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Xfinite Entertainment Token


11/30/2022, 9:39:58 PM

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Xfinite Entertainment Token is on the decline this week.

The price of Xfinite Entertainment Token has fallen by 25.01% in the past 7 days. The price increased by 9.29% in the last 24 hours. In just the past hour, the price shrunk by 0.48%. The current price is $0.000962 per XET. Xfinite Entertainment Token is 99.99% below the all time high of $8.14.

The current circulating supply is 0 XET.


What Is Xfinity Entertainment (XET)?

Xfinity Entertainment is a decentralized entertainment ecosystem. The project claims to create a next-gen media platform via innovation in economics, content ownership, and data management ensuring transparency. According to its litepaper, the project aims to revolutionize digital media streaming and bring innovation to the customer experience. The project provides a blockchain-based solution to shape the future of digital entertainment in a trusted environment.

Its litepaper claims that the project is consumer-centric, providing a seamless and interactive user experience. The project also claims to provide rewarding economics where every user benefits from the project’s success. Further, the project claims to have partnered with more than twenty-five content providers and more than six hundred reward providers to provide quality and rewards to its users.

The project launched an online streaming decentralized app (DApp) called Mzaalo. The application is both available on android and IOS. Users can watch premium content without any fee and have an option to watch localized content. Further, users can earn a reward by watching and engaging with the app. The more a user engages, the more they earn the reward. Such reward can then be redeemed digitally or via physical merchandise or experiences. The Xfinity entertainment is built on the Algorand blockchain, which uses proof of stake consensus protocol. Algorand blockchain is claimed to be a cost-effective blockchain that has a rate of thousand transactions per second.

The native token of the project is denoted by XET. XET is a utility token. Users of the platform get rewarded with the XET token for their engagement with content on the platform and application. Influencers and brands use XET tokens to purchase advertisement space on the platform and application. Users can also stake their XET tokens to create non-fungible tokens (NFT) for their fans.

History of Xfinity Entertainment (XET)

The streaming platform was launched in the second quarter of 2020. The XET token was launched in 2021. The founding team behind the project includes Swaneet Singh (CEO), Vikram Tanna (COO), Santosh Yellajosula (CECO), and Parag Arora (CSO). The total supply of XET tokens is four billion.

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What is the current price of Xfinite Entertainment Token?

The price of 1 Xfinite Entertainment Token currently costs $0.000962.

What is the market cap of Xfinite Entertainment Token?

The current market cap of Xfinite Entertainment Token is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Xfinite Entertainment Token?

The all-time high of Xfinite Entertainment Token is $8.14. This all-time high is highest price paid for Xfinite Entertainment Token since it was launched.

What is the 24 hour trading volume of Xfinite Entertainment Token?

Over the last 24 hours, the trading volume of Xfinite Entertainment Token is $43.78K.

What other assets are similar to Xfinite Entertainment Token?

Assets that have a similar market cap to Xfinite Entertainment Token include Sifu Vision, Open Rights Exchange, LIT, and many others. To see a full list, see our comparable market cap assets.

How many Xfinite Entertainment Token are there?

The current circulating supply of Xfinite Entertainment Token is 0.