DEC 5, 2017 10:00 (GMT)

Auction start

Crowdsale is closed

Remaining Time

DEC 30, 2017 20:00 (GMT)

Auction end

0.05 ETH/XCH

Current price

0 XCH

Token sold

0 ETH

ETH sent to auction

xChainge
token sale

Join a growing network of investors who share our values and want to make xChainge happen!

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Auction summary

Ticker:

XCH

Auction start price:

0.05 ETH/XCH

Auction starts:

December 5st, 2017, 10:00

Tokens emitted:

23,529,412

Tokens for sale:

20,000,000

Auction ends:

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.

Legal compliance

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

xChainge Wallet

Helps you create custom transactions backed by smart contracts that support most of the real-world financial operations.

DEX Network

Decentralized Exchange Network called Ariadna Network and the underlying Proof-of-Snitch protocol ensures transaction security and deal validity.

P2P Marketplace

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

Partners

Our team