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What is XCG? Xchange Coin is project that was developed by a team that had felt the cold hands of these so called “false promises” developers. So we decided to make a coin that enables the user to gain the power back in trading/bartering. To save the crypto community from suffering the scams of otc trading and start-up sales we designed a coin for the purpose of using it as an auto-escrow service. We realized that there are too many malicious characters out there preying on people who want to be part of this historical time. That being said, we just love doing this! Is it a Masternode (MN) coin or not? We wanted to focus on the coin’s utility function rather than the cheap gimmick of luring people with the fake return on investment (ROI) scenario. The intention of keeping the MN was for a supplemental investment option, that is not easy to obtain. How dare you say Fake ROI? Well if the coin has no other use than same old coin->wallets->exchange->payout card scheme then its pretty much fake. A pretty looking pyramid scheme. Holy cow 50k collateral for a MN? Yes, I reiterate that it was not going to be easy to obtain. The purpose is that we want effort to be a process in obtaining the MN. Screw me? Say that the poor miners that once used coins to sell to investors now have to compete with huge numbers of MN’s that print coins with no effort. Who is going to sell lower? The miners who spend energy, or the MN owner who just want their ROI? Come to think of it, miners have been shown to HODL coins in the past (BTC, LTC, XMR, etc). Wonder why most MN coins don't last? Well you’ve got miners that are now competing with nodes that produce coins with no competitors other than a wait line of other nodes. So you have the average miner now looking at the profits and pretty much giving up. So what? As miners disappear and the coin becomes more centralized causing the coin’s life and security to be handed to a select few. Isn’t that good? Perhaps temporarily, if the dev’s of the coins treat the community well, you will start to notice a rise in price with people starting to invest based on price and ROI. YAHOO!! Now the bad news! With the price value going up and the coin now running with some hype, we now cross our path with NiceHash or a similar systems. Oh no, not good! The coin has very few miners to defend it self from this greedy system. Wait what just happened? Did someone just dump us? The rest is history. This is one example of what can happen in the flawed MN financial system. If you have MN collateral at a high, what happens? Well let's do some math, shall we. EXAMPLE (XCHANGE - XCG): Blocktime = 2 mins
Miner rewards 2 per block Approx minimum of 525,600 XCG can be mined a year. MN Collateral = 50k Total MN’s that can be mined per year = 10 MN Premine MN = 2 million So from the Premine a maximum of 60 MNS can be enabled, that's if other don't buy any coins for its use-case (escrow). MN reward = 8 per block (ignoring the ROI static period) Total MN’s that can be generated per year = 41 MNS As we see from the math only 111 MN’s can be achieved in the first year. What does that mean? It means obtaining a MN will be hard. Now miners have a reason to sell their coin at a little higher value and prospective MN owners will be bidding against each other to obtain a MN. What then happens to the value of the coin? It increases! Yes, simple eh? In simple words its healthy for a new coin. Why are our dev’s hiding their identity? We have lives and families, thus we are not risking our security for the curiosity of a few naysayers. We will let our work speak for us. This will of course have the potential to change in the future if the situation requires. What makes this coin any different from any other coin? 1) We have an auto-escrow built into our wallet, with future plans of making it into a multi-wallet. We will deliver a usable product from day one, not false promises, but a coin that has an actual real world purpose. The use of the auto-escrow feature will depend on a fee of XCG. Thus providing the coin with instant valuation at launch. ONLY coin to do it! 2) We also have a built in buy your XCG feature based on supported cryptocurrencies that can be expanded at the request of the community. So no dealing with people to get XCG for use in an escrow trade or as an investment. 3) We also looked at other coins and saw the challenges that they were facing due to vulnerabilities in their code base. In preemptive response we decided to implement a kill switch into our wallet that can stop exploits in their tracks. We are currently working on an auto update system, so user that can't breath, sleep, and eat crypto (and the less technical crowd) can easily update their wallets when required. I heard you guys did a static/fixed ROI for a period of a year?! Yes we did, have have included in our code a way to keep the ROI at 1000% for the first 20,160 blocks, then 500% till 120,960 blocks, then 100% till 241,920 blocks. This ROI will not change based on the number of enabled MN’s. Why? To provide investors with incentive to support the project as early as possible. Premine wow and you guys are going to just have a fire-sale and run! We are keeping our word and doing an air-drop for a scammed community, there are back-end costs and R&D so that we can deliver new groundbreaking technologies. We talked about the user being able to buy XCG from the wallet: this has to be done to allow such a thing. We also have some great ideas that are in development, that we
Page 1: Q&A XCHANGE (XCG)

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