XT digital currency platform Li Mingjun

1. Generally, the ranking is not reliable for two reasons:

1. Trading volume. Bitwise and Bti reports show that most of the trading volume of the head exchanges is water injection or "washing volume". Domestic exchanges are more serious, and even some exchanges have washing volume as high as 90%. Specifically, I don't guide public opinion and have no interests. You can search by yourself according to the above keywords. There are a lot of news< 2. Advertising strategy of ranking platform. At first glance, you may feel fair and beautiful, but where you don't easily pay attention, the operation of these platforms is very sneaky. For example, if you look at the second page of some ranking platforms (because you only pay attention to the first page, and the second page will not turn), all kinds of ghosts and ghosts are on it, and the weak trading volume is also on it. It's a shop bully. So we still have to clean our eyes

how to choose? Move back the priority of trading volume in your mind, and see what negative comments the exchange has, what controversial currencies are on it, and what functions you want to try. Just sort them out by yourself.

2.

At present, whether a digital currency is a valuable currency basically belongs to the "angel wheel" stage. There are three criteria to determine whether a digital currency is a valuable currency: one is the team, the other is the economic model, and the third is the instry demand

The randomness of the

team is too great, so we will not discuss it here. This paper first makes a detailed analysis of the economic model of digital currency. In the following article, the author will analyze some digital currencies according to different instries

Strictly speaking, the economic model involved in this paper is not completely equivalent to the concept described in economics. Especially in digital currency, currency consensus mechanism and incentive mechanism

Consensus mechanism is the strategy and method for each node in the blockchain system to reach an agreement, which should be selected flexibly according to the different types of system and application scenarios

common consensus mechanisms include pow, POS, dpos, pbft (and its variants), etc. In addition, based on the different application scenarios of blockchain technology and the characteristics of various consensus mechanisms, this paper evaluates the technical level of various consensus mechanisms according to the following dimensions:

A) compliance supervision: whether super permission nodes are supported to supervise the nodes and data of the whole network

b) performance efficiency: the efficiency of reaching a consensus and being confirmed

Resource consumption: CPU, network input and output, storage and other computer resources consumed in the process of consensus

d) fault tolerance: the ability to prevent attacks and fraud

1 instry background

looking for Instry pain points: asset management needs professional team and knowledge, but now most digital currency investors do not have it; The fluctuation of digital money market is huge, and investors can't keep the value of assets in the falling market

2 own advantages

in the stock and futures markets for many years, has a mature and high-quality asset management team; AI big data team has strong technical strength

3 Market Research

after market research, it is estimated that the market value of asset management will be about US $1 billion in the next five years

4 total amount of digital currency

after considering the expected asset management market value, development cycle and difficulty, we will consider issuing 2 billion pieces of XT based on Ethereum erc20 digital currency, and never issue additional ones

5 allocation method

early stage investors hold 10%, teams hold 20%, business operation 10%, community construction 10%, and investors hold 50%

6 digital currency release / repo mechanism

the release mechanism can be divided into three categories:

the first category: the money holding part of business operation is fully unlocked, and the purpose is limited to business and operation activities

the second type: the release mechanism of community construction is that community members release exclusive information, cooperation platform release exclusive project progress and so on. According to the number of participating IDS, the corresponding proportion of XT is released (publishers and participants get 50% each) until all the releases are completed (after the release, the follow-up reward comes from the platform profit pool)

the third category: investors hold the mainstream digital currency, conct asset management in the platform, release a certain amount of XT according to the exchange ratio, and the early investors and the team hold part of it synchronously and unlock it according to the proportion

the repo mechanism is: 50% of the profit (in XT) will be returned to the holder; The rest goes into the platform profit pool, and 50% of XT in the profit pool is destroyed monthly until the total number of XT is 1 billion; The rest will be used as platform ecological construction fund

7 digital currency equity

profit sharing: holding XT is for platform users, and they can enjoy 50% of platform profits

platform Governance: participating in platform activities, enjoying XT awards and airdrop activities of other project parties

function customization: Based on platform AI big data, investors can purchase services optimized for indivial trading strategies