XBRICK is a world-class cryptocurrency exchange platform. Based on an in-house expertly-developed system, the platform is designed to create a secure, unworthy and efficient exchange for top-quality, block-chain based assets. Its high-performance trading engine is capable of facilitating millions of orders every second.
PROS
- The platform has teamed up with LiquidAlpha, a strategic partner, with an experience of more than ten years both as a trader and as a developer. Together they have been developing sophisticated systems.
- XBrick is creating XBC (XBrick Coin), a token that will entitle its holders a 50 percent discount on the trading fees associated with the use of the ecosystem provided XBC is used to pay for the trading fees.
- Part of the proceeds from the sale of XBC will be used to promote the adoption of blockchain technology through initiatives like educating the public, hosting blockchain forums and scholarships.
- It provides multiple languages to users, supports an automatic identity verification procedure among many other stringent security measures guaranteed to make the crypto wallet reliable, secure and stable.
- XBrick features Atomic multicast, flow matching technology and synchronization lasting consistency technology to ensure the order process is not only fast, and reliable but also capable of seamlessly interacting with the database.
- Team; the team comprises of blockchain experts who are conversant with the digital currency and have a deep sense of social responsibility. So, besides ensuring the system functions optimally, they will promote blockchain technology.
- The whitepaper; it is comprehensive adopts different styles (illustrations, charts, and tables) ensuring the reader understands the concept and gets a fulfilling experience while reading it.
CONS
- While the whitepaper indicates that a small fee is charged for withdrawals, the exact value of the charges is not provided.
- `The system only accepts ETH, BTC and EOS tokens. Additionally, a public token sale does not accept fiat currencies for the purchase of platform tokens.
- The 15 percent of the proceeds from the token sale that will be set aside for unforeseen events and changes on new plans is a lot.
SUGGESTIONS
- Decide and state, expressly, on the whitepaper what percentage each of the different fees (trading, withdrawal and listing fees) will constitute.
- The platform should accept many other major cryptocurrencies for speedy adoption and expansion of the market. The token sale should also accept fiat currency.
- Reduce the percentage of proceeds reserved for unexpected events and variations in plan and increase slightly the percentage of the exchange reserve.
NOTE: Many people have a hard time trading in the various blockchain assets. To such individuals, XBricks will come in handy. The fact it promotes adoption of digital currency means its future prospects are high. So, I will be among the first people to invest in this platform.
