Ethx Coin ICO (ETHX)
Blockchain based cryptocurrency trading platform
Ethx Coin Score Analysis
ETHX is building a global cryptocurrency exchange which will allow its users to convert their crypto to fiat and vice versa. Cryptocurrency exchanges are a very saturated market and ETHX doesn't appear to have any competitive advantages. Beyond that, ETHX did not do a competitor analysis or at least did not publish one. The only team members featured are the CCO and CTO (who is erroneously referred to as the CEO on the website) of which both are experienced. However, there doesn't appear to be a team of developers or marketers and the person referred to as the banking and financial expert seems to have no experience in the fields. According to the roadmap, ETHX should be releasing its first product in the near future. Despite no proof of marketers, ETHX has very good marketing and has even received a rather positive response from the crypto community. Aside from the aforementioned problems, ETHX doesn't appear to have any plan to deal with future regulation.
Ethx Coin Use of Token
Ethx Coin is the platform's native token. Ethx is an Ethereum based ERC20 token. There will be a total of 100 million Ethx coins, 40 million of which will be offered for sale via the ICO. Ethx tokens will be used to pay for the platform's trafing fees, withdrawal fees, and goods and products sold via the platform's merchant sevices.
Organization
SoulMachine Limited
Platform
Ethereum
Coin type
App Token
Category
Exchange
Max cap
20,000 ETH
Max supply
100,000,000 ETHX
Price
0.0005 ETH
Ethx Coin Token Sale Stages
- Stage
- Start date
- End date
- Amount of Tokens
- Price
- Discount
Ethx Coin Distribution
Ethx Coin Use of Proceeds
Ethx Coin Advisors
Ethx Coin Past Events
- 30 September, 2019
ethx.in was launched as a closed beta for users in India, it started only as an exhange and wallet for Ethereum but gradually other currencies were added.
- 30 November, 2019
Even though ethx was in closed beta and registrations were only possible by invitation, ethx managed to acquire over 10,000 users in just a few weeks from launch. Daily unique user logins at this point were over 5,000+.
- 31 January, 2019
Ethx grew from being a single to multi-currency exchange. With the addition of Bitcoin and Litecoin on the platform, the volume surged.
- 28 February, 2019
As soon as ethx became a multi-currency exchange, we were flooded with user requests. Ethx was still in closed beta and over 100,000 users were waiting in queue for an invite and we crossed 25,000 registered user mark.
- 31 March, 2019
Over the last quarter, we received numerous requests from international traders to join ethx. Hence the development of a global cryptocurrency exchange began.
- 30 June, 2019
On 15th June 2018, we opened the doors for the world by launching a global cryptocurrency multi-currency wallet.
- 31 July, 2019
We are conducting a Pre-ICO between 1st and 7th of July, 2018 with a 20% discount.
- 31 August, 2019
We are working on bringing to you a global exchange which would enable you to purchase and sell cryptocurrency using your credit card, debit card and bank transfers. Our launch date for this milestone is 1st August 2018.
- 31 August, 2019
We would be launching an enterprise suite that would enable small-to-large enterprises to get on blockchain with a click of a button.
- 31 October, 2019
We're currently building and testing a merchant solution that would enable users to conveniently buy goods and services using cryptocurrency.
- 31 January, 2019
This phase would include a hardware and a card. The card would be used by users to convert their crypto into fiat (if legal in the said country) or pay di- rectly from their crypto assets for goods and services. Ethx would now start recording all the transactions on its platform in a public pseudonymous ledger.