Bitcoin Forum

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Delta-X is creating a revolutionary coin that will be fully compliant with the regulators and registered with the SEC which will have ZERO Volatility, will NEVER depreciate, will increase it's value every month due to 50% of the Delta-X brand profits going into the coin and after a very short period will have ZERO Spread, so no losing money when you buy and need to quickly sell because you need the cash for an emergency.
During the ICO a voucher token called DLXV will be sold and will be redeemed at a 1:1 ratio for DLX once it has been registered as a security with SEC.

•  To be SEC Compliant
•  Can be traded for other Cryptocurrencies and fiat
•  Used instead of fiat for every things such as groceries, car services, having your hair cut, drinks at clubs, 2nd hand stores, home renovations, fuel, etc
•  Can be used as an investment savings by holding and benefiting from monthly growth
•  Give access to discount at Online Shop

Delta-X is a Brand that will contribute and could lead the growth of Cryptocurrencies and the replacement of fiat.
We envision to mention only but a few, Delta-X Liquors, Delta-X foods, Delta-X motors, Delta-X Beats (Night Clubs), Delta-X styles (Hairdressers and beauty parlors) etc. A whole new ecosystem of stores and retailers and service providers, deliveries etc, all payable with Crypto and all via one, all-in-one brand and platform.
Delta-X with DLX will be the bridge to the gap in Crypto Salaries and will give the people something better than cash, more secure and will have many more benefits

If existing business does not want to partner with us and adapt, we will establish our own and strive to be the best and offer the best with the best service and support.

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•  Phase 1 investors can get a r.o.i of 142% before the ICO even ends.
•  Only ICO investors get the coin at a Discount
•  Only ICO investors get Discount on mark-up price at the Online Shop
•  Only ICO investors get 50% Discount on trading fees
•  Coin holders will receive a share of 100% of the Delta-X Brand profits. 50% will go to increasing the coin value and 50% will be paid to Coin holders in their  choice of Crypto or Fiat
•  You will be part of a revolutionary new world

For more info and dates please visit our Official ICO Site (https://www.delta-x.io/).

Thanks for reading - Delta-X Team

interesting! Can you clarify how you seek to build the Delta-X network? How do you want to ensure zero spreads? Will it not be traded on public exchanges?

Good day.
Thank you for your question.

So we will first be approaching existing businesses in order to attempt a partnership with them in them accepting crypto as a method of payment and also paying those employees who wish, in crypto.
This will all be done on the Delta-X platform of course and the simplest would be for all employees to have an account on Delta-X and a wallet address for their crypto of choice and receive payment that way.
For those businesses who are not interested due to whatever reason, we will, one business at a time, buy existing ones being sold or establish our own, in turn creating jobs and of course implementing a full on crypto payment system that will also cater for fiat.
This goal is not an overnight goal, but a long term goal which we WILL achieve with your (the people's) help, but the goal and dream is to have shops, businesses, markets in every country that accepts crypto payments as easy and simple as cash payments are today. We want it to be anything from paying a plumber, builder, salon, buying your groceries in person at the shop or using our services and purchase it online and have it delivered to you, to buying cars, paying doctors and dentists, 2nd hand stores, pet shops, insurance policies, funeral plans, etc etc. and the only type of coin that will be suitable for this will be a non volatile security coin such as what DLX will be because we want the people to be able to pay the same amount of DLX for a bottle of milk today, tomorrow and next week, not, ok, today it is 0.0002BTC for 1 bottle of milk and tomorrow that same milk costs you 0.0003BTC. The only thing that should affect the price of the milk changing is the stores cost of obtaining that product.
Sorry, we hope this is not too much reading, but we are very passionate about what we want to achieve :)

The 2nd part of your question, zero spread.
You are correct. DLX will only be traded on the Delta-X exchange and will only be bought from and sold to Delta-X.
In the beginning there will be a spread as the price DLX will be sold for by the exchange and the price the exchange will buy it back for will differ, but only temporarily.

By the time the payment system is live we trust that the following will not be an issue, but as we are honest and do not want to hide anything, the following is a potential scenario.

DLX price on exchange post ICO will be $0.45
Buy back price will be $0.20
If you use DLX as payment let's at a grocery store, 10 DLX will give you $2 worth of goods as $0.2 per DLX is the value it will be backed for by us.
It will be best for the coin holders to hold onto the coins for a short while as 50% of the profits made by the Delta-X brand through trading of other crypto, the online shop etc will go into the coin, increasing the buy back value every month until it is $0.45 or more. At that point, we will buy and sell DLX for exactly the same price, creating zero spread. You buy it for lets say $1 and it gives you $1 worth of goods at the store or you can sell it back to us for $1.
The price will never go down as it will increase with profits every month, creating zero negative volatility too.

Now, looking at the example in the whitepaper of possible profits, the zero spread point can be achieved as quickly as 1 or 2 months.

I hope this answers your questions and that all is clear.
Please do not hesitate to ask anything should you have a question.

Cheers,
Delta-X Team.

Good day all.
Any questions, comments or suggestions are welcome.
Also, please register so long so that we can keep you posted and send ICO start reminders etc.
Thanks.

You say DLX can be used as a substitute for fiat for all things, but to realize this, the price of DLX must be in accordance with fiat, meaning that it must have a good price, so that more enthusiasts will


this is one good thing, the ICO will grow rapidly

sound nice project, i will join to social media bounty campaign hope this ICO's project will successful

Will Delta-X have a promotion program such as bounty and airdrop here? They should be good ways to spread out the information of Delta-X ICO.

Correct and it will have a good price as it will build up.
The price will never go down.
Also, until we reach a point where salaries are paid in crypto, you will basically do what you do today, take your fiat, trade it for crypto and then trade/spend the crypto.
But with the Delta-X brand we will contribute to the crypto ecosystem and help build and grow it to a point where you can do everything with crypto as you would with fiat today.

Thank you for you comment.

The only bounty we were planning was the referral where you have to invest and then if you refer someone else who invests you will receive free coins, but we are going to be changing this for non investors as well.
So now the bounty program will be, if you refer anyone who successfully invests, you will get a percentage of the number of coins they bought.
% amount tbd.
Please note this functionality will only be live once ICO starts.

Thank you for your question.

I think that if you are listed on ICO HOLDER, you don't need to worry anymore, that this project is not a fake and scam project, because I have proven a lot of projects there.

Delta-X creates Blockchain Coins with FIAT related liquidity as security. Unlimited possibilities with real-world applications. 100% Company profits will be injected into coins and coin holders (50/50 ratio) DLX will never depreciate in value and will be an investment.

Thank you very much for this :)

No we are not a scam.
The biggest changes that could happen is ICO launch being delayed due to what seems to be long waiting times for ICO sites to list our ICO and this will be a problem because we will not be sucesfull if people do not know about us, or a change in the team members as and when we add more to give you a more top notch team :)

No scamming and if we do not reach soft cap, all funds will be returned to the investors as per smart contract code.
You will also notice that we do not have a very low soft cap like some fake ICOs do so that the soft cap is reached easily and the funds released to them and then they run away with it.

Good day.

If you use FIAT as collateral, who will have a look at the FIAT money and take care of it? Do you also have a ratio in mind for the FIAT to crypto collateral?

Thank you for this excellent question.

So the ratio of fiat to crypto will be the initial value of the coin.
When the exchange goes live, there will be a spread, Delta-X will buy back coins at a price of $0.20 per coin and if you want to buy from us we will sell it for $0.45.
but as all the coins will be sold in the ICO there will not be any available for purchase unless some of the investors cash out.
So the coins will be backed at a value of $0.20 per coin.
However, by the time the system is in place for the coins to be used as payment for goods and services, we expect the value of the coin to have increased enough for there to be zero spread. More detail on this in a previous reply.

Regarding who will be taking care of the fiat.
Fiat collateral will be kept in banks for immediate payment (Exchange withdraws/escrow and also real-world payments using DLX. We will have a independent audit firm who will audit our system and bank records as this is requirements for SEC and to have a fully transparent system.

I hope I understood your question correctly.

DLX is security coin to be registered with SEC which will have ZERO Volatility, will NEVER depreciate, will increase it's value every month due to 50% of the Delta-X brand profits going into the coin and after a very short period will have ZERO Spread, so no losing money when you buy and need to quickly sell because you need the cash for an emergency.

Just 14 Days left to ICO launch.
Listed so far on www.investing.com, icobench.com and icotracker.net
More to come.

https://icopulse.com/ico/delta-x
5.3 Rating, Awesome :)

Can you link us to the application for your SEC registration?

~I am interested in your statement saying the price will never go down. What price do you mean? DLX price? Are you sure? Please explain a bit to me.
~You will contribute to the ecosystem. What kinds of contribution do you plan? Giving a chance to earn DLX? Or any other contributions?
Thx 

Hi.
We have been advised to only start with the application once soft cap has been reached as if we do not reach that point the project will be a failure and then time with SEC would have been wasted.
That is why we will be distributing voucher token in the ICO and this gets sent to investors during ICO to have something to show for their investment rather than doing it like many other ICOs that only distributes something after the ICO has ended and you have nothing to show for your investment.
We are doing the voucher token as this is legally allowed when planning on regsitering the actual security after the fundraising event.
Once we reach soft cap the new chain and new DLX security coin will be created and with that we will go to SEC and apply and then once our application is approved we will distribute DLX at a 1:1 ratio with the voucher coin

Hope this answers you and thank you for the question.

Hi.
Yes we mean the price of DLX and yes we are sure :)
DLX will not be your usual tradeable coin. You will only be able to but it from- or sell it to the Delta-X Exchange, not from one user to another unless you personally send DLX to another person from your wallet to his/hers and then accept payment in your own capacity for a lower amount of course, which would be silly because there will always be buy and sell orders available on the exchange. Iw will just not be between users, but between Delat-X and user.
This was no user can short the price and because the coin is backed by USD, we cannot pump it nether as we need to be able to back it up should the world end and every single person decide to cash out his or her coin.
So how it will work is e.g there will be 90 people, including the founders, each owning 1 DLX coin and the DLX exchange account having 10. This should tell you how the founders will make money and also how the salaries and expenses will be paid.
We will have $100 in our banks, each coin will then be worth $1. Profits for the month amount to $50.
$25 will be paid out to the 100 people in a currency of their choice provided it is on our exchange so they will each get $0.25.
The other $25 will go into the coin increasing the value of each of the 100 coin with $0.25 meaning the new price will be $1.25 per DLX.
This will repeat monthly and amounts will depend on how much profit the exchange makes.

Regarding the ecosystem, we contribute by solving 2 main problems.
1. Volatility
2. Enabling of using crytpo for daily goods and services.

We will have business, stores, etc all paying salaries and accepting payments in crypto.
Imagine this.
You work for company ABC, they pay you 1000 DLX per month, then you go to store DEF and you go buy a coke and a bread for 5 DLX. Then you take your child to the doctor and pay 200 DLX for the appointment. From there you need to go put fuel in your car, once again paid for with DLX and after that you take your wife to have her hair and nails done, again, paid for with DLX.
This is what we want to achieve with the Delta-X brand, just not as limited as this, we want you to be able to do this with all currencies and for all things.
We also plan to setup a platform where you can register and exchange services for services.
You are a plumber and I am an electrician, you need wiring checked and I need to have a drain pipe fixed, I check your wiring in return for you fixing the pipe.
No fiat and no crypto required.

Hope this clarifies things a little more.

Have a good day and thank you all for the good questions.
Keep them coming.

Oh and the only way to earn DLX for the time being is through referrals in the ICO and when the exchange is live we will also have a program in place.
More info on that will come.
Thanks

Good day all.
Looking forward to more questions today.
Otherwise please join our multimedia platforms as it will be easier to stay up to date there.
Thanks.

I am excited for the mvp because I want to get into the social platform first.

"Fully registered with SEC to become a Crypto Asset and Security for profits and purchases."
"SEC Compliant"

Then these statements in OP are false and misleading? Care to change them?

Any plans for if SEC denies your application?
Your coin might also have to register at FinCEN for a money transmittal license: https://coincenter.org/files/2018-03/fincen-ico-letter-march-2018-coin-center.pdf

Good day.
Thank you for the questions, please see below:

These text should have been changed already and now say something in the lines of "Delta-X is creating a revolutionary token that will be fully compliant with the regulators and registered with the SEC" and "During the ICO a voucher token called DLXV will be sold and will be redeemed at a 1:1 ratio for DLX once it has been registered as a security with SEC."
If you know of a place where it still has false or misleading statement will you kindly send me a link to it so that I can have it sorted out asap.
Thanks.


Yes, if the SEC ultimately and finally denies our application, the available funds will be returned to the investors.
Available funds will be funds received - funds spend on Development and SEC application etc

Thank you very much for this piece of information.
We will investigate.


I hope the answers are to your satisfaction, please let me know if not or if you want to know anything else.

Thanks.

Has your legal advisory told you to do a SAFT sale first since you arent securitized yet?
You might also want to file for an exemption first before you can conduct ANY sale of tokens, even vouchers. Ref: https://www.sec.gov/litigation/admin/2018/33-10530.pdf Page 2

And if you are going for eventual SEC status you shouldnt be promoting here ( or to unqualified investors) but instead promoting to qualified investors who by law can participate in these offerings.

More reference material:
https://www.sec.gov/litigation/investreport/34-81207.pdf