Exenium is a fully functional cryptocurrency exchange implemented as a chat-bot for the most popular messengers. XNT is a digital token released for the purpose of attracting a large number of users on the Exenium Exchange. A legal review conducted by our team ensures the full compliance to new regulations on Initial Token Offerings.
The XNT Digital Tokens will be accepted by Exenium for the payment of new token listing, ITO campaign conduction, internal exchange services, and trader status acquisition. Each Exenium Token spent by a user will be removed from circulation, i.e. “burned”. Paying with tokens within the system will be advantageous, since the user will receive an additional 10% value to the exchange rate at that moment. The use of XNT to pay for the exchange’s services will be more beneficial than any other fiat or crypto currency.
By launching the ITO campaign, Exenium is pursuing two main goals:
1. To draw users on the exchange to increase the trading liquidity.
2. To raise the funds necessary for the comprehensive development of the platform
Exenium Exchange will focus on increasing the trade volume, price and market capitalization of its own token. For this purpose, we will increase the amount of XNT trading tools. When listing new tokens, the XNT/NewToken currency pair will benefit from preferential treatment. Considering the projected growth of trading operations, this approach guarantees the increase in demand for the XNT digital token.
The XNT digital token will be released on the Ethereum platform, according to the ERC20 standard. The token contract will be released after the ITO, when the emission quantity will be established.
Overall emission amount is to be determined after the end of the ITO campaign. The amount of tokens released will be depend on the needs of the users of the Exenium platform, taking into account bonuses, bounty programs and developer pool.
All exchange users can participate in the ITO. To purchase XNT, a personal deposit address is generated, to which the user then sends BTC or ETH. After the confirmation of the deposit, the user then selects the desired amount of XNT to be purchased. All the BTC and ETH spent is then transferred to an escrow wallet, or escrow smart contract in case Ethereum is being used. The XNT tokens are credited on the user’s internal account, together with all applicable bonuses. After the end of the ITO campaign, the users will be able to withdraw XNT to their ETH wallets. In order to do so, the investor must specify a valid ETH address in the ITO section.