With the mass adoption of cryptocurrencies, it is expected that by 2030, we will see one billion users entering this bustling market. However, despite the explosive growth of the crypto market, information is also flooding in at an exponential rate for traders amidst the unpredictable waves. The abundance of information has led to a sharp decline in credibility, with various Twitter experts becoming rampant. As a result, potential future investors still lack access to reliable content, and traders with genuine market acumen find it challenging to profit from their insights.

XRADERS enables seasoned traders and investors to share their existing insights through consensus curation on the blockchain, helping investors to understand the market and make informed decisions.

What is XRADERS

XRADERS is a decentralized expert curation platform on the BSC chain, aiming to transform how expert advice is shared and utilized in the trading and investment community. Through a decentralized network, it provides valuable information to a broad audience, helping traders and investors make relevant decisions.

XRADERS offers reliable guidance to retail traders through three main features: Guess2Earn, Expert Verification, and Vote&Earn, covering the entire process from user acquisition to expert curation.

Guess2Earn

As the core feature of XRADERS, Guess2Earn allows users to make percentage predictions of coin prices within the protocol, simplifying the mode of market judgment compared to traditional copy trading. Players’ prediction records are directly recorded on the blockchain, becoming a direct indicator of their trading skills. In Guess2Earn, low-threshold prediction games enhance the gamification and interactivity of trading, fostering active community participation, creating a real-time community sentiment indicator, and encouraging players to participate in a fun and competitive way. The immutable on-chain interaction data becomes an essential and unique metric for each user. Professional users can combine subsequent monetization mechanisms to improve their records for exposure and corresponding income, providing investment references for the broader user base and achieving mutual benefits.

As of March 2024, XRADERS has reached 500,000 monthly active users, over 160,000 daily active users, and more than 800,000 daily transactions, with strong support from markets including Africa and the Asia-Pacific region.

Expert Verification

By actively participating in G2E competitions on XRADERS and achieving a certain high win rate, players can be certified as trading experts within XRADERS. These experts can provide insights to a broader group of traders and continuously expand their influence through voter votes. By consistently providing accurate analyses, experts will receive rewards for their market views and contributions to the platform.

Voting

Users can choose to stake XR tokens and become voters, voting for experts within XRADERS. Experts with more votes can gain more exposure and thus stronger competitiveness. Voters who recommend outstanding experts through the voting mechanism can also receive corresponding rewards, recognizing their role in discovering and promoting outstanding market analysts.

Team Background

The XRADERS team has extensive experience in blockchain and cryptocurrency. The two founders, Jeffery Jin and Rachel Jang, both graduated from the University of Washington and have participated in the construction of several blockchain projects, leading projects listed on well-known exchanges such as Binance and Upbit.

Funding Status

On April 2, 2024, XRADERS completed a $2.9 million seed round of financing to support its development and operations. Investors include FBG Capital, GBV Capital, Marblex, Icetea Labs, Basics Capital, Marshland Capital, Northbund Capital, HG Ventures, Alpha Protocol Ventures, Vista Labs, GBIC, Lemon22, IOST, 071labs, Alphanonce, Onemax Capital, StudioB, Nexus One, Morpheus, and Planetarium.

XR Tokenomics

As the governance token of the XRADERS ecosystem, XR is an indispensable part of the ecosystem, facilitating various transactions and interactions within the platform. The total supply of XR is 100 million tokens, granting players the right to vote and select experts within the protocol and allowing users to participate in related governance. XRADERS’ token economy enhances community vitality and increases the utility and value of the token by incentivizing user contributions, expert content subscriptions, participation in governance decisions, and market transactions.

Distribution and Vesting

The total supply of XR is 100 million tokens, distributed as follows

Flywheel Analysis

XRADERS’ flywheel model illustrates how the various elements of the platform interrelate to drive continuous growth and improvement.

Cycle 1: The initial growth cycle begins with increasing user engagement within the app. Increased activity leads to the addition of more skilled players. The inclusion of these skilled players generates more comprehensive and valuable data, significantly enhancing the overall user experience.

Cycle 2: Once the previous cycle stabilizes, it lays the foundation for more user interactions. The insights and skills of expert players further strengthen this loop. Their participation stimulates more copy trading activities, forming a self-reinforcing loop that continuously improves the user experience on the platform.

Through this flywheel model, XRADERS can provide investors with equal trading opportunities, reward corresponding contributions, and offer a reliable and trustworthy on-chain trading environment.

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