Xfinite Entertainment Token is not tradable on Coinbase.

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About Xfinite Entertainment Token

What is Xfinite? Xfinite is a decentralized entertainment ecosystem built on Algorand blockchain. The first dApp in our ecosystem - Mzaalo incentivizes content consumers for watching content. It is a gamified video on demand platform with over 12,000 movies and Live Tv, 1500 music tracks and much more... The dApp is currently available on iOS, android and web. To learn more about Mzaalo visit:

How is Xfinite disrupting the entertainment ecosystem? Through their decentralized network, Xfinite aims to bring mass adoption of Blockchain as a technology across the globe (mainly through non-native crypto users).

Xfinite’s watch to earn model will empower millions of users to have access to premium content at their disposal and earn crypto rewards. The blockchain enterprise already has partnered with 600+ loyalty partners across the globe to provide utility to its ecosystem participants.

Xfinite is also on the anvil of launching their NFT marketplace that will facilitate XET holders to buy or sell NFTs.

Who are Xfinite’s ecosystem enablers?

Xfinite is powered by Algorand and backed by participants like Borderless Capital, Algorand, Shima Capital, Ceras Ventures, Black Mamba and FBG Capital.

Xfinite also has established partnerships with esteemed organizations like Daimler, Josh, DailyHunt, and Eros Now.

How is the XET token dispersed in the ecosystem?

25% of XET tokens

This will open up avenues for potential investors to become representatives of the token itself.

28.75% of XET tokens - Rewards Utility

A pool of 28.75% of XET tokens are segmented to incentivize XET ecosystem participants for contributing to the platform.

10% of XET reserves for the team

For longer sustainability of the project and to keep the team consciously invested, 10% of XET will be reserved for the team members as an incentive for their contribution towards the project.

10% of XET for Strategic Partners

Xfinite’s ecosystem has some ‘reach enablers’ who contribute to the development of the project. Partnerships play a pivotal role in the XET landscape. To reward them for their efforts, 10% of XET tokens are kept in reserves.

11.25% of XET for XSPO - Xfinite Staking Pool Offering We aim to launch our XET staking pool (XSPO) for XET token holders to earn yields by staking their tokens into the pool for a defined period.

Where is XET listed?

Xfinite Entertainment Token, $XET is listed on Bitmart and MEXC.

Who are the people behind Xfinite Entertainment Token?

The core team of Xfinite Entertainment Token boast of a cumulative experience of 25+ years. The team has been associated with Goldman Sachs, Viacom, Discovery, Sentinel and Autonomy. The blockchain team at Xfinite has a long- standing association with Algorand’s blockchain technology.

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£0.0001213

Trading Insights

Market Stats

Market Cap

£485.37K

1.72%

FDV

£485.37K

Circ. Supply

4B XET

Max Supply

4B XET

Total Supply

4B XET

Diluted Valuation

£485.37K

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

£1.29

621.9%

Volume (7D)

Not enough data

Volume (30D)

Not enough data

All time high

£0.0001223

Price Change (1Y)

Not enough data

6.59%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Additional details

Recent trends

The current price is £0.0001213 per XET with a 24-hour trading volume of £1.29. Currently, Xfinite Entertainment Token is valued at 0.81% below its all time high of £0.0001223. This all-time high was the highest price paid for Xfinite Entertainment Token since its launch.

The current circulating supply of Xfinite Entertainment Token is 4,000,000,000 XET which means that Xfinite Entertainment Token has as total market cap of £485,365.15.

Market details

XET vs markets

↗ 56.78%

XET vs BTC

↗ 73.64%

XET vs ETH

↗ 72.75%

Tags

0

Network & Addresses

Network
Address

Algorand

283820866

Price history

Time
Price
Change
Today
£0.0001213
-0.47%
1 Day
£0.0001228
-0.47%
1 Week
£0.0001223
+0.04%
1 Month
£0.0001323
-7.67%
1 Year
£0.0001306
-6.59%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

FAQ

Xfinity Entertainment is a decentralized entertainment ecosystem. The project claims to create a next-gen media platform via innovation in economics, content ownership, and data management ensuring transparency. According to its litepaper, the project aims to revolutionize digital media streaming and bring innovation to the customer experience. The project provides a blockchain-based solution to shape the future of digital entertainment in a trusted environment.

Its litepaper claims that the project is consumer-centric, providing a seamless and interactive user experience. The project also claims to provide rewarding economics where every user benefits from the project’s success. Further, the project claims to have partnered with more than twenty-five content providers and more than six hundred reward providers to provide quality and rewards to its users.

The project launched an online streaming decentralized app (DApp) called Mzaalo. The application is both available on android and IOS. Users can watch premium content without any fee and have an option to watch localized content. Further, users can earn a reward by watching and engaging with the app. The more a user engages, the more they earn the reward. Such reward can then be redeemed digitally or via physical merchandise or experiences. The Xfinity entertainment is built on the Algorand blockchain, which uses proof of stake consensus protocol. Algorand blockchain is claimed to be a cost-effective blockchain that has a rate of thousand transactions per second.

The native token of the project is denoted by XET. XET is a utility token. Users of the platform get rewarded with the XET token for their engagement with content on the platform and application. Influencers and brands use XET tokens to purchase advertisement space on the platform and application. Users can also stake their XET tokens to create non-fungible tokens (NFT) for their fans.

The streaming platform was launched in the second quarter of 2020. The XET token was launched in 2021. The founding team behind the project includes Swaneet Singh (CEO), Vikram Tanna (COO), Santosh Yellajosula (CECO), and Parag Arora (CSO). The total supply of XET tokens is four billion.

We update our Xfinite Entertainment Token to GBP currency in real-time. Get the live price of Xfinite Entertainment Token on Coinbase.

The current market cap of Xfinite Entertainment Token is £485.365K. A high market cap implies that the asset is highly valued by the market.

The all-time high of Xfinite Entertainment Token is £0.0001223. This all-time high is highest price paid for Xfinite Entertainment Token since it was launched.

Over the last 24 hours, the trading volume of Xfinite Entertainment Token is £1.289.

Assets that have a similar market cap to Xfinite Entertainment Token include Vegas, Wrapped ETH (SKALE), ToDing Protocol, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Xfinite Entertainment Token is 4 billion.

Xfinite Entertainment Token calculator

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