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Elevating Your Crypto Experience with Coinmetro Token (XCM)

June 28, 2024
Altcoins
6 min

Coinmetro, a comprehensive FinTech ecosystem, aims to simplify access to the digital asset economy. At the heart of this platform is Coinmetro Token (XCM), its native utility token. Designed to power the Coinmetro ecosystem, XCM offers users unparalleled opportunities to engage with the cryptocurrency world. Through staking, governance, and unique tokenomics, XCM transforms your crypto journey into a seamless experience. This article dives into the core features, market data, and potential utility of XCM, painting a full picture of why this token could be a game-changer in the digital asset realm. Read on to uncover the myriad ways XCM can enhance your crypto endeavors.

What is Coinmetro Token (XCM)?

Coinmetro describes itself as a fully-rounded FinTech ecosystem that was designed to simplify access to the digital asset economy. XCM is the native asset of the platform. The Coinmetro Token (XCM) is a utility token designed to power the Coinmetro ecosystem and provide various opportunities for users. The primary purpose of XCM is to serve as a key to a better crypto experience within the Coinmetro platform, enabling users to access exclusive features, participate in governance, and earn rewards.

XCM is an ERC-20 token, which means it is built on the Ethereum blockchain and leverages the Ethereum network's infrastructure for token creation and smart contract functionality. This allows XCM to be used in various ways within the Coinmetro ecosystem, such as staking, referrals, and unique tokenomics.

One of the main problems XCM aims to solve is the lack of a unified and user-friendly platform for accessing crypto and innovative financial products. By using XCM, users can access a wide range of services on the Coinmetro platform, including Spot and Margin trading, Staking opportunities, and other people-facing crypto products.

Additionally, XCM serves as a means of incentivizing user participation within the ecosystem. The token's unique tokenomics system, which includes burning a portion of collected exchange fees, creates a deflationary character for XCM, potentially increasing its value over time. This mechanism also encourages users to hold and utilize XCM, fostering an active and engaged community.

Token Market Data

Understanding the market data of XCM is crucial for potential investors and users. Here are some key statistics:

  • Current Price: $0.6566
  • Market Cap: $0.00
  • 24h Price Change: 0.02%
  • 7d Price Change: 0.91%
  • 30d Price Change: 1.57%
  • 24h High: $0.6566
  • 24h Low: $0.6563
  • All-Time High: $0.9247 (2022-02-16T09:30:00.000Z)
  • All-Time Low: $0.0152 (2020-03-09T13:21:08.000Z)
  • Circulating Supply: 0.00
  • Total Supply: 328,626,891.80

These figures provide a snapshot of XCM's performance and can help users make informed decisions about their investments.

Purpose and Utility of Coinmetro Token (XCM)

The Coinmetro Token (XCM) is designed to power the Coinmetro ecosystem, providing various opportunities such as staking, referrals, and unique tokenomics. XCM is an ERC-20 crypto asset that serves as the platform's native asset, offering users the ability to stake and earn rewards in XCM and other crypto assets through the Multi-Asset Rewards (MARs) system.

Staking and Rewards

One of the standout features of XCM is its staking mechanism. Users can stake their XCM tokens to earn rewards, which encourages active participation and helps maintain a healthy ecosystem. The MARs system allows loyal Coinmetro clients to buy and stake XCM, earning more XCM and accumulating a broad, curated portfolio of other crypto assets like ADA, FLUX, MATIC, ALGO, and more. The MARs system offers real-time rewards and portfolio diversification simultaneously.

Deflationary Tokenomics

The tokenomics of XCM are designed to create a deflationary character, with 100% of all exchange fees collected by Coinmetro used to market buy XCM from the order book at regular intervals. Half of the purchased XCM is then burned on-chain, reducing the total supply and potentially increasing the buy pressure, which could favor a higher price.

Governance

XCM also serves as a governance token within the Coinmetro ecosystem. Holders of the XCM token can participate in the decentralized governance of the Coinmetro protocol, influencing decisions about the platform's development and future direction. This feature empowers users to have a say in the platform's evolution, fostering a sense of community and shared responsibility.

Unique Features and Benefits

The Coinmetro Token (XCM) offers several unique features and benefits that set it apart from other tokens:

Multi-Asset Rewards (MARs) System

The MARs system is a unique feature that allows users to earn rewards in multiple crypto assets by staking XCM. This system not only provides a steady stream of XCM rewards but also helps users diversify their crypto portfolios with other valuable assets.

Deflationary Mechanism

The deflationary tokenomics of XCM are designed to reduce the total supply over time, potentially increasing the token's value. By burning a portion of the collected exchange fees, Coinmetro ensures that the supply of XCM decreases, creating a scarcity that can drive up demand and price.

Passive Income Opportunities

XCM serves as a gateway to an unrivaled passive income plan. By staking XCM on the MARs system, users can generate rewards in other lucrative crypto assets, fostering an active and engaged community. This feature makes XCM an attractive option for users looking to earn passive income through their crypto holdings.

Tokenomics and Distribution Model

The Coinmetro Token (XCM) has a well-thought-out tokenomics and distribution model designed to support long-term development and engagement. Here's a breakdown of the key aspects:

Total Supply

The total supply of XCM tokens is 1 billion, with no additional tokens to be generated beyond this predefined cap.

Initial Distribution

The initial token distribution is as follows:

  • 15.86% is allocated to Seed Sale
  • 12.63% is allocated to Founding Sale
  • 5.07% is allocated to Validator Sale
  • 1.84% is allocated to Strategic Sale
  • 1.60% is allocated to Public Auction Sale
  • 12.50% is allocated to Team
  • 12.50% is allocated to Foundation
  • 38.00% is allocated to Community Reserve

Vesting Periods and Lock-ups

To ensure long-term commitment from the team and advisors, specific vesting periods and lock-ups are in place:

  • Team: The team tokens are subject to a four-year vesting period, with a one-year cliff. This means that team members will start receiving their tokens after one year, with the remaining tokens vesting monthly over the next three years.
  • Foundation
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Coinmetro, a comprehensive FinTech ecosystem, aims to simplify access to the digital asset economy. At the heart of this platform is Coinmetro Token (XCM), its native utility token. Designed to power the Coinmetro ecosystem, XCM offers users unparalleled opportunities to engage with the cryptocurrency world. Through staking, governance, and unique tokenomics, XCM transforms your crypto journey into a seamless experience. This article dives into the core features, market data, and potential utility of XCM, painting a full picture of why this token could be a game-changer in the digital asset realm. Read on to uncover the myriad ways XCM can enhance your crypto endeavors.

What is Coinmetro Token (XCM)?

Coinmetro describes itself as a fully-rounded FinTech ecosystem that was designed to simplify access to the digital asset economy. XCM is the native asset of the platform. The Coinmetro Token (XCM) is a utility token designed to power the Coinmetro ecosystem and provide various opportunities for users. The primary purpose of XCM is to serve as a key to a better crypto experience within the Coinmetro platform, enabling users to access exclusive features, participate in governance, and earn rewards.

XCM is an ERC-20 token, which means it is built on the Ethereum blockchain and leverages the Ethereum network's infrastructure for token creation and smart contract functionality. This allows XCM to be used in various ways within the Coinmetro ecosystem, such as staking, referrals, and unique tokenomics.

One of the main problems XCM aims to solve is the lack of a unified and user-friendly platform for accessing crypto and innovative financial products. By using XCM, users can access a wide range of services on the Coinmetro platform, including Spot and Margin trading, Staking opportunities, and other people-facing crypto products.

Additionally, XCM serves as a means of incentivizing user participation within the ecosystem. The token's unique tokenomics system, which includes burning a portion of collected exchange fees, creates a deflationary character for XCM, potentially increasing its value over time. This mechanism also encourages users to hold and utilize XCM, fostering an active and engaged community.

Token Market Data

Understanding the market data of XCM is crucial for potential investors and users. Here are some key statistics:

  • Current Price: $0.6566
  • Market Cap: $0.00
  • 24h Price Change: 0.02%
  • 7d Price Change: 0.91%
  • 30d Price Change: 1.57%
  • 24h High: $0.6566
  • 24h Low: $0.6563
  • All-Time High: $0.9247 (2022-02-16T09:30:00.000Z)
  • All-Time Low: $0.0152 (2020-03-09T13:21:08.000Z)
  • Circulating Supply: 0.00
  • Total Supply: 328,626,891.80

These figures provide a snapshot of XCM's performance and can help users make informed decisions about their investments.

Purpose and Utility of Coinmetro Token (XCM)

The Coinmetro Token (XCM) is designed to power the Coinmetro ecosystem, providing various opportunities such as staking, referrals, and unique tokenomics. XCM is an ERC-20 crypto asset that serves as the platform's native asset, offering users the ability to stake and earn rewards in XCM and other crypto assets through the Multi-Asset Rewards (MARs) system.

Staking and Rewards

One of the standout features of XCM is its staking mechanism. Users can stake their XCM tokens to earn rewards, which encourages active participation and helps maintain a healthy ecosystem. The MARs system allows loyal Coinmetro clients to buy and stake XCM, earning more XCM and accumulating a broad, curated portfolio of other crypto assets like ADA, FLUX, MATIC, ALGO, and more. The MARs system offers real-time rewards and portfolio diversification simultaneously.

Deflationary Tokenomics

The tokenomics of XCM are designed to create a deflationary character, with 100% of all exchange fees collected by Coinmetro used to market buy XCM from the order book at regular intervals. Half of the purchased XCM is then burned on-chain, reducing the total supply and potentially increasing the buy pressure, which could favor a higher price.

Governance

XCM also serves as a governance token within the Coinmetro ecosystem. Holders of the XCM token can participate in the decentralized governance of the Coinmetro protocol, influencing decisions about the platform's development and future direction. This feature empowers users to have a say in the platform's evolution, fostering a sense of community and shared responsibility.

Unique Features and Benefits

The Coinmetro Token (XCM) offers several unique features and benefits that set it apart from other tokens:

Multi-Asset Rewards (MARs) System

The MARs system is a unique feature that allows users to earn rewards in multiple crypto assets by staking XCM. This system not only provides a steady stream of XCM rewards but also helps users diversify their crypto portfolios with other valuable assets.

Deflationary Mechanism

The deflationary tokenomics of XCM are designed to reduce the total supply over time, potentially increasing the token's value. By burning a portion of the collected exchange fees, Coinmetro ensures that the supply of XCM decreases, creating a scarcity that can drive up demand and price.

Passive Income Opportunities

XCM serves as a gateway to an unrivaled passive income plan. By staking XCM on the MARs system, users can generate rewards in other lucrative crypto assets, fostering an active and engaged community. This feature makes XCM an attractive option for users looking to earn passive income through their crypto holdings.

Tokenomics and Distribution Model

The Coinmetro Token (XCM) has a well-thought-out tokenomics and distribution model designed to support long-term development and engagement. Here's a breakdown of the key aspects:

Total Supply

The total supply of XCM tokens is 1 billion, with no additional tokens to be generated beyond this predefined cap.

Initial Distribution

The initial token distribution is as follows:

  • 15.86% is allocated to Seed Sale
  • 12.63% is allocated to Founding Sale
  • 5.07% is allocated to Validator Sale
  • 1.84% is allocated to Strategic Sale
  • 1.60% is allocated to Public Auction Sale
  • 12.50% is allocated to Team
  • 12.50% is allocated to Foundation
  • 38.00% is allocated to Community Reserve

Vesting Periods and Lock-ups

To ensure long-term commitment from the team and advisors, specific vesting periods and lock-ups are in place:

  • Team: The team tokens are subject to a four-year vesting period, with a one-year cliff. This means that team members will start receiving their tokens after one year, with the remaining tokens vesting monthly over the next three years.
  • Foundation
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