Hello everyone 🎈
and welcome to the first short #update for #XOT.
My name is Mert Can Elsner and I am the founder of the project, today I am going to inform you about the current topics that concern us, as well as the challenges that we currently have.
I would first start with the current situation on the market, then the current tasks that we have and then go into a little more detail about XOT.
If someone had told me a month ago that $GEM, $AMC, and $DOGE would rule the market, I would probably have thought they were crazy ,the market is changing so quickly and the ignorance that some people have towards retail investors is terrifying than ever.
If someone had told me a month ago that a trading platform, i.e. a third large financial institutional party for trading values, for small investors, was going against them in order to protect larger financial institutions, I would have told them that it had been happening for years.
But People are slowly waking up and seeing how manipulatively large financial institutions play in the market and are even covered by their governments, r/wallstreetbets now has over 5.5 million members (growing trend) and the term DiFi is slowly gaining more and more attention, this is best seen in the charts of DeFi Dexs coins such as UNI or 1INCH.
Elon Musk had already tweeted “ In retrospect, it was inevitable “ and I think so too. Just as we wrote and published in our whitepaper last year: “Blockchain technology is the solution to today’s trade and trust problem in the Financial world. With the involvement of a third financial institutional party, the trading parties often lose their privileges such as absolute control over the traded values.” XOT will play an important role in her and provide a remedy in a very easy-to-use form, however, the project has a lot of tasks that we take on step by step.
Our current tasks / goals is / are the adoption of trust wallet and the expansion of the XOT pool on UniSwap by wBTC and USDC in order to ensure market movements and secure investments for current and future investors.
‘Why is Trust Wallet so important to us?
First, we would have a secure decentralized environment for our users where they can safely store their tokens without having to have a lot of technical knowledge before.
We would then also update our icon on UniSwap, which would make the whole XOT project on UniSwap easier to recognize from other projects.
We actually meet all the requirements that Trust Wallet has given us, except for the number of users of 2,500 holders, we work to achieve this by the end of the first quarter of 2021 (currently XOT have 400 Holders).
What is XOT covered by?
All available XOT, with the exception of those not yet distributed, are currently covered on UniSwap by ETH and will be covered by other crypto currencies such as wBTC and USDC in the future.
We are also working on getting listed on Coinpaprika.com and Coingecko.com, however our small market capitalization makes our work a bit difficult.
Link to the Okuru Roadmap: https://okurutoken.org/roadmap
We are currently still at the very far beginning of the project, dividing each task into small steps until we get closer and closer to our goal so we need a lot of patience, everyone can help us by drawing attention to the project and together we will manage to make the world a little more decentralized
In the coming days we will publish an article in which we explain our goal for the project.
Regards, Mert Can Elsner.