Aladdin ADN to General Attention Currency XAC Exchange

Crypto Pair Details: ADN to XAC

Aladdin ADN

ADN Mainnet is a blockchain-based technology designed to secure ICO investments. Going beyond decentralization, we are pioneers of a built-in investor-oriented mechanism to ensure security and transparency to our investors. ADN aims to transcend into the future of blockchain and ICO with continuous development and innovation. Aiming to provide a tangible solution to existing problems within the industry, we developed a blockchain with high-throughput, high scalability, and high availability for Decentralized Applications (DApps) in the ADN ecosystem. Combining the benefits initially proposed by its cryptocurrency predecessors such as Bitcoin, Ethereum, EOS and TRON, the ADN protocol becomes a high-performance blockchain platform. Integrating the Delegated Proof-of-Stake (dPoS) consensus and ADN Virtual Machine (AVM), it primarily focuses on smart contracts, consensus, and ICO wallet.

General Attention Currency XAC

The 2016 economic report “On the Value of Virtual Currencies” commissioned by the Bank of Canada, found three contributing components dictating a cryptocurrency’s exchange rate: The actual use of virtual currency to execute real payments. The decision of forward-looking investors to buy virtual currency (thereby effectively regulating its supply). The elements that jointly drive future consumer adoption and merchant acceptance of virtual currency. XAC Attention Addresses Attention Addresses are linked to AMARK consumer data and have specific rules enforced by the XAC protocol. There are two key functions of attention addresses: XAC-LOCK XAC-Lock is a feature that encourages continued consumer engagement with AMARK. The XAC sent to Attention Addresses is initially locked and becomes available after a maturation period. The XAC attention awards paid to consumers continually matures into availability as new XAC is earned from ongoing attention marketing. This process encourages engagement with AMARK as attention wallets will rarely have a zero XAC balance, giving consumers a consistent flow of value to spend within the ecosystem. XAC-BURN XAC-Burn is enforced at the protocol level. All transfers to Attention Addresses require 5% of the XAC transferred to be burned. The XAC -Burn feature is designed to align interests between merchants and consumers in the AMARK ecosystem. Anytime merchants use the AMARK platform for marketing, they are supporting the value of the XAC currency as protocol rules enforces a 5% burn. As such, merchants are effectively scaling the supply of XAC to match the demand from the ecosystem. This supply-side scaling mechanism will offset new coins introduced through block rewards and pressure the price of XAC to an equilibrium reflective of demand from the ecosystem.

SOURCE: COINGECKO

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