The proceeds from sale of the coins are invested in developing and improving an online gaming service called Xbit Gaming Platform .

All the coins of the Xbit Blockchain are mined in the first 100 blocks. And the coins can be used after the first 100 blocks. The network of this coin is only used for the official mining pool. After block number 100, no reward is given from the newly mined coins, however, the reward of miners is given from the fee of transactions. The official mining pool only accepts those miners who have at least 10 million Xbit Coins in the wallet that receives the reward. The miners also need to be verified.

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