Eterbase Coin (XBASE coin) is a digital asset exchange and cryptocurrency project that aims to meet the same security and compliance standards as leading financial institutions.. Their main goal in the stock market is the full integration of digital assets and the real FIAT world with SEPA and European IBAN accounts.
What is Eterbase (XBASE Coin)?
Categories: Stock Exchange, Platform, Cyber Security
Hello dear readers. Today, I will share with you the Fundamental Analysis of Eterbase Coin.
Eterbase Coin (XBASE coin) is the crypto currency that will be used in some financial services and will implement and support smart contracts.. These services include asset issuance and the reliable and transparent custody of various tokenized assets.
They also aim to surpass TPS in both existing traditional blockchains as well as Visa and Mastercard.
They want to build an exchange with a robust, scalable and flexible architecture.
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They are planning to launch debit and prepaid credit cards.
According to the Whitepaper, the Eterbase team is working closely with various regulators, central banks and relevant FinTech centers to test their work.
To obtain the necessary license for the exchange of digital assets whose purpose can be classified as Multilateral Trading Facility (MTF), Organized Trading Facility (OTF) or secondary market trading and securities .
XBASE n total supply 1 billion. The circulating amount appears to be 981,991,844 units, but look what the Whitepaper says in a nutshell:
“The founders get the reserve coins they want they can sell and distribute whenever and whenever they want”
We know this is very dangerous, right?
Let me give you the following information right after: Eterbase is based in Slovakia, registered April 24, 2019 a joint stock company.
No business scope (I translated the page from Slovak):
Although “Nope!” I could not see terms such as crypto money, digital money, assets (assets).. I don’t like this situation. Didn’t I see it?
Let’s look at the management:
CEO and Co-Founder, Robert Auxt is a veteran. Former board member of European Investment Bank:
CTO and Co-Founder, Martin Smutny, +15 years of experience in Computer Technologies leadership and e-government applications in Slovakia:
Chairman of the Board Tomas Pristac; More than 10 years of experience in the Asset Management, Investment and Financial services industry.
These are good data.
Intro to Twitter January 2018. Number of followers, 6070. I think there should have been more.
Telegram, 4589.
There are only 3 videos on YouTube.
XBASE coin; Traded on IDEX and P2PB2B exchanges. Also listed on Binance DEX on July 30. Since it has only been traded for 6 months, I consider it normal for it to be on 3 exchanges for now.
Important links:
Website: https://www.eterbase.com/
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Whitepaper: https://www.eterbase.com/whitepaper/
Twitter: https://twitter.com/eterbase
Telegram: https://t.me /EterbaseExchange
Dictionary
Fiat: Legal currency
Smart contracts: Automation of predetermined software tasks without human intervention.
SEPA: Abbreviation for “Single Euro Payments Area” which we can translate as “Single European Payments Area”. SEPA is a new route for cross-border euro bank transfers, and its purpose is to equate cross-border euro transfers in the region with a local transfer within your home country (Source: transferwise.com).
TPS: Transactions Per Second, number of transactions per second
Secondary market: Markets where securities are traded after their first issuance.
*This article purely for informational purposes. Does not include investment advice.
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