X8 Project developed two Ether Tokens: X8Currency (X8C) that is fully backed with 8 fiat (cash) currencies + gold and X8X Utility Token, that is used as a key to issuing and exchange process of X8C with 0% fee at a fair value. Cash & gold assets, used for backing of X8Currency are activelly managed by AI propriety software, that was tested and approved. X8X Utility Token is offered on Whitelist pre-sale and will enable early contributors to obtain their own X8Currency with no additional costs at the issuer, a Swiss based and legislation complient company X8 Capital AG. X8Currency is not backed with only one fiat currency, but uses a combination of 8 fiat currency baskets and gold. It is stable and exchangeable directly at the issuer, offering distributed exchanges a suitable solution for fiat exit point. X8X is a pure utility token, a key to access the X8Currency exchange services. Dual Token Model separates the value preservance role of X8Currency and utility role of X8X.
|Category||Trading & Investing|