USDX Protocol
The Ultimate Stage of Stablecoin. USDX Protocol believes the future of cryptocurrencies is to create a widely-adopted token that the crypto-community will want to use for daily transactions in both the crypto and fiat worlds. USDX Protocol makes the blockchain economy more user-friendly and more convenient for the cryptocurrency community — investors, traders, and financial institutions alike. In doing so, USDX Protocol has developed a decentralized monetary policy ecosystem that takes Stablecoin to the next level of performance, offering a backbone infrastructure that serves as the key building block for the future blockchain economy.
I've invested at USDX Protocol and feel scam here now

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We also collect facts about the withdrawal of crypto active assets from the project. If you have any information available about a cryptocurrency, please, send it to us for analysis.

ICO
Project symbol
USDX
Country
Singapore
Link to website
Category
Cryptocurrency
SCROLL
THE STRIP

USDX is committed to developing the third generation Stablecoin ecosystem, to make the blockchain economy simpler and more convenient and to become the backbone infrastructure of the future blockchain economy. Cryptocurrencies’ rapid rise and promising future has attracted great attention from speculators and, increasingly, from Wall Street. There are rising expectations among academics and investors that virtual currencies will revolutionize the current financial system. However, the high volatility associated with traditional cryptocurrencies like bitcoin has crippled their adoption as a public medium of exchange. Stablecoin was invented to solve the high volatility problem of traditional cryptocurrencies. It is a special type of cryptocurrency that has its valued pegged to an index-most typically, the equivalent of one US dollar. The first generation of Stablecoin, represented by Tether, relies on a centralized and collateral-based model where, in theory, one Stablecoin is issued only when one US dollar is deposited at the Stablecoin issuer. However, regulatory risk and moral hazard have rendered this model unsustainable. The second generation of Stablecoin, such as Havven, also employs a collateral based model, where virtual currency instead of fiat is mortgaged on a decentralized blockchain network for the issuance of Stablecoin. While solving the regulatory and moral hazard problems, this model has created new issues with fluctuant collaterals and more complicated mechanisms. The third generation of Stablecoin relies on an ’algorithmic central bank’ to automatically adjust the total quantity and velocity of Stablecoin to achieve a stable exchange rate. The implementation of elastic monetary policy is strictly data dependent and will not subject to the governance of any centralized party. USDX is a third generation Stablecoin. Compared to other third generation Stablecoins, USDX differentiates itself in terms of its cuttingedge technology and robust algorithmic logics derived from economic principles. Specifically, USDX possesses the following 4 unique features: 1. USDX is a public blockchain based on ’Proof of Stake’ with high transaction speed. 2. USDX is compatible with existing blockchain infrastructures, such as cryptocurrency exchanges, wallets, and miners. 3. USDX has a sophisticated and systematic adjustment mechanism that can efficiently regulate price fluctuations. 4. USDX’s infrastructure was built with a goal in mind to serve as the center of the next generation blockchain-based financial system. We will build up a crypto-based financial system together with third-party developers.

TEAM
Richard Tiutiun
Chief Technology Officer
Dennis S. Lee
Chief Strategy Officer
Nina Ni
Chief Public Relation Officer
Simon Nie
Lead Engineer
Vincent Deng
Engineer
Sam Lee
Engineer
Julie He
Legal Intern
ADVISORS
Xiahong Lin
Founder of Bodhi
Alan Wunsche
CEO of TokenFunder
Patrick Dai
Founder of Qtum
I've invested at USDX Protocol and feel scam here now

If you suspect fraud, it is better to bring it to the attention of the law enforcement authorities. With ICO frauds, every day counts because fraudsters can sweep up the evidence.

Feel free to contact us:
We will help you to find the data about fraud (rate $ 30 per hour). In the future, you can submit this report and the case to any competent lawyer. An example of a research report is available here.

Consult us free of charge about collecting debts from an ICO project bubnov@forensictokenlab.com or via telegram @ICO_Forensic_NOW
We also collect facts about the withdrawal of crypto active assets from the project. If you have any information available about a cryptocurrency, please, send it to us for analysis.