Xbit Coin has been designed in order to create a revolution in the online gaming world. It can even be considered as a visionary digital currency. The reason is that Xbit is not just a technological wonder, but also a financial wonder.
The reason is that behind Xbit, there is a financial establishment and institute to give power to this coin to rise higher. This financial institute is the online Casino Xbit. This coin has been designed for online gaming in general, but specifically to be used in Casino Xbit.
Therefore, the Xbit Coin is considered as representative shares for the Xbit Casino. We’ll take a look at this more in the next section.
Advantages and Benefits
As was mentioned above, this coin is accepted by the online casino Xbit. So, users who buy this coin can also use them to play thousands of different games in the casino.
In this sense, Casino Xbit is eve unique in the world of gambling and online casinos. Since, the coins that are used to play games in the casino are also considered representative shares of the casino, and will continue to increase in value as more people purchase this coin to play in the casino.
So, the casino creates more and more wealth and this will make this coin more and more strong. In addition, this coin will be listed on many exchanges, making it even more credible.
There is also the possibility to stake Xbit Coins.
With the help of this feature, all the owners of Xbit coins will be able to stake them. In the process of staking, the staked coins are frozen and transferrable. In return, users will receive an annual interest of 5 percent.
This allows gamers and all the users to benefit even more with the help of Xbit cryptocurrency.
So, as you can see there are many ways in which this coin can benefit the owners. Not only will it get more powerful as a result of the casino; an established financial institution; but there are other way, such as staking the coin, which would have annual interest for users.
Xbit Coin, also known with its exclusive code XBT, has been developed based on SHA-256 algorithm. This algorithm is one of the most popular in the crypto world, with other cryptocurrencies having implemented it, including Bitcoin and other digital currencies.
Xbit Coin has its own independently run and operated Blockchain network. This is not the case for all cryptocurrencies. Many cryptos are developed and run based on other Blockchain networks. But, obviously, having an independent Blockchain network will have enormous advantages for the users.
Xbit Coin has a total cap of 1 billion (1,000,000,000) coins. All of these coins have already been mined and ready for use.
The one billion coins are distributed in the following way: 400 million coins are provided to early investors who established the casino and the development team. 400 million coins are offered to ordinary buyers. The rest of the 200 million coins are provided to the business operators.
The Outlook of Online Gaming
Blockchain technology is making its way into every aspect of life and technology. Online gaming will be no exception. With that vision in mind, Xbit project has stepped forward in order to offer a Blockchain-based gaming experience to all users.
Almost every aspect is powered by Blockchain. First, there is the cryptocurrency itself, Xbit Coin, which as mentioned above has indeed been designed specifically for online gaming.
Then there is the Xbit Casino itself. A variety of cryptocurrencies, including the Xbit Coin, are accepted in this online casino.
But, perhaps the most important point about this coin is that its wealth creation basis is casino. This casino is where the wealth is created. And in a way this wealth is divided among the owners. Because this wealth creation will increase the value of the coin. And that is the real power of Xbit coin.