Website

Capdax (XCD)

ICO

Last updated: May 04, 2018

Capdax is a cryptocurrency exchange for beginner and professional traders alike.

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Overview

Project industry	Trading & Investing
Product type	Platform
Whitepaper	Open

Technical details

Capdax Token (XCD) is a fully audited Ethereum based ERC20 utility token that is used for exchange fees on the Capdax exchange

What is Capdax

A simplified easy mode interface Capdax platform allows for an easy to understand introduction, while experienced traders will find a full suite of powerful tools and lightning fast trade execution speeds. Featured copy-trading allows traders to seamlessly follow the portfolios of others.

Details

Public sales: Feb 16, 2018 - Mar 16, 2018
Hard cap: 18,000,000 USD

Legal

Registration year: 2017

Office address: Unit 2403, Tung Wai Commercial Building, 109-111 Gloucerster Road, Wan Chai, Hong Kong.

Token info

Ticker: XCD
Type: Utility-token
Token standard: ERC-20
Accepted currencies: ETH
Bonus program:
Week 1: 25% Bonus
Week 2: 20% Bonus
Week 3: 15% Bonus
Week 4: 10% Bonus
Token distribution:
Token supply for presale(only Strategic Participants) - $9,5m
Token supply for Crowdsale - $6,5m
51% - will be sold in the token generation event
33% - will be held in a foundation for future growth
12% - will be distributed to the Capdax team
4% - will be paid to bounty, advisor, and partnership programs.
Funds allocation:
30% - Engineering & Development
25% - Marketing
15% - Administration & Support
13% - Security & Audits
2% - Legal
15% - Reserve

Capdax Roadmap

Q2 2017

- Foundation Establishment
- Team Formation
- Planning of Exchange Development
- Launching of Internal Tools & Services
- Private Seed Funding Round

Q3 2017

- Design and Development of Crowdsale Site
- Onboarding of First Staff
- Exchange Backend Architecting
- Corporate Entity Establishment

Q4 2017

- Frontend Engineering Alpha
- Proof of Concept Backend Alpha
- Public Awareness Community Outreach

January 2018

Strategic Presale

February 2018

Public Crowdsale

Q1 2018

- Capdax ERC20 Token Distribution
- Exchange Backend/API Operational Beta
- Exchange Frontend Private Beta Testing
- Security Audits & Hardening
- Social Trading Development

Q2 2018

- Capdax Exchange Official Public Launch
- First Major Marketing Push