XPRESS Token
Timeline
Investor Offering Schedule
March 2021
Stage 1
Private Sale

At the time of creation, the XPRESS token is offered exclusively to early stage private investors.

May 2021
Stage 2
Seed & Pre-IDO Round

XPRESS deployed on the Ethereum and Binance smart chain allowing seed investors to deposit ETH tokens and receive the equivalent amount of XPRESS tokens in their cryptocurrency wallet.

September 2021
Stage 3
Public Trading/IDO

Upon the CryptoXpress platform launch, XPRESS tokens will be made available for public trading via the CryptoXpress app and other secondary markets.

The XPRESS token is a utility token for the CryptoXpress platform which will be used to provide discounts, rewards, and bonus functionality to investors. Transactions paid for using XPRESS tokens will be significantly discounted with the token also being a central component of the CryptoXpress retail partnership initiative which will promote retail payments through XPRESS tokens in exchange for various customer benefits.
Technology
ERC20 Token
XPRESS runs on both ERC20 and BEP-20 network and is compiled with the latest version of Solidity, in order to avoid compiler bugs, along with a community audited token contract by OpenZeppelin. XPRESS can be stored on and transferred to and from most major cryptocurrency wallets including Meta Mask, Trust Wallet, etc.
Symbol: XPRESS
Decimal: 18
Total Supply: 10,000,000 (10M) Tokens
Allocation & Release
10m Supply
  • - Total Supply: 10,000,000 Tokens
  • - Private Sale: 137,000 Tokens
  • - Seed Round (VCs & VIP): 1,063,000 Tokens
  • - Pre-IDO Round 1 (Late VCs): 250,000 Tokens
  • - Pre-IDO Round 2 (Marketing): 50,000 Tokens
  • - IDO: 100,000 Tokens
  • - Exchange Listing: 1,000,000 Tokens
  • - Liquidity Requirements: 1,000,000 Tokens
  • - Marketing: 1,500,000 Tokens
  • - Development & Operations: 1,500,000 Tokens
  • - Team Reserve: 1,000,000 Tokens
  • - Foundation Reserve: 2,400,000 Tokens

XPRESS Token Value & Buyback Plan

The total supply of XPRESS tokens will never exceed 10 Million tokens and over the life of the project, CryptoXpress will repurchase XPRESS tokens from the public markets and burn them in order to maximize the token’s value through the reduction of its available supply. The company will continuously repurchase and burn XPRESS token supplies on a monthly basis until 35% of all available tokens have been burned. This process is expected to continue until February of 2026 when only 65% of XPRESS token supply will remain.

It's not rocket science

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