80% of bitcoins obtained as a result of sale are sent to the backing basket of XRONOS cryptocurrency (XPO) that is autonomously controlled by XRSS tools. 20% are to be spent to develop and promote a number of projects with a common name ‘The sum of technologies’ that shall provide the additional cost of XRONOS.
You buy XPO for BTC
BTC are sent to the basket
The basket is controlled by XRSS algorithms
XRSS (XRONOS RATE STABILIZATION SYSTEM) developed by the XRONOS team. It is an autonomous system of management of advanced cryptoassets tested by durable application to secure cost and liquidity of every coin of XONOS (XPO). XRSS has been developed for those who want to invest in the entire blockchain industry at once, without need to study specifics of every coin or project. If, being asked a general question ‘Blockchain – yes or no?’, you answer yes, then the tool has been created exactly for you.
XBA is an analytical XronoBot. It is an analytical system module to study the cryptocurrency market, some indices of classic economy (GAW and SDR) and controls the other modules.
GAW is an average global index that specifies the cost of a working hour on the planet. The index is built on the basis of open data officially provided by member-countries of OECD.
SDR is an index applied by the IMF for internal calculations between member-countries of the Fund. It consists of five largest global currencies proportionally to their volume in the world economy.
XBE is an emission XronoBot. By the command of XBA it sells new XPO at the price of GAW+1%, specified by the system. The obtained funds are to be sent to the cryptocurrency basket (CCB)
XBG is a guaranteeing XronoBot. It is a twin-brother of XBE to perform an opposite job – to buy extra XPO at the price specified by the system and to pay for them with the funds of cryptocurrency basket.
CCB is a cryptocurrency basket (portfolio) containing coins whose total capitalization is ~95% of cryptocurrency market. Under control of XBA it redistributes the obtained resources into growing assets and supports the growth of XPO capitalization.
BTC. You will need Bitcoins to start working with XRONOS
XPO. Having invested your Bitcoins to XRSS, you will acquire XPO and be ready to start working with XRONOS
System helps realizing stabilization
steps and makes XPO stable
CCB - cryptocurrency basket - is one of the key elements of the XRSS. Its functions differ a bit at the stages of project development. At the beginning of the project its main purpose is to control XRONOS capitalization increase and to maintain coin liquidity. After reaching the goal, CCB becomes responsible for exchange rate stability, because by its means XPO supply and demand balance will be controlled. In all phases of the Xronos development each unit of XPO is backed by cryptocurrencies which are located in CCB.
Development of cost for any currency can be either speculative or utilitarian (on the basis of its real useful application). We have developed three product phases that enable smooth transition from speculative growth to utilitarian one for our currency. The ultimate goal of XPO exchange rate growth is to reach the mark of GAW – the index of cost of average man-hour, where it will be finally fixed.
Usually within Presale or ICO developers have to gather funds in order to develop a new product or technology and completely use the funds collected. As to our Presale and ICO, only 20% is invested into development, and the rest 80% is to backup the cryptosurrency cost and are to be working for you until XPO stability level is reached. Upon completion of all these stages of stabilization the rule of distribution 98 to 2 will be applied, i.e. 98% will be sent to the cryptocurrency basket (CCB) and 2% will be used to support and develop the project.
We have divided the process of initial sales of XRONOS on four plain stages, each of them with its own function. At every stage we guarantee the minimum price at which XRO will be offered for sale by XRSS system. In case not all coins are sold they will be automatically offered at higher price at the next stage.
You can get your refund on any cryptocurrency exchange supporting the pair of XPO/BTC or XPO/USD, as the guaranteeing xronobot XBG sets the constant price for purchase orders.
You cannot buy XPO if you are a resident of the United States of America or the People’s Republic of China or in case you are operating from there. You cannot buy XPO in case you represent a registered legal body (including, but not limited to) of a corporation or partnership registered, established or incorporated in accordance with the legislation of the United States of America or the People’s Republic of China, or in case you buy XPO on behalf of such companies.
In total, 36 445,105 XPO was sold at $2,15 per unit. At the completion of sales 17,61 BTC have been obtained. 106 unique backers took part in the event.
At the current (testing) stage it is located on our own servers, but in order to perform any operation these shall harmonize a made decision between them – i.e. come to a consensus through the ring signature – at the same time not exposing the data processed. In case at least 20% joints out of 80 have not come to a consensus then XRSS is to be considered invalid. We don’t want to bring XRSS to the full political decentralization until it is fully tested. The moment we give our first master-nodes to the third-hand contributors, hence realizing PoS, is the moment the system becomes much more decentralized. But it will not be absolutely decentralized, as we’ll have to come through a few stages, before XRSS reaches the state of full decentralization. Now we suggest you to test its abilities and options.
Because this system has been applied practically and has been dealing with real money for a long time. Before demonstrating it to the audience, we have conducted countless tests.
It serves to provide complete backup of funds in case of development of the most disastrous scenario.
As for XRONOS, it is as safe as using Bitcoins or Ethereum. As for CCB backing, we have provided all security measures which define today’s cryptographic standards. Not a single member of our team has the full access to the funds or ability to manage funds single-handedly. The only thin point of this topic is centralized exchanges. This is why we thoroughly do everything we can to integrate XRONOS solely into decentralized exchanges. Unfortunately, they are not developed properly enough for today.
If such thing happens at the stages of XRONOS rate development, then XRONOS’ backing will fall along with it. Which doesn’t strictly mean that the price of the highest XRONOS shall drop as well.
In case it happens after completion of the stage of XRONOS stabilization and fixation at GAW level (Shallow stage), then even if there is a double fall of the market, XRONOS will be reliably secured, and this cannot shift its exchange rate even for one point.
Today only BTC are accepted as they take major percent share in the backup basket CCB.
You can sell them at any moment to XBG exchange robot. You earn the maximum profit if you sell XPO for ~ $21.53. We are planning to reach that level approximately in a year after ICO.
It means that XPO will be sold (emitted) by XRSS system at the price not lower than this level.
Yes, it is possible. In case capitalization of the basket formed earlier overgrows the level of backup of the successive basket then the current price to sell XRO will be established in accordance with the formula – BUY ORDERS WALL*20%. In a way, it serves as protection against dilution of the basket formed earlier.
80% of funds obtained within ICO will be sent into the cryptocurrency basket to secure the rate of ХRONOS, 20% - to develop and promote a number of projects with a common name ‘The sum of technologies’ that shall provide the additional cost of XRONOS.
There is no difference, all operations with the coins of different periods of emission are identical.