though many ideas from this project but do not have anything new they have and the fact that they now have a territorial limitation, even off-putting .
What do you mean by this? A lot of serious companies need to have territorial limitations so that they comply with the local laws.
If you check the roadmap you will see that they are planning to expand to other counties. Personally i don't think this is a problem, they will be able to market and put their attention on India to begin with (which is a huge market), and when the exchange has gotten a steady foothold they expand to new territories.
It is true that India has some limitations, but I think that solutions are being found and the proof is that there are other projects based on blockchain that are receiving important support from the representations of that nation. Check out this tweet:
https://twitter.com/nuggetsPAYandID/status/994260848301494274The Bitxoxo team has a great idea backed by important advisors. Hard work ahead awaits Bitxoxo to complete the Roadmap to achieve success!
yes, they are planning to expand to other countries. india's largest exchange Bitxoxo shifted its operations to and is now incorporated in Australia and setting its sights on expanding into Singapore and the Middle East. the team is on the verge to complete all the legal compliance associated to run the cryptocurrency exchange.