Effective Date: May 19, 2025
Abstract
X.place introduces a novel approach to decentralized finance (DeFi) by making trading social. In a digital era marked by increasing isolation and fragmented user experiences, X.place positions itself at the intersection of finance and social identity. By transforming wallet addresses into profiles, trades into shareable content, and copying into a community norm, X.place responds to the psychological and technological void in current DeFi solutions. Rooted in behavioral science, game theory, and crypto-native UX design, the platform is built to improve onboarding, engagement, and retention while fostering a vibrant trader ecosystem.
1. Introduction
Human connection is not only a biological imperative (Baumeister & Leary, 1995) but also a critical driver of technological adoption.The digital landscape, despite its promise of connectivity, has inadvertently contributed to rising levels of loneliness and digital fatigue.The crypto ecosystem, while decentralized and open, is still devoid of social fabric.Wallets are faceless.Trades are silent. Learning is lonely. Community exists on the edges (e.g., Discord, Twitter), not embedded in the tools.
X.place aims to embed social functionality directly into the DeFi experience. Inspired by the success of copy trading in traditional markets (eToro, Public) and the viral mechanics of social platforms (Twitter, Farcaster), X.place enables social trading for on-chain environments. Users can link wallets, follow other traders, and copy strategies in a non-custodial, permissionless way.
2. Market Opportunity
Retail DeFi traders globally: 40M+
DAUs on Solana dApps: ~2M
Copy trading TAM (TradFi): $100B+
Solana-based swaps daily: $150M-$500M
Despite these numbers, DeFi UX is fragmented, and user retention remains low. Many wallets become inactive after a few trades due to a steep learning curve and lack of social learning. X.place addresses this via:
Social feed driven by real wallet activity
Leaderboards and gamified rewards
Copy-trading UX as simple as "1 tap"
Seamless onboarding via auto wallet creation
3. Our Solution
3.1. Trade-as-Content
Every swap, mint, or buy becomes a shareable post.
Trades display:
Token pair + profile picture
PnL in % (since entry)
Time since execution
Comments, likes, reposts
3.2. Wallet-as-Identity
Each user has a profile:
Verified wallet (via Phantom or Dynamic.xyz)
Linked Twitter/Farcaster/Solana/SNS/ENS domain
Performance stats (ROI, win rate, copies)
3.3. Copy Trading
One-click to mirror a trader’s wallet
Automatically pulls latest trades via Helius or SolanaFM
On approval, executes Jupiter swap via user wallet
3.4. Auto Wallet Creation
First-time users can get an embedded wallet
Private key encrypted in browser/localStorage or dynamic wallet provider
Optional recovery via email + OTP (web2.5 UX)
3.5. Token Rewards
Top traders ranked weekly
Followers, copies, likes convert into on-chain tokens
$XPL airdrops (future) distributed based on leaderboard scores
4. Tokenomics
Proposed initial allocation of $XPL:
40% Community / Airdrops / Incentives
15% Founding Team
20% Treasury
25% Investors
Utility:
Access to premium analytics
Staking for leaderboard boosts
Gas fee subsidies
In-app payments for wallet promotions
5. Technology Architecture
Frontend: React + Tailwind, SSR-ready
Wallet Infrastructure: Privy.io + Phantom/Solflare integration
Swap Routing: Jupiter Aggregator (Solana)
Data APIs: Helius, SolanaFM, CoinGecko
Backend: Node.js + Firebase/Postgres
Smart Contracts (future): SPL-based token rewards + trader ranking
6. Security & Compliance
Non-custodial architecture, keys never touch backend
Off-ramp partnerships (e.g., MoonPay, Coinbase Pay)
Smart contract audits prior to token launch
KYC optional, but required for fiat-onramp
7. Competitive Landscape
Step Finance: Analytics-heavy, lacks social layer
Phantom: Not social, Non-customizable, no copy-trade logi
PlaceX advantage:
Full-stack wallet + social graph + monetization
Chain-agnostic roadmap (Solana > Base > Ethereum)
Influencer-driven go-to-market
8. Roadmap
Q2 2025
MVP on Solana
Copy trading + leaderboard + profiles
10k connected wallets via influencer push
Q3 2025
EVM chain integration (Base)
In-app token wallet + $XPL airdrop engine
Discord and Telegram bot integrations
Q4 2025
Monetization begins (swap fee split + boosts)
Fiat onramp, launchpad feature
DAO setup + token launch
9. Our Team
Founder with experience scaling consumer and fintech startups to millions of users, with deep expertise in product, DeFi growth loops, and mobile UX.
CTO who previously led engineering at a major European streaming platform with over 1M MAUs. Fluent in Solidity and TypeScript.
Backend lead who built the core infrastructure behind one of the fastest Solana-based gambling platforms—optimized for high-throughput and real-time event processing.
UI/UX lead formerly at Yandex, with a track record designing Web3 products including DEXs and NFT marketplaces. Obsessed with intuitive flows and retention.
Let's connect
X.place is a bet on identity and human behavior as the next evolution in DeFi UX. As finance becomes content, and content becomes identity, X.place aims to be the social wallet layer for the next 1B+ Web3 users.
For partnership, investment, or media:
Twitter - @xdotplace