Xillion July Summary Update
Hey everyone, the new monthly update is here!
What we are covering today:
- Migration update.
- Some of our projects' updates.
- News about AllSet.
Before we start, we would like to briefly remind you what we are building.
Our business model with Xillion is simple: we build and incubate startups, make them profitable, and then we will take them public / raise future rounds or sell them to larger market players.
By holding XIL (which is our native token), you gain exposure to all of the projects we incubate, which means that you can get a certain % of free tokens in each project incubated. For example, if you hold XIL you could get a certain % of free tokens of every startup we incubate + you could buy some discounted tokens by using your XIL as well. So as you can see the utility is pegged directly to the startups we incubate.
This way, by holding one token, you get exposure to 4-5 projects at the same time by diversifying your portfolio - increasing your odds of having a winning ROI.
We are working to be as diversified as possible in our product categories. For example, at this moment we are incubating the Real Estate Tokenization project AllSet, AI-empowered Asset management platform Hedge AI, EdTech startup Learn2Earn, SocialFi project Amplify, etc. As you can see, our portfolio is diversified by 5 growing industries, and even if one of those projects succeeds, it would bring great success for all of the holders of XIL.
Migration
Let’s go straight to the numbers.
So far, we have manually migrated slightly more than 23.7 MM tokens (it’s still in process so this number is growing almost daily).
Unfortunately, we are still waiting for Gate.io. They explain the delay as being due to their tech team being quite busy with the large platform updates and several Top-200 projects’ migrations happening at the same time, etc.
However, while we waited for Gate, we decided to manually count all of the tokens that currently are on Gate.io now as migrated. As of now, it's slightly less than 18,000,000 tokens. So by making this decision, we move closer to the goal of 60% of tokens to be migrated and instantly double the amount that has been already migrated.
We have 41.7 MM tokens already migrated, which is a great result so far.
We will update you now on how things are going!
The Market
Before we go into the project's updates, a few words about the strategy we follow. As a VC and PE firm that operates with limited resources, our main focus is on building valuable companies, increasing their valuations, and delivering sizable returns to all of XIL’s holders this way. In the meantime, XIL’s price might fluctuate. However, this happens mainly from the lack of liquidity.
We are frustrated and disappointed about that as well, but as we agreed earlier during several discussions, the real value of XIL will be discovered when our projects will get launched and we could then say for sure if they work well or not and, then we could say is XIL’s current value reasonable and fairly reflected or not. Being a XIL token holder is quite similar to being an investor in Private Equity firms or VC funds or Incubators because the value is directly pegged to the projects in our portfolio.
All startups by definition have a high chance of failure and you can’t be 100% sure that any of them will be growing and prosper, but we as a startup are doing our best, and have continued to deliver on all the products we are working on. With very limited resources and quite a difficult environment, we would really appreciate your support.
Our idea is to focus our resources on one product right now to squeeze the maximum out of it and increase the chances for it to succeed, and this product as you may know is AllSet. Like every company in the market, success is not certain, but we will do our best to make it successful.
Below are some of our projects’ updates.
Hedge AI update:
What Is Hedge AI
Hedge AI is an AI-empowered asset management platform that is designed to provide its customers with 60%-80% in passive ROI per year, with a conservative risk model to make sure our customers will make twice as much as traditional hedge funds offer (with as conservative of a risk model possible and at incredibly flexible conditions).
Hedge has been doing great in July. It has just closed its 6th consecutive month with a stable pure profit of more than 5%, regardless of the current market conditions. In total, HedgeAI has delivered around 32% in pure profit to its users in a period of 6 months during the most difficult market conditions.
We have the idea to build Hedge as a solution for managing capital for VCs, PE, and family offices. We could say that so far this hypothesis works out well, we are onboarding 1-2 new firms every month, and pretty much all of them are quite satisfied with the results.
As we mentioned before, the strategy for Hedge is simple. When Hedge will grow to larger volumes by onboarding more clients, and ideally, will become profitable, we will raise a round for it or even sell it to some of the larger market players.
And you all as XIL holders will get your usual % of the Hedge tokens and will enjoy the grown valuation. In the meanwhile, feel free to join Hedge on our new 6 and 12 month plans and enjoy a passive income. Some of our community members have already tried Hedge and even received the realized profit, so they could confirm that it works well.
If you’re interested in joining, reach out to our moderators. Now, only 6 and 12 mo plans are available.
L2E:
What's that?
It is an EdTech platform that allows users to learn new things, and earn great rewards for doing so. This product is accessible via a special NFT called Holding Bull.
L2E has already delivered more than 10X to all of the XIL holders who bought an L2E NFT for their XIL tokens. It keeps delivering a solid 20% ROI every month alongside great educational content. So, that’s a great illustration of how you can make money from the token even when its price is not growing.
AllSet:
Our incubator’s flagship project at the moment is going well. For example, we were able to significantly speed up the development of the platform and are now going around 1.5-2 weeks ahead of schedule. We spend pretty much all the time and effort currently on building AllSet and getting customers / partners on board. We work around the clock and will keep doing it that way for at least several more months to achieve good results and gain a good start.
Tech:
The key news is that we will complete the first working version of the product 2 weeks sooner than we expected, and we expect it to be ready on the 20th of August! So, that means we will start onboarding properties and users right after the project launch! Our OG members will get a chance to test it 1-2 days before the launch and we’d love to listen to your ideas / feedback on it.
Business Development:
We are actively onboarding real estate brokers in the US and Dubai to build a distribution network that we can use to sell the inventory faster. Also, we need the brokers to have access to the best inventory on the market. We are in talks with 29 brokers at the moment and are steadily onboarding them.
We have developed a great investment product for real estate investors. If you know those who are interested in real estate investments that provide a way above-market return and low risk - let our moderators know. If you bring a real estate investor who could afford check sizes of $100k or more, you will earn a great referral fee. So, feel free to help the AllSet ecosystem grow and make some money along the way.
That’s it for this round of updates - thank you for your time everyone and have a great day!
About us
Xillion.one - a Web3 Tokenized Incubator that provides every XIL token holder with free tokens of every project it incubates.
We build projects from scratch and create synergy between them. We combine the VC and PE approach to building companies by growing their value and managing investor capital. We simultaneously operate as investors and founders to amplify the results.
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