XCRYPT - ERC721 Digital Currency Trading Technology

samuraijin May 03, 2019

Hello everyone,

 Problems
The full ERC is Ethereum Request for Comments, which means an update in Ethereum's blockchain system, which is a set of standards, regulations, and specifications that a token must follow when developing on the birth system. status of Ethereum. Before being officially adopted, the ERCs must be approved and accepted by the Ethereum community. What characteristics does ERC 721 token have? And are there other outstanding proposals on the Ethereum system? In this article, we will learn about the expected ERC versions of the Ethereum community.

 In early December 2017, the virtual cat game Crypto Kitties appeared and slowed down the entire trading system of Ethereum. Virtual cats have attracted a lot of attention from investors or the electronic money community right from the release. What is special here is that each cat represents a unique token and cannot be replaced by any other token (also called non-fungible token). After the game was released, more and more people wanted to own these cats, and thanks to its scarcity, the value of Crypto Kitties was formed. This is the appearance of ERC721 and the not-fungible token concept in Ethereum system.

 The majority of fungible-token is created using the ERC-20 standard. For simplicity, imagine each of these tokens is a $ 10 bill. If you send a token to someone and receive another token a week later, they will be identical.

 But it also has drawbacks. Non-fungible token has not been accepted as quickly as some hope supporters. Partly because the ERC-721 protocol is too new. It is also complicated and time consuming to decentralized application development for non-fungible token. With that disadvantage, most of the digital currency trading floors today use very little ERC-721 technology. However, there is a project built to overcome those shortcomings and make it a leading electronic money market based on ERC-721 blockchain technology. That is the xCrypt project. So what is xCrypt?

 About the xCrypt project

XCRYPT is the first high-value pre-electronic ecosystem with the exchanged heart: Hybrid, ready for STO and for a market created for ERC721. We have created this terminal system including Debit Card and Social Media Trading system, which is an advanced investment solution that allows trading on an account managed by a trader. skillful and experienced using their own money and general funds because other traders invest in his SMT account. This ecosystem was created on the same level as the major players in the world and even surpassed them, because we have adapted in the future of this field.
XCrypt is a trading platform designed to exchange and trade coins in peer environments. XCrypt token can also be purchased and sold in both fiat currency and alternative electronic money. In addition, the price of the currency will be determined by different market forces and electronic money exchange systems. The price of a coin has no maximum, which means it can increase remarkable values.
The XCrypt exchange platform will support all 100 top electronic currencies and many fiat currencies. Electronic currencies will be carefully selected based on currency liquidity and needs to ensure that all electronic currencies are on xCrypt. Finance is very positive and valuable for wallet users. In the future, based on market demand, we can expand the amount of money that the wallet supports.

 Outstanding features of xCrypt

  • Full compliance trading activity
  • Trading + Social trading platform
  • Withdraw FIAT from electronic money | Storage of FIAT and electronic money - Transaction Bot is custom built | Airdrop rating system
  • Erc 20 | 721 | Membership
  • ZERO fee | Securities token
  • Reliable digital wallet | 100% encrypted platform
  • Multilingual platform |
  • Quick deposit and withdrawal of money - FIAT and electronic exchange
  • Make payments with FIAT and electronic money
  • Provide tutorials and webinars from expert traders
  • User-friendly website interface and mobile application

About xCrypt token
XCrypt token has a limited number of tokens, limited to 200,000,000 tokens.
  • Token: XCT
  • Type:
  • IEO launchpad Utility : IDAX Launchpad
  • Price: 1 XCT = 0.1 USD
  • Platform: Ethereum
  • Soft cap: 1,500,000 USD
  • Hard cap: 7,000,000 USD
  • Country: Malta
Initial Token Distribution & Sale Proceed Allocation


Roadmap
  • Q4 – 2017: XCRYPT PREPARATION AND PLANNING
  • Q1 – 2018: TEAM PUT TOGETHER
  • Q2 – 2018 (A): PREPARING FOR ICO
  • Q2 – 2018 (B): ATTRACTING MEDIA AND ADVISORS
  • Q3 – 2018 (A): SETUP LOCAL OFFICES AND PRIVATE SERVERS
  • Q3 – 2018 (B): HIRE 3 SEPARATE TEAMS OF CODERS
  • Q3 – 2018 (C): SOCIAL MEDIA PLATFORM + APPS
  • Q4 – 2018 (A): (DEX)DECENTRALIZED EXCHANGE PLATFORM
  • Q4 – 2018 (B): TESTING BETA DEX PLATFORM
  • Q1 – 2019: (CEX) CENTRALIZED EXCHANGE PLATFORM
  • Q2 – 2019: DEBIT CARD INTEGRATION
  • Q3 – 2019: MARGIN TRADING/ LENDING
Team


Partners


Conclusions
With XCrypt's strong difference compared to other digital money trading platforms XCrypt is looking to create a market based on erc721, which will open a new future for the digital money market. The XCrypt market is a decentralized market for electronic money assets, including collectibles, game items and other digital goods supported by a blockchain like Ethereum. On xCrypt, you can buy or sell any of these items through smart contracts, which means that no central agency holds the right to monitor for your items. If you are using a desktop computer, you will need to install the meteamask in your browser to use the xCrypt market. You also need to fund your account with Ether to purchase an item on xCrypt.





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