[ANN] Xcavator - A Crypto Utility Token for Crypto Mining

[XcavatorInternational]

We have already seen drawbacks of pow and pos consensus algorithm. Are you also on same track or you have some different consensus algorithm. It will interesting to know what consensus algorithm you are using and it's unique features.

There are drawbacks of pow and pos consensus algorithm but we have to agree that they also are the most profitable ones. As per our project concept we will be mining the most profitable ones and so will be doing the same to start with. In future if other consensus algorithm becomes more profitable then we will surely explore that.

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[Miiike]

Where can I find this batch release schedule? I can't see it on your website and whitepaper. Also, what basis/consideration do you take during planning this stages? I mean, what makes you be certain that releasing (for example) 5% instead of 10% or 3% f the total supply next week on Binance is the best decision for the project's future? Or will your market and community decide for this too?

The batch release schedule will depend on the availability of the mining equipment and the price sustainability of our token. We do not have any plans to dump our tokens in the market and create a price crash. Considering the availability and market this decision will be taken in the best interest of our community.

As it is not a scheduled and automated release and rather an on-demand, does this mean your team holds the rest of the token supply? As in... being in control of them all?

[XcavatorInternational]

Where can I find this batch release schedule? I can't see it on your website and whitepaper. Also, what basis/consideration do you take during planning this stages? I mean, what makes you be certain that releasing (for example) 5% instead of 10% or 3% f the total supply next week on Binance is the best decision for the project's future? Or will your market and community decide for this too?

The batch release schedule will depend on the availability of the mining equipment and the price sustainability of our token. We do not have any plans to dump our tokens in the market and create a price crash. Considering the availability and market this decision will be taken in the best interest of our community.

As it is not a scheduled and automated release and rather an on-demand, does this mean your team holds the rest of the token supply? As in... being in control of them all?

As per the need of our project we cannot schedule and plan automated release. Mining equipment gets updated every now and then and the availability is a major issue. In this scenario an automated release cannot be scheduled. Also we will be listing on multiple exchanges and we will be needing liquidity. The team will only hold 10% of the token supply as given in our white paper.

[AmoreJaz]

Where can I find this batch release schedule? I can't see it on your website and whitepaper. Also, what basis/consideration do you take during planning this stages? I mean, what makes you be certain that releasing (for example) 5% instead of 10% or 3% f the total supply next week on Binance is the best decision for the project's future? Or will your market and community decide for this too?

The batch release schedule will depend on the availability of the mining equipment and the price sustainability of our token. We do not have any plans to dump our tokens in the market and create a price crash. Considering the availability and market this decision will be taken in the best interest of our community.

As it is not a scheduled and automated release and rather an on-demand, does this mean your team holds the rest of the token supply? As in... being in control of them all?

As per the need of our project we cannot schedule and plan automated release. Mining equipment gets updated every now and then and the availability is a major issue. In this scenario an automated release cannot be scheduled. Also we will be listing on multiple exchanges and we will be needing liquidity. The team will only hold 10% of the token supply as given in our white paper.

by any chance, are you going to publish actual photos of your mining farm in the very near future? how can you assure your investors that you are indeed into mining? you can't just take what others are saying these days. as we don't know how this project will come about after couple or few months.

[XcavatorInternational]

Where can I find this batch release schedule? I can't see it on your website and whitepaper. Also, what basis/consideration do you take during planning this stages? I mean, what makes you be certain that releasing (for example) 5% instead of 10% or 3% f the total supply next week on Binance is the best decision for the project's future? Or will your market and community decide for this too?

The batch release schedule will depend on the availability of the mining equipment and the price sustainability of our token. We do not have any plans to dump our tokens in the market and create a price crash. Considering the availability and market this decision will be taken in the best interest of our community.

As it is not a scheduled and automated release and rather an on-demand, does this mean your team holds the rest of the token supply? As in... being in control of them all?

As per the need of our project we cannot schedule and plan automated release. Mining equipment gets updated every now and then and the availability is a major issue. In this scenario an automated release cannot be scheduled. Also we will be listing on multiple exchanges and we will be needing liquidity. The team will only hold 10% of the token supply as given in our white paper.

by any chance, are you going to publish actual photos of your mining farm in the very near future? how can you assure your investors that you are indeed into mining? you can't just take what others are saying these days. as we don't know how this project will come about after couple or few months.

We will be publishing photos and videos of our mining farms on our community channels and groups. We are a KYB (Know Your Business) completed project and we are confident in our project & concept which will be more and more profitable in the long run. As the crypto market is developed on this system only, we had done everything to assure our investors about us. Never less we will be proving the same in few months from now which be giving our investors the insight of our unique project.

[galambo]

I am interested in knowing what are requirements to mine your token? Like in case of BTC we need ASIC miners that consume too much electricity is this the case with our token also or you have fair chance for everyone in the mining process?

[Miiike]

~snip~
As per the need of our project we cannot schedule and plan automated release. Mining equipment gets updated every now and then and the availability is a major issue. In this scenario an automated release cannot be scheduled. Also we will be listing on multiple exchanges and we will be needing liquidity. The team will only hold 10% of the token supply as given in our white paper.

Sorry, maybe I made myself a little bit unclear. What I am asking is not the token allocation for your team, but rather if the team has control over the rest of the total supply. Looking at how it is not automatically released by something like a smart contract certain amount of token every specified and scheduled time, doesn't this means the team hold and has access to the rest of the tokens in order to be able to gradually release them when the team sees the conditions fit.

[XcavatorInternational]

I am interested in knowing what are requirements to mine your token? Like in case of BTC we need ASIC miners that consume too much electricity is this the case with our token also or you have fair chance for everyone in the mining process?

Our token will not be a mineable token. It is a token which will represent mining power in our mining project. We will be mining the most profitable coins in the market and will keep on updating to the latest miners depending upon the price and the availability. Our aim will be to maximise our mining profits.

[XcavatorInternational]

~snip~
As per the need of our project we cannot schedule and plan automated release. Mining equipment gets updated every now and then and the availability is a major issue. In this scenario an automated release cannot be scheduled. Also we will be listing on multiple exchanges and we will be needing liquidity. The team will only hold 10% of the token supply as given in our white paper.

Sorry, maybe I made myself a little bit unclear. What I am asking is not the token allocation for your team, but rather if the team has control over the rest of the total supply. Looking at how it is not automatically released by something like a smart contract certain amount of token every specified and scheduled time, doesn't this means the team hold and has access to the rest of the tokens in order to be able to gradually release them when the team sees the conditions fit.

You are right as the team will have control over the rest of the total supply. As per the demand of our project we cannot automate the release of our tokens. Firstly we cannot be assured of the availability of the latest mining equipments. As we will be using all the funds from the sale of tokens to setup mining infrastructure, if we will automate the release and at that time miners are not available then the mining power per token will go down as the mining power will be less in comparison to our token holders. Also as all other projects hold supply to provide sufficient volume on different new exchanges we also will be doing that.

[Miiike]

~snip~
As per the need of our project we cannot schedule and plan automated release. Mining equipment gets updated every now and then and the availability is a major issue. In this scenario an automated release cannot be scheduled. Also we will be listing on multiple exchanges and we will be needing liquidity. The team will only hold 10% of the token supply as given in our white paper.

Sorry, maybe I made myself a little bit unclear. What I am asking is not the token allocation for your team, but rather if the team has control over the rest of the total supply. Looking at how it is not automatically released by something like a smart contract certain amount of token every specified and scheduled time, doesn't this means the team hold and has access to the rest of the tokens in order to be able to gradually release them when the team sees the conditions fit.

You are right as the team will have control over the rest of the total supply. As per the demand of our project we cannot automate the release of our tokens. Firstly we cannot be assured of the availability of the latest mining equipments. As we will be using all the funds from the sale of tokens to setup mining infrastructure, if we will automate the release and at that time miners are not available then the mining power per token will go down as the mining power will be less in comparison to our token holders. Also as all other projects hold supply to provide sufficient volume on different new exchanges we also will be doing that.

As we have established that we are on the same page for the case of the token "possession" of your project, I think it is not too exaggerating to think that this method will require the investors to have a very good faith in you not to rug pull, isn't it?

[galambo]

I am interested in knowing what are requirements to mine your token? Like in case of BTC we need ASIC miners that consume too much electricity is this the case with our token also or you have fair chance for everyone in the mining process?

Our token will not be a mineable token. It is a token which will represent mining power in our mining project. We will be mining the most profitable coins in the market and will keep on updating to the latest miners depending upon the price and the availability. Our aim will be to maximise our mining profits.

A coin is known worthy by  exchanges on which its listed. What's your plan of listing your coin on exchanges like binance or other such top exchanges. What are your plans of such enlistment and are you in touch with any exchange?

[XcavatorInternational]

~snip~
As per the need of our project we cannot schedule and plan automated release. Mining equipment gets updated every now and then and the availability is a major issue. In this scenario an automated release cannot be scheduled. Also we will be listing on multiple exchanges and we will be needing liquidity. The team will only hold 10% of the token supply as given in our white paper.

Sorry, maybe I made myself a little bit unclear. What I am asking is not the token allocation for your team, but rather if the team has control over the rest of the total supply. Looking at how it is not automatically released by something like a smart contract certain amount of token every specified and scheduled time, doesn't this means the team hold and has access to the rest of the tokens in order to be able to gradually release them when the team sees the conditions fit.

You are right as the team will have control over the rest of the total supply. As per the demand of our project we cannot automate the release of our tokens. Firstly we cannot be assured of the availability of the latest mining equipments. As we will be using all the funds from the sale of tokens to setup mining infrastructure, if we will automate the release and at that time miners are not available then the mining power per token will go down as the mining power will be less in comparison to our token holders. Also as all other projects hold supply to provide sufficient volume on different new exchanges we also will be doing that.

As we have established that we are on the same page for the case of the token "possession" of your project, I think it is not too exaggerating to think that this method will require the investors to have a very good faith in you not to rug pull, isn't it?

You are right on this part and as every crypto project needs the investors to have a very good faith in them we would also be expecting the same. We have got our Smart Contract Security Audit and Project’s Know Your Company (KYC) completed to be verified. Moreover there seems no reason for the investors to feel unsafe as our project concept is a unique one and we are confident that in a long run we will achieve great heights which is a much bigger picture in comparison to the rug pull which other small crypto might have done.

[XcavatorInternational]

I am interested in knowing what are requirements to mine your token? Like in case of BTC we need ASIC miners that consume too much electricity is this the case with our token also or you have fair chance for everyone in the mining process?

Our token will not be a mineable token. It is a token which will represent mining power in our mining project. We will be mining the most profitable coins in the market and will keep on updating to the latest miners depending upon the price and the availability. Our aim will be to maximise our mining profits.

A coin is known worthy by  exchanges on which its listed. What's your plan of listing your coin on exchanges like binance or other such top exchanges. What are your plans of such enlistment and are you in touch with any exchange?

We have plans to be listed on top exchanges like binance or other such top exchanges but as everybody knows that these top 10 exchanges have a very high listing fees along with strict listing norms in which a new project would find difficult to accommodate, but in future we would surely be listed on them with the faith and support of our community. As you might have read about our concept, we will be using the funds from the token sale to setup mining farms, it would not be suitable for us to divert a majority for listing initially. As of now we are already in talks with top crypto exchanges ranked between 30th to 50th worldwide and very soon we will be finalising and be listed.

[holydarkness]

[...]

Moreover there seems no reason for the investors to feel unsafe as our project concept is a unique one and we are confident that in a long run we will achieve great heights which is a much bigger picture in comparison to the rug pull which other small crypto might have done.

Multiple red flag detected

Yeah, yeah. You're a unique one and aimed to achieve great height. I found that your whitepaper is plagiarized, your KYB certificate belongs to other project and... well, as you've admitted it yourself, you hold the entire token supply. I would invite you to answer and give your defense toward the accusations here

[XcavatorInternational]

Xcavator is delighted to announce that their IEO is confirmed on Coinsbit.io along with the listing. And the IEO sale will start on 18th May 2022.

Xcavator is a state-of-the-art mining project that is revolutionizing the way mining is done so far. It is building an ecosystem that will ensure that people can experience a more optimized way of crypto mining. It will be fun, easy, and highly profitable for the miner.

The aim of the Xcavator is to be part of the professional miners' community making additional profits over domestic mining. The project aims to increase the hashing power for such users and effectively scale up their operations without any hassles to convert mining into profitable assets.

After concluding the Airdrop event on May 8th the team has been announcing the winners on a regular and predefined basis. Now users have an opportunity to buy XCA tokens easily and at the best price by participating in the (Initial Exchange Offering) IEO sale.

XCA IEO Sale detail
Token Price: 0.21 USDT / 1 XCA
Total tokens available in IEO: 7619047 XCA
IEO Sale duration: From 18th May at 12:00 GMT to 31st May 2022 at 12:00 GMT
Min. Investment: 50 XCA
Max Investment: 500,000 XCA
Accepted Cryptocurrencies: BTC, ETH, LTC, USDT, EUR, RUB
Participate in IEO sale here: coinsbit.io

                                                                                                                                                                                                   
The IEO sale will begin on 18th May 2022 and will end on 31st May 2022. In this sale round the price of 1 XCA is just 0.21 USDT, and there are a total of 7619047 XCA tokens available to be purchased.

There are limits on purchases, you can buy a minimum of 50 XCA and a maximum of 500,000 XCA using BTC, ETH, LTC, USDT, EUR, and RUB cryptocurrencies. This is a golden opportunity for crypto investors to buy XCA tokens at very low prices. After this, the price of the XCA token in any sale will not be less than this.

The company chooses the IEO method of coin offering for a variety of reasons, some of them being: investors feel more confident about IEOs, IEO projects are more likely to run smoothly, and investors who offer initial exchanges are more likely to Have a more user-friendly experience.

The process to participate in this IEO sale is also very easy. Visit coinsbit.io create an account there, then verify your email and sign in to the platform. Complete KYC, load crypto funds in your wallet, and then from the navigation bar navigate to Finance>IEO and Token sale launchpad from the navigation bar and then find Xcavator. Now on its IEO sale page enter the amount of XCA token you want to buy, choose cryptocurrency to make payment, and complete the payment process. The purchased amount of the XCA token will be added to your wallet. That’s it.

Xcavator is on its way to reshaping the industry of cryptocurrency mining. It will create a robust ecosystem that will be highly profitable to the miners. People looking for a reliable and profitable project to invest in can check the details and make an investment in the XCA IEO sale.
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[YinShuiSiYuan]

Xcavator is delighted to announce that their IEO is confirmed on Coinsbit.io along with the listing. And the IEO sale will start on 18th May 2022.

Stats of Coinsbit are extraordinary. In 24hrs it has volume of around 1.5 billion USD, according to CMC . I think its a good idea to have your IEO on such exchnage if you are not getting chance on binance. I don't know whether IEOs are hot topics these days or not, in 2018/19 IEOs were more in business.

[ChinkoCharlie]

I would say IEO is still somewhat safe for most of investors that are fearful to invest in crypto that has too much uncertainty. Havent heard about IEOs for such a long time, good to know that this method of getting funds from investors is still alive.

[Championt]

Just wanna know what is needed to mine your token? As you said your algorithm enable miners to efficiently mine the your token and can you share ROI like how much I have to invest in order to get a specific number of your native tokens.

[XcavatorInternational]

Just wanna know what is needed to mine your token? As you said your algorithm enable miners to efficiently mine the your token and can you share ROI like how much I have to invest in order to get a specific number of your native tokens.

Our token is not a mineable token. We will be mining the most profitable cryptocurrencies available in the market through our efficient tools. We will not be giving any ROI as such, the investors will be gaining through the increase in the price of our token because of our dual mechanism of increasing our mining capacity and buyback of our tokens from the market for burning.

[galambo]

Our token is not a mineable token. We will be mining the most profitable cryptocurrencies available in the market through our efficient tools. We will not be giving any ROI as such, the investors will be gaining through the increase in the price of our token because of our dual mechanism of increasing our mining capacity and buyback of our tokens from the market for burning.

Correct me if i am wrong. We invest in your coin and using that money you will mine different profitable coins and that will in turn increase price of your coin and benefit the investors. This is how it will work?