XACOBEO
coin
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The pilgrim´s crytocurrency best option.
ALL RIGHTS RESERVED XACOBEO COIN®©
Making use of Xacobeo coin.
From the XII Century, pilgrims have been traveling through Countries in the European Union just provided with their strong religious faith, a resilient personal conviction and a commonly used exchange currency. Those assets were and still are essential to fulfil the Holly Way of St. James pilgrimage finishing in the sepulchre of the Apostol in Galicia, North-West of Spain.
Within a several weeks trip the pilgrim cross by different host nations each of one with its own legal currencies making uneasy to pay in all sort of cash or coins needed day-to-day expenses. Besides, the often hard and unsafe walk paths made quite insecure to carry money or valuables what turns the metaphysic experience into a truly adventure.
But what about today. Thanks to Xacobeo coin we want to offer a secure fully-accepted and exchangeable mean of payment for thousands of Holly Way of St. James pilgrims handling cryptocurrencies and who want to make their best use during this extraordinary mystical history.
Aimed to turn into the global payment method on hand for the Holy Year 2022 pilgrimage and the future Jubilee to come, our short-term objective is that our crypto token get fully accepted by all sort of providers in place for pilgrims who wish to make their spiritual Way only paying in crypto, avoiding worldly imposed rules nor controlled by Government systems or financial agents.
Product development. Upon Xacobeo coin launch, project COM&marketing team will be searching for commercial collaboration agreements with local good and services sellers, agencies wholesale travel agencies, regional authorities and tourism sector businesses to make available payments as well as to stablish acceptance systems to invoice in our crypto currency.
"Follow the path your dreams point to, thus you will be first when future comes ” Ricardo R. MÉNDEZ
Estimations on potential growth and use.
Launched in March 2022, we want to take profit of Jubilee 2022 promotion and international events which are to be held next months in Spain and Galicia region to celebrate the religious and cultural Holy Year of St James dedicated to this Catholic Pilgrimage. After checking official registers of pilgrims attending last Jubilee ten years ago in 2010, number shown that more than 270.000 people signed as pilgrims at that celebration when last Jubilee was held. So, we will try to reach to at least the same number of visitors as potential users but expecting that figure will be slightly higher due to investment programs for tourist attraction that authorities are placing on sectorial international fairs and trade exhibition.
Moreover, based in official public sources, on a 5-year period of analysis since 2016, over 10 million of people have visited Galicia either for the pilgrimage of the Holy Way of St. James or for just touristic purposes. The increasing accumulated ratio of travellers coming to Galicia has raised to 120% lately. Following this progression, we estimate the number of total visitors during the year of issue of Xacobeo coin this 2022 can reach the 2.000.000. Thus, taking on account this 2022 is being held the current Catholic Jubilee and also because of the Pope is to visit Santiago in July, adding the end of COVID19 restrictions in Spain and other relevant global economics framework indicators anticipate a great moment to launch our project.
Xacobeo coin foundations.
Steadiness: due to its long-term vision purpose of operations linked to a continuous yearly tradition and repetitive cultural touristic event.
Usefulness: as the token works as safe method of payments without cash or FIAT currencies during journeys, moving in rough and particular situations of a road trip.
Applicability: thanks to a real usability on a day-to-day consumer need when traveling for a Holy Year pilgrimage.
Target market.
Electronic wallets are on hand and QR process operative though mobile is comfortable and tools implementation boost are already mostly used for under 40-year-old consumers. According to figures explained above, we do forecast an approximate end-of-the-year total visitors amount of 3.000.000. Within our study criteria, we estimate only 5% of those are both, computer IT literate and with enough practice and real contact with on-line electronic methods of payment particularly rooted to cryptocurrencies or financial cards issued by exchange platforms as BINANCE, Cripto.com and other.
Thus, applying that estimated rate of 5% to the final number of visitors as potential users of our cryptocurrency Xacobeo coin we get a target market of 150.000 people. Assuming each of those potential users have an average spent on hostelry, petty cash, travel, etc of 130€ FIAT value within their pilgrim experience, we might foresee a complete 21.000.000 € gross volume operations, solely on payments. Please note that these estimations are JUST for this current year Holy Year of St. James 2022. Seeing the Jubilees Pilgrimage attract an increasing touristic flow of visitor by year, we could expect our Xacobeo coin would stabilize at a long-term basis due to its true purpose of use and conceptual applicability to serve as a practical currency.
Please, refer to: opps@xacobeocoin.org to buy directly, wallet-to-wallet.
The project data.
Financial & Technical information of the issuance.
Launch on 1st March 2022
Type of token: BEP-20, layer 2 based on ETHEREUM blockchain.
Token symbol: XCBS (⦠)
Terrms of Use.
Xacobeo coin mint process is to be regulated by Kazakhstan norms and regulations being national proper authorities competent with regard issue of the token. Tax and administrative legislation to apply are legal bodies binding to resident and non-resident in Kazakhstan.
Disclaimer. We hereby declare our exemption of responsibility of misuse, malicious or fraudulent activities engaged by third parties regarding the commission of crime and illicit acts through of our cryptocurrency.
Xacobeo cryptocurrency framework parameters.
TAX DISTRIBUTION
SUPPLY
Contracts information.
Main contract address. This contract will be used to fund and payment of project development cost and it is meant to get closed and invalidated upon Xacobeo coin launch after fulfilment of obligations with providers or other third parties.
0x30AAfB2CB0c86CDf86bC7bE3edcd3Ba5bE87E733
Fiduciary fund contract address. Contract obligations and responsibilities duly hold by fiduciary fund certified administrator. FIAT value of funds will be distributed 50/50 quarterly among two non-lucrative partners to fulfil their social purpose and giving financial support to their activities.
0x0f5B2C7C2987DE8c74D7BbC37171451f581CeA6a
Policies & Issuance Conditions
First voluntary waiver of token mint and burn capabilities. The coin cannot be minted further than initial supply amount neither can be reduced by burning except for the burnt operative rate of 1%.
Second voluntary waiver of token control rights. No authority. Creators nor Promoter, can pause operation and blacklist accounts since the renouncing token ownership upon launch.
Deflation. Every transaction charge taxes along burning token as specified:
Tax of 1% will be sent as donation to contract privately and independently administrated by fiduciary fund to investing in charity purposes.
Automatic liquidity pool set to 3%. Every trade will automatically generate operative liquidity contributing to increase pools used by exchanges thought (BSC) PancakeswapV2.
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