Special Drawing Rights

Special Drawing Rights

TBA
1,417 Views
Special Drawing Rights (XDR) is a digital token on BSC backed by cryptocurrencies provides individuals and organizations with a robust and decentralized method of exchanging value. The innovation of blockchains is an auditable and cryptographically secured global ledger. Asset-backed token issuers and other market participants can take advantage of blockchain technology, to transact in decentralized, relatively fewer volatile currencies and assets. To maintain accountability and to provide proof of funds, we implemented smart contracts and a Decentralized Autonomous Company system to prove that issued tokens are fully backed and reserved at all times. How does Special Drawing Rights (XDR) work? Special Drawing Right (XDR) is based on Binance smart chain and fully backed by a weighted basket of major cryptocurrencies running on a DAO smart contract to provide proof of fund. What make Special Drawing Rights (XDR) special? We have the lowest management fee then other cryptocurrency funds, and since XDR is running as a DAO on BSC, we have highly transparent funding. Also part of the assets will be used to create liquidity in DEXs and earn interest. What is the weights of each cryptocurrency? The weights assigned to each cryptocurrency in the XDR will be reviewed weekly and the composition of the basket of cryptocurrencies will be reviewed monthly. How much is the management fee? The management fee of XDR is 0.13% pa, the fee will collect by minting 0.0025% of the circulating supply of XDR per week, the lowest in also cryptocurrency funds.
1.8
TOTAL SCORE
2.7
ICO PROFILE

(weight: 45%)

1
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Dates: TBA
Token info
Ticker: XDR
Platform: Binance Chain
Token Type: BEP-20
Financial
ICO Price: 0.01 BNB
Social media
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
Sponsy
Sponsy is disrupting the sponsorship industry. It is a one-stop online solution for sponsors and sponsees to conduct sponsorship deals. By tokenizing sponsorship assets and decentralizing decision-making, we do not only reduce costs, but also provide sponsees with a wider choice of sponsorship opportunities and make sponsorships available to every business.
Upcoming
INVERSE
INVERSE is a DeFi based platform that provides an array of smart-contract features with integrated time-based options. Users have the opportunity to speculate on the drop in value of a suite of Defi coins by utilizing the multiple 'tracking vaults' on the platform. XIV, the protocol's native token, is used to unlock these vaults, and then staked within these vaults for no more than 7 days. As their name implies, these vaults track the real-time price movements of select DeFi tokens (i.e. COMP, AAVE, UNI, YFI). After 7 days, if the value of the DeFi asset being tracked has dropped by a certain percentage, the user will gain a significant percentage yield on the amount of XIV held within the tracking vault. If the price of the DeFi asset does not drop in value beyond the predetermined percentage by the end of the 7-day staking period, the user will forfeit a portion of their staked XIV. Rewards will be automatically disbursed to the user’s web3 browser wallet at the end of the 7-day staking period. Ultimately, INVERSE offers users the option to hedge against the volatility of select crypto assets.
Upcoming
Gluon
Gluon’s platform establishes an interconnected network of vehicles where individuals and businesses can monitor, track, tune, and diagnose the issues in them. Not only can customers diagnose their vehicles themselves, order parts, and request bids on repairs, but they can schedule repairs, send/receive payments for services and goods. Consumers can tune their vehicles for optimal performance and/or regulate their use.Repair shops can diagnose vehicles more cost-effectively and accurately order the correct parts. Vehicle service record, repairs, diagnostics, smog tests are all stored in the Gluon secure blockchain based on the Stratis Platform.
Upcoming
Cure Cosplay
Cure WorldCosplay is the world’s largest Cosplay platform, supporting 12 languages where more than 720,000 members from more than 180 countries post their quality works - 6.5 million images and counting. Our official social media accounts are followed by more than 430,000 people across Facebook, Twitter, and Weibo. We have a strong emphasis on providing community service which is characterized by self-sustainability and development. Cosplayers have various motivations for their activity, some Cosplayer want to become professional, others want more fans, and yet others are looking to share their work with groups. Photographers and Props Makers working closely with Cosplayers also have some influence on the increasing diversity of motivations. COT will be used as a payment currency within the Cure WorldCosplay ecosystem, helping cosplayers without access to other online payment methods to be tipped for their services. Using the Cure Protocol, players will also be able to create and distribute their own personalised coin. This unique feature will bring power back to cosplayers, enabling them to monetize themselves as these coins can be used to tip players as well as purchase merchandise or event tickets. Player Coins will provide an accessible platform for cosplayers to promote their identity to the continuously growing 720,000 member-base of Cure WorldCosplay, as they will be directly attainable by fans. These coins will also allow cosplayers to develop deeper relationships with their communities, as users will be able to explicitly show their support while also gamifying their experience.
Upcoming
FinanceX
The FinanceX exchange platform enables users to trade using the local currency from a range of countries. This makes trading faster and easier as users can buy/sell cryptocurrencies directly instead of a slower and more difficult method using an intermediate, such as BTC or ETH. It also means that users can trade from many different countries with no added difficulty, setting us apart from other exchanges.
Active
Dether
Dether provides a decentralized peer-to-peer ether network that enables anyone on Earth to buy ether with cash and spend it at physical stores nearby. No bank account is needed, just a mobile phone with internet access. Our belief is that the beauty and power of the Ethereum technology should be easily accessible to all. We’ve decided to put all of our energy and that of the Ethereum community into helping us build the first trustless solution that will allow anyone to be able to interact with the Ethereum blockchain no matter who you are, where you are, and without the need for a middleman.