BITXOXO ICO SUMMARY

in crypto •  6 years ago 

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Summary:
Name: Bitxoxo
Token Symbol: XOXO
Website: https://bitxoxo.exchange/
White Paper: https://www.bitxoxo.exchange/Bitxoxo_Whitepaper.pdf
Hard Cap: $27,500,000
Token Price: 1 XOXO= $2
Bonus: None
KYC/Whitelist: Whitelist
Token Type: ERC20
Restricted countries: None
Start and end Date of ICO: Started and will end on 31st May 2018
Token Distribution: 1 Week after the end of Token sale.

Project Overview:
What does the company do?
• Bitxoxo is a Blockchain based Bitcoin exchange company with an experienced founding team, having more than 15 years of experience in the crypto currency trading.
• The company focuses on selling, buying, gifting and exchanging Bitcoins with a focus on trust, security, and reliability.
• It has a fast execution system designed with high concurrency to process thousands of trades per second.
• It also comprises of an automated system of real time trade through which all the buying/Selling trades are processed instantly.
• Mobile Optimization is also introduced enabling the users, referrers and authorizers to work from any mobile device.
• Blockchain based financial system technology, which uses an internet network that doesn’t depend on a single server.
• Bitxoxo offers an incredible customer support to its users.
• The company is running since 2016 witnessing much success and is growing rapidly to become a leading exchange company in the immediate future.
• Security is of course, the most important feature, and therefore is of top priority in this company. The company provides top security to its users. Funds security and user information, everything is secured.
• The company also aims to enhance and improve end-to-end security measures, auditing processes and reducing the ‘attack surface’ of the infrastructure to prevent breaches.
Roadmaps of the project:

  1. Q1 2016
    • Bitxoxo Incorporation
    • Platform Development

  2. Q2 2016
    • Development & Testing of Bitxoxo Platform

  3. Q3 2016
    • BITXOXO
    • Bitxoxo Platform was launched
    • 10,000 Users

  1. Q4 2016
    • Bitxoxo platform reached 10,000 active Users.
    • Millions worth Transactions

  2. Q1 2017
    • Bitxoxo platform crossed transactions worth Millions.
    • Referral System

  3. Q2 2017
    • Launched Referral System where users and refer their family & friends and earn bonus.
    • 100,000+ Users

  4. Q3 2017
    • Reached a milestone of 100,000+ active users on our platform.
    • We've a new look

  5. Q4 2017
    • Bitxoxo went under a complete Rebranding.

  6. Q1 2018
    • Bitxoxo App
    • Bitxoxo App launched (Both Android & iOS)
    • ICO Token Sale

  7. Q2 2018
    • Bitxoxo ICO Token Sale & listing in top global exchanges

  8. Q3 2018
    • BCH Marketplace
    • BCH multi-currency marketplace
    • Bitxoxo Debit Card

  9. Q4 2018
    • Bitxoxo Debit Card launch

  10. Q1 2019
    • We are going places
    • Demographic Expansion in 3 more countries (Singapore, Australia & UAE)
    • Crypto e-University

  11. Q2 2019
    • Start e-university Certification Program for BCH Education

  12. Q3 2019
    • BCH PoS
    • Point of Sale (PoS) system specifically for BCH
    • Bitxoxo Incubator

  13. Q4 2019
    • Bitxoxo incubator to help blockchain startups

Role and function of Tokens:
• Bitxoxo(XOXO) token is used on Bitxoxo Exchange as Utility token. XOXO token will be tradable on major exchanges around the globe.

Team:

Token Metrics
Symbol: XOXO
Token Supply: 20,000,000 XOXO
Token Type: ERC20
Pre-ICO Sale Tokens: 5,000,000 XOXO (completed)
ICO Sale Tokens: 10,000,000 XOXO
Tokens for Founders, Advisors and Team: 5,000,000 XOXO
Token Price during ICO-Sale: $2/XOXO
Unsold Tokens: Will be kept by company with a vesting period of 1 year and will be used for future developments.

Concerns:

Conclusion:

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