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About XIL

ProjectX solves the problems associated with the lack of transparency and complications in the NFT market by making NFT investments liquid, accessible, and secure through its unique and dynamic NFT-pegged ETFs. Additionally, it makes NFT collecting more lucrative and beneficial for all by offering an array of liquidity mining & rewards farming programs. Due to the NFT/ DeFi nature of the project, ProjectX in particular addresses the market of cryptocurrency trading and yield-based investments (specifically to the DeFi and NFT market). The current NFT market lacks transparency and is unnecessarily complicated. Without proper guidance, buyers are more likely to lose on their investment than make a profit. This issue blocks millions of potential NFT Investors from properly participating in the market. This also derives from the high gas fees and slow transaction confirmations on Ethereum, which brings about a scalability problem. To solve the problem and scale at better speed, ProjectX will utilize Polygon’s full-stack scaling solution for pools of NFTs, the NFT redemption mechanism, and for all of the rewards systems the platform has. By further developing the use of indexes and ETFs, it aims to create different themed pools of NFTs - which include Music, Digital Art, Sports Cards, and KOL issued NFTs within its unique platform. This development will assist both Institutional and Public adoption - driven by hundreds of large-scale and Tier-1 entertainment corporations .ProjectX has several main product lines:The first product line for ProjectX is being a launchpad for NFT issuers. Celebrities, KOLs, or other recognizable people can set up pools of NFTs and raise funds for it by doing a public sale (IDO style).Additionally, the platform is one which provides instant liquidity to NFT owners (they put NFTs in the pool and get ERC-20 tradable tokens that are pegged to this pool). Therefore, all of the NFT owners can get instant liquidity easily.Finally, ProjectX works to provide the most secure and simplified way to gain exposure to the NFT market with the use of pools and Indexes.Solutions to current Market Issues:For NFT Owners: Add your NFTs to the pools and get fungible 1:1 backed ERC-20 tokens, which will be tradable on our partnering exchanges. This feature brings instant liquidity to the NFT collectors/owners and lets them convert their NFTs into any other digital asset almost instantly. NFT owners can add any NFT they hold with no limit. Only those that meet the benchmark will be accepted to the pool. After submitting their NFTs, users will receive a XIL token as a reward for that. XIL token might be staked, sold, or swapped.For Investors: Buy ETFs (index funds) pegged to specific pools of NFTs selected by top experts - a.k.a curators, overall community, and the company itself.For Creators: Create NFTs with the ability to sell on all leading Marketplaces. All NFT creators will have access to buyers from the TOP NFT marketplaces, with just one click due to the simultaneous aggregating of liquidity from them and providing of maximized demand to the creators. All NFT creators will earn rewards (XIL Token) for minting NFTs and providing those NFTs to the liquidity pools.

Project X (XIL) is a cryptocurrency launched in 2021. XIL has a current supply of 250.00M with 0 in circulation. The last known price of XIL is 0.000391696286 USD and is 0.000041157829 over the last 24 hours. It is currently trading on active market(s) with $630.29 traded over the last 24 hours. More information can be found at https://www.projectxnft.com/.

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XIL Price Statistics
XIL’s Price Today
24h Price Change
+$0.00004115782911.74%
24h Volume
$630.2943.16%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#9442
XIL Market Cap
Market Cap
$0
Fully Diluted Market Cap
$97,924.07
XIL Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
XIL Supply
Circulating Supply
0
Total Supply
250.00M
Max Supply
250.00M
Updated Oct 09, 2024 5:08 am
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XIL
Project X
$0.000391696286
$0.000041157829(+11.74%)
Mkt Cap $0
There's nothing here for now
Decentralized Science Movement Aims To Reform Peer Review System
Decentralized Science Movement Aims To Reform Peer Review System
According to Cointelegraph, the decentralized science (DeSci) movement is gaining traction among those who believe that the current scientific publishing system is overly centralized and lacks proper incentivization. One prominent supporter of this movement is Charles Hoskinson, co-founder of Cardano. Hoskinson has been vocal about his criticisms of traditional scientific publishing, describing it as 'terribly broken.' He argues that blockchain-based DeSci can address these issues, particularly in the peer review process. Peer review is a critical component of scientific research, where qualified scientists evaluate the work of their peers to ensure its accuracy. Ideally, this process helps to identify and correct mistakes, miscalculations, or errors. However, critics argue that the peer review system is often flawed and can be easily manipulated. Concerns have been raised about who qualifies as a 'peer' and whether the review process is sufficiently fair and diverse to represent the full spectrum of scientific research. One proposed solution to these issues is the publication of research as 'pre-prints.' This allows scientists to share their work with the public without undergoing the costly and sometimes biased peer review process. However, this approach has its drawbacks, as the claims made in pre-prints may go unverified. The DeSci movement seeks to address these challenges by creating a system that incentivizes the participation of qualified reviewers. Unlike traditional for-profit scientific journals, which centralize assets and control, DeSci relies on a decentralized autonomous organization (DAO) to manage the group's protocols and funds. Proponents of DeSci argue that this model eliminates the need for monolithic journals by creating an economy where both research and peer review are valued and incentivized. By leveraging blockchain technology, DeSci aims to create a more transparent, fair, and efficient system for scientific publishing. This could potentially revolutionize the way scientific research is conducted and shared, ensuring that valuable contributions are recognized and rewarded appropriately.
Oct 09, 2024 5:03 am
Babylon Bitcoin Staking Platform Sees Significant Uptake
Babylon Bitcoin Staking Platform Sees Significant Uptake
According to CoinDesk, Bitcoin protocol Babylon completed its second staking round on Tuesday, significantly increasing deposits to approximately 24,000 BTC ($1.5 billion) from about 1,000 BTC previously. The staking round was 'duration-based,' lasting for 10 Bitcoin blocks. Babylon, a Bitcoin staking platform designed to provide the original blockchain's security to new protocols and decentralized applications, attracted about $1.5 billion worth of bitcoin after briefly opening to additional deposits. This uptake indicates a robust demand for a growing decentralized finance (DeFi) ecosystem on the 15-year-old Bitcoin blockchain, which was previously limited to alternative networks like Ethereum and Solana. According to Babylon's staking dashboard, around 18,601 BTC had already been staked as of 20:03 UTC (4:03 p.m. ET), with an additional 5,419 BTC pending in the staking queue. The cap was lifted for about 10 Bitcoin blocks over the course of one hour and 23 minutes, with the only restriction being that users could stake up to 500 BTC per transaction. This structure marked a departure from the initial opening in August, where the cap was set at a fixed 1,000 BTC and filled up in an hour and 14 minutes. Babylon aims to allow proof-of-stake chains to acquire capital from the deep reserves stored in BTC. It is one of many initiatives aimed at introducing utility to Bitcoin, which is commonplace on networks such as Ethereum but historically largely absent from the world's first blockchain. The project gained attention in May this year when it completed a $70 million funding round, following an $18 million round the previous December.
Oct 09, 2024 4:43 am

Frequently Asked Questions

  • What is the all-time high price of Project X (XIL)?

    The all-time high of XIL was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Project X (XIL) is 0. The current price of XIL is down 0% from its all-time high.

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  • How much Project X (XIL) is there in circulation?

    As of , there is currently 0 XIL in circulation. XIL has a maximum supply of 250.00M.

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  • What is the market cap of Project X (XIL)?

    The current market cap of XIL is 0. It is calculated by multiplying the current supply of XIL by its real-time market price of 0.000391696286.

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  • What is the all-time low price of Project X (XIL)?

    The all-time low of XIL was 0 , from which the coin is now up 0%. The all-time low price of Project X (XIL) is 0. The current price of XIL is up 0% from its all-time low.

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  • Is Project X (XIL) a good investment?

    Project X (XIL) has a market capitalization of $0 and is ranked #9442 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Project X (XIL) price trends and patterns to find the best time to purchase XIL.

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