[ANN][ICO] X8currency - X8X

[x8currency]

I checked you website and read the whitepaper, but still don't get it which firm controls what. Ionectar? x8 AG? JP Funds? UBS?

Hey, x8 AG manages the x8c, IoNectar manages x8x. Others are just institutions where reserves are placed, except for JP Funds which provides monitoring and auditing.

[x8currency]

Check out why we chose Switzerland to hold our reserves.

https://www.ionectar.com/x8-and-the-swiss-financial-ecosystem/

[x8currency]

We have opened a discussion channel on telegram. You are welcome to join us. https://t.me/joinchat/DLdRTA4n4K-w1Fsn6v3oCQ

[btcltcdigger]

Hello guys,
We are not associated with any government. We are an independent team working from UK and Slovenia. Thank you for good wishes.

Where in Slovenia?

[btcminer49er]

Hello guys,
We are not associated with any government. We are an independent team working from UK and Slovenia. Thank you for good wishes.

Is there a registered Company behind this?

[Ahmed Kimo]

what is the steps to get this ICO ?

[btcltcdigger]

what is the steps to get this ICO ?

Sale starts in 12 days

[JustLooking7]

Info about project - 10% info about ICO - 90%. Seems like much of emty promises... Be careful people is all I am saying

[btcltcdigger]

Info about project - 10% info about ICO - 90%. Seems like much of emty promises... Be careful people is all I am saying

I'm not sure they're completely empty promises.
Some of their facts actually hold water

[x8currency]

Hello guys,
We are not associated with any government. We are an independent team working from UK and Slovenia. Thank you for good wishes.

Where in Slovenia?

In Slovenia we work in the capital, Ljubljana.

[x8currency]

Hello guys,
We are not associated with any government. We are an independent team working from UK and Slovenia. Thank you for good wishes.

Is there a registered Company behind this?

Yes,

IONECTAR FINANCIAL LIMITED
27, Old Gloucester Street, London
United Kingdom
info@ionectar.com

[x8currency]

what is the steps to get this ICO ?

Hi, this is a Cofound.it project and they are organizing the ICO.
It will take place in three phases
September 12 limited Priority Pass ICO
September 13 unlimited Priority Pass ICO
September 14 public ICO without restricted access

To participate in the presale you have to obtain Cofound.it. priority pass.
More info on that: http://bit.ly/2fO1oYc   
How Priority Pass works: http://bit.ly/2xtNfmE

[x8currency]

Info about project - 10% info about ICO - 90%. Seems like much of emty promises... Be careful people is all I am saying

Hello, an introduction to our project is available here:
https://cofounditmedia.s3-eu-west-1.amazonaws.com/documents/busines-plan-x8.pdf

[Exander]

when do you expect cryptocurrencies to be implemented into X8C and what use will X8C have until cryptocurrencies are added into basket?

[x8currency]

when do you expect cryptocurrencies to be implemented into X8C and what use will X8C have until cryptocurrencies are added into basket?

The success of the X8currrency project does not depend on the addition of cryptocurrencies, because it provides the functions of stability and safety already with fiat and gold. But to design a token with a totally market-independent outcome, cryptocurrencies will be added. We hope to add bitcoin to the basket within two years. More on this here: https://medium.com/x8currency/when-x8-will-add-bitcoin-as-the-9th-currency-da40860af91b

[btcminer49er]

Info about project - 10% info about ICO - 90%. Seems like much of emty promises... Be careful people is all I am saying

Hello, an introduction to our project is available here:
https://cofounditmedia.s3-eu-west-1.amazonaws.com/documents/busines-plan-x8.pdf

Thanks, i'll have a read and contact you on slack

[Exander]

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

[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.

[Damariis]

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:

http://shrani.si/f/1S/UT/4bIQzDBD/1/x8performance.png

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!

[btcminer49er]

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?