Xen crypto is a cryptocurrency designed to embody key aspects of blockchain technology such as decentralization and self-custody, while at the same time trying to avoid features which pose disadvantages to investors and users, such as pre-mining, origin wallets, or admin keys.
Minting XEN is free, and can begin by connecting an Ethereum-compatible wallet to a smart contract. At the end of your participation, you will be rewarded for it!
XEN is an ERC-20 token
XEN is an ERC-20 token with a novel approach to minting cryptocurrency. Using Proof-of-Participation technology to issue tokens that can be used on its smart contract platform, the token minting process encourages wide distribution while simultaneously creating maximum liquidity through widespread adoption.
XEN stands out among investors and users for its innovative cryptomining feature, garnering interest among both investors and users. Furthermore, its team behind it has designed it in many other key ways, demonstrating their dedication to core blockchain principles such as transparency, self-ownership and decentralization.
Moralis Money provides expert insight into XEN price fluctuations and forecasting its future value, with features such as Token Explorer, Shield, and Alerts. By subscribing to the Pro plan you can receive real-time updates that allow you to take advantage of any future price rallies of this cryptocurrency.
It’s a decentralized platform
XEN Crypto is an innovative decentralized platform designed to foster self-custody and trust by way of consensus, embodying some core principles of crypto such as transparency and decentralization. It was conceptualized and is led by Jack Levin – a renowned figure within the crypto industry who also served as a Google executive at some point during his life.
Contrary to other cryptocurrencies that require you to invest both money and time, minting XEN crypto is free – but only for a limited period. To claim your tokens you need to connect your wallet to the dapp and sign a transaction along with paying an Ethereum gas fee.
Once you have created a cRank, it can be spent to purchase other coins and tokens on the exchange or used to open new accounts and mint more cRanks. Furthermore, using the website’s swap function you may also exchange it for other cryptocurrencies – though please keep in mind this method may lead to your account becoming frozen.
It’s a pyramid scheme
The XEN crypto is a new cryptocurrency which promises a revolutionary method of minting. Users can mint XEN using any Ethereum-compatible wallet without initial investments – though many fear the project could turn into a pump-and-dump scam; its price has dropped 99% within just 24 hours to $0.01.
Reason being, XEN utilizes a Proof of Participation mining mechanism and is the highest gas-consuming contract on Ethereum, creating an incentive for early participants to promote it while it’s hot – leading to inflationary pressure that makes claiming rewards harder for others. However, due to steps taken by XEN crypto team ensuring only verified addresses interact with minting contract.
It’s free to mint
XEN crypto is one of the most exciting new cryptocurrency projects on the market. Leveraging the Proof-of-Participation consensus mechanism, users can mint tokens without incurring an initial investment requirement. Community growth has been outstanding, suggesting this may become an excellent alternative to Ethereum.
XEN blockchain technology provides secure and transparent transactions without a finite supply. Furthermore, its natural disinflationary effect means it will become increasingly valuable over time – making it an excellent alternative investment and great choice for speculators alike.
Anyone can join the XEN crypto community by connecting their Web3 wallet to its smart contract. Once their coins have been mined, users can redeem or stake them to earn rewards – with stake rewards increasing by quickly claiming cRank (staking rewards increase with quicker claims). Doing this helps save gas costs and maximize returns; or they can sell their XEN on exchanges if desired.