Xcrypt Develops A Single Platform For ERC 20, ERC 721 Tokens And STO: Creates Advanced Investment Solution - A Quick Review.

in #xcrypt • 5 years ago (edited)

The Ethereum network has standards for tokens to be created on it. Anyone can approach the Ethereum network to create token for themselves. The creator is required to provide details and set standard using the parameters provided by the network based on what he wants the token to be used for. This article will focus basically on review of a project. But it is important to have a quick glance at the Ethereum Token Standards since its core service revolves around an Ethereum standard.

images (1).jpegsrc

An Ethereum Token takes its form from ERC standard which is an acronym for Ethereum Request for Comments and can be any of the following type of standard: ERC 20, ERC 721, ERC 223 etc. The common standard is the ERC 20 proposed by the Ethereum co-founder - Vitalik Buterin in 2015 which allows for a token created on the Ethereum network be re-used by other applications and can be moved even between wallet to decentralised exchange. Majority of ICOs (Initial Coin Offerings) between 2016 to 2018 adopted the use of ERC 20 standard for fundraising.

src

However, other ERC standards like ERC 721 has the potential of doing exemplary if with the right use cases. It is quite different from ERC 20 due to its non-fungibility. The fungibility of the former denotes how it can be replaced by same amount of token in different wallets with no significant difference.
An ERC 721 token can never be the same with another. It is good in using to represent ownership of physical assets such as landed property etc. Cryptokitties as an online game platform unanimously utilizes ERC 721 token was so much known between 2017 to preceding year. A major setback for this token standard is the absence of market for it.

ERC 721 has a bright future? "Says Xcrpt"

Most if not all of today exchanges give no fertile ground for ERC 721. Theirs and attention is basically for ERC 20 tokens. One may agree due to the days of increasing number of ICOs using ERC 20 tokens contributed majorly to the neglect of the non-fungible ones. It may have seemed like the end is near for the desserted but Xcrypt as a crypto platform has assured its future through the provision marketplace for ERC 721, ERC 20 and STO in its hybrid exchange. A view of video below explains the concept of Xcrypt.

src

What makes Xcrypt exceptional

  • Guaranteeing the future of projects using ERC 721 token standard through its already available Marketplace for it.

  • Available platform and Marketplace to list and trade STO and ERC 20 tokens . It is also in compliance with the securities token regulations and requirements.

  • Inbuilt gateway for storing and withdrawing FIAT from cryptocurrencies.

  • It is a platform for multiple language to aid it's social trading objective.

  • A fully encrypted platform with secure and reliable digital wallet.

  • User can exchange and make payments with FIAT and cryptocurrencies.

  • Ancillary service - makes available to users videos and tutorials on trading by experts.

  • Among others, unlike current exchanges with average fee of 0.2% it charges no trading fee.

Amazing Reward Model Vs Aidrop Ranking Program Vs Benefits

Of all the attributes of Xcrypt, this is standalone due to its immense benefits to the XCT (Xcrypt Platform Token) holders including upcoming projects looking to create effective awarenesses for their projects. Xcrypt prepares a blend of required tools for a project to fully exist and succeed ranging from fundraising, creating awareness for the project, getting investors attention, to listing and sustainable.

XCT holders will be rewarded through the airdrop ranking system to encourage retaining the token thereby creating a great value and healthy state of the network. One of the interesting social platforms on Xcrypt is Vimeo. Vimeo is a platform for managing, buying and selling videos. Read more here

Xcrypt solves a great deal of problems facing projects by offering a full support package from birth to growth to sustainability. I have no doubt as to extent this project can go.

Going by a quick scan of the brains behind Xcrypt projects, I'll introduce few of the team members. Full details of team is available here

Loren Minel Andronie (Founder & CEO)Ionut Gabriel Parfene (Co-founder, CTO)
avatar.loren.a.jpgteam2.jpg
LinkedInLinkedIn
Entrepreneur with years of experience in building strategic partnerships and business development strategies. He is a growth-focused and results-oriented leader with a proven history of bringing industry insights and pragmatic solutions to key business challenges. Former CEO of nCrypt and Privacy Services S.LWith over 11 years of experience in software engineering, security and bug analysis. Responsible for tehnical implementation on the xCrypt platforms, Ionut has launched and developed a number of complex IT projects from scratch.
Mauro Andriotto (Co-founder, CFO)Alecos Colombo (Project manager)
mauro.jpgalecos.jpeg
LinkedInLinkedIn
He teaches finance and risk management at Bocconi University, University of Pisa and University of Geneve - UBIS. He is also the founder and managing partner of : Andriotto Financial Services (AFS)--> traditional corporate finance, risk management and quantitative models for big corporations (one of the main client is a big-4 company); foundstartup and creastartup --> startups fundraising strategies (VC, BA, FO) ICO Advisors --> cypto currency creation, Initial Coin Offering, crypto-investment management.Ideas and Solutions Developer in the Blockchain field with proven direct experience. Product Manager and ICO strategist. Highly curious and early Blockchain beliver.Founder of Blockchain J.E.D.I no profit org.

Token Sales

As at the time of writing this post, Private sale is on. You can participate in the ongoing offer by registering here

Token details

There will be total supply of 200,000,000 XCT. 130,000,000 XCT is available for Public Sales.
Initial price for both categories of sales is 0.10 USD. Private Sale Bonus 50% to 100%

For further enquiries, connect with Xcrypt through any of the following pages

GitHubMedium
TelegramTwitter
RedditFacebook
YouTubeWhitepaper
LinkedInBitcointalk

Website

Disclaimer:

You're to also do your own research as well.

This Article is originally created by me. See my Bitcointalk profile here

@Bob-elr

#cryptocurrency #stach #teardrops #blog
5 years ago in #xcrypt by
$0.02
  • Past Payouts $0.02, 0.00 TRX
  • - Author $0.02, 0.00 TRX
  • - Curators $0.00, 0.00 TRX
19 votes
Reply 14
Sort:  
  • Trending
    • [-]
     5 years ago 

    It is a good idea to make bring ERC 20,ERC 721 and STO tokens in one place. This is a good development.

    [-]
     5 years ago 

    Yeah it is. Good to see around bro.

    $0.00
      Reply
      [-]
       5 years ago 

      Hello bob-elr, welcome to Partiko, an amazing community for crypto lovers! Here, you will find cool people to connect with, and interesting articles to read!

      You can also earn Partiko Points by engaging with people and bringing new people in. And you can convert them into crypto! How cool is that!

      Hopefully you will have a lot of fun using Partiko! And never hesitate to reach out to me when you have questions!

      Cheers,
      crypto.talk
      Creator of Partiko

      [-]
       5 years ago 

      Was trying to avoid reading through this but...I'd haclve really missed something,wow!!

      [-]
       5 years ago 

      Hey bro. Good to see you here.

      $0.00
        Reply
        [-]
         5 years ago 

        Great to be here too

        $0.00
          Reply
          [-]
           5 years ago 

          Good idea for putting erc721 tokens in mind while building the project

          [-]
           5 years ago 

          I can't wait to see the adoption of this method.

          $0.00
            Reply
            [-]
             5 years ago 

            Nice write. Another cool review. The project is quite different from all you often drop. Keep it up

            $0.00
              Reply
              [-]
               5 years ago 

              Thank you Juliet.

              $0.00
                Reply
                [-]
                 5 years ago 

                First time to hear something like erc 721. Interesting...

                $0.00
                  Reply
                  [-]
                   5 years ago 

                  Lol. There is. Many of them. You just need to cultivate the habit of reading and researching.

                  $0.00
                    Reply
                    [-]
                     5 years ago 

                    Congratulations @bob-elr! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

                    You received more than 10000 upvotes. Your next target is to reach 15000 upvotes.

                    You can view your badges on your Steem Board and compare to others on the Steem Ranking
                    If you no longer want to receive notifications, reply to this comment with the word STOP

                    Vote for @Steemitboard as a witness to get one more award and increased upvotes!
                    $0.00
                      Reply