XET is the native currency of the Xfinite ecosystem.
It acts as a unique value exchange and governance mechanism for all stakeholders including users, brands & influencers, and content creators.
The average cost per transaction is less than $0.001 and transactions are instant
Minimal computation requirements, making it environmentally friendly
Scalable – payments will remain cheap and instant even with the 200m+ users of Mzaalo
What is it?
Xfinite
Oh so Mzaalo is Xfinite's app?
Exactly
XET is the native currency of the Xfinite ecosystem.
It acts as a unique value exchange and governance mechanism for all stakeholders including users, brands & influencers, and content creators.
The XET token is built on Algorand
Hmm, why Algorand?
The average cost per transaction is less than $0.001 and transactions are instant
Minimal computation requirements, making it environmentally friendly
Scalable – payments will remain cheap and instant even with the 200m+ users of Mzaalo
That explains a lot, thanks
ur very welcome
ur very welcome