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Machine Xchange Coin

Machine Xchange Coin

MXCV1
$0.0₄2634Up 0.00 percent($0.00)

Key Stats

Market Cap$69.61KUp 0.00 percent
Fully Diluted Value$69.61K
Total Supply2.64B MXCV1
Max Supply
Launch Date2018-08-08
Built OnETH
Token StandardERC20
Smart Contract Address0x5ca3…386e
Decimal Places18

Machine Xchange Coin Information

Industries
Payment
Parent Asset

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InstrumentExchangeBenchmark DataPrice24h Change
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0.0₄1600USD
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0.0₄1300EUR
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0.0₄1300EUR
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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
MXCERC20ETH0x5ca381bbfb58f0092df149bd3d243b08b9a8386e2018-08-08

About Machine Xchange Coin

Machine Xchange Coin (MXC) is a utility token used within the blockchain-based platform created by the MXC Foundation, focused on the development of the Internet of Things (IoT) ecosystem. It serves as a means of payment for IoT-related services and transactions and as a reward for network contributors. The platform uses Proof of Participation (PoP) to incentivize users to contribute to the network and distribute rewards through the MXC token. MXC aims to improve the efficiency, security, and sustainability of IoT ecosystems by enabling seamless communication and data exchange between devices and networks.

Frequently Asked Questions

Machine Xchange Coin (MXC) is a utility token used within a blockchain-based platform that focuses on the development of the Internet of Things (IoT) ecosystem.

MXC was created by a team of blockchain and IoT experts from MXC Foundation, a non-profit organization based in Berlin, Germany. The team includes industry veterans from companies such as Siemens, IBM, and HP.

MXC serves as the primary means of payment within the MXC platform for IoT-related services and transactions. It is also used as a reward for network participants who contribute to the platform's development and maintenance. Additionally, the MXC platform uses a consensus mechanism called Proof of Participation (PoP) that incentivizes users to contribute to the network and provides a distribution of rewards through the MXC token.