General Attention Currency XAC to Linkey LKY Exchange

Crypto Pair Details: XAC to LKY

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.

Linkey LKY

Linkey Blockchain World Bank (simple as Linkey), is the first decentralized financial services institution supplies professional digital asset related product in the world. Based on the advanced public chain and community of technicians and financial elites from the world, Linkey provides comprehensive, safe, convenient and professional asset management and value-added services to customers. Linkey covers the business scope like savings, investment banking, insurance trust, futures, investment management and wealth management of the digital asset area and promotes the development of digital asset investment. With abundant digital financial services, Linkey provides a safe, convenient and decentralized one-stop digital asset investment management program. Customers can join the lower risk business, like saving and deposit in traditional bank; otherwise, customers can also invest financial products with low to medium level risk; even more, future products, private funds and ICO related products with high risk and profits are also supplied to customers. Through the comprehensive digital asset investing services, customers can choose and allocate their digital asset investment plan freely, which will greatly enhance the professional and effectiveness of their digital asset investment.

SOURCE: COINGECKO

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