The XOV Vision
The XOV project will produce the world’s first stable cryptocurrency banking platform for the blockchain by using a range of financial controls that stabilise the circulating supply of currency (XOVnet). These controls will be delivered using human and artificial intelligence methods.
The project will deliver a Central Bank that issues the XOV currency (a Central Bank Cryptocurrency – CBCC) and a Retail Bank that offers a range of decentralised banking services.
Unlike traditional Central Banks, XOV will be politically agnostic, be without geographical limitations and will be accountable to anyone using XOVnet.
The banks will operate within an academically backed stable currency network (XOVnet) that everyone has the trust and confidence in using. This highly secured environment will ensure that the value of the currency is price stabilized, can be easily used to make payments, and be used as security.
XOVnet
XOVnet will be a powerful digital currency stabilisation network that delivers highly stabilized digital currency. The infrastructure will be patented, underpinned and maintained by the XOV Research and Development Academy – employing leading academics.
The XOV currency will be asset backed against low risk tokenized reserves that are independent of the banks and supervised by market experts, against a risk management framework.
Token Supply + Distribution
Total Tokens: 70,000,000
Total Distributed via Airdrop and Team: 24,000,000
Remaining Tokens: 46,000,000
Distributed tokens available on the Mercatox Exchange.
XOV Management and Academic Support Team
The management team for the project comprises of our project team, professional advisors, and academic support team. We are actively consulting with representatives from the London School of Economics and the Imperial College, London. Once our project has concluded its initial Research and Development Phase and is fully funded, we will start to expand the team to include a full technical development team and appoint the Board of Governors (BoG) for the Central Bank, and the Open Market Operations Board (OMOB) for the control of the reserves.
The project is continually seeking new academic expertise and to expand its management team, to realise the potential growth of XOV.
David Alexander-Knowles, Chief Executive Officer, leads the project and is responsible for its overall commercial, financial and technical success. David has worked in senior roles in project management (PRINCE2 qualified practitioner), marketing and information technology. He has qualifications in business, finance, law, information technology, social sciences, project management and psychology. David is a keen advocate of decentralised banking.
Demelza Hayes is one of our digital economists and is on the Forbes DACH Under 30 list. She is a Doctoral student in the Department of Economics at the University of Liechtenstein. Demelza is a research assistant to Professor Andrei Kirilenko at the Centre for Global Finance and Technology at the Imperial College, London.
Max J. Heinzle is our Global Investment Director and holds a Masters’ degree in Global Banking and Finance. He completed his Bachelors’ degree in Global Business Management in London. Max has worked for a Swiss Investment Bank, an Austrian Venture Capital Fund and a German Corporate Finance Company and is the founder of the 21.finance Group in Liechtenstein.
Dan Feaheny is a commercially focused executive with international business development and channel partnership experience. His background spans retail, energy, recruitment and Fintech. Dan also currently consults with Ripple.
Dr Andrei Kirilenko is a Professor in Finance and is the Fintech Centre Director at the Imperial College, London. His work focuses on the intersection of finance, technology, and regulation. He is a recognised world expert on technology in markets, including algorithmic and high frequency trading.
Jaspar Crawley is our Gold Markers Advisor. Formerly the Director of The Royal Mint, he is an experienced top-level professional in banking and the gold markets. He also worked previously as a Director at UBS Investment Bank and as a commodities trader for Deutsche Bank.
Dr Ania Zalewska is a Professor of Finance at the University of Bath, and part of our academic support team. She is also Director of the Centre for Governance, Regulation and Industrial Strategy (CGR&IS) and a Board Member of the Oxford Noble foundation. Ania provides specific research activities.
Jackelin Godoy is a Professor of Mathematics and was an Economic Analyst for Central Bank of Venezuela. Jackelin has also taught statistics.
Our Digital Currency Architect is a Research Associate at the London School of Economics and has qualifications in economics and engineering. He works closely with Professor
Jon Danielsson (who is not associated with the project).
Michael Truitt, is the Private Secretary to the CEO, providing a vital communication link between the Board, management team and advisors. He is experienced in bank auditing processes and also performs a governance and transparency role within the organisation.
Joe Edlhuber is our Private Banking Director, and responsible for communication with potential investors wishing to open and utilise private banking facilities in the future. Joe also performs the role of investor relations with the public and with influencers and co-ordinates token listings on cryptocurrency exchanges.
Arno Schalke is our Technical Operations Manager. Arno is a Director of a Dutch based IT company and is responsible for consulting on technical matters, especially networking and operating systems.
Richard Trostel is our Social Networking Manager. Richard is a specialist in the cryptocurrency markets and is well versed in the marketing of digital currencies, particularly using social media channels. Richard also performs a role in communication with our public communities.
Additional appointments to be confirmed on updating of this post.
Roadmap 2.0 Release
The XOV team is proud to announce its roadmap for the XOV Global Financial Network. We have been working tirelessly behind the scenes and will soon be sharing the details of all we have been working on with our community.
At XOV our goal is to provide a range of financial services to our customers with the underpinning support of a stable currency.
The current XOV ERC-20 token will be swap-able for the XOV.DIV token (ratio of 1 XOV : 3 XOV.DIV) where users can then earn dividends from the XOV Decentralised Asset Management Platfrom (DAMP).
This has to be one of the most exciting cryptocurrency projects in some time that has the potential to add great value to the crypto market place. No longer will investors have to risk extreme falls in the value of their crypto, and will soon be able to earn interest on the stabilised cryptocurrency they hold with XOV.
We are very excited to launch XOV Bank! Feel free to comment and ask any questions below - we look forward to engaging with the community! We will update this thread with further details as the project develops!
Website : http://www.xov.io/
Telegram : https://t.me/xovercoin
Discord: https://discordapp.com/invite/dkJVJHB
Twitter : https://twitter.com/xovercoin
Email: info@xov.io