Ecosystem

BILISEF (Bitcoin & Litecoin Savings Exchange Foundation)

What is the BILISEF (Bitcoin & Litecoin Savings Exchange Foundation) fund in terms of currencies XS coins, hereinafter referred to as the Fund:

1. The Foundation is the authority responsible for the development and operation of BitcoinXS and LitecoinX projects.
2. The Fund is a guarantor of the stability of BitcoinXS and LitecoinX currency quotes
3. The Fund has a collegial structure for managing decisions on the activities of the Fund’s partners, based on open voting of partners in the system one wallet – one vote, thus respecting the anonymity and impartiality of all participants
4. The partner of the fund is every investor of the ICO currency group XS coins

For BitcoinXS and LitecoinX projects, the BILISEF Foundation (Bitcoin & Litecoin Savings Exchange Foundation) is:

1. Authority engaged in the development, issuance and initial placement of 30% of BitcoinXS and LitecoinX coins throughout all stages of ICO
2. The body regulating the rates of coins BitcoinXS and LitecoinXS in the conditions of falling market quotations of currencies, thus acting as a guarantor of maintaining the stability of investments not below the threshold values ​​of + -10% relative to the initial price of coins starting from the date of listing on cryptocurrency exchanges at a specific ICO stage
3. The body regulating the creation and provision of coins of the XS coins group, by means of forks of the main popular hashing algorithms and conducting ICO of these coins, to ensure the timeliness of execution of the functions assigned to it
4. The body responsible for the popularization of coins of the XS coins group and the development of the mining of these coins, through the creation of public mining pools

Functions of the BILISEF Foundation (Bitcoin & Litecoin Savings Exchange Foundation) for third-party startups:

1. Accumulation of third-party startups to determine the feasibility of investment and the viability of projects
2. Analytics, marketing research, determining the audience of projects for the provision of biliSEF Community
3. Control and ensure open community voting on key parameters
4. Compilation of summary lists of screened and approved projects by the community and the Black and White list.
5. Timely provision of lists for the crypto community as a whole, as well as popularization

Functions of the BILISEF Foundation (Bitcoin & Litecoin Savings Exchange Foundation) of the upcoming ICO startups from the White list:

1. Accumulation of data from ICO startups from the White List to determine the feasibility of investments
2. Analytics, marketing research, determining the audience of investors for the provision of biliSEF Community
3. Control and ensure open community voting on key parameters
4. Compilation of summary lists of screened and approved projects by the community and the Black and White list.
5. Timely provision of lists for the crypto community as a whole, as well as popularization

Stable ecosystem

The main goal of the biliSEF foundation is to rally the community to accomplish the set tasks. The structural base includes:

1. Crypto community
2. Reserve background of coins of the group XS coins
3. Contingency reserve fund including BTC, LTC, XRP, TRX, ETH tokens

The main means of payment within the services are the currencies of the XS coins group. The total size of the offer of each of the coins of the group is 100,000,000 units. The next stage after the creation of each of the group’s coins is to hold an ICO in the amount of 30% of the total offer of coins, 75% of the raised funds form the Reserve Security Fund (RSF), 14% are related to the costs of ensuring the costs of developing the project infrastructure.

Each coin’s premine accounts for 10% of the offer of each coin and forms the reserve fund XS oins (XSRF), which is further involved in the formation of additional reserves for providing coins. At the fourth stage of the ICO of each coin of the group, the fund provides data on the source code of the coins and all the accompanying information for the subsequent listing of the coins to the main crypto exchanges. After the initial placement of tokens, within 1 month the development team provides the official mining pool for public access, in the future ensuring the performance and reliability of the pool is a priority. Official pool commissions also form a reserve fund of XS coins. Each currency investor in the group, a miner, a trader, that is, the holder of coins of the XS coins group is a partner of the fund and is part of the biliSEF fund community and has the right to vote when voting on the fund’s service platforms.

How it works

Step to step

1 step. XS coins developing

The creation of XS coins is carried out according to priority blocks, including the use of various types of equipment.

2 step. ICO

Initial placement of coins to attract investment in the project and further formation of reserve funds for the phased development of the platform

3 step. Reserve funds building

10% premine of each coin form the XS Reserve Fund (XSRF), 75% of the ICO form the Security Reserve Fund (RCF), which subsequently constitutes the regulatory mechanism of the fund

4 step. Coins listing

Providing data on the source code of the coins and related information for the subsequent listing of coins to the main crypto exchanges

5 step. Public mining pools

Development and implementation of the official mining pool for public access and further ensuring the efficiency and reliability of the pool as a priority task

6 step. biliSEF community building

Investors, miners and traders community formation for the implementation of projects and services of the platform.

Get started with XS coins

What XS coins are :

XS coin use peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of XS coins are carried out collectively by the network. XS coins are open-source; its design is public, nobody owns or controls it and everyone can take part. Through many of its unique properties, XS coins allow exciting uses that could not be covered by any previous payment system. XS coins are forks of popular coins, first of all Bitcoin and Litecoin created to maintain mining as a decentralized business.

XS coins as Bitcoin :

  • Fast peer-to-peer transactions
  • Worldwide payments
  • Low processing fees

XS coins features

Provision of currencies with basic cryiptocurrencies

The XS coins group currencies are provided with basic cryptocurrencies. The security is formed at the stage of initial placement of 30% of each of the coins, 75% of which is the Reserve Fund. Also, the reserves are replenished by the implementation of 10% of each of the coins obtained with premine.

Serve as a tool to stabilize profits and minimize losses

Coins act as a tool to minimize losses in case of unpredictable volatility of exchange rates on crypto exchanges. This function is implemented by reinvesting.

Adjustable minimum XS coins courses thresholds

Remaining decentralized currencies, the minimum thresholds of rates are regulated by the biliSEF fund at the expense of reserves, ensuring timely pamp and dump rates on the main crypto exchanges

Called to support and increase mining profitability.

This function is a consequence of the systematic creation of new XS coins and ensuring their cryptocurrency reserves. Thus, the profitability of mining stabilizes and slows down the process of obsolescence of mining equipment by stabilizing the complexity of XS coins networks

A wide range of applications XS coins crypto community

XS coins are the main means of payment within the biliSEF fund services, both for startups, ICO applicants, and community members in the framework of the provision of paid services and voting. Also, XS coins are a means of payment on the websites of partners of the fund.

Provide security to third-party ICO leased currency

XS coins are the main means of payment for ICOs on the fund platform, thus providing guarantees to investors and the circulation cycle within the framework of the ecosystem being created.

Startup Rework Help Service (SRHS), ICO Rework Help Service (ICORHS)

For startups owners :

Startup Rework Help Service (SRHS), ICO Rework Help Service (ICORHS) are services where each startup and ICO project presented in the Rework list can request help in developing the project to biliSEF community members who participated in the project analysis and voting. It is a platform where customers can choose a specific artist to refine one or another aspect of their project and pay it off with the help of any of XS coins, thus becoming members of the community themselves.

For biliSEF Community :

In turn, for community members, these services are a platform for offering services in a particular area to refine existing projects with payment for these services.

Thus, services are the place of direct communication between start-up teams and the target audience in order to correct the existing problems in the development of projects and obtain the result needed by the community.

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