General Attention Currency XAC to Coinsuper Ecosystem Network CEN Exchange

Crypto Pair Details: XAC to CEN

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.

Coinsuper Ecosystem Network CEN

Coinsuper would like to announce our platform token — CEN (Coinsuper Ecosystem Network)’s issuance and our plan to set up “Coinsuper Club”, i.e., the Global Advisor Association. All the CEN holders own the privilege for premium projects subscription. CEN (“Coinsuper Ecosystem Network”) is Coinsuper’s platform token. It is based on the ERC-20 token standard and has a total supply of 1 billion tokens, with no further issuance. Coinsuper is committed to building a world-class cryptocurrency exchange that drives mainstream and institutional adoption of digital assets. Coinsuper’s unique expertise in traditional finance, combined with its technical and operational excellence, makes it uniquely qualified to achieve this goal. CEN will serve as Coinsuper’s platform token and power a robust cryptocurrency ecosystem that is comprised of the Coinsuper exchange, a network of global crypto investors, top crypto investment funds, regulatory authorities and blockchain innovation labs. Together, this ecosystem will advance the growth of cryptocurrency and strengthen industry regulation and governance. Coinsuper has always been committed to creating a compliant and safe trading platform for premium blockchain projects, so as to provide global users more opportunities to participate through CEN. With the establishment of Coinsuper Club, Coinsuper will invite world-class blockchain investors and consultants who consistently refer premium blockchain projects to the platform. CEN holders and Coinsuper Club members would enjoy the benefits including: a. All CEN holders on the platform can get the opportunities and discounts for early participation in premium projects subscriptions; b. The platform will also give premium project tokens away to CEN holders on an irregular basis; c. Club members would enjoy the priority to get a certain share of premium projects; Currently, the first batch Coinsuper Club members including Pantera Capital, 8 Decimal Capital, Node Capital, Blockwater Capital and Connect Capital have been invited to join.

SOURCE: COINGECKO

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