0xcert price is $0.00002664
The current price of 0xcert (ZXC) is $ 0.00002664. The price has increased in the last 24 hours.
0xcert is an open-source, permission-less protocol optimized for certifying the authenticity of unique digital assets built on blockchain technology. Using this protocol, these unique tokens, called Xcerts - derivatives of standard non-fungible tokens, can be created and stored. Each Xcert carries information about a real-world digital asset, thus providing proof of its existence and authenticity without third-party involvement.
The protocol also uses its native token - ZXC, an ERC20 token built on the Ethereum blockchain, to incentivize and support the development of decentralized applications (DApps) within its ecosystem.
The team behind 0xcert hasn't been explicitly mentioned, but it is made up of a group of blockchain enthusiasts and experts who are devoted to bringing transparency to the digital asset world, leveraging blockchain technology. They believe that through their open-source, permission-less protocol, they can provide a legitimate proof of existence and ownership of digital assets without third-party interference.
0xcert works by providing a framework where authentic, non-fungible tokens (Xcerts) can be created from unique digital assets. These Xcerts are then stored in cryptographic wallets and owned by users, providing them with verifiable proof of existence, authenticity, and ownership of their assets.
The protocol also utilizes ZXC, an ERC20 token, to incentivize and support the development of DApps within the ecosystem. This, along with its open-source nature, ensures interoperability among DApps and supports a variety of business models.
One unique feature is that 0xcert provides a platform where certified non-fungible tokens can be created from unique digital assets and exist without third-party involvement. This protocol has a fungible token ZXC, which supports the ecosystem and complies with the ERC20 standard on the Ethereum blockchain.
Also, 0xcert protocol provides a common registry of verified issuers on the network, quickening the verification process and minimizing business risk. Its flexible and pluggable infrastructure minimizes the time spent building DApps, making it a convenient and efficient tool for developers.
Currently, there is a circulating supply of 413.8M ZXC tokens.
0xcert (ZXC) can be purchased on the following exchanges: IDEX, AEX, Bitforex, Hotbit.
While the creators of 0xcert have designed their protocol to be as secure as possible, it's important to remember that engaging in cryptocurrency involves risk. Therefore, while the protocol is built in such a way to minimize risk, users should be cautious and only invest what they are willing to lose. Cryptocurrency investments should never be seen as a guaranteed way to make money. Always do your research before investing.
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