TEXO Profile (TEXO)
Project Safety Score
Mon, Oct 18, 2021 9:38 PM
tEXO is the platform governance token that allows token holders to vote on proposals and approve new asset listings on ExoniumDEX. After initial equitable distribution of tEXO via a seed staking pool, tEXO will be the yield token to incentivise liquidity providers on ExoniumDEX. tEXO holders will be entitled to fees accrued on the platform for all the services provided. tEXO will also be one of the key collateral for tDollar - ExoniumDEX’s stable coin. tEXO will conceptually derive its market value based on market forces and ecosystem size. ExoniumDEX aims for tEXO fair distribution to a community with vested interest in the long term goals and success of ExoniumDEX. After mainnet launch of Exonium, tEXO holders would qualify for a share of additional transactional fees of swapping within ExoniumDEX as well as fees resulting from the usage of the ExoniumDEX satellite network inclusive of ExoniumBridge and ExoniumOracles. Use-cases for tEXO - Governance on platform's development and new implementation Collateral for tDOLLAR - Platform's native stablecoin Yield reward Performance fee sharing to tEXO token holders from ExoniumDEX services offered in the present and future (not limited to) - 1) Synthetic Assets 2) Decentralised Exchange (AMM) 3) Yield Optimiser 4) Non-native farming 5) Airdrop new partner tokens 6) EXO-Launch 7) ExoniumBridge 8) ExoniumOracles Currently, $tEXO does not have a maximum supply due to the need for a wide distribution of tokens to accommodate for utility within the range of DeFi product suites planned within the upcoming development roadmap. Multiple deflationary mechanism plans are in place to reduce supply and to maintain constant upwards price pressure: Buyback & Burn Taxation Further deflationary mechanics to be introduced for $tEXO ecosystem to become deflationary
Read more in the whitepaper:
TEXO Project Statement
Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.
Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.
TEXO Safety Report
TEXO has a safety score of 1.44
TEXO is a nano cap token.
TEXO is suited to a highly speculative investment style.
This profile is missing some data needed to perform a thorough analysis. Depending on what data is missing then this could have a negative impact on the overall rating.
- project team
- bitcointalk thread
- tradingview profile
TEXO Red Flags
There are currently no TEXO red flags.
TEXO Development Score
The TEXO project has 1 active source code repositories.
There have been no commit to any of this accounts repos
- 0 Watchers
- 0 Stars
- 4 Mentionable Users
- 0 Vulnerabilities
- No commits in the last 28 days
- daily repo updates
- no stars
- no watchers
- no mentionable users
- no repo stars
TEXO Sentiment Score
The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!The overall sentiment is very poor indicating that this project is either not well-regarded in the community or simply no one is talking about TEXO. In general as the popularity of a project grows and as main stream awareness grows this score will go up - though only if the news is good news!
- The overall sentiment is very poor
TEXO Community Score
The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on TEXO?
The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.
Overall TEXO has an poor community rating, small communities can be easily manipulated and bullied (banned from telegram, deleted from discord etc) into towing the project line. If a project is new and doesnt have a big active community then in general as the project grows the community score will increase.
- no reddit articles
- very poor hashtag tweets
- no gitHub account watchers
- no search result count
TEXO Awareness Score
The awareness score indicates how well TEXO is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the TEXO is but a good measure of longevity is how well the project is known by the general public.
Overall TEXO this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.
- no search result total
- no news articles mentioning TEXO
- no news articles directly about TEXO
TEXO Credibility Score
The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?
- New project age (released Sep 7, 2021)
TEXO Volume Score
The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag
- no USD 24hr volume
Red flags come in all shapes and sizes
At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.
You expect a level of transparency and professionalism from a project that is asking for your money.
There are all sorts of red flags which you should be weary of;
- 404 (missing) websites
- Expired SSL certs
- Malware/Hijacked sites
- Suspended Twitter accounts
- Private Subreddits
- SEC investiations
If you spot anything suspicious/resolved then please let us know.
TEXO Red flags
No red flags
No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.
How complete is this profile:
Lots of missing data points
This profile is still waiting for the following data points
- project team
- bitcointalk thread
- tradingview profile