XendBit

Financial Opportunity to Emerging Markets

Ended

Start: 2019-01-03 | End: 2019-02-15

XendBit is a decentralized exchange and financial services platform for remittances, payments, aid disbursement, store-of-value and credit. Centralized exchanges are susceptible to internal and external security risks. This platform will be working on the blockchain technology based on Ethereum and will be issuing the ERC-20 token (XTN). The XendBit wallet uses bank-verified KYC and is being developed as an exchange. XendBit will be a platform to enable new blockchain-based financial services, taking advantage of the new opportunities presented by the blockchain ecosystem such as smart contracts, ICOs, crypto-loans, venture financing, and tokenization which will power digital identities, certificate registration and verification services. XendBit has built a platform that brings financial inclusion to the unbanked through a track-able, trustless crypto-based alternative to banks. It is an escrow-based P2P crypto-exchange and blockchain service with bank-verified KYC and quick withdrawals. XendBit will be a platform to enable new blockchain-based financial services, taking advantage of the new opportunities presented by the blockchain ecosystem such as smart contracts, ICOs, crypto-loans, venture financing, and tokenization which will power digital identities, certificate registration and verification services.

Team

Daniel Bloch

Partner

Philip Jarman

Partner

TC Waugh

Board Advisor

Segun Aina

Board Advisor

Bolaji Onibudo

Founder & CEO

Nkemdilim Begho

Marketing Consultant

Ebenezer Akintayo

Software Architect

Ankit Omar

Systems Designer

Anshul Omar

Senior Blockchain Developer

Femi Ashiru

Senior Product Architect

David Kuku

Cyber Defense

Opeyemi Adeniran

Senior Fullstack Developer

Ooreade Adeniran

UX/UI Developer

Brian Konrad

Board Advisor

Reviews

Albert Thomas

Nothing new about this blockchain platform. It is a typical crypto exchange platform and there is no significant need for this kind of platform in the market anymore. The market is getting saturated. There are problems with its website as well as the website is not working. The features of this platform are same as any other crypto exchange platform in the blockchain industry and do not make any sense. There is a very extensive competition going on in this industry. The good thing about this platform is that it is using some good modern day technology and for a successful blockchain company it is very necessary to be strong in its technologies. The pricing is done very nicely and the hard cap and soft cap numbers are good as well. The team is really good. It is an experienced team and there are also some young team members in it as well.

Rated on 2018-11-29
4.5

ICO Milestones

Q2 2019

XendBank Additional Services for Financial Inclusion.

Q1 2019

Release v1.0 of the XendCash and XendAid Blockchain Applications and Developing APIs.

Q1 2019

Start of Public Sale ICO (January 3, 2019).

Q4 2018

Start of Presale (December 1, 2018), Ending by January 2, 2019.

Q4 2018

Start of Private Token Sale, Ending by November 30, 2018.

Q4 2018

Full-Service Launch for XendBit Exchange, Partner Onboarding for XendCash and XendAid

Q3 2018

Alpha Release of Xendcoin Blockchain with Support of Smart Contracts (Smart Java Beans).

Q2 2018

Decentralised Exchange Features with Fiat-to-Crypto and Crypto-to-Crypto Trading.

Q1 2018

XendBit Blockchain MVP Forked, Alpha Release of XendBit Exchange and Wallet.

Q4 2017

Server-side Implementation of a Semi-Centralised Exchange with Remote Transaction Signing.

Q3 2017

Investigation of Various Blockchain and Development of a Basic XendBit Wallet.

Q2 2017

Multi-Chain Wallet implementation with support for Bitcoin, Litecoin, Ethereum etc .

Q1 2017

Android Bitcoin Wallet, Brokerage and asset custodian service development.