[ANN][ICO] X8currency - X8X

[x8currency]

how will you fold ionectar technology into crypto world?

and how will you keep the price stable in case of huge demand for x8c?

Technology developed by IoNectar will be implemented into the crypto world through the stable X8C token, which will consist from 8 different fiat currencies and gold coins. All X8C tokens will be fully (100%) backed at any time. Unlike other "stable" coins the value of X8C will not be pegged to the mentioned basket, as the basket will be active and managed by our Automatic Reserves Management trading AI system (ARM AI). The ARM AI was in development for over 10 years and has a proven track record, as shown in the graph bellow:

The purpose of X8C is providing maximum stability and liquidity to the market. Thus, there are certain automatic procedures in place for cases when the market price of X8C exceeds its intrinsic value for 1% or more, like providing additional stability.

Your project is interesting but it lacks transparency. You say the ARM AI is tested since 10 years but you only provide a chart with 1.5 year history. Since fiat and gold timeseries price data are available at tick level, you may have a backtest of your strategy over longer period.

Last, ARM AI automaticaly allocates the capital to the 8 assets, but it comes at a price: fees, spread and commission. Maybe you could a little bit more how this ARM AI takes it's decisions to remains positive over time ? the basic of the strategy, without revealing the algo core and design. Thanks!

It took over 10 years to develop ARM AI. During this time it was tested at various stages of development and additions. The history you mention is from the start of the operation of live accounts. Our white paper gives a description of the ARM AI system without revealing the algorythms: http://bit.ly/2shdOZs

[x8currency]

what currency will we be able to convert into in case we cash out from x8c? all out of 9 in the basket?

You will be able to convert into any of the fiat currencies form the basket.

Basket meaning USD and EURO?
Any more fiat?

Yes, there are 8 fiat currencies in the basket. USD, EUR, JPY, AUD, GBP, CAD, CHF, NZD. you can see the basic on our website: https://x8currency.com/

[Exander]

is there a limit when investing in ico?

[x8currency]

is there a limit when investing in ico?

Yes, the contributions in the first, limited phase of the ICO will follow the below listed order.



More on the CFI Pripority Pass can be found here: http://bit.ly/2xtNfmE

[crypto.future]

Ok looked at your website, blogs and slack. The project looks really interesting. The only thing that I am a bit confused still is this Cofoundit Priority pass. Their website is just confusing. I read somewhere that I need to register a couple of days before the ICO, to be able to participate. Is that true?

[x8currency]

Ok looked at your website, blogs and slack. The project looks really interesting. The only thing that I am a bit confused still is this Cofoundit Priority pass. Their website is just confusing. I read somewhere that I need to register a couple of days before the ICO, to be able to participate. Is that true?

As explained, our ICO will be held in association with Cofound.it. Thus, the ICO will be split into 3 phases - limited Priority Pass, unlimited Priority Pass and public crowdsale. To be able to participate in the first two phases, you have to posses at least 5000 CFI tokens in you wallet and register on the Cofound.it website. More information can be found here - http://bit.ly/2xtNfmE

It is important that you successfully register and obtain 5000 CFI tokens 4 days before the star of the ICO, as a snapshot of eligible participators will be take on the Cofound.it platform. So in our case that is September 8, 17.00 CET.