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TIMING: MESSAGE FROM THE CEO

February 12, 2021

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After a 2-year development period, clocking nearly 24,000 development hours between NoRestLabs (Silicone Valley) and our SA Tech Team (Cape Town), the Beta Version of TheXchange Platform with its Issuers App and Buyers App for the EsportStaX was completed on 23 December 2020.

 

Our tech is currently undergoing elaborate UX/UI refinement/testing, regression testing, load testing and penetration testing prior to our global launch. We are also in the process of integrating payment providers and banking. 

 

Our banking integration is not your standard run-of-the-mill integration. It is complex, integrating TheXchange Global StaX holding account, TurnCoin’s escrow account and the Philanthropic beneficiary accounts directly with the bank's APIs to ensure a segregated and automated system that is solely governed by smart contracts.

 

We believe the launch schedule below is conservative and achievable.

 

TurnCoin Tradable         Q3-2021

StaX App Official Launch   Q4-2021

SportStaX    Q4-2021

 

Depending on the success of these initial launches, we will also have the option to launch the Esport StaX, Musician StaX, and Actor StaX at the beginning of 2022.

 

As a team, we are thankful and very excited – we’re on the 5-yard line.

 

Thank you for your ongoing support.

 

Groete en sterkte,

 

Rudolf Markgraaff

Founder/CEO

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