Converti xx network XX in SwissBorg BORG

What is the xx network (xx)? The xx network is a “full-stack” platform which combines a native scalable, quantum-ready layer 1 blockchain with the most private communications network in the world. Invented by cryptographer David Chaum, the godfather of digital currency and privacy, the xx network’s cMix communications layer provides complete metadata protection to all network communications. Using the xxDK, any application or blockchain platform can route their traffic through the xx network and provide quantum-secure, end-to-end encryption to their own transactions. The performance of the network is demonstrated by the xx messenger which is available on major app stores and is the first quantum-secure, end-to-end encrypted messenger that is completely decentralized. The xx network utilizes nominated Proof-of-Stake (nPoS) to incentivize all coin holders to elect consensus and communication nodes and participate in governance. The xx coin is used for: * Small fees for processing transactions * Voting for validator and mix nodes on the network via staking * Used to vote for governance referendums and treasury spending What problem is the xx network trying to solve? The aim of cryptocurrencies (and blockchain more generally) is to decentralize ownership and power so that coin holders, nodes, and users have control rather than entrenched, centralized entities. The blockchain movement, to a large extent, is a populist reaction to a global history rife with exploitation of centralized control by small groups serving their own self-interest. In the modern tech world, the introduction of the high-speed, global internet has enabled email, social media, and mobile applications to transform the way we communicate and exchange value. However, mainstream companies that have become dominant during this transformation have proven unwilling or unable to protect user privacy, and instead, they have opted for maximizing profits based on advertising. xx network is implementing b

What is SwissBorg? SwissBorg’s flagship product is an all-encompassing crypto management app for retail users. It enables them to on & off ramp, exchange crypto and fiat, earn yield, buy bundles of crypto and access its launchpad investment opportunities. SwissBorg started in the ICO era of 2017 and has over 1 million registered users as of 2024. The app’s products range from on/off ramp, CEX & DEX aggregator (MEX), staking and other passive income opportunities (Earn), cryptocurrency bundles (Thematics), and a launchpad & one-time opportunities (Alpha Early Deals) and more. SwissBorg users are also entitled to airdrops if they happen as it’s one the few centralised entities redistributing them directly to their users. What is BORG? BORG is essential to the SwissBorg experience as it unlocks additional utilities in the app. The more BORG users hold in the app, the more benefits they can unlock either through Premium Tiers or ad-hoc campaigns. Benefits include lower exchange fees, higher allocation in launchpads, higher yield on Earn strategies and increased voting power in referendums proposed by SwissBorg. When was SwissBorg Founded? The project was launched in Switzerland in 2017 and the ICO lasted from Dec 7th, 2017 to January 10th, 2018 where $50 million was raised to kickstart the project. In Q1 2023 SwissBorg performed a Series A, where 16,660 big and small individual investors raised a total of over 21 million Swiss Francs (CHF).