XELS Logo

XELS XELS

XELS header image

1. Summary

Ranks

Liquidity
73
Developer
-
Social
58
Momentum (beta)
23
Stack Rankā„¢
-
Price
$0.15 +2.4%
Market Cap
$2.93M (#2066)
Supply
19.52M / 21.00M
Price
52W High price $1.47
52W High date 27th Oct 2023 (8 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 (2 months ago)
ATL Price $0.13
% From ATL 13.58%
Supply & Trading Volume
Trading Volume (24h) $147,308.00
Total Supply 21.00M
Max Supply 21.00M
Circulating Supply 19.52M
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.

2. Price

XELS

2.1. Market Performance

How does XELS's (XELS) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-33.3%

XELS

-1.8%

Similar Market Cap

60 Day Return

-63.9%

XELS

-27.7%

Similar Market Cap

1 Year Return

-63.7%

XELS

-12.3%

Similar Market Cap

3. Developer Activity

No GitHub repos found. Either the project is not open source or we don't have data yet.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users 647
Active Discord Users 21
Telegram Users 3,126
Twitter followers 4,652
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://xels.io/
Explorer https://etherscan.io/token/0xe748269494e76c1cec3f6...
Twitter @xels_pr

What is the correct contract address for XELS?

Ethereum 0x397deb686c72384fad502a81f4d7fdb89e1f1280

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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