ALQO (XLQ)

ALQO, known by its ticker XLQ, is a scalable payment network operating on the FALQON blockchain. ALQO aims to revolutionize centralized payment networks by implementing a decentralized node network powered by its proprietary blockchain. The upcoming releases of Bitfineon and Payinx, a crypto-and-fiat exchange and a crypto-to-fiat merchant gateway, respectively, are the first products scheduled for release to support the ecosystem.

Payinx resolves the issue of fiat price volatility for merchants accepting crypto payments by allowing them to convert any crypto payment directly to fiat or stablecoin. This bridges the gap for traditional retailers interested in serving the growing crypto-paying customer market while reducing merchant risk. Bitfineon, on the other hand, is a best-in-class crypto-and-fiat exchange that offers a remarkable user interface and customer experience. It will provide OTC, margin and leverage trading, Auctions (an industry-first product), and more. ALQO holders who stake their XLQ coins can also earn up to 50% of all eligible trading fees collected by Bitfineon through a unique revenue-sharing program called the Sharepool.

FALQON, the blockchain that powers ALQO, aims to be fast, scalable, and smart, interacting with third-party solutions. It provides a smart contracts platform for instant cross-chain transactions, escrow services, and token generation capabilities. FALQON features include atomic swap functionality, a light client or node to interact with the blockchain, ThumbID naming system for user-friendly addresses, and DApps that allow users to write custom code for various purposes. With ALQO’s experimental digital currency, instant payments can be made globally without a central authority, utilizing peer-to-peer technology combined with a proof-of-stake minting system and masternodes.