Excolony

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Excolony

EXCOLONY is the New Generation of Trading platform integrate with 30 kinds of tokens used to pay in the platforms when they are published. Excolony is based on 4 unique points: AI Trade System, Secure Asset for Users, Paygate, Delegated Investment


EXCOLONY MISSION The mission of EXCOLONY is to provide compatibility between all transaction bodies around the world, and create an ecosystem which allows real-time transactions and data sharing with low cost. EXCOLONY is the awaiting Next-Generation Digital Currency Exchange, which has various functions helping users in trading such as AI trade, SAFU, ICCO, Delegated Investment, and Paygate.

Combining centralized exchanges with safety transaction, EXCOLONY provides speed and security at the same time, which most of the decentralized exchanges could not do. If decentralized exchanges are well-known for their high security then EXCOLONY will be a hybrid platform, having the speed of centralized exchanges and the security of decentralized exchanges.

EXCOLONY mission is to bring Blockchain technology to serve the humanity not only in trading but also in other special fields in the future. We expect that community approve us during the experiment years to achieve the target.

It is apparent that the success path is difficult to overcome, nonetheless, with the potential team, talents and passion, we believe EXCOLONY will stand in the top 10 cryptocurrency exchange in the world, break the ice between people and blockchain.


BLOCKCHAIN PROBLEM

  • HACKER: Recently, a Japanese’s cryptocurrency exchange was stolen 523 million “NEM” coins, which worth 534 million U.S by a few transactions from a hot wallet at 3 A.M, local time. In 10/07/2018, Bancor, a decentralized exchange, stated that a vulnerability was exploited to steal 24,984 ETH (approx $12 million), $1 million worth of NPXS and $10 million worth of BNT. The hack occurred at approximately 00:00 UTC when a wallet used to upgrade some smart contracts was compromised. The wallet has withdrawn ethereum and ERC-20 tokens NPXS and BNT.
  • INSURANCE: Nowadays, cryptocurrency trading platforms do not have a proper “Insurance Policy” for users, which are patients with hacking and losses. Besides, the security of users’ account and the security system, in general, must be upgraded. A low-security system can result in serious damage caused by hackers or cyber attack. There were various cases of hacking in the past that damaged to both customers and platforms.
  • CHANGE AND ADAPTATION: Almost all exchange platforms focus on promoting in the early stage to attract users. They achieved a variety of success but the development team does not seem to think about a long-term plan. They have to face the risk of going downhill extremely fast afterward or being replaced by some new other potential trading platforms.
  • POOR PERFORMANCE SYSTEM: Cryptocurrency exchange platforms seem to operate smoothly at the early stage, but when increasing traffic, it is difficult to deal. Users may miss the chances to earn profits due to the poor performance of the system. Besides, not many exchanges could perform on multi-platforms and they usually work on a PC.
  • UNPROFESSIONAL CUSTOMER SERVICE: There are lots of situation where customers have the problem with transaction or account, nonetheless, they also have to wait for a while to get that solved. Customer Service plays an important role in every project: Quick and efficient support will please customers and give the customers more reason to stick with, additionally. Normally, investors complaint about slow customer service on the grounds that they are not received what they deserve. Platforms are committed to supporting their customers with the best and fastest solutions, however, they have new customers every day and may “forget” about what and who makes them “BIG” like today. This is not a good thing.
  • POOR LANGUAGE SUPPORT: A typical exchange platform should provide users comfort, especially the language. English is the well-known language that platforms in our contemporary life use but this can be a barrier for those who from non-English countries. There are few platforms that support many other languages, but their translation is not good enough; therefore, a lot of users are still having trouble.
  • LACK OF SUPPORT FOR NEW PROJECT: The amount of listed altcoin is too much! For example, Some exchanges are having more than 300 altcoins in BTC Market, included many low-quality coins/project. Their team is not even active anymore, the project is done and dusted, meanwhile, there are various potential ICOs out there; however, they are not getting enough attention or support, or both of these.

SOLUTION

  • EXCOLONY’S ARTIFICIAL INTELLIGENCE (EAI): Just like a human brain, AI and machine learning algorithms require inputs of data to deduce an inference. Data mining is the computing process of discovering patterns in large data sets and helps reduce large sets of data structure to allow machine learning algorithms to make decision and inference. Consequently, as organization and companies accumulate large data as a part of their day-to-day operations virtually on every aspect of their performance, suppliers and clients, they seek a new way to apply AI and machine learning methods to derive new managerial insights from the data on a continuous basis.
  • INSURANCE AND SECURE ASSET FUND FOR USER (SAFU): to protect the future interests of all users, EXCOLONY has started the creation of a Security Digital Asset Fund for Users (SAFU). It can be seen clearly that EXCOLONY will roll back all irregular trades, and reimburse the traders that were negatively affected by giving them zero-fee trading. In addition, EXCOLONY will allocate 10% of all trading fees received into SAFU to offer protection to our users and their funds in extreme cases. This fund will be stored in a separate cold wallet. its main values are the protection of its users and that due to the recent massive increase it was expected that challenges would occur. To handle these challenges, the exchange encourages its community to post comments and suggestions.
  • MULTILINGUAL SUPPORTS: With a growing body of multilingual experts in technology, marketing and customer service, EXCOLONY bespoke suites of both software and support services to users at the very height of consumer technology innovation. Multilingual support is about more than just multichannel users contact – it is about meeting the needs of our users and users, and engineering the perfect solutions. We offer support in over 20 languages. Our large, adaptable network is made up of advisors who are all bi- or trilingual to a native or near-native level. One of our primary strengths is supporting businesses with smaller groups of customers that are spread across multiple geographies and countries, in addition to those with wider customer bases. Having advisors who can switch between multiple languages allows us to offer highly efficient, cost-effective support
  • EXCOLONY PAYGATE: A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e- businesses, online retailers, bricks and clicks, or traditional brick and mortar. The payment gateway may be provided by a bank to its customers, but can be provided by a specialized financial service provider as a separate service, such as a payment service provider. A payment gateway facilitates a payment transaction by the transfer of information between a payment portal (such as a website, mobile phone or interactive voice response service) and the front end processor or acquiring bank.
  • EXCOLONY INVEST: You are new to cryptocurrency markets? You are inexperienced and lack knowledge about altcoins these days? You calculated hard but still failed in this potential market and you want to stop losing money? EXCOLONY INVEST is specifically designed for users. With a few steps of registration then you can get into the cryptocurrency markets by investing in the potential EXPERT that you believe. Our EXPERTS are extremely experienced and well-trained in cryptocurrency investment, thus, you can believe in them to make a huge profit without researching the market or suffering any risk at all. You can pick your own EXPERT to invest in base on their statistics, profits, winning rate of investment cases, etc…
  • STRATEGY MANAGERS: You are the one with many experiences in the cryptocurrency markets? You can read the graph and have good trading skill? You can quickly increase the value of your account just by trading? You want people to know more about you, as an expert in cryptocurrency markets, just join our Strategy Managers and become one of EXCOLONY’s Experts. Take this opportunity to earn more profit from this potential cryptocurrency market by letting investors invest in you. Helping new and inexperienced investors to earn more profit is earning the profit for yourself so... why not?

ICO PRICE

  • PRESALE

PRICE: 1 EXC = 0.5 USD Minimum Purchase: 10 ETH Bonus 100% We accept ETH. We will set a course for ETH in a few days before the start of Token Sale, depending on the market rates.

  • TOKEN SALE

PRICE: 1 EXC = 0.5 USD We accept ETH. We will set a course for ETH in a few days before the start of Token Sale, depending on the market rates. SOFT CAP: 1M USD All unsold tokens will be burnt by Smart Contract.

  • MAXIMUM TOTAL TOKEN SUPPLY: 100 M If this goal is not met, all funds will be returned.

TOKEN DISTRIBUTION: - 30% Crowdsale - 28% Reserve - 29% Company & Advisor - 3% Bounty - 10% Mining Pool

EXCOLONY CAPITAL WILL BE USED: 50% will be used for EXCOLONY branding and marketing, including continuous promotion and education of EXCOLONY and blockchain innovations in industry mediums. A sufficient budget for various advertisement activities, to help EXCOLONY become popular among investors, and to attract active users to the platform. 15% Development 15 % Software and Infrastructure 10% Legal 5% will be kept in reserve to cope with any emergency or unexpected situation that might come up. 5% Insurance


WHY EXC PRICE INCREASES As with all cryptocurrency exchange, EXCOLONY also follows the rule of supply and demand: As demand for EXC increases, prices increase and as demand decreases, prices fall. Supply Chain is a sign that people are willing to pay how much to get the property. This will show a good sign that people are willing to pay to gain property.

On the other hand, it is the traders, who directly participate in the transaction, who decide the price of Excolony up or down. It may seem strange that traders are the answer to why the EXCOLONY is increasing, but in fact with a scattered asset such as EXC, the human factor remains the key to determining the true price.

It is undeniable that we will create the scarceness of EXC via buying VIP, ICO insurance or burn EXC tokens that remain.

  • Buying VIP:

When the customers want to use EXCOLONY AI, which is one of the most intelligent machine in the world in order to analyze and get benefit in the easy ways or they want to reduce the trading fee of transaction, they have to buy VIP function by EXC. Thus, through EXC expense, EXC tokens and coins will become scarceness, the prize will rise. I believe that VIP function including AI is the unique method and people cannot shun the temptation of AI.

  • ICO insurance:

It is undeniable that nowadays there are various scam projects that make difficulty for traders and investors. Thus, via EXCOLONY, all projects will be ensured that they are real by buying them with EXC. The bad case, if this is scam, EXCOLONY will pay back for all accounts using this by EXC. When we ensure the projects, users have to pay amount of EXC to buy the ICO token, it leads to the reduction of supplying EXC and increase the demand and EXC will be scarce.

  • Using Paygate:

It is easy to transact money to EXC and EXC to alcoins, therefore, the need of EXC will rise due to the smooth in transaction of EXCOLONY Paygate.

  • Burning EXC token:

After all the sales, if we remain a number of EXC tokens, we will burn them to boost the cost of EXC. Therefore, with whom own EXC, the price of EXC in the cryptocurrency market will increase dramatically and become valuable coins, owner will be rich.

  • Free trade with EXC:

For now, if the users want to withdraw in money, they have to do various steps to the final goal and it takes lots of trading fee. However, with EXCOLONY, we will support for users the shortest way to deal with this issue. The users need to change coins such as BTC, ETH and XRP to EXC, the cost will takes 0.05%, and the period from EXC to money is totally FREE.


OUR ROADMAP

11/2017: The idea of the Next Generation Cryptocurrency Exchange Platform

12/2017: Testing the opportunity of the Blockchain technology integration into the new concept

1-4/2018:

- Researching the market, the Blockchain Technology and features of exchanges

- Starting developing exchange functions

4-6/2018: Researching security, technical platform, Microstructure and Node.js

6/2018:

- Building business master plan

- Developing x11 Algorithm, ICO web site and EXCOLONY wallet

9/2018: Private sale

1/10/2018:

- Presenting a new concept of EXCOLONY to experts and communities.

- Presale

- Developing EXCOLONY exchange platform and website. Building up system with high security

- EXC wallet (Android App and PC client)

- Publishing ICO

1/12/2018:

- Presenting EXCOLONY exchange version 1.

- Presenting Insurance Policy

- Showing the promotion such as affiliating programs, free EXCOLONY giveaways for newcomers

- Establishing partnership with ICO projects and listing

- Deploying marketing campaigns in several countries

Q1/2019:

- EXCOLONY app

- EXCOLONY invest

- EXCOLONY exchange version 2

Q2/2019:

- EXCOLONY professional trader competitions

- EXCOLONY partner policy

- EXCOLONY exchange version 3: AI function and Paygate.

Q3/2019:

- Testing EXCOLONY chain

- Presenting EXCOLONY chain and decentralized exchange built on EXCOLONY chain

- Introducing EXCOLONY Visa

- Completing EXCOLONY system

2020: Reaching top 10 exchange platform

2021: IPO - Being able to converted into company share

See Also on BitcoinWiki[edit]