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_PRIVACY_AS_THE_SECURITY

WHITEPAPER V1.0

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1 Preface1.1 Payment Challenges to Cryptocurrency

The blockchain development so far, it has been widely recognized for its function of transferring the value. However, because of the complications of human society, people get a higher demand on blockchain due to the security and anonymity of their assets. The transparency and openness of blockchain make that all transaction history be known by anyone and all transactions are traceable, which is not suited for the economic behavior of human society. Anonymous blockchain system fills in a large extent of the market demand for anonymous trading. The technology of privacy-related token still in progress. From the CoinJoin to the Ring-Signature, and the system based on proof of Zero-Knowledge, the privacy-related blockchain never stop progressing.

For cryptocurrency, there is no way to ignore the privacy. Nobody wants to deal with others that know they net worth of their wallet. That’s why we need coin-mixing. Hiding where the coin comes from in order to use them safely.

Although the public still thinks that cryptocurrency is anonymous. For experts, they can associate multiple nodes in blockchain and tracing back to a specified transaction. Also, they can through the analysis of blockchain or KYC/AML data to point out who sends this transaction, even more details such as location, trading reason, etc.

Blockchain big data firm Chainalysis is said to control more than 70% of bitcoin accounts’ real-world user data. It currently serves the government, including the Homeland Security Bureau, the FBI, and the Internal Revenue Service. Now the world’s largest cryptocurrency exchanges Binance is also collaborating with Chainalysis on KYC/AML. With the strengthening of international cooperation and the improvement in cryptocurrency regulations. Your crypto assets are becoming less and less secure.

Despite there has privacy cryptocurrency such as Monero (XMR) and Dash, they are no way to change existing public-chains like Bitcoin and Ethereum’s operation mechanism. Currently, the blockchain industry facing a problem -- the conflict between assets circulation and anonymity of the cryptocurrency. Generally accepted as the base of the industry are Bitcoin, Ethereum, and Tether, it is not hard to see from the trading pairs of the top cryptocurrency exchanges and, the donated currencies

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accepted in blockchain industry fundraisings such as ICO and IEO. These cryptocurrencies are “transparency”, and the parts in the blockchain ecosystem cannot drive each other to convert Bitcoin, Ethereum, and Tether into an anonymous token for anonymity before payment. Here is the problem.

1.2 The Liberty of Cryptocurrency

Currently, the governments focus on cryptocurrency increasingly, more and more big-data analytics companies like Chainalysis are using the transparency of blockchain to undermine anonymity and liberty. This violates the purpose of Satoshi Nakamoto. Because of the financial crisis in 2008 and excessive printing fiat currency issued by the government after 2008, Satoshi Nakamoto created the Bitcoin. The daybreak of Bitcoin is to let the asset jump out the fate of manipulated.

We born free, but not free. Freedom is the pursuit of everyone that alive with the world, and value is the existence of the world which is manifested partly through the transaction and price. Unfortunately, the government managing people’s value and wealth, through fiscal policy.

It means that your wealth cannot be secured when you stand the opponent of governments or any reason that affects the public interest. Why Bitcoin is popular? The answer is simple—It uses cryptography to secure that people actually own their wealth first time in history.

In order to protect the liberty of cryptocurrency that brought by Bitcoin, we firm in giving privacy to various cryptocurrencies. There was an urgent demand for a privacy-relay-service that serves for existing crypto assets such as Bitcoin and Ethereum.

But it does not mean that privacy-relay-services are using for illegal. Chainalysis’s data shows that most of the Bitcoin Mixer transactions are being used for legitimate purposes of anonymous. Instead, many users of the deep web would like to send money through exchanges.

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We work in progress on privacy-relay-service continually, In addition to bringing more convenience to users, and also maintaining the justice of cryptocurrency.

Chainalysis: Analysis of the source of Bitcoin mixers, 2019

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2 Currently Solution to Privacy Payment Besides the anonymous tokens, there are three main privacy-relay-service solutions.

2.1 Online Wallet or Exchange Coin Mixing Service

Online wallet or exchange provides a service for users which can store and withdrawal bitcoin online and occur at different times. Generally, the bitcoin that you withdrew is different from the bitcoin you stored. Through the huge fund pool and transactions of the exchange, you can mix your coins effectively. This is the coin-mixing scheme that most holders of cryptocurrency used inadvertently.

However, using online wallets to get coin-mixing-service has some serious limitations. At first, most of the online wallets cannot guarantee that they can achieve coin-mixing affected, you cannot get a guarantee that wallets won’t change their mixing mode either. Secondly, even if they implement a coin-mixing, a record will be kept internally to matching your deposit and withdrawal. This is not only due to security concerns, but also an approach based on compliance requirements. So that if the provider will track your transaction records, or hacked, or forced to provide their records, etc., you will lose your privacy. Finally, in addition to keeping internal records, reputable and regulated providers will require you to provide your personal identity data for recording purposes.

The anonymity provided by the online wallet is similar to traditional banks, and they always have a third party that knows all user transaction records. For an ordinary person without some special information, he does actually have the privacy partly. However, as we have discussed before, the nature of blockchain means that if there occurred any problems (such as the exposure of data due to hacking of wallet and exchange), the privacy risk will be greater than the traditional banking system.

In addition, more and more people use bitcoin just causes they

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dissatisfied with the low anonymity of traditional banks and want to own their privacy. This is the reason why users using dedicated coin-mixing services.

2.2 Dedicated Coin Mixing Service

Unlike the online wallet, the dedicated coin mixing service ensured that not only no records are kept but also no authentication is required. You even need not a username or any aliases to access this service. Just send bitcoin to the address provided by the coin mixing service and tell them the address you need to send for bitcoin, and the coin mixing service providers will transfer the same number of bitcoin (but not the bitcoin you have). In fact, it is a “swap”.

Meanwhile, what benefit is that the dedicated coin mixing service promises them would not keep records, which sounds good. But you have to trust them will keep their promises, and you have to trust them will deal with the transaction for you eventually. Unlike the online wallet, the coin mixing service does not provide a place to store bitcoin, you need to get the mixed bitcoin back to your wallet as soon as possible. It means that the amount of the bitcoin in the pool which will be mixed with the bitcoin you just deposited will be very poor, which is roughly equal to the amount deposited by others while your bitcoin is deposited. Centralized mixing service providers may have the risk of being shut down by law enforcement agencies. For example, Bestmixer was shut down by the Dutch Financial Criminal Investigation Agency due to the Europol take action.

2.3 The Decentralized Coin Mixing Service

The decentralized coin mixing service is different from a dedicated coin mixing service. The former refers to a protocol for implementing coin mixing transactions using peer-to-peer net model between users. This approach is more conceptually similar to bitcoin.

The decentralized coin mixing model performs excellently in terms of operability. First of all, decentralized does not have a trusting problem. Users have no need to wait for a trusted centralized mixing service provider before the transaction.

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Secondly, steal behavior under the decentralized coin mixing model is unlikely to happen, this protocol can guarantee that you can recover your equivalent bitcoin when performing coin mixing service. It is precisely because of this, even if some centralized service which based on a decentralized mixing model will happen, there is no need to convince others that opponent is trustworthy, everyone could participate and provide related services easily. Finally, in some ways, the decentralized coin mixing model can provide better anonymity in some situations.

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3 Introduction to Xmix.ioXmix is the project aim at solving the cryptocurrency privacy payment service.

X represents the unknown number in mathematics, and this is what the Xmix project hopes to be achieved, showing the world what is truly “unknown”. With the powerful “mix” abilities of Xmix, users’ privacy is definitely protected. For others, users’ cryptocurrency balance is always the unknown “X”.

In our thoughts, the birth of cryptocurrency is an oracle, indicating a new world for mankind --fully controls themselves in the digital world. From the moment Xmix was created, it was designed to keep cryptocurrency evolving and transferring their value continually. Xmix is not only a project, but also an inheritance of Satoshi Nakamoto’s volition.

Since the technical limitations of times and the consideration of the business environment, there will have multiple stages in the development of Xmix: The Age of Bronze, The Age of Silver and The Age of Golden.

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3.1 The Technology of Xmix Mixing

At present, the anonymity of the public chain (such as bitcoin) is only got a “pseudonym” level. People in real life can generate any number of a public key and private key and using these public keys to send or receive value on a chain. These public keys are their pseudonyms. If the others unknow your relationship between the public key and yourself, they will unable to associate between your identity and your transaction history. If someone can connect your identity with your public key, then they can disclose you are all transaction history. There is currently no way to prevent third parties from linking us with our public key.

For understand the above, let us take an example:

Writers usually interact with readers under a pseudonym. For example, the author of “Harry Potter” is Joanne Rowling, she always publishes work under the name J.K. Rowling. Why did she do this? Probably because she wants to lead a normal life and not be known as a famous writer. Unfortunately, the pseudonym becomes meaningless once you are exposed.

It is as if once I have known that Joanne Rowling was JK Rowling, I would immediately associate her with every novel she

Coin Mixing Diagram

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had written and realized that her royalty for a year might be more than I’d make in a lifetime.

3.2 The Age of Bronze in Xmix

We realize that for most users, they prefer to use centralized services rather than decentralized services. Blockchain products are too far ahead of the public. Although in the blockchain industry, due to some reasons, the development of decentralized applications (Dapp) is unsatisfactory, but for the current people, they prefer to get more thoughtful services.

Take the exchange as an example. Although there are already exist a large number of decentralized exchanges, including Binance, which also has its own decentralized exchange, the transaction volume of all decentralized exchanges is far less than the volume of one medium-sized centralized exchange.

At the start of the Xmix project, we will take a centralized form in order to attract more users and serve them. Users will use a coin mixing service through the Xmix official website. Xmix will create a new set of coin mixing addresses and set up a reserve fund to help users mixing their coins.

With Xmix, you will get the following benefits:

1. Integrated The Onion Router (Tor)

2. Will not collect and store any users’ e-mail or personal data Fully protect your privacy

3. Automation, without any human intervention, it will avoid any manufactured error and privacy issues

4. Provide customer service to helping users

5. Simply operation

The Xmix co-builders project

Based on the known market size currently, the demand for coin mixing in the cryptocurrency market has exceeded 500 million dollars per year, and the fee of coin mixing in the market is 2-5%. It is a growing market. However, unlike the exchange, users cannot share the benefits brought by the growing market which just like exchanges’ token (such as BNB or HT, etc.).Compared with the existing coin mixing tool, Xmix will share the

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profits brought by coin mixing to its token holders. Through the Xmix co-builders project, Xmix token holders will benefit from the growth of Xmix’s market value.The token holders of Xmix can pledge their XXB Token (the original token generated by Xmix project) on the website, to get the Xmix “chaos” rewards which are up to 80% of the total revenue. XXB Token holders can unlock their tokens any time but cannot receive dividends for 24 hours after unlocking token. We believe that it will not only allow users who are really willing to support Xmix for the long term to share Xmix growth dividends but also reduce the circulation of XXB Tokens in the market, which is more conducive to stabilizing the price of XXB Tokens. Xmix charges the fee according to the token paid by the user. In other words, if the user transfers bitcoin, then Xmix will charge bitcoin as the service fee. If transfers ethereum, then ethereum will be charged as the service fee. A large variety of token cannot convenient users to withdrawal so that we will pay Xmix as the dividends to users who pledged the token. These Xmix come from the secondary market repurchase.Xmix foundation will use the profits (bitcoin, tether, and ethereum, etc.) to repurchase XXB Token in the secondary market, which not only facilitates users to receive dividends but also support to stabilize the price of XXB Tokens.

3.3 The Age of Silver in Xmix

When the users of Xmix reaches a certain amount, Xmix will shift into a hybrid operation mode of decentralized and centralized.With the development of public chain technology, the transaction speed on a chain will be improved and the transaction fee will be reduced, which will greatly promote the development of coin mixing technology.However, smart contracts cannot solve cross-chain requirements currently. For different cryptocurrencies, we need to rebuild the corresponding privacy payment solutions. So that Xmix will have a multi-chain version.As tether currently does, the number of XXB Token in multi-chain versions will periodically be reallocated by the Xmix foundation.But cross-chain interoperability cannot be implemented at present, so the XXB Token of multi-chain version still needs to be pledged on the official Xmix website if users want to

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receive the dividend.Depending on the different blockchain implementation, Xmix will at least use two schemes in coin mixing service, including CoinJoin and Zero-Knowledge Proof.

The CoinJoin

Coinjoin is a scheme of decentralized coin mixing service. In this protocol, different users create a single bitcoin transaction together that contains input from all users. The technology principle of CoinJoin is the following: when a transaction has multiple inputs from different addresses, the signatures from each input are separate and independent, so these different addresses can be controlled by different people, without requiring any party to extract the private keys.CoinJoin allows a group of users using coin mixing by one single transaction. Each user provides an input and output address, then combined to form one whole transaction. Cause the order of input and output addresses is random, Attackers cannot establish a relationship between input and output. Participants can query their output address is already included in the transaction and receive the same amount of bitcoin (minus the transaction fee) as their input. Once users have identified the information,

When people query this transaction on the blockchain, they cannot determine the relationship between the input address and the output address, even if they know it is a CoinJoin transaction. From the outsider’s view, these bitcoins have completely mixed.

An example of coin mixing

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There are five steps in CoinJoin:

1. Find the transaction opponent that you want to do CoinJoin, and take it as a node

2. Swap input and output addresses

3. Make a transaction

4. Send this transaction to others, and nodes will sign after confirming their output address

5. Broadcast this CoinJoin transaction

A group of nodes that want to use CoinJoin, first have to find each other. This needs to be done by a server that acts like a “pool”, allowing the group of users to connect to each other. Unlike the centralized coin mixing service, these servers are independently and impossible to steal funds or decrease users’ anonymity.

Once a group of nodes is connected, they must exchange their input and output addresses with each other. What is having to guaranteed in the address exchange is: Even the other nodes in the group cannot matching the relationship between inputs and outputs addresses. This is important, otherwise, even if you have a CoinJoin transaction with other nodes that seemingly secure, it is still possible for an attacker to pretend as a secure node and enter this group, exposing the matching relationship between the input and output addresses. To exchange the address securely, we need an anonymous communication protocol. The Tor network is a nice choice, you can also use a special anonymous routing protocol called “mix-net”.

When transmitting the message of input and output addresses, the users (whoever it is) will build a transaction based on the corresponding input and output addresses. The unsigned transaction will be transmitted to others node continuously, they will verify the input and output address are corrected and sign to confirm.

If all nodes in a group will following this protocol, the system will work as normal. Any node can create a CoinJoin transaction and broadcast this transaction on the network. Even two nodes can broadcast the transaction independently of each other, but the CoinJoin transaction will only be accepted once in the blockchain network. However, if one or more malicious nodes want to undermine this protocol, it is easy to block the broadcast of the transaction through a DDOS attack.

Particularly, malicious nodes can participate in the first phase of CoinJoin, providing the normal input and output addresses,

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but refusing sign in the second phase. Or, after the CoinJoin transaction is signed and confirmed, the malicious node attempts to use other address to broadcast another transaction, thereby preventing the previous transaction. If a transaction initiated by a malicious node is preemptively confirmed in blockchain, the CoinJoin transaction will be rejected because it is a double-spending transaction.

In the CoinJoin transaction, there are several methods to prevent DDOS attacks. One is to impose the economic cost for nodes in the CoinJoin protocol that participate in the transaction. Whether it is through a proof-of-work mechanism (similar to mining) or a proof-of-burn mechanism (a technology proving you burned part of your bitcoin). Other methods including using some cryptographic methods to identify non-compliant participants then remove them from the group.

Zero-Knowledge Proof

The main purpose of Zero-Knowledge Proof is to unassociated between the receiver and the address on the blockchain. You can deposit Ether into Xmix smart contract and then use a different address to withdraw it. No matter when you withdraw Ether to any wallet address, no one else can associate the deposit address with the withdrawal address, thus ensuring your privacy.

In the above solution, Xmix controls an agent that uses zk-Snark to ensure the anonymity of the transaction sender and receiver.

When depositing user needs to generate a “secret” and send its hash value (also known as a “commitment”) and amounts of deposit to Xmix smart contract. After the smart contract receives the deposit funds, the user’s commitment will be added to the deposit list.

Later, when users want to withdraw funds, they need to provide a proof to the contract that they own a secret matching the unspent commitments in Xmix smart contract’s deposit list. Because of the zk-Snark technology, we are able to complete the matching without revealing which funds this secret is related to. The Xmix smart contract will checks this proof and then transfer the amount to the withdrawal address. For outsiders’ view, it is impossible to know from which deposit the money came from.

In order to create a random connection between the withdrawal

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and the mixed cryptocurrency, Zero-Knowledge Proof is required to prove ownership of cryptocurrency without exposing the relevant information.

In a Circuit, some constraints are executed which related to the problem will be solved, such as x+y=5. Input two values from Prover to Circuit: Private input (value: 2) and Public input (value: 3). The circuit will perform a series of operations and checks whether the constraint is satisfied (2+3=5), then outputs a Proof. Prover sends Proof and Public input to the Verifier. Verifier uses Proof and Public input to perform operations and verify that proof is correct. If it is correct, it returns true, otherwise returns false.

Private input is concealed. Public input is a value shared between Prover and Verifier. Prover can prove to Verifier that they know a value which is satisfied (x+3=5) without revealing Private input.

Circuit-based zero-knowledge proofs are called general-purpose zero-knowledge proofs. It will turn a computing problem into a circuit.

The process of Zero-Knowledge Proof

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Zk-Snark cannot solve the problem of computing directly. Calculation problems must be converted into the correct “form” then be processed. This form is called the “quadratic arithmetic problem” (QAP). While performing QAP conversion, Prover will use Private input to create a corresponding value, called Witness of QAP. The only Prover can use Witness to generate a Proof.

As shown in the above chart:

1. First, there has a calculation problem and it should be a NP problem.

2. Then, the calculation problem should convert to QAP equivalently. The steps are as follows:

a) Turning calculation problem into the circuit.

b) Convert the circuit to the R1CS (rank-1 constraint system). R1CS is a sequence of three vector groups (a, b, c). R1CS has a solution vector s, and s must satisfy the inner product operation of the symbol representation vector a.s * b.s - c.s = 0, where the solution vector s is the Witness.

c) Convert R1CS into QAP form. The difference between these is that

The flowchart of zk-Snark

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QAP uses polynomials instead of dot product operations. The logic they implemented are the same.

3. Trusted setup. It will generate two values PK, VK. The purpose of trusted setup is to achieve the non-interaction verification. The PK and VK that generated by trusted setup just like the “God”, it will help us do some challenges to verify the Prover.

4. Prover will use the PK and Witness to generate a Proof and send to Verifier.

5. Once Verifier received Proof, it will be verified using VK. This step occurs on chain and verified by nodes or smart contracts.

3.4 The Age of Golden in Xmix

With the progressing of blockchain technology, the time of cross-chain is coming soon. Cosmos and Polkadot are the leading cross-chain technology development teams in the blockchain industry. Xmix will not do the same job in the cross-chain Industry. We will more focus on integrating smart contracts on the Xmix multi-chain version.

The Xmix will become a public chain. Through Xmix you can make a transaction easily and anonymously.

For example, Alice wants to transfer the ERC20-USDT to OMNI-USDT address. Through Xmix, it will automatically execute the swap contract and users no longer need to manually exchange it.

Padal borrowed EOS from Kate, but he only has TRX. Through the exchange’s API, Xmix can transfer TRX to EOS through the cross-chain swap.

In this stage, XXB Token will become the necessary fuel for the operation of the Xmix public chain. Xmix will be the PoS consensus at this time.

Currently, all PoS projects award pledged nodes running continually and subsidize their costs through issuing the token. But the over-issue is betraying the original intention of Satoshi Nakamoto.

Xmix employs a deflation economic model. The charges generated by all activities on the Xmix chain, such as Gas, will be burned in half, the remaining will be invested into the “chaos reward pool” directly. In the age of golden, only the top ten supernodes can receive the rewards from the chaos reward pool.

Supernodes selected by voting. Xmix team will disclose details

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of the election for supernodes in later.

Users can reward from dividends by pledged XXB Token to supernodes. Supernodes can set the proportion of dividends for pledged users.

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4 XXB Token4.1 Total Supply and Distribution

XXB Token is the only token in Xmix. Total supply is 180,000,000, no pre-mine. All XXB Token can only generate through the “chaos mining”. Chaos mining has a total of 2,100 stages. Through chaos mining, users will create a huge “chaos fund pool” jointly. The larger of the chaos fund pool, the higher of the obfuscates coefficient and the stronger of the anonymous in coin mixing. Users only through chaos mining to obtain the XXB Token.

4.2 The Chaos Mining

Chaos mining has a total of 2,100 stages, with a maximum fund limit of 100 ETH per stage. A total of 210,000 ETH is required for all mining 2,100 stages. In Xmix, the development team did not reserve any XXB Token. The revenue of the team is related to the value-rising of XXB Token and the continuous chaos mining. The team only receives 5% of the XXB Tokens generated by chaos mining at each stage.

In chaos mining, recommending new users to join the mining will be regarded as positive behavior, recommenders will be rewarded by the system. In each stage of XXB Token generated by chaos mining, 5% tokens will be awarded to the recommender. Xmix has a total of six recommendation level. Level 1 receives 2.5% rewards. Level 2-6 receives 0.5% rewards for each level.

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The decrease mechanism of chaos mining is as follows: (a=stage)

Stage1–Stage701:

1ETH=2100-(a-1)*2.1+0.2*(a-101)*MIN(1,MAX(0,ROUNDDOWN((a-2)/100,0)))+0.2*(a-201)*MIN(1,MAX(0,ROUNDDOWN((a-102)/100,0)))+0.2*(a-3 0 1 ) * M I N ( 1 , M A X ( 0 , R O U N D D O W N ( ( a - 2 0 2 ) / 1 0 0 , 0 ) ) ) + 0 . 2 * ( a -4 0 1 ) * M I N ( 1 , M A X ( 0 , R O U N D D O W N ( ( a - 3 0 2 ) / 1 0 0 , 0 ) ) ) + 0 . 2 * ( a -501)*MIN(1,MAX(0,ROUNDDOWN((a-402)/100,0)))+0.2*(a-601)*MIN(1,MAX(0,ROU-NDDOWN((a-502)/100,0)))

Stage702–Stage1401:

1ETH=1050-(a-701)*0.8625+0.0375*(a-801)*MIN(1,MAX(0,ROUNDDOWN((a-7 0 2 ) / 1 0 0 , 0 ) ) ) + 0 . 0 3 7 5 * ( a - 9 0 1 ) * M I N ( 1 , M A X ( 0 , R O U N D D O W N ( ( a -8 0 2 ) / 1 0 0 , 0 ) ) ) + 0 . 0 3 7 5 * ( a - 1 0 0 1 ) * M I N ( 1 , M A X ( 0 , R O U N D D O W N ( ( a -9 0 2 ) / 1 0 0 , 0 ) ) ) + 0 . 0 3 7 5 * ( a - 1 1 0 1 ) * M I N ( 1 , M A X ( 0 , R O U N D D O W N ( ( a -1 0 0 2 ) / 1 0 0 , 0 ) ) ) + 0 . 0 3 7 5 * ( a - 1 2 0 1 ) * M I N ( 1 , M A X ( 0 , R O U N D D O W N ((a-1102)/100,0)))+0.0375*(a-1301)*MIN(1,MAX(0,ROUNDDOWN((a-1202)/100,0)))

Stage 1402 – Stage 2001:1 ETH=525-(a-1401) *0.625

Stage 2002:1 ETH=125

Stage 2003 – Stage 2090:1 ETH=100

Stage 2091 – Stage 2100:1 ETH=20

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4.3 The Dividend of Pledging XXB Token

In Xmix, 80% revenue of mixing coin will enter the reward pool as the “chaos reward”. Only if the user pledged their XXB Token into chaos reward pool, they could participate in reward distribution. Chaos rewards will be triggered once a day, each trigger will allocate 10% of the amount in chaos reward pool to pledged users.

Users receive the chaos reward daily based on their pledge ratio:

User pledged ratio =Total amount of user pledged XXB Token

Total amount of XXB Token in chaos reward pool

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5 Risk WarningPlease read this disclaimer carefully. Note! Xmix may, at its sole discretion, modify or update all or part of the following disclaimers. You should read the entire disclaimer every time you visit the website. No warranty of any kind is provided for all the information. Our consultants make no representations and reject express and implied warranties and conditions of any kind. This document is for general information only and shall not be construed as a public offer to sell shares or securities of the Xmix platform or any other relevant company.

The Uncertainty Regulatory

If local governments object the spread of cryptocurrency in business, it may issue laws and regulations restricting the use of cryptocurrency. The regulation of the blockchain market may change from time to time. Due to the uncertainty of regulations, investors may not be able to access or use XXB Tokens because Xmix has no comply with the regulation of some country.

The Risk of Project

Because of the uncertainty of the future of cryptocurrency, Xmix may not guarantee the success of the project, but we ensure that the team will make every effort to release the product and achieve our goals.

The purchaser should have sufficient knowledge and experience in commercial and finance and have a full understanding of blockchain technology or cryptocurrency and other crypto assets, smart contracts and storage mechanisms. The purchaser is able to evaluate the risks and advantages of purchasing XXB Tokens, including but not limited to the matters specified in this agreement, and can bear its risks, as well as the loss of all paid amounts and XXB Tokens, and responsible to company and others for the actions and omissions. The purchaser has learned enough relevant information to make an informed decision to purchase XXB Tokens.

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The Risk of Losses Wealth

Although the XXB Token should not be considered as an investment, the price and value of the XXB Token may increase over time. If the Xmix ecosystem is not robust enough, the price and value of the token may fall. If the token is lost or the price goes down, you do not have a private or public insurance representative available for help.

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