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Xtribe

Providing a Bridge between the Virtual World and Realty

Xtribe was founded in 2014 and is a personal Geomarketplace that is planning on dramatically expanding its user base. It is a small and handy tool which has deeply changed the traditional concept of e-commerce. It is currently operating in four countries and the app has 700K+ downloads. Xtribe is a free app with no transaction costs. With Xtribe you can sell, buy, rent and exchange a wide range of products and services, within your local business market. Learn more here at Xtribe.io. Xtribe, through geolocalization, promotes local economies by connecting people with people as well as with local businesses - right in their neighborhood. Demand of goods and services between people and professional sellers through the Xtribe app will boost local economies and therefore the value of our token will increase because demand of our token will spike.

3.1
4 3 expert ratings
Benchy 3.8
Experts
2.1
2.6
2.9
View rating distribution
Ended
Token
XRBT
Price in ICO
0.0197 USD
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
USA, China, Canada, Israel, Vietnam, South Korea
preICO start
9th Aug 2018
preICO end
9th Sep 2018
ICO start
10th Sep 2018
ICO end
10th Nov 2018
More on ICO
Report

About Xtribe

Xtribe is an M-Commerce company that takes advantage of geolocation technology to match supply and demand of its Users. To this day, we’ve been successful in disintermediating and decentralising the market. Our next goal is to take our business model one step further with the aid of Blockchain Technology.

Xtribe’s service is offered through a free smartphone Application (currently available in Italian and English) which uses an active geolocation tool. Transactions are done directly between party and counter-party. The proximity between buyer and sellers allowed Xtribe to conduct its business without the need for intermediaries or commissions. As the company continued to grow, we realized that the interactions on our App could be more efficient with the integration of blockchain technology. Currently, payments cannot be completed within the App. Instead, they are completed in-person, directly between parties involved in the transaction. Integrating blockchain will allow us to maintain zero intermediary fees, increase our security and speed, and as a result, increase the scalability and reach of our service.

Xtribe’s team is currently working with some of the top Blockchain Specialists and Marketing Advisors worldwide, in order to deploy a fully Blockchain integrated business model.

Alongside Blockchain’s potential, Xtribe has two more significant success factors on its side.

First, the company’s expansion plan. The rate of growth of E-commerce and of its most current version, M-commerce, in the US represents a unique opportunity. Xtribe’s expansion plan during 2018-19 focalizes on the New York Metropolitan area, in 2020 on San Francisco Bay Area and on California’s urban centres and in 2021 on the Chicago Metropolitan area. The Population living in these areas totals over 60M people. In the next 12 months Xtribe’s target is to reach 1.2 M Users in NYC (5%) and 9.5k businesses.

Second, Xtribe’s history and experience. Xtribe is a real company, up and running. Xtribe is operational in the UK, Switzerland, Italy (under the name of X-solution srl) as well as in the US. Xtribe Plc acts as a holding company. It holds the totality of shares (100%) of Xtribe Suisse SA as well as of Xtribe US Corp. During 3rd quarter of 2018, the latter will buy back the totality of X-solution’s shares, which will then change its company name in Xtribe Italy. The share capital of Xtribe Plc, headquartered in London (UK), is of USD 306,000, which represents 9M shares divided among 28 Shareholders. Management holds 66.05% of shares.

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ICO KYC Report
2 members invited
Enrico Dal Monte
Passed
Mattia Sistigu
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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