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Project Features
The eXPerience Chain Project is an open source project aiming at a society that enables people to gain new experiences by connecting people in the real world using cryptocurrency, and the cryptocurrency “eXPerience Chain (XPC)” will be the currency to create the foundation for it. In order for cryptocurrencies to be accepted by society in the future, it will be necessary to create a special user experience with an added value that can only be provided from cryptocurrencies. XPC Project thinks that it should be fun to use cryptocurrency, and its aim for the experience gained by using cryptocurrency will lead people's life-long assets. XPChain wants more people in the world to discover and feel the "enjoyment of use". As an open source project, XPC-Project will build an environment where everyone can freely participate in development in order to receive rewards based on technology and ideas everyone has gained from experience.
The Age Burnable PoS (ABPoS) system chosen by XPC has a different reward system as usuall PoS cryptocurrencies. The amount of the time to receive rewards, as well as the reward amount, depends on the transaction Coin Age and the amount of coin input. The ABPoS has the greatest feature that enables conditional editing of the compensated transaction resulting from the successful staking of the transaction. An example of this is when someone runs a web service through a XPC Web Wallet that can be staked. Making revenue is one of the most important factors in the operation of the web service. By modifying the reward transaction, the owner of the web service can easily cover some of the operating expenses from the rewards received by the utilization of the ABPoS system. This web service itself can then earn reliable operational cost and can grow as a business. GeoLink is a communication application using location information. Users can create "Rain clouds" of XPC in arbitrary places and distribute XPC (Rain) to XPC users around "Rain clouds". This event-rich feature has the role of connecting XPC with people offline.
Token Status and Distribution
The XPC team will first plan to start two services; GeoLink and XPC Pay, which can utilize XPC in Japan and Korea, and spread it to any global community. XPC's marketing targets are worldwide, and in addition, aim to be the currency where XPC is used worldwide. 80% of the first 110 billion XPC issued (88.1 billion XPC) is used for an Airdrop. The XPC Foundation will hold 22 billion XPC. The XPC Foundation will ensure that 5% of the amount held by the XPC Foundation and ABPoS revenue is kept as an annual management budget and the XPC Foundation will not sell any other XPCs.
Useful Links
Website: https://xpchain.io/
White Paper ： https://xpchain.io/whitepaper-en
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