Xenia Lending Coin
Xenia Lending Coin ICO details
Start Date: 2018-5-26
End date: 2018-7-24
- Category: Cryptocurrency
- Token: XLT
- Platform: Ethereum
- Type: ERC20
- Initial price: 1 XLT = 0.00118656 ETH
- Accepting: BTC ETH Fiat
- Soft cap: 25 000 000 USD
- Hard cap: 100 000 000 USD
Xenia Lending Coin – WE ARE XENIA
XENIACOIN (xen) is an asset-backed cryptocurrency that’s been designed specifically to provide a safer, more accessible gateway to cryptocurrency investment than is currently available. XENIACOIN is the primary digital token used on the SIX38PPN platform (www. six38ppn.com). Xeniacoin will be the primary token used on the platform.
The Six38Peer2Peer Network is an independent venture capital platform for crowdfunding where aspiring entrepreneurs from Africa can receive funding for projects they are passionate about by pitching their innovative ideas to our team of professionals.
This platform further integrates 9 interdependent subsections, which are:
XENIACOIN is based on ETH blockchain, which integrates Smart Contract technology and ERC20 standard. As an ETH token and an open protocol for decentralized exchange on the Ethereum blockchain. It is intended for use on the Six38Peer2Peer Network as the major exchange currency and it presents a value proposition that is second to none for all holders of the coin.
XENIACOIN allows its owners to diversify their portfolio, it enables asset owners to unlock the value of assets by creating and selling their asset tokens. The SIX38PPN platform (www.six38ppn.com) extends liquidity and stringency of assets and reduces transaction costs. It provides XENIACOIN holders with stringency price discovery and diversification across multiple asset classes as it allows the creation or listing of third party asset tokens compliant with the SIX38PPN platform disclosure and legal structure rules.
An investment in XENIACOIN is one targeted for the future today. Because the business focus of the Six38Peer2Peer Network is on Africa, you are sure of laying hold on one of the most lucrative markets in the world through the various investment assets engaged on the Six38Peer2Peer Network. Indeed, bitcoin and cryptocurrencies maybe at their infancy but there is no better time than now to take advantage of the enormous opportunity that beckons.
The SIX38PPN Platform is truly revolutionary. In this whitepaper, we’ll cover the Essentials of the system – describing both the architecture of the platform, and we will also take a look at the Roadmap for future evolution of the platform, introduce proposed aspects and features, and examine the potential macroeconomic benefits of investing in this paradigm-shifting offer.
Although cryptocurrencies are still in their infancy, there can be no doubt that they’re here to stay! Bitcoin, the original and most famous, has reached incredible heights in terms of its value with the market capitalization of the entire sector on an upward trajectory and even rising far above expectations, having broken through the US$200 billion mark.
The security, traceability and non-governmental nature of cryptocurrencies mean that they have an enormous amount to offer both as mainstream stores of value and methods of transaction. The market for cryptocurrencies is not fully realized. Simply trading cryptocurrency can be a burden for many potential users due to security concerns and identity verification difficulties, but having an easy-to-use, secure cryptocurrency technology that integrates P2P exchange between fiat and cryptocurrency, crowdfunding, crypto lending, credit card capability, and cold , secure storage of user funds easily assessable in the future through localised ATMs (Automated Teller Machines) while providing novice users techniques to improve their skills is the future of safe trading and exchange of assets. Providing users with a return on gross profits serves as an additional incentive.
XENIACOIN is a pioneer. It is the answer most investors have been searching for. It’s a cryptocurrency that can deliver the rewards that come from wading into uncharted waters as well as the safety of knowing that there’s a lifeline to help them weather the storms until cryptocurrencies mature and stabilize.
Why invest in cryptocurrencies?
When the first Bitcoins were mined in January 2009, only a handful of people paid attention. Today, millions of people hold a range of cryptocurrencies, using them to buy and sell goods and services or as stores of value, just as we all do with the fiat currencies that we hold in our wallets and bank accounts. Bitcoin may be used in the same way as traditional money but that doesn’t mean it operates in the same way. Cryptocurrencies are not issued by a central authority and, because they can be exchanged in complete confidence without the need for third party verification, they incur very low transaction fees.
This combination of low fees and built-in verification has proven popular, driving its use and increasing Bitcoin’s value.
This value is tied to a powerful supply and demand dynamics derived from a limit that has been placed on the total number of Bitcoins that can ever be created (21 million). Combine this with the increasing difficulty of the cryptographic problem-solving that’s needed to mine them, and these properties ensure that Bitcoin’s value is linked directly to usage and is not diluted by inflation.
The Ethereum Advantage
Much unlike Bitcoins, the Ethereum cryptocurrency and the blockchain platform on which it runs is designed to run the programming code of any decentralized application.
On the Ethereum blockchain, miners work to earn Ether, a crypto token that fuels the network. As well as being a tradeable cryptocurrency, Ether is also used by application developers to pay for transaction fees and services on the Ethereum network.
Because it is designed to run decentralized applications and is favoured as the network of choice by companies launching ICOs, Ethereum benefits indirectly from the vast growth in this area.
What Risks Are Associated with Cryptocurrencies?
There is some inherent risk associated with investment in cryptocurrency. Like any other investment for profit, it is important that you conduct due diligence and weight properly the risk to reward ratio before parting with your funds. Some of the potential risk have been outlined below, but this is not intended to scare you rather, it is to give a holistic view of the investment landscape in other to help you make informed decisions on this new investment path.
The high positive correlation between values of cryptocurrencies is also one of the most significant risk with cryptocurrency investment. When the price of Bitcoin fluctuates, most other crypto assets follows, and this is because cryptocurrencies share similar characteristics and as such they are exposed to similar risks.
Bitcoin’s dominance of about 50% of the crypto market cap and its use as the payment method for trading other cryptocurrencies, or altcoins, are among the contributing factors of this high positive correlation.
XENIACOIN is designed to break this positive correlation, giving investors a coin that is more stable.
The XENIA Advantage
XENIACOIN is the primary digital token used on the SIX38PPN platform (www.six38ppn.com). This platform hosts the Six38Peer2Peer Network which is an independent venture capital platform that integrates a coin exchange (Six38CoinTrader Pty Ltd (2017/329360/07) , an online cooperative (SIX38 REACHOUT PRIMARY COOPERATIVE LIMITED (2017/008069/24), Six38cryptomall, Commodity Brands ( six38CBEI) , XENIA CAPITAL ( mining, real estate and Petroleum Product Trade , a Digital Coin Lending Platform (XENIACOIN LENDING), a Peer2Peer Remittance service (XENIA TELLER & MARKETTRADE TELLER), a Lottery Pool (XENIADRAW), Gaming/sport bets (XENIA-BETS), and Altcoin Mining/ Master nodes setup Contracts
Funds raised in the XENIACOIN ICO will be diversified between projects powered by the six38ppn platform as outlined above and part of it will provide liquidity for the SIX38PPN coin exchange platform which requires a reserve for the Prepaid card service.
Your investment in XENIACOIN is backed by these mainstream investments. This enables longterm investors to hold their coins with confidence knowing that fluctuations caused by shortterm daily trading will always be set against the real value of the assets that back them.
Considering the longer-term purpose of the XENIACOIN basket, these assets were proportionally selected based on ‘Strategic Asset Allocation’ to reduce risk related to cryptocurrencies, while being reasonably exposed to their potential growth.
The XENIA advantage ensures that you get the following:
- A currency that is not susceptible to the volatile fluctuations of the cryptocurrency market;
- An asset-backed coin that guarantees stability and great ROI;
- Diversification of your investment portfolio for greater reward;
- Reduced risk investment in an uncharted market. A high-level liquid investment portfolio.