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[ANN] XhoDL - Most exclusive token For extreme hodlers only

 
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stylecrush
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Joined: 27 Feb 2018
Posts: 19

PostPosted: Tue Mar 06, 2018 2:58 pm    Post subject: [ANN] XhoDL - Most exclusive token For extreme hodlers only Reply with quote

http://www.xhodl.co/

http://xhodl.co


The XhoDL (eXtreme hoDLer token - signal XDL) is an ERC20 standard token built on the
ethereum blockchain as a smart contract (link) (XDL-contract).
XhoDL is unique by presenting both an interesting and a high risk investment
opportunity, and is an exclusive coin due to its limited supply.
XhoDL’s value is grounded by the XDL-contract, which always offers a buy/sell price in
etherum for a single coin only.

The XDL-contract selling price starts at 1 wei for a signal coin and quickly changes
according to the following rules:

1. The XDL-contract will buy a single token for half of the token’s value.
2. After the XDL-contract sells a token, the token value is doubled.
3. After the XDL-contract buys a token, the token value is halved.
4. The XDL-contract will only handle a single coin at a time.

In this matter, the token value can increase exponentially. Thus, only a limited supply of
tokens can exist (according to the current ethereum supply). These rules also make for a
token that is extremely sensitive to buy/sell actions. As the token will grow in
popularity, it will be traded between the parties hodling the token and not directly with
the contract. This will stabilize the coin’s values and make the coin a very exclusive,
unique and expensive one.



HOW IT WORKS
There are three rules that govern xhoDL:
• Purchasing a token: when a token is purchased, its price doubles.
• Selling a token: when a token is sold, its price halves.
• Cashing out: when cashing out, the value of the token will be sold at half of the current price, but the token's value will never go below 1.

IT RAPIDLY INCREASES
The potential for the XhoDL's value to increase exponentially is very high. For example, if 10 coins were purchased after you initially purchased your token, its value increases by a thousand times. On the other hand, it is important to note that it can lose it's value quite rapidly, as well.

NO EXIT STRATEGY
A Smart Contract enforces the XhoDL rules. Thus, you can always cash out and there is no way for anyone to run off with all the money.
As long as you do not cash out, the token value will skyrocket and give you the prestige of holding this unique token.
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