Article Summary, Automatically Generated By AI
Summary of Exeedme (XED)
Overview
- Exeedme is a blockchain-powered tournament platform for gamers to monetize their skills.
- Allows gamers to play their favorite games, challenge opponents, and profit from betting on their own victory.
Key Features
- Matchmaking mechanism for players to challenge friends or play against similar skill levels for stakes.
- Earn XED tokens for engagement and exclusive NFT prizes for winning tournaments and events.
- Game-agnostic platform supporting various games like CS:GO, LOL, and decentralized games like Skyweaver.
Founders and Team
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About Exeedme
At the forefront of innovation, Exeedme is a pioneering platform that converges the realms of gaming, esports, and cryptocurrency, fostering a novel ecosystem that empowers gamers, content creators, and esports enthusiasts alike.
Introducing Exeedme (XED): A Revolutionary Gaming Ecosystem
Exeedme is a pioneering blockchain-powered tournament platform that empowers gamers of all proficiency levels to capitalize on their skills. The platform’s overarching vision is to establish a fair, trusted, and inclusive play-to-earn ecosystem where gamers can indulge in their favorite games, challenge opponents, and reap financial rewards from betting on their own triumphs. Through this innovative platform, gamers can generate income from their wagers, accumulate XED tokens for active engagement, and receive exclusive NFT prizes for emerging victorious in tournaments and events.
The platform boasts a sophisticated matchmaking mechanism, where players can either challenge friends or compete against opponents with similar skill levels, with stakes on the line. As they engage in these competitive matches, they earn XED, a crucial currency required to level up and gain access to higher leagues, where the stakes are significantly higher. Notably, the platform is game-agnostic, serving as a unified gateway to a diverse array of games, including CS:GO, LOL, as well as decentralized games like Skyweaver.
This year, the team successfully unveiled the inaugural Beta version and secured a prestigious UK Gambling Operating License. Presently, the platform is accessible on Ethereum, BSC, and Polygon, with plans to expand to Polkadot in the future and debut a refined V1.0 of its XED decentralized exchange.
The Visionary Founders Behind Exeedme
The Exeedme team, a seasoned ensemble with an entrepreneurial spirit and a “make it happen” attitude, is spearheaded by CEO Nuno Fernandes and CSO Francisco Varela. Nuno Fernandes, a seasoned dealmaker, boasts an impressive track record of €1B+ closings and formerly led the mergers and acquisitions teams at PwC and KPMG. Francisco Varela, a serial entrepreneur, has successfully launched and scaled five ventures to $10m+ and founded the first exclusive gaming gear marketplace. The team is further bolstered by advisors Guilherme Almedia (tech development), Rui Teixeira (blockchain gaming), and Nuno Correia (blockchain payments). Additionally, professional Counter-Strike:GO player Ricardo Pacheco serves as the project’s ambassador.
Unveiling the Unparalleled Exeedme Experience
The Exeedme team has come to the realization that earning a living through video games is an elusive dream, accessible only to a select few professionals. However, ascending to professional status demands a substantial investment of time to hone one’s skills, and is fraught with intense competition and formidable barriers to entry. Furthermore, traditional games are marred by aggressive in-game monetization strategies and isolated game assets that deny players the opportunity to capitalize on their in-game accomplishments. Exeedme boldly breaks away from the conventional free-to-play and play-to-win gaming paradigms, empowering players of all levels to capitalize on their skills.
Players have the freedom to select their preferred game and stake, and the platform takes care of the matchmaking process. The platform boasts a diverse range of gaming modes, including solo, party, teams, and professional seasons. Furthermore, players can participate in skill-filtered leagues, earning rewards in the native XED token. The rewards, comprising XED and NFTs, are directly correlated to the amount of XED staked on the platform. Notably, the more XED a player stakes, the lower their match fees become, and the more they gain access to exclusive tournaments, unique NFTs, and in-platform badges and skins.
What Is the Circulating Supply of Exeedme (XED) Coins?
The total supply of XED is capped at 100 million tokens, with a carefully crafted distribution strategy as follows:
The Foundational Reserve is allocated 10% of the total supply, subject to a one-year lock-in period, followed by a quarterly vesting schedule of 25%.
The Seed Sale allocation will be subject to a vesting period, with 10% of the total amount released over a span of eight months.
In the pre-public sale phase, a generous allocation of 30% will be distributed over a three-month period, with 25% released monthly.
The Ecosystem allocation will undergo a vesting period of eight months, with 20% of the total amount being gradually released during this timeframe.
The Team will receive 10% of the allocation, subject to a one-year lock-up period, followed by quarterly vesting of 25% thereafter.
The Ecosystem allocation will undergo a vesting period of eight months, with 20% of the total amount being gradually released during this timeframe.
The Liquidity Fund is allocated 20% of the total, with a vesting period of eight months.
XED debuted with a pre-public price point of $0.03, subsequently listing on Uniswap at $0.05. As stakeholders, token holders wield the power to vote on the platform’s governance and propose the integration of new games. Furthermore, organizers are empowered to establish their own communities and initiate tournaments once a predetermined staking threshold is surpassed. On the XED DEX, gamers will have the flexibility to seamlessly swap, purchase, and sell both fungible and non-fungible tokens.
The Exeedme Network’s Robust Security Framework
XED, an ERC-20 token, seamlessly operates on Ethereum, Polygon, and BSC. Notably, the platform has successfully launched a fully functional, Ethereum-based minimum viable product. Looking ahead, Exeedme envisions a multi-chain presence, leveraging Polkadot to expand its reach across several blockchains.
ERC-20 is the de facto token standard that most newly minted tokens adhere to when launching on the Ethereum blockchain. As one of the most prominent blockchains, Ethereum has established itself as the go-to platform for numerous decentralized applications and exchanges. Its robust security is ensured by a proof-of-work consensus mechanism, which relies on miners to validate and mine new Ether. A network of decentralized nodes works in tandem to validate transactions and maintain the integrity of the Ethereum blockchain.
Will Exeedme Soar to $1?
Exeedme surged to an all-time high of nearly $2 in March, a staggering increase from its initial launch price of $0.05, underscoring the significant interest in the platform’s value proposition. However, it has since retreated to below $0.50. The token’s future trajectory, including the possibility of reclaiming the $1 mark and potentially surpassing its previous high, hinges on the successful implementation of new features and the acquisition of new users.
Exeedme (XED) Acquisition: A Comprehensive Guide
XED is proudly listed on esteemed exchanges, including Uniswap V2, Gate.io, PancakeSwap, QuickSwap, and 1Inch, ensuring seamless accessibility for users worldwide.
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