What is XeniosCoin (XNC)?
XeniosCoin (XNC) is the native asset of the Xenios Blockchain. The internal blockchain is designed to offer trustless and flexible services for all industries in today's marketplaces. The name of the project is inspired by the Greek god Zeus, as he is sometimes referred to as Zeus Xenios.
With such a distinctive structure, Xenios Blockchain has created a massively scalable payment system. Its Masternodes can validate transactions containing fewer than 2,000 XNC in milliseconds, allowing the system to handle millions of micropayments with practically no costs. Besides, note that the blockchain utilizes a hybrid PoS/PoW consensus mechanism.
Other products of the Xenios ecosystem include Xenios Exchange, Xenios BlockExplorer, and Xenios Wallet.
Use Cases of XNC Tokens
Xenios is a coin designed for trading and investing. It provides transactions that are anonymous, free, and quick. Besides, it's worth noting that XeniosCoin is a semi-stable asset, which might be comforting for investors who use it as means of exchange.
In addition to that, XNC tokens are used to reward users who mine new XNC tokens and create blocks.
Make sure to check the XeniosCoin price chart above. It features the current and the previous XNC price.
Who Founded XeniosCoin?
Emmanouil Kafouros and Anastasios Oureilidis founded Xenios crypto in 2019. As a bachelor of informatics, Ourelidis held many positions in different institutions, including VibraVid and the Digital Euro Association. Before launching Xenios and serving as the managing director of the company, Ourelidis was a founding member of the Hellenic Blockchain Association as well. As for Kafouros, the only reliable information available is that he is a B.A. graduate of applied sciences.
Tokenomics of XNC
You can view the latest XeniosCoin price changes, trade volume, and market cap on the above charts. In terms of distribution, the platform has decided to use the following structure for allocating its tokens:
- 12 million were locked up in the Xenios Team allocation reserve;
- 17 million were reserved for Masternode operators as block rewards;
- Less than 2.5 million were dedicated for minting;
- The remaining coins were released into circulation.
Knowing the latest XNC price changes can help potential buyers make more informed decisions and better predict the coin’s future value.
