Token utility

XPcoin - they key to XPmarket ecosystem

XPcoin’s utility

XPcoin token use cases will be constantly expanded and reviewed over the coming years. Here are some of its initial and planned applications:

XPmarket

For users:

Expanded functionality. Holding a minimum amount of native tokens will provide access to Premium features developed for advanced users and professionals. Such features can be transactions export, in-depth portfolio performance tracker, airdrops tracker, etc. There will be an option to unlock the features via one-time payment or NFT ownership.
Dusting. Some users may have a negligible number of tokens left in their wallet (i.e. <1$) preventing them from removing the trustline. Users will be able to convert such small balances into XPcoin.

For developers:

Project's page editing. Project owners will gain access to edit their project's page information independently. Such changes will be accompanied by a one-time payment.
Advertising. Anyone willing to create a marketing campaign (airdrop, learn-to-earn, etc) on XPmarket.io will have to pay a fee in XPcoin.

Decentralised Exchange

For users:

Promotional campaigns. Holding a minimum amount of native tokens will provide access to exclusive promotions and partner offers.

For developers

Featured listings. Projects willing to add their tokens into “Featured” section to increase their exposure will have to pay a monthly fee in XPcoin.
Promotional campaigns. This might include trading competitions or other activities. A project willing to run such a competition will be required to utilise XPcoin.

Launchpad

For users:

Ticketing system. Unlike most IDO platforms, XPmarket’s launchpad will operate via an NFT mechanism, where instead of holding a native token to win an allocation users will purchase an NFT for a fixed price that grants them a fixed amount of participation entries. XPcoin will be used to purchase such NFTs. Such mechanism ensures that community members are not affected by price fluctuations that are seen before and after the launchpad events.

For developers

Marketplace

For developers:

Verification. The marketplace will list only verified artists that are carefully selected by the team. Artists that want to be listed on the marketplace will have to pay a small fee to cover the KYC and on-boarding process.
Minting. Holding a minimum amount of native tokens will provide access to NFT minting functionality.
Promotion. Projects will be able to advertise their collections via two mechanisms. The first is via payment in XPcoin, while the second will require holding a competitive amount of XPcoin (the more tokens help, the higher the exposure).

For users:

Fees discount. Holding a minimum amount of native tokens will provide a discount on their paid commissions. The discount will depend on the number of tokens being held.

XPmarket NFT

Personalisation. Selected physical NFTs will support a degree of personalisation, such as colour change, custom engraving, packaging upgrade. Selected digital NFTs will also support a similar feature with the personalisation opportunities. Personalisation and modification fees will be paid via XPcoin.
Minting. New collections will first be available to the most loyal users. Holding a competitive amount of native tokens will determine the whitelist position.
Shipping fee. Once a digital NFTs is burned and redeemed for a physical counterpart, a shipping fee has to be paid. All shipping fees have to be paid in XPcoin.

Please note the following:

XPcoin can be used to access/buy services/products across XPmarket ecosystem;
There are no guaranteed financial returns arising from holding XPcoin;
XPcoin is not guaranteed against fiat currencies or other assets;
No shares are granted in the issuer’s share capital (and implicitly neither voting rights in the issuer entity of XPcoin),
nor other rights regarding the acquisition of issuer’s shares (including option rights) by acquiring the XPcoin;
No dividends are granted related to the eventual profits of the issuer to the XPcoin holders.
XPcoin are not securities or other types of financial instruments.

* - a portion or all of the collected fees will be burned.

PreviousToken metrics NextTeam

Last updated 2 years ago

Token utility

XPcoin - they key to XPmarket ecosystem

XPcoin’s utility

XPcoin token use cases will be constantly expanded and reviewed over the coming years. Here are some of its initial and planned applications:

XPmarket

For users:

Expanded functionality. Holding a minimum amount of native tokens will provide access to Premium features developed for advanced users and professionals. Such features can be transactions export, in-depth portfolio performance tracker, airdrops tracker, etc. There will be an option to unlock the features via one-time payment or NFT ownership.
Dusting. Some users may have a negligible number of tokens left in their wallet (i.e. <1$) preventing them from removing the trustline. Users will be able to convert such small balances into XPcoin.

For developers:

Project's page editing. Project owners will gain access to edit their project's page information independently. Such changes will be accompanied by a one-time payment.
Advertising. Anyone willing to create a marketing campaign (airdrop, learn-to-earn, etc) on XPmarket.io will have to pay a fee in XPcoin.

Decentralised Exchange

For users:

Promotional campaigns. Holding a minimum amount of native tokens will provide access to exclusive promotions and partner offers.

For developers

Featured listings. Projects willing to add their tokens into “Featured” section to increase their exposure will have to pay a monthly fee in XPcoin.
Promotional campaigns. This might include trading competitions or other activities. A project willing to run such a competition will be required to utilise XPcoin.

Launchpad

For users:

Ticketing system. Unlike most IDO platforms, XPmarket’s launchpad will operate via an NFT mechanism, where instead of holding a native token to win an allocation users will purchase an NFT for a fixed price that grants them a fixed amount of participation entries. XPcoin will be used to purchase such NFTs. Such mechanism ensures that community members are not affected by price fluctuations that are seen before and after the launchpad events.

For developers

Marketplace

For developers:

Verification. The marketplace will list only verified artists that are carefully selected by the team. Artists that want to be listed on the marketplace will have to pay a small fee to cover the KYC and on-boarding process.
Minting. Holding a minimum amount of native tokens will provide access to NFT minting functionality.
Promotion. Projects will be able to advertise their collections via two mechanisms. The first is via payment in XPcoin, while the second will require holding a competitive amount of XPcoin (the more tokens help, the higher the exposure).

For users:

Fees discount. Holding a minimum amount of native tokens will provide a discount on their paid commissions. The discount will depend on the number of tokens being held.

XPmarket NFT

Personalisation. Selected physical NFTs will support a degree of personalisation, such as colour change, custom engraving, packaging upgrade. Selected digital NFTs will also support a similar feature with the personalisation opportunities. Personalisation and modification fees will be paid via XPcoin.
Minting. New collections will first be available to the most loyal users. Holding a competitive amount of native tokens will determine the whitelist position.
Shipping fee. Once a digital NFTs is burned and redeemed for a physical counterpart, a shipping fee has to be paid. All shipping fees have to be paid in XPcoin.

Please note the following:

XPcoin can be used to access/buy services/products across XPmarket ecosystem;
There are no guaranteed financial returns arising from holding XPcoin;
XPcoin is not guaranteed against fiat currencies or other assets;
No shares are granted in the issuer’s share capital (and implicitly neither voting rights in the issuer entity of XPcoin),
nor other rights regarding the acquisition of issuer’s shares (including option rights) by acquiring the XPcoin;
No dividends are granted related to the eventual profits of the issuer to the XPcoin holders.
XPcoin are not securities or other types of financial instruments.

* - a portion or all of the collected fees will be burned.

PreviousToken metrics NextTeam

Last updated 2 years ago