Dear users ,
IDAX will list XFOC and open trading for XFOC/USDT trading pair. The specific time is shown below:
Deposit Start Time : 13:00, October 27, 2019 (UTC+8)
Withdrawal Start Time : 13:00, October 29, 2019 (UTC+8)
Trading Start Time : 13:00, October 28, 2019 (UTC+8)>>>Go to trade
Token's Full name： XFOC
Token's abbreviation： XFOC
An innovative financial system will be created with XFOC.A blockchain generating blocks in 0.5 seconds can adequately function as a ledger management system for ordinary financial operations. XFOC has been developed as an original blockchain since 2014. BTC takes 10 minutes to generate a block, while even ETH, well known for its faster performance, requires 15 seconds.
A XFOC's blockchain takes just 0.5 seconds for block generation. This speed allows our blockchain to serve as an alternative system for credit cards or e-money. XFOC is a next-generation blockchain solution for banks.We will provide services needed across the globe. You can open the bank account online.
The dedicated XFOC app, WALLET, integrates and manages bank accounts in several currencies and cryptocurrencies. Banks that adopt XFOC will have SWIFT code. Therefore, it allows cash withdrawals and deposits at banks across the world. A CASHCARD will be issued to WALLET users. This card allows the withdrawal of cash at banking partners around the globe. XFOC also aims to participate in the QR code payment business to make the WALLET-based payment method available for use in stores and shops worldwide.
XFOC token will start to be used by a bank in the spring of 2020.
Token distribution (Contents to the White Paper)
Total Generating Coin：100,000,000,000
XFOC Grant Ratio
- Investors and advisors：37%
The XFOCs holded by 10%: Promotional costs XFOC are locked up, and2.4% tokens are unlocked annually
- System development：20%
- Financial services costs：70%
- Promotional costs：10%
Risk warning: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. IDAX will make best efforts to choose high quality coins, but will not be responsible for your investment losses.
IDAX reserves the right to make adjustments and final interpretation of this announcement. Thanks for your support!
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