XRocket
xRocket is a custodial wallet for receiving, sending, buying, and storing crypto currencies on Telegram.
It's intended for carrying out trades with cryptocurrencies on the stock market, and creating wallets for different crypto currencies. xRocket supports control of Bitcoin and Ethereum wallets. The app is integrated with The Open Network, which enables making transactions and storing TON tokens.
History
October 13th 2023 — first mentioned on the social media platform X
January 6th 2022 — creation of Telegram channel
February 7th — introduction of the alpha version of the main bot., This was a custodial wallet that supported only one currency — TON
February 13th 2022 — the app was published on TON Apps
February 22 2022 — introduction of the rocket-cheque sending function
October 9th 2023 — launching of the updated xRocket exchange in the Telegram Mini App format. The app became the first exchange on Telegram, and xRocket TMA and xRocket-web provided millions of users access to crypto currency trading.
November 29th 2023 — announcement of connection integration with Ethereum. In 2023 there were also many listings on the xRocket exchange, featuring tokens such as $ARBUZ, $DFC, $UP, $DRIFT, $BLKC, $TINU.
January 9th 2024 — the channel «Kod Durova» talked about the hacking of the xRocket bot. Dimitri Neklov claimed responsibility, stating that he had hacked xRocket and withdrawn all TON tokens from the app, causing approximately $250,000 in damage.
January 27th 2024 — Telegram verified the xRocket bot and issued it a blue check mark, recognizing it as an official app.
5 February 2024 — $GRAM’s listing of the first PoW (proof of work) tokens on TON blockchain.
June 7th 2024 — the listing of its own token $XROCK. The trading volume of $XROCK tokens exceeded $900,000.
Notable features:
- A proprietary P2P market of crypto currencies
- Stores such as Store TON and Jettons based on TON blockchain
- Cheques with expanded settings and options
- The ability to create invoices directly on the app
- A proprietary API (at the moment, version 1.3.1 meets the standards of OpenAPI 3.0)
Rocket Pay Cheques:
- Personal cheques for sending tokens to a user.
- Multi-cheques for sending tokens to several users, with the option to add specific conditions for signing.
- Rocket-cheque — an enhanced multi-cheque that includes a reward for creation and signing.
«Invoices» are single or multi use invoices that can be processed through the bot.
The payment comes through the xRocket platform, or directly through the blockchain address.
xRocket coins ($XROCK)
The company issued 500M limited edition $XROCK tokens, the amount of which they do not plan to increase. Initially, the token functioned solely on TON blockchain, but by April 2024, it also supported Bitcoin, Ethereum, Tether, and other blockchains..
Allocation of $XROCK issues:
14% of the tokens (70M tokens) were allocated to early investors with an 18 month cliff.
7% of tokens (35M tokens) will be partially sold with a 12 month cliff.
5% will be sold publicly with an initial 10% of tokens on the white list, over the next 9 months.
10% (50M tokens) will be allocated to the company’s treasury for liquidity, product operations, and marketing.
64% (320M tokens) will be donated to operations and a reserve fund with a 10 year vesting period.
The Roadmap
Q2, 2024:
- Issuing of virtual VISA cards for crypto currency exchange
- $XROCK token utility: transfer and conversion of small amounts of $XROCK tokens
- Support of the new Solana network
Q3, 2024:
- Listing on Coingecko and CMC as an exchange
- Support for new networks (NEAR, Litecoin)
- Migration of wallet to the Telegram mini-app
Q4, 2024:
- Introduction of $XROCK token utility features: commissions for exchanging $XROCK tokens
- Support for the Polygon network
- Staking of $XROCK
- Launch of xRocket Ads — B2B traffic service
2025:
- Enhancements to xRocketPay (automatic conversion function and invoicing linked to fiat currency rates)
- Launch of an xRocket web-trading terminal
- P2P transfers to the Telegram mini-app
- Introduction of social network functions
- Support for new network support (TBD)
2026:
- Introduction of marginal trading on the exchange