XPR Network History

What does XPR Network do?

The XPR Network (CRYPTO:XPR) is a layer one proof-of-stake blockchain that uses WebAssembly (WASM) smart contracts to enable high-performant, scalable, and sustainable computation. Developers can leverage XPR Network to easily and securely build tokens, NFTs, exchanges, lending markets, and much more. The XPR Network is powered by a network of validators who stake their XPR tokens to secure the network and process transactions. The XPR Network uses a consensus mechanism called Delegated Proof-of-Stake (DPoS), which is designed to be energy-efficient and scalable. The XPR Network backs several essential projects. These include the XPR Wallet, a secure non-custodial wallet for efficient management of XPR tokens, the XPR Explorer, offering insight into XPR transactions and blocks. The XPR Faucet facilitates the acquisition of free XPR tokens. Additionally, the XPR Bridge ensures seamless asset transfers between the XPR Network and other blockchains, while the XPR DEX serves as a decentralized exchange for trading XPR tokens and various assets. The XPR Lending Market is a platform for borrowing and lending XPR tokens and other assets, enhancing the versatility of the network. The objective of the XPR Network is to make blockchain technology more accessible and user-friendly, while also providing a scalable and sustainable platform for developers to build decentralized applications (dApps). The XPR Network is committed to fostering a vibrant and innovative ecosystem, and it is working to build partnerships with other blockchain projects and businesses.

Documentation

Company Snapshot

Employees

11-50

Market Cap

$95.09M

Year Founded

2020

What does XPR Network specialise in?

/AMM /Collectibles & NFTs /Decentralized Exchange (DEX) Token /DeFi /DEX /Ethereum Ecosystem /Governance /Wallet

What are the products and/or services of XPR Network?

Overview of XPR Network offerings

Decentralized applications (dApps): XPR Network supports a wide variety of dApps, including games, social media platforms, and financial applications. DApps on XPR Network are more secure and transparent than traditional centralized applications.

Decentralized exchanges (DEXes): XPR Network supports DEXes, which are peer-to-peer exchanges that allow users to trade digital assets without the need for a central intermediary. DEXes are more secure and transparent than traditional centralized exchanges.

Lending and borrowing platforms: XPR Network supports lending and borrowing platforms, which allow users to lend and borrow digital assets at interest. These platforms can be used to generate passive income or to access capital without having to sell their assets.

Payments: XPR Network can be used to make payments to merchants and individuals who accept XPR tokens. XPR payments are fast, secure, and low-cost.

Smart contracts: XPR Network supports smart contracts, which are self-executing contracts that are stored on the blockchain. Smart contracts can be used to automate a wide variety of tasks, such as managing financial transactions, executing legal agreements, and distributing rewards.

Tokenization: XPR Network allows users to create and manage their own digital tokens. These tokens can be used for a variety of purposes, such as representing ownership of assets, rewarding users for their participation in a network, or facilitating payments.

XPR Network

What does XPR Network do?