There are over an astounding 20,000 tokens in the crypto market today, and that number is still growing. This rise in number, despite the decentralized system, came with a need for regulation led to the creation of the ERC20 Standard for tokens, stablecoins which peg the value of tokens against the US Dollar, and even the possibility of further regulations and laws around the currency to make it more accepted around the world.
All these processes are gearing the world of fintech up so that businesses can make maximum use of cryptocurrency and its potential, making it more than just another currency that enables transactions. Exeno is inspiring the market by showing off what they can do with their newest exeno coin (EXN), here’s how.
Keeping true to its vision of empowering the world of crypto, exeno ensures a true multi-chain experience right from the beginning by enabling its technology to be blockchain agnostic. Basically, this means that when you decide to transact on the platform, purchasing electronics, accessories, clothes, even pet food – you don’t have to face the hassle of setting up a new wallet each time you want to pay with a different currency of your choosing.
Basically, you will be able to buy and spend exeno coin the way you want. Furthermore, the exeno team will be introducing their own bridge solution to enable seamless conversion of the exeno coin from one blockchain version to another. This paves the way for an efficient purchase journey, regardless of the cryptocurrency you may have already invested in or are a fan of.
By doing this, more crypto investors around the world can access its platform and transact accordingly, which speaks volumes to how cross-country trading could eventually change.
Reward Programs Made Accessible
Everyone loves to earn money, especially when you don’t have to work for it! Probably one of the most interesting innovations by exeno is the Stake Back program, which seeks to enable a cashback system, but within crypto-commerce. In other words, after making a purchase that’s eligible for Stake Back, and waiting until the order fully goes through, the user receives the amount plus stake earned. Along with learning why they received more than expected, the happy customers will then be offered the option to keep the EXN within the staking pool, possibly using it for future transactions, or watching it grow. This innovation helps all users connect with what they’re already familiar with, while also discovering new returns on their cryptocurrency.
Affiliate and Influencer Programs
By having their own coin, exeno is able to launch referral, affiliate and influencer programs by paying their partners in EXN-based commissions, allowing them to fully monitor their own performance and experience results in real-time!
The exeno Ambassador Program calls for 5 main pillars: content creators, moderators, translators, product reviewers, and fund-raisers. It’s all set to launch this year (the Ambassador Programme has already launched, and the affiliate program is just about to), so if this is just a starter, imagine how much more is in store for the near future! This initiative seeks to create a community, further uniting crypto enthusiasts around the globe.
Diversifying into an NFT Marketplace
By transacting through the EXN, creators and users will be able to list, sell, trade and purchase work on an NFT marketplace within the platform. This feature will definitely be one to look out for, and will remain exclusive for users of the exeno coin.
Through just one type of cryptocurrency, access to NFTs – which could be digital art, music NFTs, and even event passes, becomes so much easier.
So, by using the case study of just one brand and its coin, we can see how the world of cryptocurrencies and their uses can be so much more than just purchases and P2P transactions.
Clearly, the potential of crypto and its tokens is barely unlocked, and there’s so much more in store – but if crypto commerce leaders like exeno are paving the way for others to follow suit, us users are in for a fintech revolution.
On a side note – the EXN is now in its pre-sale stage, find out more details here!
Disclaimer: This is a paid post and should not be treated as news/advice.