What is XP Coin?
XP Coin stands for Experience Points. The cryptocurrency is a fully independent, platform-independent incentive reward token and digital currency combination that allows users to earn XP through video games, activities, sports, education and conservation, and then spend it on participating sellers either online or while playing ,
XP Coin – The Concept
The concept of real rewards, combined with Bitcoin’s Blockchain technology, provides an innovative approach to in-game currencies, moving towards a unified platform similar to the standards that apply, for example, to mobile telephony fees. This approach keeps the digital currency completely independent of banks, central government, governments and corporations, while allowing them to collaborate and submit proposals, open source codes, documentation and content that benefits other participants and partners in the network.
Read Also : What is SIFT Coin?
Read Also : What is FlypMe Coin?
Read Also : What is Kolion Coin?
XP Coin – The Cryptocurrency
XP Coin is a dual-purpose digital asset that is used for achievements and development and is an open decentralized digital currency. Players around the world have been gaining experience points (XP) in games for many years, and once users have earned XP, they are able to spend, donate, trade, or trade them for something useful.
XPs are experience points and a unique digital currency based on the Bitcoin blockchain that enables transactions on an open ledger. Transactions are recorded by amount, date and time in the ledger and prevent fraudulent activity such as duplicate spending. This coin is gemined only with the basic POW / POS core code . A custom API and other technologies will be developed with future partners to meet the technical requirements within their scope.
Read Also : What is Zero Coin?
Read Also : What is UFO Coin?
Read Also : What is VIVO Coin?
XP Coin – The Team
The system is equipped with plug-and-play features so that any software developer can integrate the XP Wallet and use existing API commands to enable XP transactions in the games. All other technologies are developed to meet the needs of future partners and consumers.
Because of personal health, the former founder, the project Evangelo and the new team handed over control of XP with the task of professionally managing the system and developing XP as a digital currency and a used coin.
Read Also : What is Bata Coin?
Read Also : What is Anoncoin?
Read Also : What is 42 Coin?
35 billion coins were sent from the original pre-mine on 27.06.2017 to the new development team to develop and support the coin – the remainder of the pre-mine will be distributed according to the wishes of the new development team.
Because XP uses the Bitcoin core, it has an established API that companies around the world can use immediately to easily develop their own custom code, connect the XP Core, and get started.
XP is a fully independent financial platform that is free of political, religious, financial or geographic bias and fully adheres to high moral, ethical and practical standards for global peace, equality and fairness. XP Coin also endeavors to ensure compliance with legal requirements in each country that accepts and uses XP as a unit of the independent currency in the local legal framework.
For More Digital Coins Information here
The post What is XP Coin? appeared first on Technology Geeks | Gadgets | IoT | News.