XRP Available Now On EliteX Exchange – 3000 XRP Airdrop
EliteX Exchange announced the listing of XRP. On this occasion, from 3rd to 9th of June, 3000 XRP will be distributed. The next projects that will be listed in June are probably Decred and IoTex.
On May 30th, EliteX Exchange announced the listing of this new coin, with the launch planned for 3rd June and promoted by an airdrop of 3000 XRP, that will last until 9th June. Rewards will be issued the next day after the end of the competition. The terms have been published in the official announcement here. Specifically, three types of rewards are available: Registration Reward (3 XRP per user); Retweeted Bonus (3 XRP per user); Trading Volume Ranking Reward (10 XRP per user).
XRP is a digital asset for payments built for enterprise use; it is a token used for representing the transfer of value across the Ripple Network. The main purpose of XRP is to be a mediator for other – both cryptocurrencies and fiat – exchanges. Indeed Ripple Labs, founded in 2012, enables real-time global transfer of money across a network of 100+ banks and payment providers. XRP is pre-mined, so every single unit of the currency that will ever exist has already been created at the beginning of the network (in total there are 100 billion XRP). Thus, no miners are needed or need to be incentivised to validate each transaction. Instead, a network of servers is established and developed to validate transactions across Ripple Network based on a consensus protocol.
According to Coinranking, XRP is listed on 107 exchanges and generates a trading volume equal to $2,11 billion in one day. The coin reached the all time high on 4th January 2018 ($3,84) but now is traded at $0,41. It is the third coin for market capitalization in the global list. (source: CoinMarketCap)
Decred is an autonomous digital currency. It has got a consensus voting model that supports stakeholders and it is based on a decentralized decision-making process and on self-funding. Its modular codebase offers an incredible adaptability and can scale to the various blockchain technologies. The project is community-powered, so stakeholders who contribute to Decred’s decision-making are rewarded for their contribution. This model allows anyone to join Decred at any time and have a role in its governance.
Decred has a market cap of $230 million and a 24h trading volume equals to $1,17 million on 21 exchanges (source: Coinranking). CoinMarketCap shows a peak of $139,9 on 25th April 2018 and a current value of $26,04.
IoTex is an open-source project that started in 2017. It aims to become the most important auto-scalable and privacy-centric blockchain platform for the Internet of Things (IoT). IoTex aims at becoming a decentralized reference point for the era of collaboration and data exchange among devices, applications and people. For this reason, its team has developed several technologies including the blockchain-in-blockchain architecture for heterogeneous computing, a fast and robust Roll-DPoS consensus scheme and an efficient trusted computing protocol.
The coin is exchanged at $0,01 and has a 24h trading volume of $850k; the market cap worths $13,56 million and IOTX is listed on only 9 exchanges. (source: Coinranking & CoinMarketCap)
These are just some of the news regarding the EliteX Exchange, as the team is working hard to release the version 1.0 of the Exchange, planned for July.