Two Ethereum blockchain based Tokens will be issued: X8X and X8C. X8X serves as a Utility Token, enabling freeaccess to the advanced exchange processes of the X8C Currency Token, which has as its primary goal preservation of value by spreading funds among several fiat currencies and gold.
X8X Utility Token will be issued in the ICO.
Hype factor: medium
Short term investment score: 7.4/10
This is a unique project so it’s hard to predict how it will go. There is a hard cap of only 3.4 million but it’s difficult to estimate the demand for X8X because at the end of the day it’s not needed as long as you don’t want to exchange X8C for fiat. The very low initial valuation does make it very tempting however.
Long term investment score: 7.1/10
X8C will certainly be popular because it will be the first true stable cryptocurrency that is not dodgy and actually exchangeable for fiat. The popularity of X8C should boost X8X but X8X will not be needed to use X8C on exchanges like Bittrex or Binance where you want to quickly put investments when market dips so the usage will be limited.
ICO website: https://x8currency.com
Company website: https://www.ionectar.com/
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