Whitepaper
Xitcoin Whitepaper
Last updated
Xitcoin Whitepaper
Last updated
Introduction
Vision and Strategic Objectives
Tokenomics
Token Allocations
Roadmap
Milestone - Main Sales and Burn Details
Milestone - Burning
Conclusion
Disclaimer
Xitcoin ($XTC) is a utility and hybrid token designed to connect blockchain ecosystems and support sustainable infrastructure. Built on the Cronos blockchain, known for its flexibility and scalability, $XTC initially focuses on enabling peer-to-peer exchanges.
Xitcoin's vision goes further. In addition to connecting different blockchains, Xitcoin aims to grow into its own platform that can host innovative projects. Through its main project, Xbank-Crypto, Xitcoin plans to nurture other projects, starting in Europe and expanding worldwide.
Smart Contract Address: 0xDD646291D2fff52c75F27CCDAdD0D4C2A24f37Dd
Phase 1: Initial Launch Xitcoin starts on the Cronos blockchain, allowing fast and easy peer-to-peer transactions.
Phase 2: Multi-Blockchain Expansion In later phases, $XTC will connect with other blockchains to introduce features like staking and bridging, improving interoperability.
Phase 3: Building Independent Infrastructure $XTC aims to grow into its own blockchain and become a Native Cryptocurrency.
Phase 4: Bridging the Gap Xbank-Crypto aims to serve as an intermediary for the traditional banking system - starting with Europe and expanding worldwide. It will enable the public to access cryptocurrency products and offer traditional banking services related to crypto assets, including estate and succession planning.
Token Name: Xitcoin
Symbol: $XTC
Decimals: 8
Smart Contract Address: 0xDD646291D2fff52c75F27CCDAdD0D4C2A24f37Dd
Network: Cronos
Category
Details
Amount ($XTC)
Percentage
Milestone
Tokens allocated for presale to create liquidity pools
1,000,000,000
4.76%
Milestone
Tokens allocated for main sale and liquidity pools
16,632,000,000
79.2%
Airdrop
Community rewards during the launch
168,000,000
0.8%
Proof of Reserve
Demonstrating liquidity transparency
21,000,000
0.1%
Circulation Tokens
Partnership allocations
4,200,000
0.02%
Staking
Rewards for holding Xitcoin
4,200,000
0.02%
Community
Initiatives and events for growth
2,100,000
0.01%
Development
Team and platform development
2,100,000
0.01%
Xbank-Crypto
Development of the Xbank-Crypto platform
3,166,400,000
15.1%
Total
21,000,000,000
100%
Xitcoin vaults are secured by PinkLock and audited by Certik, Solid Proof, Interfi Network, Contract Checker, CFG Ninja, and Cyberscope.
Phase 1: Presale Launch of $XTC presale with initial circulation for early participants. This period will end when the Main Sale begins. Starting Q4 2024
Phase 2: Main Sales There will be 12 consecutive sales campaigns, each lasting one month. At the end of each month, any unsold tokens will be burned, finalizing the total supply in circulation and creating liquidity pools for specific cryptocurrencies. Starting Q1 2025
Phase 3: Staking Deployment of staking functionalities to encourage participation and engagement. Starting Q2 2025
Phase 4: Bridge Launch of inter-blockchain bridge functionalities to enhance interoperability. Starting Q3 2025
Phase 5: Swap and Burn Initiating a 96-week program to progressively reduce the total supply of $XTC tokens in circulation. Starting Q1 2026
1,000,000,000 Milestone tokens will be allocated for the Presale & Liquidity Pool. This campaign will end as soon as Main Sales begin.
16,632,000,000 Milestone tokens will be allocated for the Main Sale & Liquidity Pool. This campaign will be executed as 12 consecutive month-long sales periods. Each month during the Main Sale period, 10% of the Milestone tokens will be unlocked, representing 1,663,200,000 tokens.
From the unlocked tokens:
50% will be available for sale.
50% will be used to create liquidity pools for specific cryptocurrencies.
At the end of each month, any unsold tokens will be burned to maintain balance in the $XTC ecosystem. The following month, a new sales period begins until the end of the Main Sales campaign.
Each monthly sales campaign enhances the valuation of Xitcoin for the following months. This approach benefits early participants by ensuring their commitment pays off as token values increase over time. Additionally, these structured periods create strong incentives for future buyers to join, fostering sustainable community growth and token ecosystem balance.
After the Main Sale ends, a 96-month burn series will start in Q1 2026. All burning events will be announced 3 months in advance on our website and social media.
The Xitcoin burn strategy helps regulate the supply of Xitcoin. Here’s how it works:
Rebalancing: The VVS-LP created during the Main Sale will be adjusted in several steps.
Xbank Allocation: Half of the LP contents will go into Xbank to support the ecosystem.
Swapping and Burning: The other half will be swapped to retrieve Xitcoin, which will then be burned.
This process will progressively reduce the total supply of Xitcoin tokens in circulation.
Xitcoin ($XTC) positions itself as a pivotal force in uniting blockchain ecosystems. By utilizing strategic liquidity pools, implementing controlled burns, and spearheading the innovative Xbank-Crypto project, $XTC delivers a sustainable and scalable solution tailored to the demands of a rapidly evolving market.
To track project developments and stay informed about future announcements, visit the official website: xitcoin.org.
This document is not a prospectus or an invitation to participate in any regulated financial product. Always consult your own advisors regarding the legal, tax, and financial implications of interacting with $XTC.
Purchasing or staking $XTC involves risks such as:
Volatility: Price may fluctuate significantly, causing potential losses.
Regulatory Risks: Laws regarding digital assets differ across jurisdictions.
Security Risks: Vulnerabilities in smart contracts or private key theft.
Technological Risks: Dependence on blockchain infrastructure, including bugs or downtime.
Participants should conduct thorough research and safeguard their private keys.
Extreme price volatility and unpredictable market conditions.
Delisting or lack of liquidity on platforms.
Technical failures such as smart contract errors or hacks.
Info: Refer to the original version in English.
