XELS XELS
1. Summary
- Price
-
$0.05 -4.2%
- Market Cap
- $1.01M (#3101)
- Supply
- 19.52M / 21.00M
- Tags
- Ethereum Ecosystem
- Description
-
XELS Overview
XELS Overview
XELS is a blockchain-based platform designed to facilitate the transparent and secure offsetting of carbon footprints by corporations and individuals. The platform enables the purchase of tokenized carbon offset credits, providing an eco-conscious solution for reducing carbon emissions.
One of the primary objectives of XELS is to address the issue of fraud that has plagued traditional carbon markets, such as the sale of fake or expired credits. The use of blockchain technology ensures that transactions are secure, transparent, and irreversible, eliminating the possibility of fraud and double spending.
Initially, XELS will be launched as an ERC20 token. However, the company plans to migrate to a proprietary, low-energy blockchain called XELS Chain. This hybrid proof-of-stake and proof-of-work blockchain is designed to reduce energy consumption significantly, making it a more environmentally friendly option.
The XELS token serves as a platform token, allowing users to access a future suite of stablecoins pegged to various industry-standard voluntary carbon offset credits. This platform aims to provide a secure, transparent, and eco-friendly solution for the carbon offset market.
Key Features
- Tokenized Carbon Offset Credits: XELS enables the purchase and retirement of tokenized carbon offset credits, providing a secure and transparent way to offset carbon emissions.
- Blockchain Technology: The platform utilizes blockchain technology to ensure secure, irreversible, and transparent transactions, eliminating fraud and double spending.
- Low-Energy Blockchain: XELS Chain, a proprietary blockchain, aims to reduce energy consumption significantly, making it a more environmentally friendly option compared to traditional blockchains.
- Multi-Purpose Token: The XELS token serves as a platform token, allowing users to access a future suite of stablecoins pegged to various carbon offset credits.
Platform Objective
XELS aims to provide a secure, transparent, and eco-friendly platform for corporations and individuals to offset their carbon footprint, promoting a commitment to reducing carbon emissions and combating global warming.
Price | |
52W High price | $1.47 |
52W High date | 27th Oct 2023 (11 months ago) |
All Time High (ATH) Date | 14th Dec 2021 (2 years ago) |
ATH Price | $13.95 |
% From ATH | -98.97% |
All Time Low (ATL) Date | 16th May 2024 (4 months ago) |
ATL Price | $0.13 |
% From ATL | 13.58% |
Supply & Trading Volume | |
Trading Volume (24h) | $45,814.00 |
Total Supply | 21.00M |
Max Supply | 21.00M |
Circulating Supply | 19.52M |
XELS
How does XELS's (XELS) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-33.3%
XELS
1.3%
Similar Market Cap
60 Day Return
-63.9%
XELS
-14.3%
Similar Market Cap
1 Year Return
-63.7%
XELS
-60.9%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
Reddit Subscribers | |
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Active Reddit Users (past 24h) | |
Discord users | 648 |
Active Discord Users | 22 |
Telegram Users | 3,126 |
Twitter followers | 4,652 |
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ambcrypto.com/xels-positions-nft-based-platform-as-future-of-corporate-climate-action-disc...
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://xels.io/ |
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Explorer | https://etherscan.io/token/0xe748269494e76c1cec3f6... |
@xels_pr |
What is the correct contract address for XELS?
Ethereum | 0x397deb686c72384fad502a81f4d7fdb89e1f1280 |
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Has XELS been audited for security?
No security audits found for this project.
Are you the owner of XELS? Edit it here
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