XX Platform An Advanced Trading Platform for Investors and Stakers.
#XXPlatform #XXP #cryptocurrency #crypto #trading #investments
•Introduction•
Hello friends, meet me again Tuyanto. On this occasion, I will inform you about the arrival of a very extraordinary company because this company is blessed by the actions of the very reliable team.
And I want to explore a little about cryptocurrency or crypto currency because this has something to do with the company, understanding cryptocurrency or crypto currency in the digital era is not easy, especially for ordinary people.
However, the presence of this digital currency is increasingly in demand as an investment instrument. This is because the value that exists in cryptocurrency continues to fluctuate from time to time.
In simple terms, cryptocurrency can be understood as a digital currency. Different from conventional currencies, this currency can be used for virtual or internet-based transactions. To maintain its security, cryptocurrency will be protected by quite complex passwords.
Furthermore, this digital currency is decentralized. This means that no party is an intermediary in a transaction. Payments made using digital currency take place in a peer-to-peer manner, that is, from sender to recipient.
Even so, all transactions carried out are still recorded in the existing system on the cryptocurrency network. The recording is carried out by cryptocurrency miners and will get a commission in the form of digital money used.
After understanding what cryptocurrency is, you also need to know the mechanism or how transactions are carried out using this digital currency. Interestingly, cryptocurrency transactions offer considerable flexibility because they can be done anytime anywhere and from anywhere in the world.
It should be noted that currently the top ranking in cryptocurrency activity is Bitcoin with a market capitalization of USD63.6 billion, and followed by Ethereum which has a capitalization value of USD12.9 billion. And for more details, you can directly join or contact this extraordinary project website: https://xxp.group/
•What is XX Platform•
XX Platform is a system that combines a multifunctional cabinet with investment elements and a trading service with a set of analytical tools and an asset management program. This is an attempt to rethink the concept of classic hedge funds, implementing it in the form of an automated investment trading platform. XX Platform is designed for investors who want to find a compromise between reliable placement and high return on investment. Our goal is to create a platform that will be able to minimize risks while maintaining investment attractiveness. The XXP team has established itself ambitious plans to create an independent investment platform that will become a reliable guide for investors in the world of finance.
•XX Platform Probem•
At the moment,global economyis through one of the most difficult periods in the past few decades. The coronavirus pandemic and related quarantine restrictions have led to economic stagnationand job cuts all over the world. All this makes people to look for additional sources of income, against the background of the negative trend of componies from the real sector,the positive dynamics of varidus online services and platforms looks attractive for investing. This is the reason for suchan active interest in investment in online platforms.
•IDEA•
XX Platform is designed for investors who want to find a compromise between reliable placement and high return on investment. Our goal is to create a platform that will be able to minimize risks while maintaining investment attractiveness.
The XXP Team has established itself ambitious plans to create an independent investment platform that will become a reliable guide for investors in the world of finance.
•XX Platform Solution•
XX Platform is a system that combines a multifunctional cabinet with investment elements with a set of analytical tools and access to dozens of traders and tradingrobots.
Being developedin closs cooperation and consutation whit professional traders and investors,the platform provides maximum functionality while maintaining a simple and user-friendly interface.
The set of functions avvailable to users includes:
User account with investment elements
Multifunctional multicurrency crypto wallet
Investment calculator
Trading Platform
Oracles of analytic data
Analytical services
Stock indicators and charths
Announcements
Financial news feeds
Economic calendar
Currency correction calculator
Comparison of broker spreads
Forex time zone converter
Currency correlation calculator
Online charts for traders
Indicators of technical signsls
XX Platform is is not just another investment platform.This is an attempt to reimagine the concept of classic hedge funds. Implementing it in the form of an automated investment trading platform.
The goal of the XX Platform Team is: to make investment instruments available to everyone anywhere in the word.
•XXP Token•
Launching any fintech startup requires resources: time and money. We understand that the independent development of the XX Platform will take many years till its release. That is why our team decided to raise funds from private investors.
In order not to contradict with our concept of decentralization and libertarianism, we turned down proposals from large investment funds in favor of attracting funds from private investors.
The team has decided to issue their own cryptocurrency – XX Platform token (stock ticker: XXP).
XX Platform cryptocurrency technical characteritics:
Type: Token
Emission: 50, 000, 000 tokens
Blockchain: Ethereum
Token standard: ERC20
Stock Ticker: XXP
•Initial Distribution•
The total emission of XX cryptocurrency is 50,000,000 tokens, which are distributed on 6 special system wallets, each of which has its own purpose excluding their irrational or inappropriate use.
- 72% or 36,000,000 XXP tokens
are intended to pay rewards to investors in the form of interest rates from staking
- 10% 0r 5,000,000 XXP tokens
fund of the development team, is in a frozen state
- 9% or 4,500,000 XXP tokens
main operational wallet to pay the expenses for the project functioning and promotion
- 4% or 2,000,000 XXP tokens
pre-ICO and ICO stage
- 4% or 2,000,000 XXP tokens
marketing fund for promoting and scaling the project
- 1% or 500,000 XXP tokens
fund for holding promotions, bounty campaigns, contests, quizzes and other events
•The total emission of XXP cryptocurrency•
is 50,000,000 tokens distributed on
8 special system wallets.
The approximate ROI (return on investment) in the XXP token can be found in the table:
•Investment Insurance•
As a cushion for the early investors, there is a special mechanism set forth by the developers whereby the early investments will be protected and insured. 100% insurance coverage is provided at a payment of only 3% of the investment. This gives the investors a right to buy-back the XXP tokens within 6 months of investment.
•The Halving Mechanism•
As it is with almost every major cryptocurrency platform, the XX Platform also undergoes halving, but instead of cutting down the reward generation abruptly in one go, this platform has a different halving system.
Beginning from the 4th-month post the network’s launch, there will be a gradual but controlled decrease in the staking percentage reward by up to 50%. This will continue for 3 years and at the start of the 4th year, the halving will be automatically deactivated.
•HELIX•
Helix is a deflationary mechanism implemented at the software level meant to work as a deflationary algorithm. The Helix system will start working from the 1st quarter of 2022 and it will act as a compensatory mechanism to cover for the reduced reward from the XXP token staking.
The compensatory mechanism of Helix acts as an additional investment tool appearing on the interface of the user’s account. So, combined with the staking and Helix algorithm, the XXP token will continue to provide liquidity and profits to the platform investors.
•Delegate System•
There are two stakeholders of the XX Delegate system, Delegates and Stakeholders. The delegate system is a voting mechanism whereby the small and medium token holders can transfer their vote to the elected delegates. This vote transfer system is operationalized by placing the user’s tokens in the delegate’s staking pool.
To buy a delegate account the user has to freeze or hold 10,000 units of their XXP tokens by following a special registration process. Further depending on the type of account a user holds, there are differences in the commission size, deposit defrost, and participation in voting.
•Delegates•
The XX Platform implements a system of delegated distribution of bets – XX Delegate.
The system offers 2 Delegate contract options:
Type 1
- Commission size: from 1% to 10%
- Contract duration: 6 months
- Automatic renewal: active
- Deposit defrost: 25% every 6 months
- Participation in conferences, meetups: yes
- Participation in voting: no
Type 2
- Commission size: from 1% to 10%
- Contract duration: 12 months
- Automatic renewal: active
- Deposit defrost: 33% every 12 months
- Participation in conferences, meetups: yes
- Participation in voting: yes
•Staking Pull•
After the Delegate’s account registration, the system automaticallycreates a staking pull of the same name, which is managed and controlled by the corresponding delegate.
The staking pull is rewarded from the platform in proportion to its balance.
•Blockchain•
The choice of the Ethereum blockchain in launching the XX token is conditioned by the number of factors:
Extensive functionality oh the Ethereum foundation ecosystem
Presence of multifunctional smart contracts
Ability to create Decentralized applications ( DApps)
Developed user infrastructurs
Launch of Ethereum 2.0
Transition to the proof-of-stake algorithm
Increase in throughput capacity
Improved scalability
•Scalability•
The XXP tokenis an ERC20 token and user the Ethereum blockchain for its operation.
Accordingly,speaking about the technical characteristics of the XXP token, we mean the specification of the Ethereum network.
To day, network scalability indicators are:
3000 TPS
9000 TPS ( execution of smart contracts on DEX)
18000 TPS ( simple intra-net transactions)
•The founder’s statement•
•Yuriy Draganov•
Founder of XX Platform
Professional trader, financial analyst.
8 years on the market.
•ХХР Team•
The project is being created involving an international team:
•Yuriy Draganov•
Founder XX Platform
•Conclusion•
The XX Platform is developed to replace the already established cryptocurrencies by addressing their bottlenecks and proffering a better solution to the users. It is smart, secure, advanced, and created aims to enhance the users investment potential substantially.
For more information, contact the XX Platform Project below:
#XXPlatform #XXP #cryptocurrency #crypto #trading #investments
•AUTHOR•
Bitcointalk Unsername: DinahDiyanah
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2735564;sa=summary
ETH Address: 0x6308FD081045711F193C53C35544F991eFB71CB1
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