Undervalued Gem: Xinfin | XDC Network
Came across this a week ago and I'm surprised that this coin isn't as spoken about as XLM & XRP.
I think CoinGecko summed up XDC better than I ever can so here's their description:
XDC Network is an enterprise-ready hybrid Blockchain technology company optimized for international trade and finance. The XDC Network is powered by the native coin called XDC. The XDC protocol is architected to support smart contracts, 2000TPS, 2seconds transaction time, KYC to Masternodes (Validator Nodes). The XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS), with the intending to create a ‘highly-scalable, secure, permission, and commercial grade’ blockchain network. XinFin mainnet token XDC and also creates anopportunity to utilize the XinFin’s real-world use-cases such as TradeFinex.org, helps small and medium businesses or institutions originate their own financial requirements in a digital, fully structured manner so that they can distribute it to the bank or non-bank funders themselves using a common distribution standard.
Now this sounds very promising but there's much more.
Xinfin is the first blockchain company to join the TFD initiative. The TFD initiative consists of many financial institutions(abn amro, commonwealth bank of australia, and many more) where with this initiative they want to set rules and standards for technology based market practices (sharing data, accessing information, etc). This is pretty big news if you ask me! (https://twitter.com/AndreCasterman/status/1427843754560573440)
Xinfin will also be fully interopable with the ISO20022 standard: https://xinfin.org/ISO20022
They recently partenered with Unmarshal (decentralized network of blockchain data indexers and transforming tools to power defi applications on any chain) read: https://blog.unmarshal.io/
On top of that, the project basically has no retail adoption yet.
Their subreddit r/xinfin has 5k members.
They have 52k followers on twitter: https://twitter.com/xinfin_official?lang=en
Tokenomics:
- Circulating: 12,238,141,964
- Total supply: 37,599,520,715
- Market cap: $1,798,072,751
- Price per token (as of writing): $0.146
- Only a couple major exchange listings (Bitrex, KuCoin, Bitfinex)
And there's much more about this undervalued gem, but I'll leave some of the other stuff for you guys to find (if you're interested about the project).
this is not investment advice, i personally am invested in xdc. before buying in do some of your own research!
Posted Aug 30, 2021, 5:47 AM UTC · edited
Have you checked the team behind this project? I wonder if it also sounds as promising as it’s idea
Yes, the team is fully doxed. Their co-founder is a part of the ITFA fintech committee.
https://twitter.com/atulkhekade
Aight, you convinced me, might delve into this project a little bit later.
Thanks OP!
It's a very interesting project to follow even if you're not invested imo.
Just found out that It’s a bit problematic to buy this coin xd
https://nitter.net/atulkhekade
Here is the link to that Twitter thread on Nitter. Nitter is better for privacy and does not nag you for a login. More information can be found here: https://nitter.net/about
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After you follow the links others provided you, check out Coinclubcrypto on Youtube. Quincy was an AWS developer who recently started working on XDC . Dude explains a plethora of crypto coins and what's unique or worth while about each one.