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Crypto Pair Details: XAC to HSN

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.



Hyper Speed Network HSN

A fast, secure, and easily available cryptocurrency designed for “tipping and Rewarding”, allows rewarding a worker for a job well done, while avoiding the high fees on payment milestones inflicted on both sending and receiving parties involved, that is usually incurred by such transactions by the specialized job marketplaces that act as intermediaries between the parties. With Ethereum technology secures almost instant transaction of tipping reward and in the process either avoids the intermediary job marketplace platform in question, or as a best case scenario, is integrated into the job marketplace and acts as an additional bonus feature of the very job marketplace platform, this welcoming all parties involved; the employer, the employee, and the intermediary job marketplace platform to the world of digital currency. Helper Search Token ( HSN ) cryptocurrency can be used both as an integrated reward system for the intermediary platforms, or without the integration, as it is already a stand alone payment system with a use case in every industry and any task solving situation, from getting a big contract based project done, to rewarding a school child for doing the homework, Rewarding for network gathering foreign, domestic helpers, employers and employment agencies

SOURCE: COINGECKO



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