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XX Platform - Investment Trading Platform


Tokenomics
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 formation system of the XXP token pricing policy is based on its use within the XX Platform as a native token. It is the XXP token that allows to create proper microeconomics inside the platform and ensure the ease and convenience of interaction for all system users.

The main objective of the XXP token is the functioning of a virtual accounting unit (equivalent to records in accounting books) to ensure the accounting of funds placed by investors in trust with traders. Moreover, the XXP token provides its holders with the opportunity to receive a reward for helping to finance the platform development in the form of a staking interest rate.

The approximate ROI (return on investment) in the XXP token can be found in the table:
In the future, the XXP token will also be used for investments in partnership funds and various investment products of the XX Platform ecosystem.

Holders of the XXP token will receive priority for investment, as well as special conditions and discounts, which will make investments with the XXP token more profitable, thereby providing it with natural liquidity.

XX Delegate
To structure and regulate the attracted investment funds, as well as for the sake of fair and transparent distribution of remuneration from the platform, the XX Delegate system of delegated stake distribution has been implemented in XX Platform. The XX Delegate system consists of Delegates and Stakeholders. This is an effective and democratic mechanism representing a voting system in which small and medium token holders (stakeholders) transfer their “vote” to the elected Delegates. The process of placing user tokens in the Delegate's staking pool is conventionally called a vote transfer.

A delegate is a user who has fulfilled the necessary conditions and registered a Delegate's account in the system. Any user who feels a leadership potential and has the time, desire and experience to develop the XX Platform community can become a delegate. In order to create a Delegate account, it is necessary to buy and "freeze" XXP tokens in the amount of 10,000 units and go through a special registration procedure. Freezing of XXP tokens is carried out through the special form in the user personal account.

Halving & Helix
In terms of the economic model efficiency, the XXP token implements the HALVING mechanism, which the developers have put into the XX Platform cryptocurrency at the software level. The essence of halving lies in the following: starting from the 4th month after the launch of the network, a gradual decrease in the percentage of reward (staking) is activated, which will constitute -50% of the initial indicators by the end of the year. Further, over the next 2 years, the percentage of remuneration (staking) will continue to decrease gradually and steadily and, as a result, will decrease by -50% every year. Starting from the 4th year, halving will be automatically deactivated, until the moment when the emission of cryptocurrency will be completed with the production of 50 million tokens.

In contrast to the above HALVING mechanism, the developers, at the software level, have implemented a deflationary algorithm in the system, called HELIX. HELIX will be automatically activated by the system in Q1 of 2022, and its activity will be aimed at compensating for the decrease in profitability of XXP token staking. This mechanism is an additional investment tool that will appear in the interface of the user personal account. HELIX got its name because of the coefficient increasing in an upward spiral. Thus, after the HELIX algorithm activation, XXP token staking will continue to be liquid and profitable for XX Platform investors.

Cryptocurrency or piramid?

Cryptocurrency
Has a real digital Asset (coins or token with blockchain)
Get an Asset
Final Emission
Asset decentralization
Lack of referral schemes
Open communication, transparency
Technology inside

Pyramid
Has no real asset. Either an internal unit of account or a promise.
Get a promise
Constant fees and sales
Everything is controlled by the organizer
Multilevel referral programs
Lack of common chats, nontransparency
Marketing and promises

Advantages of the XXP cryptocurrency
Safety
Purchase insurance system with a 100% refund

Decentralization
ХХР official token in the Ethereum network.
All transactions are recorded
on the Blockchain

Relevance
ХХР was created in the crypto investment
market to solve the problems
of traditional investments.

High profitability
DPoS provides up
to 150% profit per year.

Halving & Helix
A smart economic model
that balances supply and demand.

Control
You possess a real token which
you can transfer whenever
and to anyone you want.


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

In order to create a Delegate account,
it is necessary to “freeze” 10,000 XXP tokens
and register in the user’s personal account.

The Delegate, being the creator of his staking pool, has the right to independently set the size of commissions on payments, the percentage of which can vary from 1% to 10% (depending on the type of the selected contract).

Tokenomics
36,000,000 XXP tokens are intended to pay rewards to investors in the form of interest rates from staking
5,000,000 XXP tokens – fund of the development team, is in a frozen state
4,500,000 XXP tokens – main operational wallet to pay the expenses for the project functioning and promotion
2,000,000 XXP tokens – pre-ICO and ICO stage
2,000,000 XXP tokens – marketing fund for promoting and scaling the project
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.

Roadmap


Team

Yuriy Draganov - Founder XX Platform
Devgent company - Development
Gunbounty company - Marketing support
Qwertydesign company - Design and decoration
Mediaband company - Video content

Author:
Bitcointalk Username: Tono Ngucotsek
Telegram Username: @Apem11
TRC Address: TAApBFX8jUgKmhfYdEzKQo3ZT2qdAgZ7aZ



XX Platform - Investment Trading Platform XX Platform - Investment Trading Platform Reviewed by Tono on April 26, 2021 Rating: 5

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