Why Is Experience Points Valued at $400 Million?
cryptocurrency·@leader1971·
0.000 HBDWhy Is Experience Points Valued at $400 Million?
https://i.imgur.com/5IkuBKo.jpg >Anyone who took a look at Experience Points (XP) over the summer is undoubtedly wondering how the project grew from a tiny US$350,000 market cap to over 1,000 times that. XP is currently trading at about 1/5 of a penny, and sits at rank #61 on CoinMarketCap.com. Experience Points, that initial launched in 2016 and was relaunched this past summer, is harking back to coins launched in 2014 and 2015. Compared to those coins, the sole real distinctions XP provides square measure its mining rule, distribution rates, and total provide. XP will give a noteworthy approach to Proof-of-Stake, giving little holders a better PoS rate than giant balances. Beyond that, XP doesn’t extremely supply something. There are a number of initiatives by community members: a regulator, a game, and a store. the shop permits users to buy XP gift cards from places like Steam. However, the XP prices of those cards square measure, a minimum of presently, terribly inflated. A $20 Steam gift card prices thirty six,000 XP, that is $72. The game, that pays players in XP, barely works. it's a straightforward match’em game, wherever players allegedly earn a lot of XP for attaining higher scores. However, items typically fail to fall once matches square measure completed, making AN unplayable board full of holes. it should be doable to earn multiple XP, however the sport breaks therefore quickly that earning quite one XP per play is not possible. What’s a lot of, the sport mines Monero victimisation coinhive whereas you play. In the end, you're truly paying to play a broken game. as luck would have it, the tap will seem to figure. you'll use it to receive 5 to fifty XP each eight hours. https://i.imgur.com/dQophA2.png >Pieces often fail to fall, causing many empty spaces and an unplayable board. While the XP team claims that a plugin can before long exist to permit game developers to implement XP, no current developments are disclosed. within the initial bring up announcement, {there were|there are} variety of milestones on the road map that ought to have been completed already. That thread has since been barred, and a replacement bring up announcement thread was created, with later dates listed. With zero substance behind the project, it’s illogical to assume that this coin’s growth has been natural in any means. The coin is primarily listed on Coinexchange.io, that has designed a name as a playground for market manipulators. The exchange has created it clear it doesn’t mind bots shaping volume or manipulating costs. as a result of this, expertise Points could be a robust candidate for an enormous pump and dump. https://i.imgur.com/ceMerpq.gif