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.
BZ is the ecological token issued by Bit-Z Exchange, abbreviated as BZ. It does not publicly raise funds from investors.The initial stage of BZ is based on the Ethereum ERC20 agreement. In the future, the BZ main net will establish more ecological models to boost the development of the platform. Based on the global eco-development plan of the Bit-Z Group, BZ will have good asset value preservation, expected value-added space, and stable market liquidity. The value space of BZ can be imagined. BZ is bringing a series of ecological core welfare benefits to the Bit-Z Group. 50% of the total, used for global partners to share a new model of dividends. Bit-Z defines one million users as its partners, and is committed to building the world's largest trading platform, and always works with users to promote the new development of global blockchain ecological construction. There is no private equity quota to protect the ecological development of the Bit-Z Group. Bit-Z puts perspective on industry health and platform self-discipline. BZ minimizes the participation threshold for global partners and creates a new economy for welfare sharing. BZ employs third-party data disclosure agencies to share data to global partners in real-time. BZ is committed to creating a fully transparent circulation mechanism.