XCR Update

Regarding the listing of XCR, we are continuing discussions with global exchanges for listing.

The listing timing of XCR will be decided in consideration with project progress of global decentralized consortium members (CROSSTECH consortium members) who sympathize with the concept of CROSSTECH and contribute to the XCR ecosystem.

Since CROSSTECH consortium members are independent companies and organizations, the progress of business varies and is managed by each consortium member.

Currently, we are updating the whitepaper, taking into consideration products developed by the consortium members and status of the CROSSTECH original chain development.

The original chain of CROSSTECH is CROSSVALUE Chain.

CROSSVALUE Chain will be a unique chain packed with technologies that support the applications of the decentralized value exchange platform, which is CROSSTECH's mission.

As things changed drastically with coronavirus, the transition to more decentralized mechanisms, organizations, and applications is in progress.

It’s expected a series of new supply chains, such as value created by new concepts, their exchange, relocation, and conservation, will become a trend through social experiments in pursuit of sustainability.

NFTs, which are currently trending, is one of them.

CROSSTECH designs and develops unique chains that envision many social experiments and even business models after that, as new concepts are born and chains that can support many new use cases are required.

The whitepaper also includes the concept of an application that runs on a chain.

In addition, CROSSTECH is moving forward with a very big vision for XCR, which is the key token of the project, and many products will provide the benefits of XCR holders.

We will announce the first release of the original chain soon. Thank you for your patience until the announcement of the XCR listing.

Regarding the XCR Swap

The XEX and KOIN for XCR swaps will be conducted just before the XCR listing due to liquidity considerations.
Also, as we have previously announced, XCR swaps are only available for CROSS exchange and Koindex wallets.
Swapping of XCR using an external wallet will not be supported.
XCR will be issued as an ERC-20 token, until its mainnet release.
We will inform you on the swapping of XCR when the time comes.

Stay tuned for future updates.