Submit ICO / Airdrop ★ Get Promotion

ICOmarks
ICOs
Special Drawing Rights

Special Drawing Rights

Special Drawing Rights

TBA

1,654 Views

Visit Website
Last screenshot taken on
26 Oct 2021 .

Add to Watchlist

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.

DeFi

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

Twitter

HORIZONTAL

SQUARE

HEIGHT - 0px

WIDTH - 0px

PUT THIS CODE TO YOUR WEBSITE

Other Interesting ICOs

The SISHUB project is developing an anonymous messenger and a decentralized system for sharing data through the utilization blockchain technologies. Does Not Log IP Address. Only complex identifiers and tunnels for data transfer will be used, which will change every 10 minutes. Absence of information collection, control over users and collection of geodata. SISHUB uses triple encryption of its own design, based on AES CBC, DSA, HMAC, when most use Curve25519, RSA 2048. All data is hashed using the SHA-2 protocol (64-bit architecture).

The SherCoin team has realized that the best way to create a good cryptocurrency that will achieve mass adoption is by creating a multi-functional token that has more than one utility. Most of the altcoins are Ethereum-based coins that only offer one application. SherCoin features five different related applications in one. The ecosystem has a theme: User provide valuable economic services for businesses such: as checking market place for counterfeits, reporting fake or suspicious products; filling out surveys and giving information, feedback, and data, so business can make informed decisions; giving the users an easy way to manage the cryptos the earned; and then giving them outlets to spend/exchange their tokens.

The Constellation protocol implements a horizontally scalable blockchain architecture known as Extended Trust Chain with a peer to peer layer known as a gossip protocol that can be deployed on a mobile device. Constellation approaches smart contracts with a microservice architecture allowing for highly available services to be chained and composed into distributed applications with just an understanding of each microservice’s SLA (service level agreement) and/or type signature. This architecture ensures high transaction throughput, allowing for consumer grade distributed applications to be built on Constellation.

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.

Apillon is a Web3 development platform empowering developers to build in the Polkadot ecosystem. Through standard API connections, it provides the complete technology stack of connected services for creating NFT, GameFi, DeFi, and other Web3 products easily, reliably, and fast.

Xsure is a decentralized risk management platform that facilitates real-time communication between insurance providers and the end customer. With the help of machine learning and blockchain trust-less governance technologies we have managed to eliminate third parties from the whole insurance life-cycle and turn it into a dynamic process instead of a static one.