Convert XELS XELS to Ultima ULTIMA

XELS is an eco-conscious blockchain platform enabling corporations and individuals alike the ability to easily and transparently offset their carbon footprint by purchasing tokenized carbon offset credits. Since the birth of carbon offset markets in the wake of the Kyoto and Paris agreements, fraud has been a serious problem. Bad actors have been known to sell fake or expired carbon credits, and credit “recycling” fraud can lead to double spending of unretired carbon credits (see here for an example of one of the biggest fraud cases to hit carbon credits, which even ensnared Deutsche Bank. Blockchain’s distributed ledger technology is the perfect use case for carbon credits, as it cannot be changed, reversed, or double spent. Digital assets can also be “burned,” along with a transaction hash that proves the associated credit has been retired forever. We’re initially launching the eponymous XELS token as a “platform token” to access a future suite of stable tokens pegged 1:1 to various industry-standard voluntary carbon offset credits – think of those as being the “USDT” of carbon credits.

Ultima (ULTIMA) is the infrastructure token of the Ultima ecosystem. This cryptocurrency is based on an easily scalable Smart Blockchain that runs on the DPoS (Delegated Proof of Stake) consensus algorithm. The Smart Blockchain network is known by its unique throughput — it can conduct up to 2000 transactions per second. Moreover, the network creates a new block every three seconds and has low transaction costs. All these factors make ULTIMA a perfect digital currency for making daily transactions around the globe. Right now, the Ultima ecosystem includes a number of innovative blockchain products, such as DeFi-U, a technology that allows users to receive staking rewards in Ultima tokens, and a marketplace. The Ultima technical team, which has over twenty years of experience in the blockchain industry, is actively working on launching a physical crypto debit card, crypto exchange, and travel and crowdfunding platforms. ULTIMA was first launched in March 2023. Currently, the project community has reached more than 2.8 million users from 120 countries. Mission: To become the world's most widespread digital currency and an ecosystem accessible to everyone in the crypto space.