Transcendece combines an open-source, decentralised blockchain with existing services as like AmiCloud and the indieGO-Appstore. All of them accept the Transcendence Network Token called Telos. The longterm plan is to move the cloudstorage and cloudcomputing aspects of the closed source software to the opensouce blockchain.
MX is the proof of rights and interests of MXC trading platform itself. Its total circulation is 3 billion constantly and never be added. MX holders can enjoy a series of rights and interests including asset appreciation, rebates on platform revenue, supervision, voting, etc. MX can be obtained in two ways: mining and buying.