Tixl
Tixl (MTXLT)
More on ICO
Token Sale April 15, 2019 - June 30, 2019
ICOMarks Rating 5.3 / 10
Whitelist/KYC Whitelist
Token price 1 MTXLT = 20 USD
Platform Stellar

Tixl is a new cryptocurrency that allows private, instant and zero-fee transactions.

None of the popular cryptocurrencies allows private, instant and zero-fee transactions at the same time. But why is that a problem?

- In a world heading more and more towards digital currencies, we must secure that the essential properties of traditional money preserve. Nobody, neither governments or companies nor private people want the public to be able to look into their monetary transactions.
- All users of a digital currency wish to pay as low fees as possible, the higher the fee, the lower the potential for widespread usage.
- If a future currency is slow in terms of transaction speed, it’s not a future currency.

Our Solution: We use the most sophisticated technologies emerged from the blockchain world of the past years.

- A Directed Acyclic Graph (DAG) data structure together with the Stellar Consensus Protocol (SCP) to support fast transactions.
- Zero-knowledge proofs with a commitment scheme to enable confidential transactions.
- Confidential transactions because they are superior to other approaches such as coin mixing services, CoinJoin or Mimblewimble.
- Quantum secure cryptosystems (NTRU + XMSS) to ensure that transactions stay private.

We are doing an ICO to fund the project.

Q2 2019

- First ICO phase

- Internal ledger prototype release

- External whitepaper audit & result

incorporation

- Kickoff consensus algorithm development

- Kickoff API gateway development

- Pitch at ANON Blockchain Summit Austria

- Pitch at Bankingclub Cologne, Germany

- Release of the first press article

- Listings on ICO websites

- Creation of VC compatible pitch deck,

dispatch to at least 100 VCs

- Approaches to at least 100 private investors

and business angels

Q3 2019

- Second ICO Phase

- Internal consensus prototype release

- Internal API gateway prototype release

- Kickoff Tixl web wallet development

- Attendance on at least one conference as

a speaker or for a pitch

- Release of three more press articles

- Creation of detailed paper about Tixl’s

technology stack

- Depending on Q2 approaches to more

potential investors

- Transfer of the ledger prototype to a

production-ready version.

Q4 2019

- Third ICO phase

- Security audit of the Tixl ledger by external

experts

- Transfer of the consensus algorithm

prototype to a production-ready version

- Transfer of the API gateway to a

production-ready version

- Attendance on at least one conference as a

speaker or for a pitch

- Beta test of the full Tixl software stack

(ledger, consensus, API gateway, web wallet)

- List MTXLT on at least one regulated

exchange

- Approaches to potential advisors from the

industry

- Approaches to potential business partners

for Tixl as a payment method, this includes

payment providers, exchanges and banks

- Improvement of the Tixl web wallet

- Start of first marketing bounty campaigns

where MTXLT are used as compensation.

Q1 2020

- Fourth ICO phase

- Stress test of Tixl’s software stack in a

private network

- Another security audit, this time of the full

Tixl software stack

- Focus on deals with business partners

approached in Q4 2019

- Bug fixes and performance improvements

for all of Tixl’s software parts

- Assembly of an advisory board with

people approached in Q4 2019.

Q2 2020

- Fifth and last ICO phase

- Announcement of the token swap date

- Stress test of Tixl’s software stack in an open

beta

- Start of first development bounty

campaigns where MTXLT are used as

compensation for programming software

parts like e.g. desktop wallets.

Q3-Q4 2020

- Execution of Tixl’s token swap

- Tixl network launch

- Support of business partners integrating

Tixl in their infrastructure

- Start to decentralize Tixl by slowly adding

the first external nodes to the consensus

algorithm.

2021

- Tixl is now within the top 5 of all privacy

coins in terms of market cap and trading

volume

- Tixl is listed on different major exchanges

and integrated into well-known payment

providers.

2022

- Tixl is now within the top 2 of all privacy

coins in terms of market cap and trading

volume.