XIDAR is a service and tool provider specializing in Web3 and DeFi (Decentralized Finance). It offers a range of user-friendly, robust solutions that aim to streamline the Web3 and DeFi space, enabling users to easily navigate and explore the future digital landscape regardless of their technical knowledge. XIDAR believes that technical expertise and comprehension of Web3 and cryptocurrencies should not be a barrier for users to take advantage of the ongoing technological and financial paradigm shift.
XIDAR's products focus on providing an exceptional user experience and safe guidance for navigating the DeFi and Web3 spaces. The company leverages the power of the Radix DLT network to provide accessible no-code solutions and facilitate a seamless onboarding experience for all users.
Platform
XIDAR's platform is built on Radix, a decentralized ledger technology (DLT) network. Radix was chosen by XIDAR due to its unique, comprehensive, integrated bottom-up technological approach. XIDAR views Radix as the only platform that can fully support its vision of Web3 DeFi and offers the ability to fully leverage a decentralized network that enables fast and secure development without sacrificing scalability or composability.
Products
XIDAR Wallet
The XIDAR Wallet is an industry-leading browser and soon-to-be mobile wallet for the Radix network. It allows users to manage, send, receive, stake, and swap all tokens and NFTs (Non-Fungible Tokens) from the Radix DLT network. It also features the ability to create or import multiple accounts and addresses, manage balances, search transaction history, stake XRD tokens, swap tokens in-app, add contacts, create native Radix tokens, recover wallet automatically, send tokens to multiple addresses in one transaction, and buy XRD directly with a credit card.
$IDA Token
The $IDA token is a utility token within the XIDAR ecosystem that lives on the Radix DLT network. It has a fixed supply of 240 million tokens. The $IDA tokens will represent a vital utility asset within the XIDAR ecosystem and will continue to play a pivotal role in all its products and services. In particular, $IDA tokens will empower users with decision-making capabilities in XIDAR's upcoming investment DAO (Decentralized Autonomous Organization) and provide access to premium features within the XIDAR wallet. XIDAR plans to announce further benefits related to its upcoming no-code dApp creator.
Tokenomics
The tokenomics for the $IDA token are as follows:
- Ecosystem/Community Rewards: 96,000,000 $IDA (40%)
- Liquidity & Exchanges: 16,800,000 $IDA (7%)
- Private Sales: 15,600,000 $IDA (6.5%)
- Tech & Dev: 36,000,000 $IDA (15%)
- Team & Advisors: 32,400,000 $IDA (13.5%)
- Marketing: 28,800,000 $IDA (12%)
- Treasury: 14,400,000 $IDA (6%)
The vesting period for founders is 12 months with no cliff.