XTStarter, the exclusive token launch platform of XT.COM, is planning to profit for both projects and users. Blockchain projects can raise funds and increase their reach across the crypto ecosystem via this exciting channel. Our users can be granted a chance to be part of potentially game-changing projects.
XTStarter is more than a platform for offering tokens. It’s also a full advisory service for projects, which will benefit from our insights and experience. We ensure that the projects can focus their efforts on where it matters: developing their product and increasing adoption.
Key Advantages of XTStarter
As a coin subscription platform, XTStarter is a significantly new innovation platform. It offers users a number of key advantages, including:
- Rigorous screening and selection processes to ensure only premium projects that have yet to be listed on any major exchange are included.
- Early access to coins at below market prices to retails who can enjoy the same opportunity to join the early investment as institution.
- Access for both big and small players. XTStarterwill be open to retail investors, not just professionals or VIPs.
- In order to mitigate periods of extreme volatility when the market opens, and to reduce the risk of adverse impacts on investors, we try to make sure that most subscription without lock period.
Once a project is approved and the listing announced, users are able to view the project on the XTStarter page where it will show the token description and more importantly the token’s fundraising goal, the amount of tokens offered through XTStarter and the initial price per token.
Project Selection Requirements
At a minimum, all projects selected for inclusion in XTStarter must possess the following:
- Innovative technology.
- Strong project team with successful entrepreneurial experience.
- Progressive business model.
- Impressive financial backing.
- Excellent support in the community.
- A solid reputation (no negative news or scandals).
- Have not previously been listed on a major exchange (except for discounted subscription items).
In addition, the XT team will weigh the following factors heavily:
- Projects that involve major technological breakthroughs.
- Projects from founders with an exceptional reputation in the industry.
- Projects with backing from highly respected experts and leaders (both within and from outside the crypto-space).
- Investment in the project by XTCapital or Global Ecosystem Fund.
- Coins not eligible for the XTStarterprogram can and will still be eligible for listing on XT Global via established listing channels.
* XT has a thorough vetting process to ensure projects listed on XTStarter are legitimate. As with regular listings on our exchange, we only list quality projects with long term potential. Once a project is approved, it is required to provide and publish key information such as the token name and symbol, maximum supply contract type and address, the token distribution, fundraising amount, price and number of tokens supplied for distribution on XTStarter. Projects interested in fundraising through XTStarter are invited to submit an application here.
- Fundraising services for high-quality projectsafter careful selection.
- Discount subscriptionfor the popular tokens in the market without any lock-up period.
- Airdrop for specific token holders to contribute to a better and healthier developmentof projects listed on our platform.
An important aspect to remember is that the token supply offered through XTStarter does not change, even if the listing is oversubscribed to. If the project raises more than it’s goal, users receive the token in proportion to their investment in the total fundraising total. The token price on the listing is calculated by dividing the fundraising goal with the tokens supplied through XTStarter.
There are several criteria that have to be met for users to invest through XTStarter. First, a valid XT account is needed with all KYC approved. Users will need to have an active balance in their Spot account able to cover their pledged investment. Users will only be able to invest once per project. The subscription limitation varies from project to project.
Although XT has a thorough vetting process, it’s still the user’s responsibility to research projects themselves and invest with caution. XTStarter projects are still in their initial phase and several factors may influence their future including operation and underlying technology of the project, regulatory hurdles and other risks. Additionally, the crypto market is highly volatile and price fluctuations may occur. Finally, in some cases technical issues may hinder token withdrawals.
Thank you for your support!
January 20, 2022
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XT.COM reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website.