Introduction
FEAR, is a strong word in human context, one will be surprised of various fear in the hearts of many human, the fear of failure, the fear of heights ( normally called phobia), the fear of death. Among all of these, the fear that is mostly in the hearts of many is the fear of trying something new. So many people hesitates from trying out something different, it only takes a fearless person to achieve some incredible ideas, for instance, the light-bulb we use today was created by a fearless man by the name Thomas Alva Edison in the year 1879, right after Benjamin Franklin who first invented electricity, we believe that these men tried and failed time and again before they could actually achieve their goals, most of the time electrocuted, but the fearlessness in them kept urging them to move further into creating what is now a source of major empowerment in the world today.
Reaction of humans to science, technology and the Blockchain technology
The world has grown so vast and developed, the days of animal skins, cowry and trade by barter is way in the past now, paving way for modern economy, the world have grown to a point where one no longer need to carry lots of money whether in their pockets or in a sac, all in the effort of making transaction, the world has stepped into an era of digital currency, allowing you to make transaction without a face to face interchange of money with a trader.While few people accepts this change wholeheartedly seeing it as an easy way to ease themselves of the stress of going through a distance rather than sit in their houses and make transactions, others sees it as being diabolic, while the other many feels less concern about it. Though the blockchain technology is wrapping around the world like a bush fire, it is unfortunate that many people do not believe or have trust towards the technology, which is why you are being introduced to XCRYPT.
Welcome to XCRYPT
Xcrypt is proud to announce that they are the first innovative crypto ecosystem that places essence on exchange, the platform is created to be simple comfortable and innovative. They believe that the world of cryptocurrency will soon experience a dramatic change, with this in mind they have surveyed the trading field they came up with three priorities
i. Listing security tokens
ii. Having an appropriate and strategic marketplace for erc721
iii. Carrying out innovative dynamic in the relationships wih the ICO.
The reason for this is to be able to reward the xCRYPT community with a zer fee exchange, which will be related to the members via the social media platform and a monthly compensation for its holders through airdrop ranking system.
Problem overview
- Liquidity : Liquidity is a market feature where a firm can quickly purchase or sell an asset without causing a change in the asset's price, it is also about how big the trade-off is between the speed of sale and the price it can be sold for. In so many cases where so many BTC holders refuse to put it into the market thereby, after a while floods the market with it when they feel that it has gotten to their desired values thereby flooding the market and causing a swing in the original price.
- Centralized nature: It is unfortunate that so many platform do not create an atmosphere of security and privacy, their infrastructure is weak and fragile allowing the penetration of hacks, and digital thieves. The Mt.Gox, one of the world's leading exchange platform has constantly recorded a scenario of thieft and hack of unrecovered Bitcoins rating to 650,000.
- Difficulties of Real-time trading: Since there has been a delay in order book update, rate-limited trading APIs, and non real-time confirmation, so many traders are not able to trade in real-time.
Solutions With Xcrypt
One of the features and strategy xCRYPT can proudly boast of is their infrastructure, they have been able to build their platform's infrastructure with fortified materials like the fire wall, helping it repel hackers and thieves, xCRYPT has promised the members of their community that they will make sure of their privacy and a secured documentation of their data, using the consensus protocols.
Factors that makes xCRYPT different and unique.
- It runs on a fully compiant trading operation
- It is a centralized and decentralized exchange platform
- It enables the withdrawal of fiat from cryptocurrencies
- It stores fiat and cryptocurrencies
- It has a membership system
- Its airdrop ranking system
- It is 100% encrypted.
The Airdrop Ranking System
They xCRYPT platform looks forward to improving their whole ecosystem so they created a medium in order to reward benefits to its XCT holders, to bring in revenues and to add value to the community and the token holders.
Problems associated to ICO and erc20
- Fundraising during the ICO phase : it is often very difficult to find investors, and to also access real investors pools.
- Visibility in exchange before the starting of the listing's: it has become a constant event that tokens often loose value on listing them. due to the lack of communication in their intrinsic added value to the investors
- It actually disheartening that holders don't even have right and advantage to their tokens.
Conclusion
XCRYPT platform is an exchange platform that has foreseen the changes that will take place in the exchange market and the effect that it will leave, since the exchange market is not totally prepared for the impact it will leave, xCRYPT has created a medium to help prepare the exchange market for what is yet to come, they will improve security and reduce or bring to a stop the constant penetration of hackers and digital theft.
More Info, Follow The Links
Website: http://www.xcrypt.club/
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1986718
Instagram: https://www.instagram.com/xcryptclub/
Twitter: https://twitter.com/xcryptclub
Facebook: https://www.facebook.com/xcryptclub/
Telegram: https://t.me/xcryptclub
YouTube: https://www.youtube.com/channel/UCSTVlIYw7fj9PrVu9FYKKVQ
Medium: https://medium.com/@xcryptclub
Reddit: https://www.reddit.com/r/xCrypt/
Writers Details
BTT Username: Oyimeelijah
BTT link: https://bitcointalk.org/index.php?action=profile;u=1982524