experience has thus made a qualitative leap, and the professionalism of platform data has also increased, jointly promoting the prosperity and development of the community ecology.
XRADERS 'growth flywheel model breaks traditional boundaries and gives every user an equal opportunity to compete, regardless of the number of fans or background. Accuracy is the key. In addition, the platform also uses a token reward mechanism to help individuals achieve their dreams of becoming opinion leaders, further stimulating community vitality and creativity.
III. XRADERS team information and financing
The XRADERS team has rich experience in the blockchain and cryptocurrency fields. The two founders, Jeffery Jin and Rachel Jang, both graduated from the University of Washington and have participated in the construction of multiple blockchain projects. In stark contrast to many anonymous teams, XRADERS has chosen a different path. In the official document, it generously displays the style of the core team, including detailed introductions of several co-founders and key executives, and attaches their career links on LinkedIn.
The team currently consists of 13 members (6 developers, 4 product managers, and 3 business managers), with Jeffrey Jin, the CEO and co-founder of XRADERS, being particularly noteworthy. In the past six years, he has also served as the co-founder and Chief Operations Officer of MovieBloc (MBL) and the co-founder of Cobak Token (CBK). Jeffrey Jin is also the only founder who has been listed twice on Upbit, the largest exchange in South Korea. With a background in data science, Jeffrey Jin has extensive experience in collecting original data sources and transforming them into meaningful insights through research and development.
On April 2, 2024, XRADERS announced the completion of $2.10 million Pre-Seed and seed round financing, with participation from FBG Capital, GM Ventures, MARBLEX, Basics Capital, Icetea Labs, Asteroid Capital, Marshland Group, DigiStrats, Alpha Protocol VC, and GBV. Also.
IV. XRADERS Token Economics
In July 2024, XRADERS published the governance token $XR on the BSC chain, with a total publishing amount of 100 million tokens. The $XR token has three key functions: promoting community participation, facilitating governance operations, and providing support for users in the XRADERS environment. It has the following uses:
- Incentive Mechanism rewards users for their community contributions through content interaction, concise sharing, and other interactions.
- Subscription mode, users can use $XR to subscribe to advanced content from experts.
- Pledge and governance are designed to ensure that the development of the platform is consistent with the interests of users.
- Market circulation transactions, $XR tokens can be used to pay for additional services such as tools, resources, and investment experiences within the platform.
The allocation of $XR is as follows:
Ecosystem: 25% (25,000,000 XR)
Marketing: 20% (20,000,000 XR)
Liquidity: 5% (5,000,000 XR)
Team: 20% (20,000,000 XR)
Consultants: 15% (15,000,000 XR)
Pre-seeding round: 6% (6,000,000 XR)
Seed round: 6.5% (6,500,000 XR)
Private placement round: 1.5% (1,500,000 XR)
Strategy: 1% (1,000,000 XR)
How to buy XR tokens
The XR token economic model not only supports the functionality of the XRADERS platform, but also ensures that all participants are fully incentivized to contribute and benefit from the ecosystem. This holistic approach to token utility promotes a sustainable and prosperous community, driving the long-term success of the platform.
Users can currently register and log in to The First platform to purchase XR tokens. The First has also launched XR digital wealth management, allowing users to obtain stable financial returns while holding tokens for appreciation. XR tokens will be open for trading on August 15, 2024 at 16:00 (UTC + 8), and users are welcome to trade at The First.