Phrases like “risk management” and “safe investment” bring a grim smile on the face of professional crypto investors and traders, as they are well aware of high volatility levels in the crypto markets. Wild whale stunts, spoofing, ghosting, runs and ramping are still pushing these currencies with no intrinsic value to new highs and lows.
From crypto investors …
They all remember biting their nails while looking at the double digit dives on the chart, hoping that stop-loss trades will fire at the desired moment. These sudden patterns of crypto volatility are forcing many traders and investors to look for best possible protection against worst case scenario in the markets.
…. to crowdsale entrepreneurs
Then there are startups, struggling with their new products and services and trying to raise investments through crowdsale. We have all seen these startups losing 10–15% of their collected funds on the very next day after a successful campaign, all due to the high volatility of the collected cryptocurrency. Imagine mixed feelings of a CEO that managed to collect 20m$ worth of cryptocurrency and lost 3m$ of value on the very next day due to a plunge on exchange markets.
Everybody knows the pain. But what is the solution?
X8 project is developing a solution for these undesirable scenarios. With a long, verified history of successful portfolio risk management and AI algorithm trading with fiat currencies like EUR and USD we managed not only to preserve value and avoid negative trends but also to fight inflation in the “old business world”. Our technology carefully spreads the invested value within 8 fiat currencies and gold and then move the value to where it has the best preservation potential. And now we are bringing the technology into the cryptoworld.
How will we do it?
Our solution for less sleepless nights for investors and entrepreneurs has two parts: the platform for portfolio risk management and a special token called X8currency.
The platform will use the same AI algorithms from our “old business” solution. But we are most proud of our token. X8currency (short: X8C) is our cryptocurrency, designed for preserving value. An ultimate exit strategy solution, 100% backed by fiat currencies and gold.
This Ether token will help to stabilize the crypto exchange markets, as it outperforms a simple conversion to any fiat currency. X8C offers a stable and safe investment, always ready to re-enter other crypto currencies.
That is the theory. But in practice …
Instead of withdrawing cash from online exchanges to avoid the risk of their insolvency, an investor can choose to convert his assets to a stable and secure cryptocurrency, that is redeemable for each of 8 fiat currencies.
ICO managers can now fix the value of their collected funds with collecting X8C tokens. Without worrying about the price volatility, they can really focus on their startups and work, while keeping all the benefits of keeping their assets in a crypto currency.
Have you ever received a monthly payment in a cryptocurrency? If exchange rates have raised or plundered during the monthly period, someone is always having a second thought — employer or employee. Now a payment can be negotiated in a stable cryptocurrency, giving both sides a fair estimation of a future value of payment.