Xchangerate Platform

larrybsbs (11)in #cryptocurrency • 7 years ago

The Xchangerate Robot gathers data across multiple platforms for analysis using metrics for intelligent filters. These data have structures that give them immense historical value that can be used for trend and forecasting. XRR implementation of these structures will allow for the archiving of these data assets in patterns that breaks specific user information away to store data, data sources, strategy and time in a way that can be used for valuable analysis. This will be an age long commitment XRR team will engage to leave these data as contribution for analyzing markets – a valuable tool for research.

How does it work?

Xchangerate frees the trader from the complexity of reading graphs and charts and helps the trader by presenting readable data easy to interpret for immediate automated or informed decision-making. Essentially, the product is a Trading Robot that combines these feeds to determine its intelligence. The intelligence enhances market movement picks and helps the robot in making entry and exits with accuracy. The Uniqueness of the XchangeRateRobot lies in its ability to create a comparative of metrics across all the coins on an exchange by using the metric sorting mechanism. This simple but powerful method empowers the trader with the ability to always make the best decision per time on filtering coins with the acceptable growth indices.

Building the Robot

XchangeRate is a platform that will keep increasing the number of supported exchanges it trades with via API. XchangeRate is intended to be a web application that will be responsive on smaller devices. The product’s platform will support and advertise via crowd sale. Xchangerate uses API from the most trusted sources including cyptocompare.com, coinmarketcap.com and all supporting exchanges. Decision making The XchangeRate Robot is built upon a series of algorithms to detect and make decisions on buy/sell attitudes. The Relative Strength Index, or RSI, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. Signals can be generated by finding divergences and failure swings. RSI can also be used to identify general trends.

Business Model

The Xchangerate business model combines the subscription model and the internal value chain of tokenized-incentive-based strategy model. Xchangerate charges minimal subscription fees to subscribers who run the Automated bot and the Coin Monitoring Board using the Bitcoin or XRR Tokens. However, internally the XRR Coin is the currency that would be used to exchange value between the strategy initiator and the strategy adopter, with a fee for such transaction on the Xchangerate platform.

Token Sale

Pre-Sale Launch March 20th – April 5th 2018
Crowd sale Launch April 12th – May 9th 2018
Pre ICO

Duration 10 days
40 million tokens + 12 million Bonuses
1 ETH = 20,000 XRR + 30% Bonus
Minimum Purchase is 1 ETH or 0.10 BTC
Soft Cap including Private Sales Cap = 2000 ETH or 200 BTC
ICO stage 1

Duration 1 week
40 million tokens + 8 million Bonuses
Minimum Purchase is 0.10 ETH or 0
1 ETH = 10,000 XRR + 20% Bonus
ICO stage 2

Duration 1 week
40 million tokens + 6 million Bonuses
Minimum Purchase is 0.10 ETH or 0.01 BTC
1 ETH = 10,000 XRR + 15% Bonus
ICO stage 3

Duration 1 week
40 million tokens + 4 million Bonuses
Minimum Purchase is 0.10 ETH or 0.01 BTC
1 ETH = 10,000 XRR + 10% Bonus
ICO stage 4

Duration 1 week
40 million tokens + 2 million Bonuses
Minimum Purchase is 0.10 ETH or 0.01 BTC
1 ETH = 10,000 XRR + 5% Bonus
Crowd sale Total estimated amount = $16,000,000
Duration 7 weeks
Soft Cap = 2,000 ETH or 200 BTC
Hard Cap = 16,000 ETH or 1600 BTC •
1 ETH at Base Price of Cut-off Date for Pre ICO Launch Date
1 BTC at Base Price of Cut-off Date for ICO Launch Date All unsold tokens will be burnt

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