xChainge Crowdsale is live
Participate in Dutch auction, it is most fair approach: the final price
of a token at the end of the campaign is the same for everyone.
DEC 5, 2017 10:00 (GMT)
DEC 30, 2017 20:00 (GMT)
Join a growing network of investors who share our values and want to make xChainge happen!Do you want to invest, but you are facing some issues? Please drop us a line, with what went wrong to [email protected]
Auction start price:
December 5st, 2017, 10:00
Tokens for sale:
December 30th, 2017, 23:59
Terms of XCH emission
- 20,000,000 XCH tokens will be offered on a Dutch auction with a fixed start price of 0.05 ETH.
- The start price will constantly decrease over time until it reaches 0.005 ETH (±1$).
- The crowdsale will be shut down on December 30th, 23:59 (GMT) and the remaining open bids will be closed at a price of 0,005 ETH (±1$) per token.
- The crowdsale may end before December 30th if the value of all bids in ETH becomes equal to the maximum number of available tokens times the current auction price, i.e the hard cap is reached.
- All unsold tokens will be destroyed.
- Bounty & Team tokens will be destroyed in the same proportion as unsold crowdsale tokens.
- If the Soft cap (10,000 ETH) is not reached, all issued coins will be destroyed and the investments will be returned.
- Issued tokens will become available for trading within 10 days after the end of the auction.
- We expect XCH tokens to be accepted for trading on a number of centralized exchanges such as Poloniex, Bittrex, Kraken, Bitfinex and on EtherDelta.
Features of XCH tokens
xChainge Token (XCH) is an ERC-20 based coin, which serves the following functions on xChainge platform:
- Matcher node security deposit;
- Matcher node fee;
- Mediator security deposit;
- Mediator cross-chain and on-chain exchange fee.
XCH token value growth drivers :
- Increase in demand for XCH coins due to the growing turnover on the xChainge platform.
- Increase in the share of tokens used for security deposits. An increase in the turnover at the P2P marketplace and exchange network means the number of Matchers and Mediators who require a security deposit also increases.
The Crowdsale project is currently under negotiation with the Financial Market Authority (FMA) of Liechtenstein.
A non-profit XCHAINGE Foundation responsible for implementation of the platform and all its subsidiaries will be established in the Principality of Liechtenstein. The XCHAINGE Foundation will make key decisions regarding the platform implementation and operation and supervise the XCH token crowdsale. The XCHAINGE Foundation will operate in full compliance with the laws of the Principality of Liechtenstein, and will issue regular financial reports in accordance with the requirements of the Financial Market Authority of Liechtenstein. An independent audit company will be involved in preparing the reports.
The highest governing body of the XCHAINGE Foundation is the Foundation Council, which will include the founders of xChainge, advisors, independent directors, and representatives of regulatory bodies of the Principality of Liechtenstein. All members of the XCHAINGE Foundation will be determined and listed on the xChainge website before the start of the crowdsale.
The xChainge team pays particular attention to legal issues. Currently the majority of tokens fall under the definition of security tokens. Such tokens are subject to heavy regulation by the government and the authorities, which could result in their delisting from centralized crypto exchanges, inability to enlist new tokens and possible penalties to token holders and the issuing organizations. xChainge token (XCH) is by nature a utility token as ensured by the Financial Market Authority of Liechtenstein thus it doesn’t entitle its holder to a share in the assets of the Foundation or any of its subsidiaries. XCH doesn’t generate passive income and may not be sold back to the xChainge Foundation. Its main purpose is to be used on the xChainge platform.
xChainge is a New Decentralized Financial Platform for Storing and Trading Cryptoassets
We are heavily focused on designing the simplest and the most user-friendly interface for our solution. We believe that our functional features and a modern sleek design will bring the cryptoworld closer to everyone and convince lots of people to start using cryptoassets in their everyday life and participate in trading.project whitepaper
Helps you create custom transactions backed by smart contracts that support most of the real-world financial operations.
Decentralized Exchange Network called Ariadna Network and the underlying Proof-of-Snitch protocol ensures transaction security and deal validity.
Lets you sell physical goods and provide offline services in exchange for ETH or any ETC-20 token.
Smart Contract Builder
Supports most of the real-world financial operations. Allows to create crypto derivatives from standard templates