SUNX A TRANSACTION AND EXCHANGE PLATFORM FOR FIAT AND CRYPTOCURRENCIES
The advent of blockchain technology and decentralized digital currencies like Bitcoin, Ethereum and many other digital coin will fundamentally change the world’s view of money and its uses. The broad adoption of blockchain technology has the potential of reshaping daily activities and industries. Research has shown that the percentage increase in returns on investment in cryptocurrency over the years has spurred millions of investors around the globe to stake their funds for huge returns. A particular recently developed cryptocurrency has skyrocketed by 1000% within few months, which has attracted more curious risk takers into the digitally decentralized platform that has shown a wide disparity between itself and the trading of stocks and many other alt-coins in the financial market with all bonuses shared and paid in USD($). The recent advancement in science and business are being integrated into blockchain generally, and as a result, there have been an explosive growth in the markets with massive global attention.
A MORE EASIER AND EFFICIENT CRYPTOCURRENCY EXCHANGE PLATFORM
SUNX adds to this advancement by bringing about an atmosphere of easy and secured cryptocurrency/Fiat exchange platform where crypto entrepreneurs can exchange or convert different cryptocurrency to fiat currency on a regular basis. It is a blockchain based ecosystem that has been developed to empower crypto currency and other currency investors who would be given fees for using the algorithm of the platform. One of the goals to be achieved by the platform is to solve the problem of low returns on investment by empowering people financially through returns of up to 3-10% interest as they make use of the advance algorithm and App usage. Additionally, every investor is entitled to 20% (100 XNS) of every profit incurred monthly from the transaction charges if a trade is carried out using the SUNX app. SUNX has, as stated below a list of certain innovative features that allow investors to make effective trading in decisions as well as benefit from a secure trading platform;
• The investment becomes lucrative on the platform as users are guaranteed returns for their investments.
• Users can benefit from the effective trading as well as an investment program of the platform.
• Users can create their own hood or account on the platform and transfer cryptocurrency tokens to this account through MyEtherWallet.
• Bonus investment and special offers are made available to early investors of the platform who guarantee high returns on their investments.
• Security of the platform is one of the highlights of the platform; protection against spam and malware is ensured for the users of the platform as well as with the block chain nature of the platform that guarantees that all transaction records are made immutable, secure and transparent.
• Transactions are promised to be fast on this platform, especially when users are making payments to different parties as well as across different systems. Transaction speed is guaranteed to be fast and reliable.
• The platform offers an App that would help everything to be done through the smart phone; these could be transactions like currency exchange, transfers payments and instant loans; it also promises integration with different third party wallet providers as well as payment through QR code, SamsungPay, ApplePay, AndroidPay and others.
• The platform also serves as a peer to peer exchange of cryptocurrency and Fiat exchange at any given time.
The charge incurred during transactions are infinitesimally low and can be carried out immediately in more than 100 countries. Customers will be given friendly, experienced and dedicated support in these markets. Investors can be able to buy and sell top cryptocurrency almost instantly, such as Bitcoin (BTC), Ethereum (ETH), and Bitcoin Cash (BCH) etc. However, 5 other top coins will be added subsequently. There will be too sets of exchange, one for buying the other for selling of cryptocurrency.
HOW IT WORKS
The top coin in the crypto market will be used to carry out trade in this platform. For instance if an individual buys Bitcoin, Ethereum or Bitcoin cash with fiat money (USD, EUP, GDP among other currencies) it is possible for it to be sold back to their local bank accounts almost instantly (within 30 minutes or less). And since one of the main objective of the network is to be a reputable and trustworthy exchange platform, where smooth and faster exchange transactions will be done for organization and individuals to relate to our protocol – development of XNS token exchange for trading Bitcoin, Ethereum, and Bitcoin Cash (more tokens will be added in the future) to cash in the local currency of the investor which can be done instantly.
The platform is promising positive values in generating revenue for investors and every percentage incurred will be reading on SUNX dashboard. The developers ensure a user-friendly App for every user. In order to ensure optimum security the system will be equipped with two factor authenticator which will be globally accepted and traded. Quick, easy and safe withdrawals using bank ATM cards cannot be overly emphasized, but they are subject only to the transaction fee specified in the blockchain of the particular cryptocurrency. The organization will make collaboration with other exchange sites in order to reach organizational goals.
The wallet used for transactions, has a multi-signature which makes transactions to take place instantly. One of the signature key is controlled by the platform while the other is held by the multi-signature custodian. The reason for the split in control keys is also to ensure that the wallets are safe and secure.
TOKEN ALLOCATION
Supply = 10,000,000 XNS Tokens
Pre ICO sale = 1,000,000 XNS Tokens
Crowd sale = 5,000,000 XNS Tokens
Remarketing = 1,000,000 XNS Tokens
Team members = 900,000 XNS Tokens
Airdrop first stage = 200,000 XNS Tokens
Airdrop second stage (before crowd sale) = 200,000 XNS Tokens
Sustainability of company = 1,500,000 XNS Tokens
Crowd sale referral: Earn 10% XNS
Bounty = 200,000 XNS Tokens
TRANSACTION BREAKDOWN VOLUME MONTHLY
XNS Trade Volume 1: $10,000,000; $1,000,000 from company profits, $200,000 will be shared with the SUNX investors.
XNS Trade Volume 2: $100,000,000; $10,000,000 from company profits, $2,000,000 will be shared with the SUNX investors.
XNS Trade Volume 3: $1,000,000,000; $100,000,000 from company profits, $20,000,000 will be shared with the SUNX investors.
DISTRIBUTION OF SHARES
All the shares below are put in a pool and distributed
Stage 1: 100-10,000 (3% Shares)
Stage 2: 10,001-100,000 (5% Shares)
Stage 3: 100,100-500,000 (7% Shares)
Stage 4: 500,001 and above (10% shares)
ROADMAP
This platform known as SUNX establishment, was formed in 2017. The ideal of the platform and the formation of the blockchain technology was formed in the month of May 2017. In June 2018 the ICO campaign has been launched along with the alpha- beta version being developed for the SUNX App. Profit sharing will commence from august when early investors will be paid out their profit shares. Platform launch is planned for the end of 2018 after which further updates and developments are planned for 2019. Further advancement are as follows;
2017 - SUNX establishment (planning of XNS)
2017 - ideal of SUNX into the blockchain (month of May)
2017 - Research work started (month of August)
2018 - Pre ICO and ICO Campaign. Alpha-beta of SUNX App (month of June)
2018 - ICO launch and SUNX official App launch (month of June – July)
2018 - Profit sharing commence for investors (month of August – September)
2018 - Exchange listing (month of August – September)
2018 - Platform launch (month of November – December)
2019 - Q1 launch partnership and massive marketing
2019 - Q2 Updates and Upgrade of SUNX Application
2019-2020 - Expanding to other Countries using the SUNX App to buy and sell cryptocurrency with their local currency.
SUMMARY
The mission of SUNX is to make sure that every individual is able to make quick transactions in the comfort of his/her hood and also to solve the problem of low return on financial investment. Major Cryptocurrencies would be traded, and exchange/fiat currency investment opportunity records will be cryptographically linked to each other and stored in blockchain database of the exchange. Investors can be able to buy and sell cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and others - from the SUNX app which would be done instantly. XNS tokens will also have a peer to peer exchange in which trading would be done with an individual on the SUNX platform. With this objective at hand, SUNX envisions a time when people can be empowered financially by giving returns up to 3-10% interest via the advance algorithm of SUNX and the app usage. SUNX is the future of easy and secure internal exchange for trading. JOIN SUNXCOIN SMART BLOCKCHAIN CRYPTO FIAT EXCHANGE YOU WILL NEVER REGREAT IT. For information visit
Website: https://sunxcoin.com/
Whitepaper: https://sunxcoin.com/#whitepaper
Twitter: https://twitter.com/SunXchang/
Facebook: https://www.facebook.com/OfficialSunx/
Telegram: https://t.me/sunxcoinico
ANN: https://bitcointalk.org/index.php?topic=4073397
Written by Delightme
Bitcoin profile link: https://bitcointalk.org/index.php?action=profile;u=1860734