XpadPro Badge System: Defining Security and Trust Levels
XpadPro Badge System for Security and Transparency
The XpadPro platform uses a badge system to indicate the level of security and transparency of startups participating in the ecosystem. Badges help investors quickly assess a project's status, understand trust levels, and evaluate additional verifications or privileges. The badges do not constitute a guarantee or warranty of project success and should be used solely for informational purposes.
Basic Badges (Impact Overall Project Security Rating):
AUDIT
Description: The project’s smart contracts have been reviewed by independent auditors.
Rating: 1 point.
Explanation: Aims to ensure the absence of critical vulnerabilities in the code.
AUDIT+1
Description: The project was audited by accredited companies recognized by XpadPro.
Rating: 1 point.
Explanation: Additional verification to ensure quality and transparency.
KYC
Description: At least one key team member has undergone an in-depth KYC verification by XpadPro's accredited partners.
Rating: 1 point.
Explanation: Verifies a high level of trustworthiness.
KYC+1
Description: All key team members have undergone the standard KYC procedure.
Rating: 1 point.
Explanation: Minimizes risks associated with anonymity.
ESCROW+4
Description: The project partially locked assets in a specialized escrow account.
Rating: 4 points.
Explanation: Offers protection to investor funds and mitigates misuse risks.
ESCROW+8
Description: The project fully locked all received assets, including liquidity and team tokens, in an escrow account.
Rating: 4 points.
Explanation: Maximum level of investor protection and transparency.
REFUND
Description: Available only to projects with ESCROW+8 status, offering investors a potential refund of up to 90% of their investment under adverse conditions, subject to the Investment Agreement.
Disclaimer: Refund eligibility is dependent on specific terms and is not guaranteed.
CLASSIC
Description: Classic token sale without a Money Back guarantee.
Explanation: Indicates that no refund provision is available for this project.
Additional Badges (Do Not Impact Security Rating):
STAR
Description: One or more team members are public figures or have verifiable successful experience in other projects.
Explanation: Enhances trustworthiness.
AMA
Description: The project held an AMA session with the XpadPro team or accredited partners.
Explanation: Confirms project openness.
COMPANY
Description: The project is registered as an official legal entity.
Explanation: Supports project legitimacy.
PARTNER
Description: The project is an official partner of XpadPro, supported on a long-term basis.
Explanation: Confirms strategic partnership.
CEX
Description: The project's tokens have been confirmed for listing on central exchanges.
BONUS
Description: Discounts or bonuses are available for using XPP in token purchases.
UTILITY
Description: Tokens have been verified as utility tokens intended for functional use in the project ecosystem.
Disclaimer: This does not constitute legal or regulatory recognition, and users must verify utility classification in their jurisdictions.
Examples of Practical Application
Example: Bixplorer.com
Basic Badges:
AUDIT+1: Passed extended smart contract audit, received 1 point.
KYC: One team member passed KYC verification.
KYC+1: All key team members passed KYC, adding 1 point.
ESCROW+4: Assets partially locked, received 4 points.
ESCROW+8: Full asset lock, received 8 points.
Overall Rating: 10/10 points.
Informational Badges:
COMPANY: Registered as a legal entity.
PARTNER: Bixplorer is an official XpadPro partner.
CEX: Tokens are confirmed for listing.
BONUS: Investors receive discounts when using XPP.
Refund Conditions
Investor funds will be used for any needs of the project. Refunds will only be applicable for unspent funds, excluding those already used. If all investor funds are fully spent, no refund will be available. This policy is designed to ensure transparency regarding fund utilization and aligns with the goal of prioritizing the effective development of projects. Investors are encouraged to be aware of these terms and understand that once funds are utilized for project needs, they are no longer eligible for a refund.
Disclaimer
The badges assigned to projects are based on internal evaluations conducted by XpadPro and should not be interpreted as financial advice, guarantees, or regulatory certification. Users must conduct their independent research before making any investment decisions. The information provided here is for informational purposes only and is not intended as investment advice, endorsement, or solicitation. XpadPro, its team, and its partners disclaim all liability for any losses arising from reliance on this information.
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