What is MXC?
Meta X Connect token or MXC is the native utility token used within the MXC ecosystem. The latter is a global data network. The MXC crypto project is a completely decentralized platform based on the unique Machine eXchange Protocol (MXProtocol) as well as a low-power-wide-access network (LPWAN).
The MXProtocol facilitates the building of a global IoT network by providing a decentralized IoT infrastructure. It’s backed by mining principles of a Proof-of-Participation consensus mechanism.
The MXC token is based on the ERC-20 token standard. It has several use cases. Firstly, MXC serves as a medium of exchange within the MXC ecosystem. Secondly, it enables IoT tokens and other related information to be launched, bought, and sold on an NFT data marketplace. The latter is 100% inter-chain. Thirdly, the MXC token facilitates increased data transactions and idiosyncratic data flows. Last but not least, MXC also serves as a governance token.
There is no available information on the maximum supply of the MXX token.
Just like the entire crypto industry, MXC is a volatile digital asset. The graph above provides a more in-depth look at the MXC price history and the current MXC price which can help you to make a more informed decision.
What are the Main Features of MXC?
One of the core goals of MXC is to empower the Web 3.0 space.
Anyone can participate within the MXC ecosystem. This includes large enterprises, organizations, groups, or individuals.
It comes with integrated features that are entirely unique such as an M2 Pro Miner which enables low-power mining of multi-tokens.
Who Developed MXC?
The MXC crypto project was launched by the MXC Foundation. The latter is a non-profit organization centered around AI and blockchain technologies.
The idea of MXC started to form in 2018. This was due to the increasing popularity of Web3 in Berlin. In the beginning, the core purpose of MXC was to allow device data transmissions as well as M2M transactions. However, the idea grew into one of the most successful global IoT network projects.
