July was a hot month for Xank (literally and figuratively). As the monsoon season hit us in Korea, we flew to blockchain conferences in the Asia region, where we presented and engaged with fellow blockchain leaders and enthusiasts. We also adopted a marketing strategy that benefits companies, consumers, and Xank. Here’s a look at what happened in July.
Ryu, Xank’s founder, spoke at the 2019 Singapore World eSports and Blockchain Summit, preaching Xank to an attentive crowd. Ryu delivered the message of Xank’s dual nature as a free-floating cryptocurrency and an on-demand stablecoin to the audience, and later during the conference, the Xank team participated in a VIP roundtable with former U.N. Secretary General Ban Ki-moon.
Ryan, Xank’s marketing director, attended the 1st Taiwan Blockchain Week to meet with Taiwan’s blockchain leaders. Taiwan is an emerging market with a fervor for cryptocurrencies and blockchain technology.
A cryptocurrency is only as good as its adoption rate, so Xank has designed a marketing strategy for the mass adoption of the Xank cryptocurrency.
This is how it works. By allowing consumers to redeem loyalty points with Xank, we create more options for the use of points that are often laying around unredeemed. Xank in turn receives these points from consumers and then proceeds to burn the points, writing off loyalty program liability for businesses who have joined our program. What does Xank gain? Xank partners with businesses to have Xank accepted at the payment terminals of companies that have agreed to work with Xank. It is a win-win-win situation.
Currently, Xank is in talks with several Korean corporations for the implementation of this redemption program.
You can find more details about this in our white paper.
We’ve updated our token sale paper to include an updated token distribution chart. This document not only includes information on our token structure, but it also outlines how Stable Pay works. You can find our paper in the following languages: English, Korean, Japanese, Simplified Chinese, and Traditional Chinese.
Here are Xank’s social media channels. Make sure to join our online communities!
As we enter August, we expect much more exciting things to come before the blazing summer ends. Stay tuned for more good news!87