What is Machine Xchange Coin (MXC)?

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.

Who created Machine Xchange Coin (MXC)?

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.

What is Machine Xchange Coin (MXC) used for?

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.

Machine Xchange Coin (MXCV1) Markets

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Open	24h High
1	MXCV1-USD MXCUSD	kraken	AA	0.0₄1600USD	0.00%	0MXCV1	0.0₄1600USD	0.0₄1600USD
2	MXCV1-EUR MXCEUR	kraken	AA	0.0₄1300EUR	0.00%	0MXCV1	0.0₄1300EUR	0.0₄1300EUR
3	MXCV1-EUR MXCEUR	bit2me	B	0.0₄1300EUR	0.00%	0MXCV1	0.0₄1300EUR	0.0₄1300EUR