EXPAND
Expand
$0.0₄1006
0.00%
Expand
EXPAND
$0.0₄1006
0.00%
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About Expand
Expand (XPN), formerly Gems (GEM), is a decentralised protocol on Ethereum for micro-tasks, rebranded in March 2019 to reflect its expanded focus on solving traditional crowdsourcing inefficiencies.
Expand (XPN), initially launched as Gems (GEM), is a decentralised protocol on the Ethereum blockchain designed to facilitate micro-tasks through smart contracts. Expand uses staking and reputation mechanisms to ensure task quality, rewarding participants with XPN tokens.
Expand (XPN) connects task creators with workers in a decentralised manner, ensuring efficient and accurate task completion. It addresses issues like high fees and payment limitations found in traditional micro-task platforms. Users can stake tokens to enhance their reputation and earning potential within the platform.
Expand (XPN) was developed by the team originally behind the Gems (GEM) project. The rebrand to Expand in March 2019 reflected a refined mission to solve inefficiencies in the traditional crowdsourcing model, introducing staking and reputation systems to the protocol.
Gems (GEM) rebranded to Expand (XPN) in March 2019 to better reflect the project's evolved vision and focus. The rebrand was driven by community feedback and the desire to expand the platform's capabilities, moving beyond micro-tasks to address broader challenges in decentralised task completion. The new name, Expand, symbolises the project's commitment to widening opportunities for both task creators and workers by enhancing the staking and reputation systems, crucial for task verification and reward distribution.
Although 'XPN' was the ticker assigned at the deployment of the Expand Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'EXPAND' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.
