Introduction
Hi dears, another interesting project is being started. First of all, for who missed previous entry, what's a cryptocurrency? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.
All this racket of cryptomoney has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of block chain technology.
Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, paypal, etc.). The blockchain is the technological basis for all cryptomontages, whether Bitcoin, Ethereum, Hyperledger, etc.
An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agree. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
For this reason, the project I am going to present you is Xenia Coin , a project based on a chain of blocks that has been created to provide a more secure and accessible gateway to investment in cryptocurrency.
Definition
As I said before, Xenia Coin (XEN) (https://www.xeniacoin.org/) is an asset-backed cryptocurrency that has been specifically designed to provide a gateway to investment in cryptocurrency that is more secure and accessible than is currently available. It is the main digital token used on the SIX38PPN platform, an independent venture capital platform for crowdfunding where aspiring entrepreneurs in Africa can receive funding for projects they are passionate about bringing their innovative ideas to our team of professionals (more information at www.six38ppn.com).
It is a criptocurrency that can deliver the rewards that come from wading in unknown waters as well as the security of knowing that there is a lifeline to help them weather the storms until the cryptocurrencies mature and stabilize.
Goals
Xeniacoin is designed to break the high positive correlation between the values of cryptocurrency due to is one of the most important risks with investment in cryptocurrency. When the price of Bitcoin fluctuates, most other cryptographic assets follow it, and this is because cryptocurrencies share similar characteristics and, as such, are exposed to similar risks.
As a secondary objectives, Xeniacoin project aims to establish ATM (explained below) as a useful tool for both by our investors and by others to carry out financial transactions, in particular cash withdrawals, without the need for any conversion.
Features
| Characteristic | Description |
|---|---|
| Six38ppn and associated platforms | The Six38ppn and its associated platforms have provided prepaid cards in which Xeniacoin and any other cryptocurrency could be converted into cash and debited to the prepaid card allowing immediate access to at money. The prepaid card will allow our users to spend their cryptocurrency anywhere VISA or MasterCard is accepted as a payment method. The cards can be used to buy online, go through a store and even withdraw cash at ATMs throughout Africa and beyond. You will avoid problems with the money of faith instantly. |
| ATM | ATM refers to cash machines, which are likely to be full-service terminals in the future instead of or in addition to traditional bank tellers. |
| Xenia Teller App | It is a mobile application that serves as a peer2peer remittance sending and receiving service for the Six38 platform. This peer-to-peer payment is instant for anyone in the world and connects Xenia users with a network of closest physical locations where they can add or withdraw cash from their Xenia Teller wallet, plus an exchange can be accessed. full functional through the application. One of the most interesting features of the App is that with the aim of minimizing banking transactions that require large commissions for transactions between countries, the application incorporates a "trade make seller" function, which will allow merchants from all over the world to pay for their goods, services and products. |
Below, you have a clear representation of how the Xeniacoin system works through all its tools just explained.
Benefits
There are several advantages that Xeniacoin brings. First, it allows its owners to diversify their portfolio, allowing asset owners to unlock the value of assets by creating and selling their asset tokens. In addition, because XeniaCoin is the main digital token that is used in the Six38ppn, it provides another wide range of benefits, such as: increasing the liquidity and rigor of the assets and reducing transaction costs, providing the holders with a rigorous price determination and diversification through multiple asset classes, etc. In addition, the Six38ppn and its associated platforms have provided prepaid cards in which xeniacoin and any other cryptocurrency can be converted into cash and charged to the prepaid card, allowing immediate access to at money, which will allow users to spend their money. cryptocurrency anywhere, avoiding problems with money of faith instantly.
Differences between other cryptos:
- It is not susceptible to volatile fluctuations of the cryptocurrency market
- Guarantees stability and a great return on investment thanks to your currency backed by assets
- Offers greater rewards through the diversification of the investment portfolio
- Reductes the risk of investment in an unknown market.
- Provides a high level liquid investment portfolio.
Roadmap
Airdrop
The project gives the opportunity to earn Xenia (XEN) tokens performing some social media tasks and doing simple steps from the bounty program explained into the Bitcointalk platform. Here (https://bitcointalk.org/index.php?topic=3375626) you can access to the link in order to see what are the conditions to become an early XEN contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://www.xeniacoin.org/assets/XeniaCoin%20whitepaper%20-a18c3fbcebce84ecbebd921b779779c585f085e8c9b42399373624edc23bd613.pdf). You can also stay tuned in their official Telegram group (https://t.me/xeniacoin). I hope you liked the post and soon I'll send you new ones.
Extra details
Token: XEN
Platform: ETH
Type: ERC-20
Tokens for sale: 50,000,000
Media links
[01 March, 2018 - 15 July, 2018]
Twitter: https://twitter.com/Six38ppn1
Facebook: https://www.facebook.com/SIX38PPN/
Telegram: https://t.me/joinchat/FycrNFC2gRdDp1jxlpwsuw
YouTube: https://www.youtube.com/channel/UCrqn-MY1T-XdkK-BpVPoDLw
Whitepaper: http://bit.ly/xeniaCoin_wpFromBBT
Website: https://www.xeniacoin.org
Author Details
Email: adria.parcerisas.albes@gmail.com
Bounty0x username: @adriaparcerisas
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71