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by Nate Urbas

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Trend X

trendx.pro

(0 reviews)
(0 reviews)
Site Rank: 1279

If your website is on the scam list and you think that you are not a scammer, contact us. After you provide us with all the proof that you are in Crypto World with good intentions, we will delist you. Usually, you get in this category because you are hiding your team, you have a bad reputation(you are tricking, deceiving, scamming people), and you haven't got a written project whitepaper or is a shitty one....

Their Official site text:



TrendX logo

TrendX Whitepaper

Introduction

The $TRENDX token was developed as a result of the rapid and everchanging nature of "Microcaps". We noticed that when trading these projects there often emerges "trends" or "narratives" that attract a large amount of volume. Developers rush to build something related to these trends but by the time they have a product the money and volume has already moved onto something else. While having a niche focus is generally a good consensus in the business world we realized too many projects get pigeonholed and end up dying off as they are unable to adapt. This is why we decided to build a token that not only can adapt to any and all trends, but one that can make users money in almost all markets. One token to trade all trend, we introduce: $TRENDX.


Adaptability - The "X" in the name represents the ability for holders to benefit from any and all trends. Instead of having to rely on the success of ONE token, they instead get to benefit from any token that's part of what's trending.


Flexibility - The "X" in the name represents the ability to be flexible and allow us to pivot in any direction the market moves. This allows us to have a long term vision without having to rebrand.


Attractability - The "TREND" in the name represents the value and profitability of the token. When a trend is forming, it means a large amount of volume and money is flowing into one place. While other projects may benefit while it's hot, the second the trend changes their project statistically will die


Functionality 

This is a key element to all projects but one that rarely gets touched upon. In order for a project to do well long term it has to have utility, functionality, or value. Fortunately we have designed $TRENDX to include all of that. 


What's the utility?

There are 3 different "utilities" to those that hold the $TRENDX token. They are:


Payouts - Token holders that qualify and meet the minimum requirements will receive $ETH payouts to their wallets. After each payout the requirements will change in order to keep buyers and sellers engaged. Generally those that hold more than 1% of the supply will almost always qualify or be eligible for a payout. 


Airdrops - With the introduction of the TrendX launchpad we will be releasing tokens to qualifying holders. These tokens will be referred to as "Index Trading Tokens" or ITTs. These are uniquely crafted tokens that represent a current trend. Similar to an index fund, it will use the revenue tax from the token to purchase tokens that will make up a "basket" of "trending tokens". 


Trending Tokens - For those that want exposure to tokens without the risk of rugs, investing in these ITTs (Index Trading Tokens) will allow you receive payouts of promising tokens related to the trend. When people individually invest they have more risk verses a collective entity that uses a replenishing revenue stream (taxes) to continue to accumulate these tokens.


Overall the main utility can be broken down into holders receiving Free $ETH, Free Tokens, and exposure to projects without the personal risk of getting rugged. The more tokens you hold the more likely you will qualify for the AirDrops or Payouts. Smaller accounts will still have a chance at these payouts and will often benefit from the larger accounts purchasing up more tokens, driving up the price.


Payouts

One of the biggest selling points for this token is that investors are given the chance to receive Ethereum ($ETH) payouts. By not using the native token, which is typically done with reflective tokens, we eliminate the constant sell pressure of people selling. When the fund reaches a goal (gets announced after each payout), there will be a 48 and 24 hour countdown. This allows last minute buyers to get their affairs in order and to make sure they qualify for a share of the payout. Since the gamified feature of this token is that the rules change each time, there won't be any guidelines posted here. Generally the rules will involve holding a certain amount of the tokens. For those that don't want to constant follow along, holding larger positions more than 1% of the supply often will qualify for most things.


The Fund

There are two ways the fund grows:


Tax: A 5/5 buy and sell tax is the main source of how the fund continues to get replenished. As long as there is buying or selling the fund will build value. What makes this model unique is that when the fund gets closer to a payout the price will generally be higher. When the fund gets emptied and holders are paid the value may temporarily drop, but this then creates value as it becomes easier to obtain the tokens and start building a position to collect money from the fund.


Trading: The other selling point of this project is that we will be actively trading a portion of the funds to grow it faster. Our team of traders have proven ourselves as established Microcap traders and with public wallets others can verify our success. We also make sure to keep the risk lower on these plays as the appeal is to have a constant flow of payouts without hindering the grow. The other aspect of trading will involved us trading the ITTs that get airdropped to holders. These all will have separate funds that are related to that particular token.


Project Relationship and Design


$TRENDAI Revenue Streams

Trading Team Profits – We have a team of traders that have each been allocated a set of funds. They receive commission on every successful trade that puts money into the fund.


Fund Trading Profits – Since the traders will remain anonymous we will be sharing some of their trades publicly in the project fund. Not only will people be able to follow along but these profits will grow the fund.


Sponsorships/Partnerships – As the project grows we’ll be approaching teams and projects that look promising. To help them get exposure we’ll be doing writeups/analysis while charging a fee. 100% of these fees will go into the fund.


Buybacks/Giveaways/Personal Funds – Since there are no team tokens, taxes, or any marketing funds the only way for our team to make money is if the project is successful long term. This means from time to time we’ll be putting our own personal funds into the account as well as doing buybacks and giveaways to help grow it.


TrendX – This is our utility trading token that we will be using to help grow both funds. What makes this token unique is the gamified system behind it. The rules for the payouts change constantly and it offers rewards that will benefit both $TRENDAI and $TRENDX holders.


Research Requests – As we grow in this space and build our reputation we’ll be offering a way for projects or holders of other tokens a chance to get exposure through “research requests”. Projects or loyal followers will donate tokens to the FUND wallet for us to include them on our Research Reports. These donations will then go to $TRENDAI token holders. Full details on minimum requirements, how the reports work, and some examples will be coming soon!


Paid Telegram AMA’s – Any project that wants to get some exposure and have us host an AMA will have to purchase and deposit $TRENDAI into the fund and/or donate tokens. 30% of this will be given away to active members during the AMA and the other 70% will go into the fund.


Trading ITTs - Although $TRENDX holders are the ones that get airdropped these trading tokens, both projects will benefit from actively trading them and receiving payouts. If either fund holds these ITTs and qualifies for a payout, that money will go into the fund which then goes back to holders.


The original project, $TRENDAI, is a trading focused project that is funded with multiple revenue streams (see below). Holders were airdropped $TRENDX tokens. While the projects will act independently, there is reason to hold both. $TRENDAI is sourced through 8 revenue streams with 0 taxes and is not dependent of the buying/selling of the token for growth. $TRENDX is taxed but has a more consistent flow of revenue and gets you access to the TrendX Launchpad but relies on active buying and selling.


TrendX (ITTs)

These projects will be announced and airdropped to $TRENDX holders. These ITTs have their own funds and own rules and once again act independently of $TRENDAI and $TRENDX. However, these tokens will be actively traded by $TRENDX and $TRENDAI to maximize the speed of payouts. Consider these ITTs as rocket fuel for the TrendX Launchpad. If either $TRENDX or $TRENDAI funds hold enough of these tokens to qualify for a payout, they will receive it just as any other user. But the difference being that the money stays in the fund and will paid out to users. 


TrendX Launchpad


The TrendX Launchpad is our way to introduce new trading tokens that also benefit $TRENDX holders. These ITTs (Index Trading Tokens) will be airdropped to holders of $TRENDX. The exact amount and qualifications will vary with each project that gets launched. These ITTs are managed by our team and will each serve a unique purpose. They are separate from $TRENDX and $TRENDAI and have their own fund.


Conclusion

While we believe we covered the important parts there will of course be questions or sections we most likely will expand on. We will actively adding to the "Whitepaper" website page and most likely adding a FAQ section.


3 Key Takeaways


1) $TRENDX Utility - Hold the token get payouts and airdrops as well as tokens from other projects.


2) TrendX Launcpad - Receive ITTs for holding $TRENDX tokens. These ITTs will benefit holders through their own payouts as well as being traded


3) Which coin to buy or both? $TRENDX and $TRENDAI serve two different purposes and have two different revenue streams. $TRENDAI relies on traders, sponsors, partnerships, etc. $TRENDX relies on trading volume. $TRENDX will get you airdropped tokens and faster payouts, $TRENDAI will get you more reliable revenue and consistent payouts. Both projects benefit from the introduction of ITTs.


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