Not long ago, cryptocurrencies were believed to be a fringe concept better suited for convoluted and hyper-technical applications at best, and dark-web drug dealers and money launderers at worst. At the time of writing, crypto has broken ground as something that has evolved beyond a fad. It has even made its way into the certification exams as part of the Chartered Financial Analyst (CFA) Institute's updated curriculum. But how exactly will we reach those new heights? XMAX has the answer to that question.
With a Software Development Kit (SDK) based on the widely-used JavaScript language, XMAX seeks to establish itself as the development toolkit for the creation of decentralized applications (DApps) that will pave the way for blockchain technology to impact humanity in ways we may not have expected. XMAX is an entertainment-focused blockchain ecosystem with a "mainchain + multiple functional sidechains," and provides a powerful SDK which simplifies the development process for entertainment DAPPs. Also, XMAX offers a variety of multimedia libraries and integrates an efficient game engine that makes it easier to represent digital items on the blockchain.
The XMAX mainchain uses a VRF consensus mechanism and side-chains which operate on multiple consensus mechanisms to create a high concurrency, high TPS multi-chain system to allow for the creation of high-performance entertainment DAPPs. XMax receives a record amount of support recently, some of the activities that lead to this support were getting listed on different exchanges.
Xmax got listed on HADAX, with the project receiving a record number of "Super Nodes" via the Huobi voting system. The number of "Super Nodes" that XMax has received is as high as 20, while the previous record was held by FTI, which only received 14 "Super Nodes." Huobi is China's biggest crypto exchange, and the "Super Voting Nodes" are very reputable institutions for professional investments. Their main purpose is to help HADAX when it comes to deciding which of the projects applied for listing in the exchange are a good choice. That way, only the top-quality projects will end up being added to the exchange, and the risks following the investments are significantly reduced.
XMAX has been listed on FCoin. Trading for the project's cryptocurrency XMX began at midnight GMT+8 on July 6th, 2018. This listing marks one of several new exchanges for XMAX, a sizeable digital asset trading platform operated by Huobi.pro. The FCoin exchange finds itself uniquely positioned as a rising name in the cryptocurrency industry, primarily due to its rise to over 17.3 Billion USD equivalent in daily trading volume.
This level of volume exceeds many of the current top 10 cryptocurrency exchanges and is causing many to wonder how a relatively new contender garners this level of attention so quickly. The XMAX team hopes that being listed on the FCoin exchange will help increase the distribution of XMX and introduce more users to their mission of putting entertainment on the blockchain.
One of the most critical aspects of developing for a blockchain is user adoption, and XMAX believes that entertainment is one of the best vehicles for blockchain technology to connect with a wider global audience. XMax hopes that in the future, everyone will be able to enjoy the freedom of securing their assets and values on a blockchain, and is on a mission to enable anyone to create their economy. In the future the focus will be on users, user-created DAPPs and the communities they build more than on a particular system – XMax is helping to build this future.