Official Whitepaper XRP 2

Download as pdf or txt
Download as pdf or txt
You are on page 1of 12

WHITEPAPER X2P

Whitepaper X2P | 2021

Abstract
During the past 12 months the blockchain technology was implemented for the first time in

numerous sectors. There is still a lot of progress to be made in crypto as a payment form.

We want to explore this area and further implement crypto payment in the corporate

sector. We find the Binance smart chain blockchain more fitting compared to defi or other

networks. It’s quicker, more efficient and cheaper. This is why we chose to create a BEP20

token named “X2P”. We want to create a decentralized investor friendly environment in

the crypto space where corporate, institutional and private interest align.

Email: [email protected]
Telegram: https://t.me/x2pofficial
Whitepaper X2P | 2021

1. Table of Contents:

Introduction...………………………………………………………………………….…....3

Roadmap……………………………………………………………………………………4

Features ……………………………………………………..………………………….......5

Liquidity Pool…………………………………………………………………………….....6

Marketing Plan………...……………………………………………………………....…....7

Team……………………………………………………………………….………………..8

Tokenomics……………………………………………………………………….................9

Conclusion…………………………………………………………………………………...10

Email: [email protected]
Telegram: https://t.me/x2pofficial
Whitepaper X2P | 2021

2. Introduction

Ethereum is one of the earliest blockchains introduced. No wonder that most of the

crypto valutas are built on the Defi network. While the mass adoption of De-Fi is a pro

for developers of ERC-20 tokens it’s a massive con for users of their platform. The De-Fi

network is outdated and overloaded resulting in slow transactions and very expensive

fees. The network fee of ERC20 is 20 dollar while the BEP20 fee is less than a dollar.

Gas fees of smart contracts are tremendous and hinder a lot of users of decentralized

finance. We’ll be able to offer transactions at low fees and quick rates. This way we can

maximize staking profits, offer efficient smart contracts and minimize the cost of money

allocation for corporate and private institutions.

It’s only a matter of time until the Binance Smart Chain takes the leading role in

decentralized finance. We (X2P) want to not only be part of the movement of

decentralized finance but play an active role in exploration and development of this

technology. There is still a lot of progress to be made in the practical application of crypto

and that’s what X2P is all about.

Email: [email protected]
Telegram: https://t.me/x2pofficial
Whitepaper X2P | 2021

3. X2P Roadmap

Email: [email protected]
Telegram: https://t.me/x2pofficial
Whitepaper X2P | 2021

4. Features

4.1 Yield farming

10% of the 15% transaction fee during a purchasement or sell order is automatically

divided between our holders. This way the absolute amount of X2P Tokens in the wallets

of our X2P holders keeps increasing while the amount of X2P pooled in the pancake

swap address decreases with every charged transaction fee. Causing the BEP20 token to

farm a high yield for X2P investors.

4.2 Decentralized finance

As opposed to centralized exchanges such as Binance and Coinbase, X2P is traded on the

biggest BSC Dex (decentralized exchange) called PanCakeSwap. Without any third party

involved, wallet holders can swap X2P for BNB directly with other wallet holders. They

will hold the asset in their own wallet all the time. This is the most secure form of crypto

trading. With very low gas fees compared to 1inch and UniSwap, PancakeSwap is one of

the most competitive and practical dexes in the crypto-space. The high growth potential

of the BSC Dex can only be beneficial for X2P.

Email: [email protected]
Telegram: https://t.me/x2pofficial
Whitepaper X2P | 2021

4.3 Means of payment

The Binance Smart Chain is known for its low blockchain fee and stunning delivery

speed. X2P being a BEP20 token (built on the BSC) makes it a very fitting crypto valuta

for making payment orders. In the future we hope to establish numerous corporate

relations. With the goal to help them lower their network costs.

4.4 Hedge against inflation/deflationary supply

As every crypto valuta and commodity such as gold and silver X2P is equally fitting as a

hedge to inflation. This thanks to the inflationary aspect of the algorithm. The supply will

only decrease over time thanks to automatically and manual token turns!

4.5 Means of international money transfer

International transfers only a click away. Transactions realized and documented in a

matter of minutes. This all at the cost of less than a dollar. BSC makes this possible for

the global public. This happens without any third party involved! X2P tokens are traded

on a peer to peer network where every user is seen and treated as equal.

4.6 Transaction blockchain

Transactions made on the Binance Smart Chain with our X2P token are automatically

registered and stored in the X2P tokens. The data is encrypted and stored in the BEP20

token. This is keeping it as safe as it can be. This is very valuable for example companies

or other similar parties .

Email: [email protected]
Telegram: https://t.me/x2pofficial
Whitepaper X2P | 2021

5. Liquidity pool

5.1. X2P /BNB swap

XP2 will be tradeable on a PanCakeSwap liquidity pool. The pool will consist of a X2P/BNB

swap and the price will be expressed in BNB. We advise only swapping BNB for X2P and vice

versa within the liquidity pool. The X2P token will be automatically detected by PanCakeSwap

when entering the token address provided by our staff.

5.2. Price development in a liquidity pool

Price development in a liquidity pool differs from the price action on a crypto exchange such as

Binance or Bitvavo. For example: (given numbers only act as clarification and do not equal to

the actual amounts seen in the liquidity pool.)

When a liquidity pool exists out of 1 BNB and 1000 X2P

- one X2P token is worth: 1/1000 BNB : 0.001 BNB.

- one BNB token is worth 1000/1: 1000 X2P

Then an investor swaps 0.5 BNB at a rate of 1 BNB : 1000 X2P

The investor swaps 0.5 BNB and receives 500 X2P

The pool now consists out of 1.5 BNB and 500 X2P

- now one X2P token is worth 1.5/500 : 0.003 BNB

- one BNB token is worth 500/1.5 : 333,3 X2P

The X2P token price expressed in BNB tripled post transaction.

Causing a price increase in USD/EUR, given the fact that the BNB/USD exchange rate stayed

equal.

Email: [email protected]
Telegram: https://t.me/x2pofficial
Whitepaper X2P | 2021

6. Marketing Plan

We plan to apply different marketing strategies to grow our community.

- Local Social Media Marketing

- Business Marketing

- Promotions through world-wide influencers

- Airdrops & Bounties

- International Social Media Marketing

- International Business Marketing

- Word-to-mouth marketing

The further we develop this project, the more options we get. Entering the next stage, we

will evaluate our marketing options and do what’s best to keep increasing our audience

and exposure. All of our DEV’s are creative, productive and very dedicated to this

project.

Email: [email protected]
Telegram: https://t.me/x2pofficial
Whitepaper X2P | 2021

7. Team

- @PiriForPresident – CEO & Technical Engineer

- @Kees_VDS – CTO & Software Engineer

- @MrCorporate – CTO & Business Development Manager

In the foreseeable future we’ll have a live QA where the staff makes their official introduction to

the public and our awesome HODLER community.

Email: [email protected]
Telegram: https://t.me/x2pofficial
Whitepaper X2P | 2021

8. Tokenomics

1. Deflationary supply. The total supply will only decrease with the passing of time as our

X2P Token doesn’t support the creation of additional supply also known as minting.

Making X2P a truly deflationary token

2. The supply of the BEP20 X2P Token equals to a total of 125.000.000.000.000 Tokens.

3. We have a total fee of 15%

a. 10% gets distributed over all token holders each transaction,

b. 5% goes to LP.

4. Liquidity will be added to the v2 pool.

5. 80% of the total supply will be liquidated with 10 BNB.

6. Using cryptexlock.me the pool will be locked for a certain period of time.

Email: [email protected]
Telegram: https://t.me/x2pofficial
Whitepaper X2P | 2021

9. Conclusion

The combination of our devs, the community and the crypto space poise for great things. Low

withdrawal/deposit fees and quick rates give our X2P token a lot of advantage when compared to

the older defi projects. BEP20 tokens are more suitable as a means of payment. The focus on

investor safety and concern makes X2P a long term project, but with a very active day to day

management and marketing. The staff finds great interest in interaction with our community and

will attend our HODLERS as best as they can. Fasten your seatbelts as we’re going to the moon

and beyond!

Email: [email protected]
Telegram: https://t.me/x2pofficial

You might also like