xCrypt: The Next-Gen Crypto Ecosystem

About xCrypt

xCrypt is creating the next-generation Blockchain-based ecosystem required to allow the crypto community to maximize and diversify their portfolios in the volatile crypto marketplace. xCrypt aims to transform the foundation of crypto markets to create a viable trading ecosystem that boosts the adoption of cryptocurrencies. xCrypt platform—to be built on top of Ethereum Blockchain—will be a one-in-all crypto trading platform housing a Decentralized Crypto Exchange, Centrelized Crypto Exchange, STO Listing, ERC20 and ERC721 Listing, and Airdrop Ranking System. With the xCrypt ecosystem, multiple services will be available for users to take advantage of, providing significant space for growth.

xCrypt democratizes crypto trading in the following sense:

Creating more opportunities for traders to buy, sell and exchange their favorite virtual currencies in both centralized and decentralized ways;
Providing start-ups, that intend to use STOs as a means for raising funds, an international platform that allows them to gain global recognition;
Providing Blockchain start-ups all the necessary tools the need to execute and market their STOs securely;
Providing a market for the ERC721 compliant, besides having one for the cryptocurrencies and the ERC20.

Hybrid Exchange

The most important components of xCrypt ecosystem is xCrypt Hybrid Exchange. As we know, Centralized exchanges (CEXs) have become the standard as they provide quick processing of orders (low latency), liquidity, high-frequency, alongside marginal trading tools.

However, while making trusted third-party optional is one of the fundamental benefits of cryptocurrency, centralized exchanges act as third-party intermediaries. This requires users to trust their cryptocurrency funds to be kept safe by centralized exchanges, where there is potential for manipulation, government intervention, and loss of funds through hackers.

Decentralized exchanges help to reduce the risk of front-running as there is no centralized order book controlled by a single entity. At the same time, decentralized exchanges (DEXs) allow users to maintain control and custody of their funds. However, because of a greater push for privacy and anonymity on DEXs, it is difficult to regulate and collect necessary information from users of DEXs.

DEXs do not hold cryptocurrencies or have a central ledger. This bars DEXs from offering efficient latency that would motivate larger investors to participate in these markets to provide more liquidity. Generally, DEXs have lower liquidity than CEXs because of lower users’ adoption and thus, lower trades occurring throughout the platform.

xCrypt offer the functionality, transparency, and liquidity of a CEX, alongside the security of a DEX.

xCrypt Exchange Features

ERC721 Listing

xCrypt is the first crypto ecosystem ready for the ERC721 compliant token. The company strongly believes that the ERC721 has a big occasion for the future.

ERC721 is a more advanced token that is “non-fungible”. Non-Fungible tokens allow developers to tokenize ownership of any arbitrary data, drastically increasing the design space of what can be represented as a token on the Ethereum blockchain.

The biggest differentiator of Non-Fungible tokens is that each one is tied to a different identifier, making each token unique to its owner. This is much different to tokens leveraging the ERC20 token standard, which is a token standard for fungible tokens, meaning each token is interchangeable. In the ERC20 token standard, developers can create any number of tokens within one contract, but in the ERC721 token standard, each token within the contract holds a different value.

xCrypt Ecosystem Advantages

xCrypt Team

xCrypt is founded and led by Loren Minel Andronie. Loren is an entrepreneur with years of experience in building strategic partnerships and business development strategies.

To bring xCrypt to life, Loren has assembled a team of professionals and experts, including: Ionut Gabriel Parfene (Co-Founder & CTO), Mauro Andriotto (CO-Founder & CFO), Alecos Colombo (Project Manager), Cristian Barbu (COO & Senior Developer), Andrei Stefan (Research and Development Officer), Cristian Adrian Ciuca (Blockchain Developer), Smeu Claudiu (Online Marketing & IT Infrastructure), and Velicu George (Co-Founder & CIO).

For more information about the project please visit :

Website: http://www.xcrypt.club/
Bitcointalk: https://bitcointalk.org/index.php?topic=4993175.0
Instagram: https://www.instagram.com/xcryptclub/
Twitter: https://twitter.com/xcryptclub
Facebook: https://www.facebook.com/xcryptclub/
Telegram: https://t.me/xcryptclub
YouTube: https://www.youtube.com/channel/UCSTVlIYw7fj9PrVu9FYKKVQ
Medium: https://medium.com/@xcryptclub
Reddit: https://www.reddit.com/r/xCrypt/

Author

Forum Username: binar234
Forum Profile link: https://bitcointalk.org/index.php?action=profile;u=2053245
ETH address : 0x573E9730fe386661F91D9189A0330ce577df0175