Ethereum Pink is a base of our two major projects XcentrieX and Quient, both of these projects are fully decentralized. XcentrieX is a project about crypto-trading exchange, wallet, and a wide range of plastic and virtual debit and credit cards loaded with a lot of features with no extra cost, as well as the Quient is a blockchain based cloud data storage projects with small subscription fee for Business and free for Individuals.
Ethereum Pink is a standard ERC-20 token on the Ethereum network.
Ethereum Pink is fully decentralized platform based on the Ethereum structure. Ethereum Pink is a base of our two major projects which are XcentrieX and Quient, both of these projects are decentralized. XcentrieX is a project about crypto-trading exchange, wallet, and a wide range of plastic and virtual debit and credit cards loaded with a lot of features with no extra cost, as well as the Quient is a blockchain based cloud data storage projects with small subscription fee for business and free for Individuals. As we said Ethereum Pink is an asset for our two major projects which are XcentrieX and Quient, while funding process for both of our projects will be done by Ethereum Pink also profits will be returned to our investors through Ethereum Pink.
Ethereum makes our project more stable because within two months, the market capital of Ethereum, is the second largest crypto asset in the market. Analysts state that the current price floor of Ethereum is more stable than before. Bitcoin and Ethereum each have a decentralized blockchain, but that's where the similarities end. Ethereum blockchain is highly adaptable and can be used for a variety of purposes. We are launching a globally trading and storage platform with an associated suite of services that brings together the entire global network of individual and cryptocurrency exchanges. Because we are providing some financial services like credit card, debit card, and virtual card to our customers so if any customer wants to take advantage of these products, then it is mandatory to complete his KYC first.
XcentrieX is a financial platform and with the help of this platform we are facilitate to our customers with a decentralized crypto-currency exchange, wallet and three type of cards which are XcentrieX plastic debit card, virtual debit card, and credit card. We are trying to provide the cost- effective crypto-currecy trading facility with our XcentrieX project, we have decided to make profit with only 0.10% trading fees. We will not charge any person to list their crypto-currency on our exchange because many cryptographic tokens launch every day with their projects and they want to start trading with their assets. There is a KYC step for the company or project holders in the exchange because we are highly responsible for the safety of our customers. There is no other charge for deposit and withdraw but there is a monthly withdrawal limit for individuals, if any person wishes to be free from a monthly limit, there is also a KYC program for individuals. XcentrieX exchange is completely decentralized and there is no mediator between you and your money. Since XcentrieX exchange is completely decentralized, no KYC required to register a new account with XcentrieX or make a deposit and withdraw but in this case, you will be able to use only decentralized way. If anyone wants to use our cards services then KYC will be mandatory for them because it is a centralized way to spend money.
In starting we are adding five crypto-currency for initial deposit and withdraw, also, you will be able to easily transfer your crypto currency to any other exchange. or you can easily deposit and withdraw through XcentrieX wallet. Five cryptocurrency options are available with the initial release of XcentrieX platform which are Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Lite Coin (LTC), and Ripple (XRP). In this cryptographic world, a new blockchain program is being developed every day, if any other cryptocurrency comes into market and becomes popular, then we will use it as a deposit and withdrawal option on our XcentrieX platform. Balance transfer between XcentreiX wallet and exchange is completely free.
UI Designing for both Projects.
In the first and second quarter of 2018, we have successfully developed UI designs for XcentrieX and Quint Projects on all different platforms. UI designs developed for online dashboard for XcentrieX and Quient, wallet app on different platforms, and card designs.
Fund Raising for both Projects.
Now in the second quarter we are raising fund form ICO, which will complete in three rounds. We have successfully completed our soft capital with our internal investors and now we are raising our hard capital form initial coin offering, when first round of ICO will be complete, we will start working on our 3rd milestone.
Internal Development for both Projects.
We are taking three months form third and three months form fourth quarter of year 2018, at this stage we have successfully funded for both of these projects. Now we will start the internal development of these projects. We are going step by step, in the first phase, our team will work on the structure of XcentrieX and Quient online platforms, in the second phase the desktop app will be developed, in the third phase the mobile app will be developed and the rest of the work will be completed in the end.
Integration of Programs with Hardware.
After completing our hardware marketing, we have taken two months from first quarter of 2019. In this milestone we will integrate the programs with hardware. This will be the second last step of launching both of these projects in public.
Testing and Security Check with Bounty
When we are successfully integrating our programs with the hardware we will start several campaigns for testing and security checks with the bounty programs and for this event we are taking one month of 2019. Finally, both of our projects will be online on 1st April 2019. And we are listed on several cryptocurrency exchange with XcentrieX.