The XET (Xfinite Entertainment Token) is the native currency of the Xfinite ecosystem. Xfinite revolutionizes digital media by bringing forth innovative user experiences, effective engagement models, and inclusive ecosystem economics for the benet of the community.
Consumer-centric experience Data-driven engagement Transparent and rewarding Economics A blockchain-based solution to shape the future of digital entertainment in a trusted environment has just released a token- XE, the token functions as a unique value exchange and governance mechanism for all stakeholders including users, brands, content creators, and advertisers.
The future of XET is a decentralized, transparent digital currency. To find out more about this topic, read on!
How is XET Different from Other Digital Currencies?
XET is a token on the ALGORAND Blockchain, which provides additional benefits to the token. Algorand is cost-effective at scale and therefore perfect for microtransactions, cost being less than 0.001 USD. Algorand has minimal computation requirements, making it extremely environmentally friendly which makes it energy efficient, Transactions are immediately finalized, even faster than for large payment and financial networks supporting instant payments. Algorand removes the technical barriers of blockchain, solving the security, scalability, and decentralization trilemma making the token transparent.
What Makes XET Unique and Valuable?
XET is a product of the Xfinite ecosystem, Xfinite is the only brand to bridge the gap between entertainment and cryptocurrency. Xfinite provides Free Access to premium content for anyone, anywhere, anytime. Now the consumers can get the experience of Netflix and get paid in the form of digital
currency.
The Future of XET: A Transparent Digital Currency
A new digital currency called XET is being developed to be a transparent, decentralized, and distributed monetary system. XET plays an important role in the new type of consumer engagement model imagined by Xfinite, which benefits everyone from users to content producers to brands and influencers interacting on a single platform. The platform works on the Watch, Earn and Redeem model. Xfinite does this through its product- Mzaalo. A free site where we get free movies and series.
The benefit of XET is that it can be used for micro-transactions and has the potential to help billions of people around the globe. The key takeaway from this blog is that blockchain technology will be changing the way we do business forever. New imagination of marketplaces and a more close-knit digital ecosystem.