BCGAME - Free 5BTC Daily Bonus!XLD Finance cryptocurrency is an application that combines cryptocurrencies, digital credits and payment services in one platform.
In this article, we will discuss:
Who is behind the XLD Finance cryptocurrency project?
Ian Estrada, the co-founder and CEO of XLD Finance, recognized the limitations of today's reward programs. He dreamed of creating a much-needed solution to this dilemma by establishing a blockchain-powered platform.
With the help of its team and advisors who have experience in various fields, especially in the field of blockchain and finance, they were able to unlock more benefits in consumer rewards and successfully introduced them to the world of cryptocurrencies.
Collaborators and advisors
Anderson Tan
He is one of the contributors to Token XLD. He had already ventured into the food industry through 'Caffe Ti Amo' before its acquisition. He later switched to real estate until he finally got into early ventures and became an angel investor. He is now a mentor and has invested in over 100 startups, ten of which are already unicorns.
Gabby Dizon
He is one of XLD's advisors and is also a co-founder of Altitude Games and Yield Guild Games, which recently raised $4 million in funding for their initiatives. Play-to-Earn🇧🇷 Gabby is also president of Alto.io, a platform that connects gaming to the blockchain realm. In addition, he is also the Founding Member and Past President of the Game Developers Association of the Philippines (GDAP)
David Atkinson
He is one of the founders of BlockLeaders, a publication dedicated to the blockchain, and a member of the executive team at Holochain, a platform that created the HOT Token.
What is the XLD Finance Token?
XLD Finance is an application that combines cryptocurrencies, digital credits and payment services in one platform. It provides users with the ability to purchase, pay bills and fund various transactions across the world using cryptocurrencies.
XLD uses Polygon network
Polygon is a scaling solution that provides several tools to improve speed and reduce the cost and complexity of transactions on blockchain networks. Through his collaboration with XLD, he leverages his technology to help the platform build decentralized applications (dApp) for multiple markets.
Since big projects including SushiSwap, Cure Finance and Aave trust Polygon Network and use its technology, it's a clear sign for XLD to trust Polygon's reliability when it comes to security and performance. Polygon is also one of the Ethereum layer 2 solutions.
XLD token
The XLD Token is an ERC-20 token that runs the XLOAD platform, giving millions of prepaid airtime users access to more than 1.000 telecom operators worldwide.
XLD Tokenomics
- Total XLD token supply 1.000.000.000
- Advisors 5%
- Listing and launch 5%
- Marketing and Development 10%
- Team 15%
- reserve 20%
- Rewards 24,31%
- Partners 20,87%
XLOAD
XLOAD is a universal prepaid mobile airtime top up platform that allows users to top up any prepaid account on any mobile operator worldwide.
The app, which has already surpassed one million downloads on Google Play, also offers several games, including XLOAD Slots, XLOAD Spin, Color Spheres, Fly High and Hammer Stronk, where users can earn rewards for completing their mobile numbers in the XLOAD app .
The main purpose of the XLoad app is to provide users with multiple ways to earn cryptocurrencies, whether by getting involved in the XLD platform, buying prepaid credits or participating in partner projects.
Here are the other benefits users can get from using the XLoad app:
- Participate in airdrops (get rewarded for participating in project communities)
- Buy XLD Token directly from prepaid cards.
- Earn tokens as you play (in-game rewards that users can convert to XLD tokens)
- Earn XLD tokens by purchasing XLoad App Prepaid Credits ('cashback' model)
- Pay for IRL products (in real life) like prepaid airtime and utility bills.
- Acquire tokens by completing in-app missions
Platform users can claim their tokens by linking their Metamask wallet to XLD's DeFi app, and XLD will guide them in properly setting up their digital wallets. After completing this process, users can participate in various transactions such as trading with other tokens and participating in the XLD Liquidity Program.
Investors
The cryptocurrency XLD Finance has managed to attract a variety of investors, including SL2 Capital, Infinity Ventures Crypto, Fire Capital, Blockhy.pe and many more.
XLD Project Roadmap
- 2020 XLOAD MVP (Android App)
- Tested Engage-To-Earn and Play-To-Earn Mechanics, reached nearly 2 million users
- NOV 2021 (BETA) Token-To-Goods
- Use tokens to pay mobile recharge bills; users can exchange tokens to pay mobile bills.
- (BETA) Token-to-Cash
- Redeem tokens for cash; users can use their tokens to redeem money.
- DEC 2021 (BETA) XLD Rewards + Liquidity Program
- Stablecoin and earn rewards.
- 1st quarter of 2022 P2P On-Ramp
- Get tokens from Metamask using fiat.
- Handle token and fiat escrow type P2P exchange.
- Loan
- Stablecoin loan using SLP
- Users can borrow through an over-collateralized loan product.
Other Offers
'Missions', which were mentioned earlier in this article, are very similar to tasks in mobile games, which provide users with rewards for every achievement.
XLD is also planning to introduce additional features like sweepstakes and mini-games for users to provide them with additional ways to earn more tokens.
In addition to these things, the platform is already collaborating with several telcos and other companies around the world that offer rewards programs and plans to integrate their offerings into the protocol.
XLD is also building a software development kit (SDK) that users can activate to exchange their reward points for XLD or their preferred reward engine.
Conclusion
XLD Finance not only aims to redefine what “rewards” should be, but also wants to introduce cryptocurrencies for more people, making access to cryptography as easy as possible, which would help in mass adoption of the blockchain. Through XLD, people don't need to have a financial account just to venture into digital currency. All they need is a phone, a browser and Internet access. This initiative would certainly open cryptos to millions of people in the near future.
