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May 16, 2018
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Raisex
Raisex
THE PURPOSE OF THIS WHITE PAPER IS TO PRESENT THE XENIA COIN (XEN) PROJECT TO POTENTIAL TOKEN HOLDERS RELATING TO THE PROPOSED ICO. THE INFORMATION SET FORTH BELOW MAY NOT BE EXHAUSTIVE AND DOES NOT IMPLY ANY ELEMENTS OF A CONTRACTUAL RELATIONSHIP. ITS SOLE PURPOSE IS TO PROVIDE RELEVANT AND REASONABLE NFORMATION TO POTENTIAL TOKEN HOLDERS IN ORDER FOR THEM TO DETERMINE WHETHER TO UNDERTAKE A THOROUGH ANALYSIS OF THE COMPANY WITH THE INTENT OF ACQUIRING XEN TOKENS. NOTHING IN THIS WHITE PAPER SHALL BE DEEMED TO CONSTITUTE A PROSPECTUS OF ANY SORT OR A SOLICITATION NOR DOES IT IN ANY WAY PERTAIN TO AN OFFERING OR A SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION. THIS DOCUMENT IS NOT COMPOSED IN ACCORDANCE WITH, AND IS NOT SUBJECT TO, LAWS OR REGULATIONS OF ANY JURISDICTION WHICH ARE DESIGNED TO PROTECT INVESTORS. CERTAIN STATEMENTS, ESTIMATES, AND FINANCIAL INFORMATION CONTAINED IN THIS WHITE PAPER CONSTITUTE FORWARD-LOOKING STATEMENTS OR INFORMATION. SUCH FORWARDLOOKING STATEMENTS OR INFORMATION INVOLVE KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES WHICH MAY CAUSE ACTUAL EVENTS OR RESULTS TO DIFFER MATERIALLY FROM THE ESTIMATES OR THE RESULTS IMPLIED OR EXPRESSED IN SUCH FORWARD-LOOKING STATEMENTS. THIS ENGLISH LANGUAGE WHITE PAPER IS THE PRIMARY OFFICIAL SOURCE OF INFORMATION ABOUT THE XEN TOKEN LAUNCH. THE INFORMATION CONTAINED HEREIN MAY FROM TIME TO TIME BE TRANSLATED INTO OTHER LANGUAGES OR USED WHILE WRITTEN OR VERBAL COMMUNICATIONS WITH EXISTING AND PROSPECTIVE CUSTOMERS, PARTNERS, ETC. DURING SUCH TRANSLATION OR COMMUNICATION SOME OF THE INFORMATION CONTAINED HEREIN MAY BE LOST, CORRUPTED, OR MISREPRESENTED. THE ACCURACY OF SUCH ALTERNATIVE COMMUNICATIONS CANNOT BE GUARANTEED. IN THE EVENT OF ANY CONFLICTS OR INCONSISTENCIES BETWEEN SUCH TRANSLATIONS AND COMMUNICATIONS AND THIS OFFICIAL ENGLISH LANGUAGE WHITE PAPER, THE PROVISIONS OF THIS ENGLISH LANGUAGE ORIGINAL DOCUMENT SHALL PREVAIL. PURCHASE OF XEN TOKEN MAY INVOLVE A HIGH DEGREE OF RISK. SEE RISK SECTION IN THE TERMS AND CONDITIONS OF TOKEN GENERATION EVENT (THE “TERMS”) THE DISTRIBUTION OF THIS DOCUMENT AND THE OFFERING AND SALE OF XEN TOKENS IN CERTAIN JURISDICTIONS MAY BE RESTRICTED BY LAW, AND THEREFORE PERSON INTO WHOSE POSESSION THIS DOCUMENT COMES SHOULD INFORM THEMSELVES ABOUT AND OBSERVE ANY SUCH RESTRICTIONS. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS COULD RESULT IN A VIOLATION OF THE LAWS OF SUCH JURISDICTION. XENIA COIN (XEN TOKENS) HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933 (THE “SECURITIES ACT”), OR WITH ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES. XEN TOKENS SHALL NOT BE OFFERED OR SOLD TO, OR FOR THE ACCOUNT OR BENEFIT OF, A GREEN CARD HOLDER OF THE UNITED STATES OR A UNITED STATES CITIZEN OR PERMANENT RESIDENT OF THE UNITED STATES (TAX OR OTHERWISE), OR TO AN INDIVIDUAL HAVING A PRIMARY RESIDENCE OR DOMICILE IN THE UNITED STATES (TAX OR OTHERWISE), INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS OR ANY OTHER POSSESSION OF THE UNITED STATES. IF YOU ARE ONE OF THE FORESAID, YOU ARE NOT ELIGIBLE TO BUY XEN TOKENS IN ANY FORM AND/OR BY ANY MEANS.
PREPAID CARD/ATM
The Six38ppn platform with its associated platforms introduces Pre-paid cards primarily to cover thirty (30) African countries enabling cryptocurrencies to be converted to fiat money and spent through ATM withdrawals or POS. Six38ppn will also introduce the next-gen ATMs that will act as a full-service terminal allowing the Six38ppn platform to obtain a market share in the remittance industry. Investors on the Six38ppn platform, XeniaTeller & XeniaDriver app will be able to make easy fund withdrawals safely using the ATM and pre-paid cards.
The Six38ppn platform will feature a mobile application that will allow traders and users to pay for goods, services and other products online. This will improve the payment processing by providing a secure blockchain-based platform that uses smart contracts to complete payments.
This is a peer-to-peer mobile application that provides remittance services. This is scalable to allow ordinary users to use the platform for payment processing and businesses can also use it for business2businesss remittance of payment, incorporated in this app is a taxi service application like other taxi or Ride hailing services, but it will rely on Xenia coin and run on a blockchain platform. It will solve the numerous security problems that plague the taxi service system. The drivers will receive payments using their public keys while customers will pay using their private keys in a pre-determined smart contract transaction. Our commission charged to the driver will be considerably cheaper ( 5%) and our riders will earn while they ride.
The Six38ppn platform will also provide a lending service that earns investors based on how much and how long they lend their money to the platform. The profits will be based on a cumulative interest. The money will be invested in the different investment vehicles on the Six38ppn platform.
The distributed, decentralized nature of the blockchain technology offers tremendous opportunities for incredible innovation in various facets and the gaming industry is not excluded in this paradigm shift. The six38ppn platform has positioned itself to be one of the frontiers of this change by initiating an autonomous and decentralized gaming platform built on the use of Ethereum blockchain resolving the many challenges that plague the traditional lottery system.
Our prospect is for a weekly lottery pool on the Six38ppn platform that will allow users to earn. However, participating in the lottery requires the users to buy and use Xenia coins to make bets. 75% of the contributions from the pool will be rewarded to the winners through airdrop. XENIACOIN token holders who buy into ico will share 40% of the revenue on lottery ticket sales.
PROCEEDS
The platform development and mobile applications has been initialized and in most part completed by the investment of the founder as such 90 percent of the proceeds from the ICO will be used in acquiring assets that will back the coin. Development of the platform entails the creation of the different smart contracts, the Xenia coin, and blockchain. Additionally, the development of the mobile applications is ongoing, the e-wallet, the pre-paid cards have been concluded and the most of the services are in development. The platform will also acquire the assets required to peg the Xenia coin. This will provide extrinsic value to the cryptocurrency as opposed to other digital currencies that are only intrinsic. The remaining 10 percent will be used to offset the cost of the ICO. This involves marketing costs and running the bounty program.
XENIACOIN is based on etheruim (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.
15.01.2018
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
