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CrossFi (MPX)

Cross Finance offers an innovative solution addressing critical issues by enhancing efficiency, ensuring data security, and reducing transaction costs. At the core of its ecosystem lies Cross Finance’s blockchain platform, CrossFi Chain, enabling the deployment of various DeFi products.

Testnet: https://coinlist.co/crossfi-testnet

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Overview

Project industryBlockchain Infrastructure
Product typeEcosystem
WhitepaperCrossFi White Paper Open

What is CrossFi

CrossFi Chain is a layer 1 blockchain with a modular architecture. It consists of two integral parts, Cosmos and EVM. Each part is responsible for its specific functionality, with their work completely synchronized as a single organism.

Due to this CrossFi Chain combines the advantages of Cosmos Tendermint and Ethereum Virtual Machine, allowing it to be maximally:

  • Functional
  • Scalable
  • Interoperable

At the core of the CrossFi Chain there are two native coins:

  • Mint power (MPX)
  • CrossFi (XFI)

Details

Token supply: 4,000,000,000 MPX

Legal

Registration year: 2023

Token info

Ticker: MPX, XFI
Type: Utility-token
Token distribution:
Advisers - 2.5%
Development and implementation of banking sector product - 35%
Development and implementation of defi sector products - 35%
XFI liquidity pool - 15%
Marketing - 10%
Team - 2.5%

CrossFi Roadmap

1
Q1 2024
  • Public Testnet launch with EVM
  • CrossFi Foundation programs launch
  • CrossFi APP release
  • Pre-order launch for bank cards
  • xApp launch on CrossFi Mainnet
  • xUSD launch on CrossFi Mainnet
  • Product emission of Visa DEBIT
  • Connecting CrossFi cards to GooglePay
  • Bingo Ringo development
  • Diggy Boom: the start of development works
  • xUSD2.0, Synthetic Assets: the start of development works
2
Q2 2024
  • xUSD 2.0 launch on CrossFi Mainnet:
  • Connecting CrossFi cards to ApplePay
  • Continuation of CrossFi Foundation grant initiatives
  • Synthetic Assets launch on CrossFi Mainnet
  • Diggy Boom development.
  • Bet Banger: the start of development works
  • Development of Digital Identity & Account Abstraction
  • CrossFi SDK
3
Q3 2024
  • Margin Trading and Options Trading launch on CrossFi Mainnet
  • CrossFi Foundation development
  • Creation of applied mechanics for the integration of new products and projects into the Cross Finance ecosystem
  • Bet Banger launch on CrossFi Mainnet
  • xApp 2.0
  • Launch of Digital Identity & Account Abstraction
4
Q4 2024
  • Identification of directions for further activities of the CrossFi Foundation
  • Scaling initiatives for targeted development of Cross Finance ecosystem products
  • Updating Cosmos SDK and EVM versions

Project team

Alexander Mamasidikov
Alexander Mamasidikov
CEO, Chief ideologist & coordinator of the team
Alexander Mamasidikov linkedin
Fyodor Bogorodsky
Fyodor Bogorodsky
CFO, Expert with 27 years of experience in banking and finance
Leo Kahn
Leo Kahn
CMO
Phillip Alexeev
Phillip Alexeev
Chief Growth Officer

Advisors

Ryan Horn
Ryan Horn
Global Development Strategy Advisor
Ryan Horn linkedin

Social media

CrossFi web-siteCrossFi MediumCrossFiYouTubeCrossFi TelegramCrossFi LinkedInCrossFi TwitterCrossFi FacebookCrossFi DiscordCrossFi Github

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