USDXWallet (OP)
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Activity: 43
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October 17, 2018, 01:55:18 PM
Last edit: September 09, 2019, 07:49:03 PM by USDXWallet |
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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frcat
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October 21, 2018, 06:34:34 PM |
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How your stable coins will be bucked? By funds from ICO? And what profit for investors if your coins will be 1:1 to usd dollars on ICO and after ICO?
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kamvreto
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Activity: 1652
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October 21, 2018, 07:29:32 PM |
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After i read on website, so this project use 2 Token/coin? USDX and LHT Coin? and USDX Stablecoin is backed by cryptocurrency (LHT Coin)?
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USDXWallet (OP)
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October 26, 2018, 03:57:32 PM |
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After i read on website, so this project use 2 Token/coin? USDX and LHT Coin? and USDX Stablecoin is backed by cryptocurrency (LHT Coin)?
Yes, you're absolutely correct. Thank you for your interest. |
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USDXWallet (OP)
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October 26, 2018, 04:58:30 PM |
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How your stable coins will be bucked? By funds from ICO? And what profit for investors if your coins will be 1:1 to usd dollars on ICO and after ICO?
Thank you for your questions. The USDX token is backed by LHT coin (collateral); LHT's exchange rate is supported by the demand. Funds raised during our token sale (which will be announced very soon) will help to support an LHT exchange rate when/if needed. So, if LHT will drop, we will have enough funds to support USDX stablecoin. Investors will get up to 35% bonuses (in fact, there are three bonus programs) during the token sale. After a token sale, investors will have an opportunity to buy LHT coins or exchange USDX to LHT and get benefits while LHT exchange rate is growing. |
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USDXWallet (OP)
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October 29, 2018, 09:08:14 AM |
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TOKEN SALE AnnouncementUSDX Wallet Token Sale Announcement We are pleased to announce the token sale for the USDX token, the core stablecoin of USDX payment system. The sale will start on November 1st and close on December 31st. The event is a single campaign with no presale. To participate in the event, you should follow three quick and easy steps: - Go to https://usdx.cash/tokensale and install a USDX Wallet app - Register - Buy USDX. We're launching the token sale campaign under unique conditions: our product, a USDX Wallet app, is up and running; therefore we're not raising money for the development. Our token sale aims at crypto and FinTech fans, who want to invest in a working project, to be among the early contributors and to buy a stablecoin using our bonus programs. These programs are limited in time, so don't waste yours!
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limmousine
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October 29, 2018, 09:17:09 AM |
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therefore we're not raising money for the development.
So where do you get funds for developing your platform later? Can it survive in the future? |
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USDXWallet (OP)
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October 30, 2018, 10:08:06 AM |
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therefore we're not raising money for the development.
So where do you get funds for developing your platform later? Can it survive in the future? We had fundraising last year (seed round). We launched our product at the begining of the year. The updates are regular and will continue to be so in the future, regardless of token sale. Thank you for your question. |
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CaVO32
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November 01, 2018, 08:34:20 PM |
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i think you need to run promotional campaigns for your project as i've seen that your thread is not active here. unless, you have private investors that you can push thru your developments even if you can't get your target funds during this token sale. everyone is running their bounty programs paying their own coins or tokens. you might do that also to get attention from the community. |
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doctorbyte
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Activity: 140
Merit: 1
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December 03, 2018, 12:41:12 PM |
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There are two cryptos in your project, how do they work?
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Ano
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December 03, 2018, 01:08:49 PM |
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There are two cryptos in your project, how do they work?
https://usdx.cash/usdx-stablecoinhttps://usdx.cash/lht-coinUSDX is a stable coin which is backed LHTcoin all investors will USDX using the app which are available for iOS and Android. LHTcoin is is mostly used for collateral. |
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mihohil
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December 03, 2018, 01:12:45 PM |
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What are your benefits and how you differ from competitors?
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limmousine
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December 03, 2018, 01:19:41 PM |
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therefore we're not raising money for the development.
So where do you get funds for developing your platform later? Can it survive in the future? We had fundraising last year (seed round). We launched our product at the begining of the year. The updates are regular and will continue to be so in the future, regardless of token sale. Thank you for your question. So what you mean is that you have received funds from private sales? I think you will continue to develop this project even though the target of the token sale is not achieved in this month. |
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r3t4rD4life
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Activity: 76
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December 03, 2018, 01:51:38 PM |
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Tell more about your system, how is it built? More tech details are needed.
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USDXWallet (OP)
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Activity: 43
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December 04, 2018, 05:22:58 PM |
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There are two cryptos in your project, how do they work?
USDX token is a stablecoin pegged to the US dollar at a 1:1 ratio via a smart contract. Each token is collateralized with at least 200% worth of LHT, which is our core crypto. A smart contract also controls the supply of a token. LHT coin has a limited supply (1B coins); this is reflected in Lighhouse Block Explorer. LHT coins will be gradually sold on exchanges (from January) and via the USDX Wallet app to prevent extreme volatility. Please refer to our Whitepaper (and Monetary Policy section in particular) for more details: https://drive.google.com/file/d/10Ph2AhPHDXsgqXwD1CglRFTVCvxW0SSC/view |
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USDXWallet (OP)
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Activity: 43
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December 04, 2018, 05:24:49 PM |
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therefore we're not raising money for the development.
So where do you get funds for developing your platform later? Can it survive in the future? We had fundraising last year (seed round). We launched our product at the begining of the year. The updates are regular and will continue to be so in the future, regardless of token sale. Thank you for your question. So what you mean is that you have received funds from private sales? I think you will continue to develop this project even though the target of the token sale is not achieved in this month. The product is ready and working. And yes, token sale result won't have any effect on further product improvements and promotion. |
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USDXWallet (OP)
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Activity: 43
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December 04, 2018, 07:28:54 PM |
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Tell more about your system, how is it built? More tech details are needed.
Our project uses blockchain technology, based on the core of open-source Graphene/BitShares. This gives us an option to have transactions at lightning speed (100,000 TPS), for example. In terms of security, we apply SSDL and CI/CD. We also use two authorisation mechanisms to guarantee further safety of user data and funds. The first one is a digital signature and the second is 2FA. Please refere to Technologies chapter in our Whitepaper for further details: https://drive.google.com/file/d/10Ph2AhPHDXsgqXwD1CglRFTVCvxW0SSC/view |
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USDXWallet (OP)
Copper Member
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Activity: 43
Merit: 0
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December 04, 2018, 08:30:44 PM |
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What are your benefits and how you differ from competitors?
Most of competitors have fees (we're zero-fee for person-to-person transfers), most of them are web-based, not all of them have a working product, they prioritize fiat into crypto conversion. We have: a working product, easy-to-use mobile app, high-speed transactions. Were focusing on crypto transfers. We are not an exchange or a crypto wallet storing multiple cryptos; we offer a payment system for everyone - from a newbie to a crypto pro. |
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