Xtock makes a successful debut at Oasis Conference

XTOCK
XTOCK
Sep 5, 2018 · 2 min read

September 1, Xtock participated in ‘Oasis Conference’ held by Oasis, the world’s largest investment platform.

While various blockchain projects from Korea, the United States, the United Kingdom, Japan, China and Singapore were involved, Xtock also had the first time to introduce the project since its launch.

SeungYeon Kim, CEO of Metaps Plus which is a partnership with Xtock, raised the issue of the fact that many early startups companies still have a lot of difficulty securing investment while the global OTC market is currently growing at $120B.

The current OTC market explains that it is difficult to obtain information about OTC companies, the information is not transparent and the complexity and risk involved in the transaction also means that there is a large burden on the investment. As a solution, they proposed Xtock, blockchain based on real-time financial network platform.

Xtock emphasized that it is based on Xtock Evaluation Matrix (XEM) to objectively evaluate the value of the enterprise and to ensure transparency in real time and periodically updated to companies and investors. Smart contracts entered into by Xtock Protocol stated that real-time access to the latest information on tokens is transparently possible by linking important information such as transactions, contracts, owners and others.

In addition, Xtock said it would build an Xtock Community based on compensation schemes to improve the reliability and transparency of information and make it possible for individual investors to be rewarded with tokens through corporate information sharing.

Xtock plans to build an Xtock Trading Center to trade OTC tokens and was evaluated to have high confidence in the project with specific references to the list of participating companies.

Xtock said the pre-sales are currently in progress and the deadline is October 31 and the public sale will take place for about two weeks after the pre-sales close.

There is much anticipation about whether Xtock can be positioned as a “platform that can be used to own stocks with tokens.”

http://www.fnnews.com/news/201809071013551092

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