What is XeniosCoin?

XeniosCoin (XNC) is a digital currency that was launched in 2019 by a team based in Greece. It operates on a POW/POS (Proof of Work/Proof of Stake) system and is designed to be a digital currency with real-world applications. XeniosCoin strives to be a business and asset management-oriented cryptocurrency, offering anonymous and fast transactions. It is supported by the Hellenic Blockchain Association and is used as the official currency for yearly member subscriptions to the association. The total supply of XeniosCoin is 108,000,000 coins.

How does XeniosCoin work?

XeniosCoin operates on a semi-stable system, which allows it to maintain a stable minimum price while offering unlimited liquidity. This system aims to provide a sense of stability for users, as they can liquidate any amount of XNC at any time. XeniosCoin's worth is influenced by asset management and business consulting. The coin's base price, which is the guaranteed buy-back price, continually increases as the assets produce value. The asset management contributes 95% of the net profit to the coin's worth, while the tourism business contributes 5% of the net profit.

What are the potential use cases for XeniosCoin?

XeniosCoin is designed to be a business and asset management-oriented cryptocurrency. It aims to be accepted by many businesses and enterprises globally in a short period of time. One of the potential use cases for XeniosCoin is in the tourism industry. Xenios "Hotels & Flights" is a service that provides offers on travel and accommodation to users who pay with XNC. Additionally, XeniosCoin's asset management adds extra value to the coin, as 95% of net profits are added to the coin's price. This means that staking XNC could potentially provide compensation for all those who process transactions with the coin.

What is the history of XeniosCoin?

XeniosCoin was launched in October 2019 by a team based in Greece. It was designed to be a digital currency with real-world applications and was supported by the Hellenic Blockchain Association. Since its launch, XeniosCoin has aimed to be listed on several platforms and has developed new services through its asset management department. In February 2021, a multistore began accepting XeniosCoin exclusively, and a new global tour operator started using XeniosCoin. In June 2021, XeniosCoin launched its own platform, and UBACS L.T.D. began using XeniosCoin exclusively for its products and services.