Published: Aug 26, 2018

XELS

Website

Status

ICO

XELS is a decentralized ecological economy platform.

Whitepaper

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Interest lvl

Low

Updated: Jan 12, 2020

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User Rating

High

4/5 • 1 votes

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Ticker

XELS

Type

Utility-token

Registration countryJapan

Office addressYushin Bld. Annex 9F, 3-27-11 Shibuya, Shibuya-ku, Tokyo, 150-0002 JAPAN
Meieki East Bld. 9F, 5-28-1 Nagoya, Meieki Nakamura-ku, Aichi, 450-0002 JAPAN
Sankyo Umeda Bld. 5F, 1-5 Osaka, Douyamachou Kita-ku, Osaka, 530-0027 JAPAN
It Bld ll. A 3F, 1-5Fukuoka, Hakataekihigashi Hakata-ku, Fukuoka, 812-0013 JAPAN
Seiyu Bld. 1F 2F, 3-27 Kagoshima, Ogurochou, Kagoshima, 892-0825 JAPAN
Unit 5, 18/F Tamson Plaza, No 161 Wai Yip Street, Kwun Tong KLN, Hong Kong

What is XELS

XELS Platform

The use of blockchain technology in clean energy trading

The Blockchain provides an opportunity to manage the world’s shared natural capital equitably. Decentralization provides new structures for collaboration and technological solutions that allow people to take accountability for assets that are shared among large groups of people. In particular, XELS is leveraging the following aspects of blockchain technology & smart contracts:

Immutable records of environmental credit ownership and utilization. Using distributed ledger technology and transparent records for supply chain management, it is now possible to provide a dramatic improvement in the transparency and immutability of carbon liabilities and the application of carbon offsets at precise points along the value chain.

Global fungibility and transferability of tokenized assets. Tokenization allows for the rapid global transfer of digitized representations of fungible environmental assets, with far less friction by using Smart Contracts.

Natural integration into other blockchain platforms. Other platforms are emerging for verification of ecological impact, supply chain tracking and more. Integration of these systems is converging towards the ability of any individual or corporation to measure and offset their carbon liabilities in automated systems.

The XELS token is a digital asset created with long-term stability and commercial viability in mind. It is envisioned as the ultimate benchmark for climate-focused utility.

XELS Coin is issued to attain the following two purposes:

Creating a “Plentiful Life” of the users and the people in theworld;

Establishment a sustainable environment in which people have a promising future.

With the funds raised through the issuance of the coin, we aim to do the following:

The first two objectives will be related to elesol®, an electromagnetic attenuation plate, developed by our partner company elesol inc., which lowers electricity costs up to 20% by reducing energy waste.

XELS Roadmap

Q2 2018

Begin XELS coin issuance planning and business plan development

Q3 2018

Develop Website & Business Plan 1.0

Q4 2018

Integrate and Partner with ELESOL Develop XELS blockchain & Website

Q1 2019

Create new Business plan & Website

Q2 2019

Prepare Legal Documents for Private Placement Agreement

Q3 2019

Launch XELS to Private Adopters

Q4 2019

Launch Phase I (Exchange, Wallet, Blockchain, and ELESOL conversion)

Q1 2020

Launch Phase II - The XELS Foundation (Carbon Credit Offsetting)

Q3 2020

Launch Phase II - Enterprise & Ventures

Token Allocation

Total Token Supply 1,871,550,000 XELS

Token distribution

44.4% - Token for sale
10.69% - PR marketing
12.85% - Bonus
8.01% - Reserve
8.01% - Development (coin)
5.34% - Elesol team
5.34% - Partner's
5.3% - R&D(Env)