Is this something like Icn(Iconomi) with one difference> this is going to diversify in fiat currencies, Icn is diversifying in cryptocurrencies.
Mate 2 days is very short, you need to give investors more time, there are only 11 days left. if Eth stabilizes @current price, you could see
Some entries in the second day, many of Ico investors would invest if they see others are investing.
Hello. Unlike ICN, X8currency is a single token backed by an active basket of fiat and gold. Also, the target here is value preservation not yield.
As for the time, if the hard cap is not reached, the period of the crowdsale is long enough to attract more contributors.
X8X is an utility token that can converted into X8C.
X8C is a token backed by top fiat currencies + gold
is this mean you are asking people money and you will trade our money in forex market (Either leveraged or not leveraged) ?
Can i convert my X8C into a hard cash?
if yes ,If i have 1000 X8X, how much X8C i will have if i decided to convert it (excluding fees ) and how much fiat i can have if i decided to sell my X8X to you?
If not, please explain ?
Are you trying to create a hedged portofolio with X8C?because as far as i know , with your fiats and metal basket, we can create a perfect triangular (Or maybe Quadangular ) hedge
How your ARM AI works in simple plain english language? you analyze EUR will stronger than USD, than you sold all of your basket , exchange it with EUR, and sell it for USD after the bull run end?
ARM AI executes transactions in milliseconds evaluating the cost of transaction and exchange rate. On the most simple level it buys currencies low and sells high. Every X8C token will be 100% backed and is non-leveraged. The client's holdings will be instantenously split between the 9 currencies of the basket and automatically managed by ARM AI for the benefit of value preservation. X8C will be convertible into fiat at any time at our company X8 Capital AG. With 1000 X8X you can get 1.000.000 X8C and there is no fee involved at any time. We wil not be interested in buying X8X, you will have to find buyers on exchanges. We wil always issue new X8C to X8X holders or redeem their X8C for fiat at fair value.
X8C will indeed be used as a hedge, but unlike conventional porfolios it will be managed by AI which will be trading continuously targeting value preservation and 1-3% yearly yield. The ratios of currencies in the basket are adjusted on the basis of milliseconds.