Texochat ICO Review

Texochat ICO Review

Problems and Solution:
This is a digital world and everyone tends to be as digital as possible. In this era, there is extensive use of Smartphone. Everyone has a Smartphone and messengers are the most common applications. In a consequence, people have denied heavy desktop and PC use because of the global healthy use of a smartphone. Every person now a day has a smartphone in his or her hand, and everyone is fond of using instant messaging applications to communicate with friends, colleagues, employees or family members.

 

With each passing day, an ever-increasing number of messengers are showing up on the market. Every errand person has its own particular gathering of people, and accordingly, it is fundamental to introduce many applications in the cell phone to speak with companions. But there are certain problems associated with the messenger applications:

Centralized Management and No end to end Encryption
Problems with Telegram and Discord
Need of Blockchain based messaging app
Market Analysis

 

What Is Texochat
Texochat is a Blockchain based multi usage chat application. Texochat has taken the Blockchain opportunity to build an app where anyone can fulfill their crypto use. Texochat aims to provide all features in one app.

 

Although, there are many applications in the market which people are using and the apps like Telegram and Discord are the primary choices of crypto uses but still they lack some features. Apart from being a Blockchain based application, Texochat has some distinguished features which makes it stand tall amongst all.

 

Main Features of Texochat
1. Spam Policy

Feature that allows users to have full control over their account (Read Texochat Feature Doc)

2. Crypto Wallet

Send, Receive, Store, and Transact crypto with one click.

3. Safe And Secure

2FA, KYC and Fingerprint are used to secure wallet and account.

4. Airdrop and Reward

Any user can start airdrop and admin can send rewards to their member

5. TXO Token

Use TXO to send crypto, TIP user, and Reward user in APP

 

Features and Benefits
Texochat has some amazing features that make it unique amongst all. Some of the features and benefits are as below

 

VPN Integration:
Texochat has given a perfect solution to those who can’t access to an existing application like Telegram or Discord because of the ban. We at Texochat are providing inbuilt VPN integration service. This built-in feature was added because of the fact that China and Russia have a Ban on Telegram. By having our APP users don’t need to download any extra VPN. User can enjoy the usage of an app without any proxy of an external VPN application. This is one of the major features that many of the crypto users were looking for and Texochat has provided this feature in its app.

 

Chat & Call Features:
- Texochat gives exclusive chat & call features. Some features are as below:

- It has individual, private and group chat functions.

- You can add up to 12,00,00 members in group chat.

- It features voice call and group video call also. You can do group video call with maximum 4 people.

- Admin can do live chat in a group. Also, the group admin can share live video by pausing chat with other group members.

- You can send files of up to 1GB.

- Admin of the group can Ban any member and also able to stop receiving links in a group froma member.

- The individual can save messages. Or they can download the message in TXT.

 

Send messages to group members individually
Group admin can send message to every group member at once. But to send messages to the individual member it requires having the permission of group members. Group admin creates a “POLL” in the group of whether he can send messages individually or not. If he gets the vote of at least 100 people or 30% in favor then he can send messages to individuals.

 

Use Cases:
Marketplace: Sell any digital products online. It needs admin approval before adding to the marketplace.
Reward system:

Upload an image and get a chance to win our token. Every week there will be voting and most voted pic will get some tokens. Planned to implement in @2/20.
Crypto wallet:

There is an exclusive feature of crypto wallet on our app. Users can hold them any crypto in their wallet. Planned to implement in our first version.
Send Crypto on while group video chat: Allow the second person to check the balance on while call. For example, Person “A” lends BTC to person “B” and he wants his BTC back. Person A can ask person B to share balance details with Person A.
Channel:

This is a quite similar feature as Telegram, where the only admin is able to post. Planned to implement in our first version.
Crypto Exchange: Our app has an excellent exchange feature. You can use our tokens to pay fees and get up to 70% off for fees.
Live chat box:

Live chat integration for websites. Chat directly in the group from the website. Any of the websites can buy or use our free version to integrate its site. This allows admin to connect his chat box with his group created on Texochat and allows his website visitors to chat directly in the group without opening our APP.
Admin reward:

Group admin can pay some TXO tokens to most active users of the group. Select user, enter amount and send.

 

Texochat Tokenomics
TXO token is built upon the Ethereum ERC20 protocol. It will help to smoothen all the activities within an app.

The TXO token can be used to:
Pay transaction fee
Reward group or channel users
Tip users
Conduct Airdrop

 

Tokens Details:
Token Name: TEXO
Ticker: TXO
Token Type: ERC-20 (Ethereum-based)
Decimal: 18
Total Token Supply: 2,000,000,000 (2.0 Billion)

 

Tokens Allocotion

Fund Distribution

Token Price
Total Tokensale Supply 1,000,000,000 (50%)
Private Sale: 20% at $0.005 2,00,000,000 TXO
IDO Sale: 40% at $0.011 4,00,000,000 TXO
IEO Sale: 40% at $0.015 4,00,000,000 TXO

 

Roadmap
JANUARY, 2021 - Regeneration of Idea
Idea is on paper and work started
JULY, 2021 - Docs
Official documents are published.
2021
JULY, 2021 - Pre-Tokensale
IDO on different platforms
JULY - AUG, 2021 - Main Tokensale
IEO on top centralized exchanges
AUG, 2021 - APP Launch
Official android app will get launched in August
SEP, 2021 - APP Launch
Desktop app V0.1.0 will be released for windows.
NOV, 2021 - Marketing
More banner and PR promotion will take place
2022
JAN, 2022 - Exchange Listing
You can start buying and selling TXO on various top tier DEX
FEB, 2022 - Exchange Listing
You can start buying and selling TXO on various top tier CEX

 

Meet our Team
1.Akhilesh Mishra - CEO & Founder
2.Ankit Mishra - Co-Founder
3.Obumneke Okorie - Developer
4.Sabby Singh - Developer
5.Antier Solutions - Team of Developer
6.Reco Daley - Smart contract Engineer
6.Nozomu Nakazato - Advisor

 

Useful links to the project:

Website : http://texochat.com/

WhitePaper : https://drive.google.com/file/d/1veqDQOx2lb0AXEFdbIijV_db74XDlPBp/view

Twitter : https://twitter.com/chat_texo

Facebook : https://www.facebook.com/pg/Texochat-435658583954236

Ann Thread : https://bitcointalk.org/index.php?topic=5161845.0

Telegram Channel : https://t.me/texochat1

 

AUTHOR

Bitcointalk Username: Zenny Yuliya
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2676196
Telegram Username: @ZennyYuliya10
Erc-20 Wallet: 0xaCabC18dc600377f083E3c1c4A8D9353A9eeE732