Our full statement regarding our decision to cancel our original forked Zcash project here will be released. This will detail the decision and explain how we came to the conclusion. <24hrs
The original Xerocash project (Zcash fork) was a large project with many components. There was much at stake with an unacceptable risk level. We wanted to bring value to the chain for our backers and also create opportunities in the space with a new concept in development.
Although the project had begun the initial stages of creating the brand, the later stages presented unknown factors difficult to address. Ultimately, our ability to deliver a complete technical release in a timely manner where brought in to question.
We have taken that concept and scaled it for success in a smaller project. We and are delighted to focus on the Xerocash brand itself.
Xerocash will focus on creating a limited edition series range of ultra rare cryptographic collectors items. Much like blockchain trading cards but these items will feature physical utility. They are unique and stylish one off pieces that may be sought after as collector items, unique wearable swag or special gift items.
Unlike standard “cafe press” items, these goods are going to be awesome! Each series one item will incorporate the following features:
-Water proof Hologram
-Custom 3d embossed logo
-Verification bar (0.8mm Thick) contoured left/right back, laser signed with XeroCash PGP as authentic
- Custom tamper proof certification papers
What gives them value?
-They are rare
-They are unique
-Physical blockchain assets
-Loaded cryptographic keys
Xeros are the native asset. Each limited edition series item will incorporate %20 of the sale price into the article.
The initial goal is to register $250k USD limited edition items into the bitcoin blockchain. This will be achieved by creating and distributing series 1,2 and 3 limited edition items. This will see the distribution of 50k USD $Xero’s into the initial range.
The model creates scarcity through distribution introducing supply deflation.
As the brand becomes a success, people may wish to speculate on the future potential directly. By owning Xero’s, you will be able to do so.
The project’s success relies on the operation of a profitable business model. If the project is not self sustainable , the consecutive items could not be produced.
By buying the tokens, you may speculate on the success of the brand. If the project is successful, early release items will fetch super premiums on the secondary market as collector items. As we progress through the series not only do we create value to those still holding the asset, we increase the value of the entire collection.
Once the project gains traction holding the tokens will speculate on the success of the brand. We plan to move beyond series 3 production and will maintain %20 in each item from the series range.
XeroCash is an essential component of our brand. As our native crypto asset, we require these tokens to register the items in the blockchain.
The merchandise serves as the blockchain asset supported with the certification certificate and corresponding blockchain tokens.
The certification document will be signed by XreoCash PGP digital signature and preserved with corresponding holograms under laminate. Series items are in effect worthless without the corresponding certification.
The certification papers are protected by unique features.
-XeroCash PGP signature verifying the item #
-Holographic tamper proof logo
-Laminated over document
For collector status, series 1 items will be clearly numbered
(X/128/256) as one of a kind.
The lower units may be auctioned or will hold a higher buy it now price.
Series 1 items are by design. expensive items. If you are looking for a cheaper alternative, seek items from the range.
To honour our beloved SHA-256 encryption 256 series 1 BTC caps will be produced.
There will be 6 items in the Series 1 collection as follows=
-BTC varsity jackets
-Pure silver Bitcoin amulet necklace/chain
-BTC custom hoodies.
By design, these are expensive custom articles. The range will feature cheaper options.
Series 1 caps pricing (70-$120)
Monero (50units)= 3-4k
Zcash (50units)= 3-4k
Series 1 varsity (120-$180)=
Series 1 coin chains (120-$180)
Series 1 hoodies(256units)= 15-20k
The approximate cost for quality goods, custom work, attachments and graphic designing is as follows.
Approximate build Cost
S1 (256) BTC caps= 9-15k
S1 (128) BTC varsity= 7-13k
S1 (256) hoodies= 10-15k
S1 (128) BTC coin bling chains= 8-12k
Non series items=
Hat protectors/bags (essential)= 400-$600
128 Trucker caps= 2-4k
128 Laser cut bit bling pendants= 1-2k
We will operate the social media promotion of the brand through
Instagram, Facebook, twitter, snapchat. Paid advertising will be kept to a bare minimum.
We have extensive experience operating ecommerce and will build the website on our preferred platform with all social media integrated.
Standard retail margins will see the initial series 1 items sold between 80-100k USD and allow the funding of series 2 items.
Our minimum goal to kickstart the project is 70BTC
The maximum will be capped @ 120BTC
%10-%20 government tax (legit project guys!)
%20 Xero tokens
%20-%30 Project developers
%20-%30 Series 2 items.
Series 1 items are super exclusive and ultra rare items. They are considered the holy grail of crypto culture and combine all the necessary elements. Each individual Snapback is as unique as the owner.