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Xtremcoin (XTR) is an open-source exchange platform developed by Geliyoo Company. It is a payment gateway that utilizes technologies such as rings, bracelets, and glasses with exchange, creating a seamless payment experience. The platform operates on a closed-circuit system, enabling physical exchange offices to buy and sell assets within the country. XTR introduces a BEP-20 and ERC-20-based bridgeless payment system integrated into NFT marketplaces. Users can participate in crypto exchanges, deposit and savings programs, cross-platform DeFi applications, and NFT marketplaces using XTR tokens.
The Xtremcoin token, XTR, serves multiple purposes within the platform. Customers can utilize XTR to reduce trading fees and earn rewards. Additionally, XTR enables transfers within the payment network at more favorable conditions and lower costs. Xtremcoin has also partnered with Simplex to produce NFC Payment Rings, offering XTR as a payment option. With a focus on technology development, operational infrastructure, new partnerships, and marketing initiatives, Xtremcoin’s roadmap aims to enhance its offerings further.
Xtremcoin has a maximum supply of 20,231,453 XTR tokens. The Xtremcoin Foundation holds 16% of the supply, which will undergo semi-annual distribution over five years. The marketing and advertising efforts of XTR and the Xtremcoin platform account for 12% of the token supply. The founding team members received 8% as a reward for their participation. Partnerships and strategic ecosystem collaborations received 5% of the supply. Staking rewards (3%) and rewards for project advisors (2%) were also allocated. Community airdrops (3%) and private sales (3%) were carried out, with 48% of the supply dedicated to token sales.
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