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Exploring XPLA: The Core Blockchain Hub for Digital Media Content

June 6, 2024
Altcoins
6 min

XPLA is revolutionizing the digital content landscape with its powerful Layer 1 blockchain, becoming a central hub for everything from Web3 games to NFT marketplaces and the metaverse. Rooted in the ethos of "Explore & Play," XPLA integrates a sustainable ecosystem, robust native SDKs, and middleware that support a developer-friendly environment. This collaborative blockchain brings together experts in technology, security, and content, aiming to create a thriving and sustainable gaming ecosystem founded on the principle of "Play to Own," ensuring gamers' efforts and ownership are preserved and valued. Dive into XPLA’s mission and discover how it’s poised to become the global blockchain nexus for digital content.

The XPLA Ecosystem: A Comprehensive Overview

XPLA is a Layer 1 blockchain that serves as a hub for digital media content. It encompasses a wide range of digital content, including Web3 games, blockchain gaming platforms, NFT marketplaces, and the metaverse, with the intent of "Explore & Play." With a leading blockchain infrastructure empowered by a sustainable ecosystem, native SDK, and diverse middleware that fosters a developer-friendly environment, XPLA takes a leap as the core global blockchain hub.

Collaborative Blockchain

XPLA is a collaborative blockchain where partners with expertise in technology, security, and content come together to contribute their exceptional skills. Central to its mission is the creation of a sustainable blockchain gaming ecosystem, anchored by the 'Play to Own' principle. This ethos ensures that the ownership and efforts of gamers are respected and valued.

Technical Infrastructure

XPLA Mainnet utilizes the Cosmos SDK and expands consistently through interoperability with various chains based on Cosmos IBC. It has established an environment that supports COSMWASM and EVM for active interaction with other ecosystems and is compatible with smart contracts coded in Solidity through EVM compatibility.

Diverse Ecosystem

Within the XPLA mainnet, a vibrant ecosystem of diverse genres of games and DApps is continuously maturing. Having recently onboarded top-notch IPs such as The Walking Dead: All-Stars, Summoners War: Chronicles, and MiniGame Party, including the first cross-chain game, Idle Ninja Online, XPLA is not merely progressing but propelling ahead as a pivotal, content-driven blockchain, exhibiting an impressive spectrum of services.

Tokenomics and Market Data

Coin Statistics

  • Current Price: $0.2535
  • Market Cap: $124,314,971.55
  • 24h Price Change: 8.09%
  • 7d Price Change: 0.42%
  • 30d Price Change: 14.64%
  • 24h High: $0.2608
  • 24h Low: $0.2185
  • All-Time High: $1.4039 (2023-03-16T00:38:00.000Z)
  • All-Time Low: $0.1379 (2023-09-22T01:22:00.000Z)
  • Circulating Supply: 490,364,012.85
  • Total Supply: 1,999,999,800.00

Token Distribution

The XPLA crypto token has a total token supply of 2 billion tokens. The distribution of these tokens is as follows:

  • Ecosystem (43%): This supply will be distributed to expand the ecosystem through partnership or investment (directly or indirectly) with DeFi projects, protocols, marketplaces, and dApps, or to maintain XPLA. This distribution can be used to strengthen the stability and security of the main network.
  • Community (3%): This supply will be distributed in order to revitalize communities and create market autonomy, which are the main components of the mainnet ecosystem.
  • Genesis Collaborators (15%): This supply will be distributed to partners who contributed to the initial creation of XPLA.
  • Sponsors (15%): This supply for backers will be distributed in order to build the ecosystem in the initial stage of the platform and will be provided to the initial investor partners to form and stabilize the initial ecosystem.
  • Marketing (3%): This offer for Marketing will be used for marketing activities for the initial growth of the platform.
  • Team (15%): This supply for the Equipment will be distributed to developers from various fields as necessary for the initial development of the platform, developers who participated in the development and operation of the market economy, and other parties who have directly or indirectly participated in the establishment of the platform.
  • Validation Settlement (3%): This Validation Settlement supply will be provided to stabilize the validators involved in the operation of XPLA nodes.

Purpose and Utility of the XPLA Token

The XPLA crypto token is the native currency of the XPLA blockchain, a platform designed to bridge the gap between Web2 and Web3 gaming and entertainment industries. The XPLA token serves multiple purposes and utilities within the XPLA ecosystem, addressing various needs and problems in the blockchain gaming and entertainment space.

Governance

XPLA token holders can participate in the governance of the XPLA ecosystem, proposing and voting on proposals that shape the platform's future development and direction.

Staking and Validation

XPLA token holders can stake their tokens to become validators or delegate their tokens to other validators to secure the network and earn rewards in the form of transaction fees and new tokens. This mechanism incentivizes active participation and ensures the network's security and stability.

Transaction Fees

XPLA tokens are used to pay for transaction fees on the XPLA blockchain, including creating wallets, making queries, and submitting transactions.

Developer Support

XPLA provides technical support and SDKs for Web2 games transitioning to Web3, enabling developers to leverage the XPLA infrastructure and services for their games.

User Onboarding

XPLA aims to onboard Web2 users to Web3 by creating an infrastructure that simplifies the conversion between fiat and crypto, making it easier for users to use their tokens within the ecosystem.

Interoperability

XPLA supports interoperability with other blockchains through IBC (inter-blockchain communication) and provides developers with a secure environment using the COSMOS SDK. This compatibility allows for cross-chain immersive gaming experiences and smart contract execution.

Unique Features and Benefits

Interoperability and Cross-Chain Compatibility

One unique feature of XPLA is its focus on interoperability and cross-chain compatibility. Through the use of IBC (inter-blockchain communication) and the Cosmos SDK, XPLA aims to provide developers with a secure environment for building decentralized applications (dApps) that can easily connect with other blockchains, particularly those based on the Ethereum Virtual Machine (EVM). This compatibility allows for cross-chain immersive gaming experiences and the deployment of Ethereum-based smart contracts on Cosmos-based blockchains.

Play-to-Own Model

XPLA prioritizes interoperability to support its Play-to-Own (P2O) model, which involves the earning and consumption of off-chain goods through actual gameplay. On-chain assets earned through gameplay hold true value only if they can freely traverse across various mainnets. For the genuine ownership of on-chain assets to be realized, blockchain interoperability is essential.

Focus on Gaming and Entertainment

Another unique feature of XPLA is its focus on

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XPLA is revolutionizing the digital content landscape with its powerful Layer 1 blockchain, becoming a central hub for everything from Web3 games to NFT marketplaces and the metaverse. Rooted in the ethos of "Explore & Play," XPLA integrates a sustainable ecosystem, robust native SDKs, and middleware that support a developer-friendly environment. This collaborative blockchain brings together experts in technology, security, and content, aiming to create a thriving and sustainable gaming ecosystem founded on the principle of "Play to Own," ensuring gamers' efforts and ownership are preserved and valued. Dive into XPLA’s mission and discover how it’s poised to become the global blockchain nexus for digital content.

The XPLA Ecosystem: A Comprehensive Overview

XPLA is a Layer 1 blockchain that serves as a hub for digital media content. It encompasses a wide range of digital content, including Web3 games, blockchain gaming platforms, NFT marketplaces, and the metaverse, with the intent of "Explore & Play." With a leading blockchain infrastructure empowered by a sustainable ecosystem, native SDK, and diverse middleware that fosters a developer-friendly environment, XPLA takes a leap as the core global blockchain hub.

Collaborative Blockchain

XPLA is a collaborative blockchain where partners with expertise in technology, security, and content come together to contribute their exceptional skills. Central to its mission is the creation of a sustainable blockchain gaming ecosystem, anchored by the 'Play to Own' principle. This ethos ensures that the ownership and efforts of gamers are respected and valued.

Technical Infrastructure

XPLA Mainnet utilizes the Cosmos SDK and expands consistently through interoperability with various chains based on Cosmos IBC. It has established an environment that supports COSMWASM and EVM for active interaction with other ecosystems and is compatible with smart contracts coded in Solidity through EVM compatibility.

Diverse Ecosystem

Within the XPLA mainnet, a vibrant ecosystem of diverse genres of games and DApps is continuously maturing. Having recently onboarded top-notch IPs such as The Walking Dead: All-Stars, Summoners War: Chronicles, and MiniGame Party, including the first cross-chain game, Idle Ninja Online, XPLA is not merely progressing but propelling ahead as a pivotal, content-driven blockchain, exhibiting an impressive spectrum of services.

Tokenomics and Market Data

Coin Statistics

  • Current Price: $0.2535
  • Market Cap: $124,314,971.55
  • 24h Price Change: 8.09%
  • 7d Price Change: 0.42%
  • 30d Price Change: 14.64%
  • 24h High: $0.2608
  • 24h Low: $0.2185
  • All-Time High: $1.4039 (2023-03-16T00:38:00.000Z)
  • All-Time Low: $0.1379 (2023-09-22T01:22:00.000Z)
  • Circulating Supply: 490,364,012.85
  • Total Supply: 1,999,999,800.00

Token Distribution

The XPLA crypto token has a total token supply of 2 billion tokens. The distribution of these tokens is as follows:

  • Ecosystem (43%): This supply will be distributed to expand the ecosystem through partnership or investment (directly or indirectly) with DeFi projects, protocols, marketplaces, and dApps, or to maintain XPLA. This distribution can be used to strengthen the stability and security of the main network.
  • Community (3%): This supply will be distributed in order to revitalize communities and create market autonomy, which are the main components of the mainnet ecosystem.
  • Genesis Collaborators (15%): This supply will be distributed to partners who contributed to the initial creation of XPLA.
  • Sponsors (15%): This supply for backers will be distributed in order to build the ecosystem in the initial stage of the platform and will be provided to the initial investor partners to form and stabilize the initial ecosystem.
  • Marketing (3%): This offer for Marketing will be used for marketing activities for the initial growth of the platform.
  • Team (15%): This supply for the Equipment will be distributed to developers from various fields as necessary for the initial development of the platform, developers who participated in the development and operation of the market economy, and other parties who have directly or indirectly participated in the establishment of the platform.
  • Validation Settlement (3%): This Validation Settlement supply will be provided to stabilize the validators involved in the operation of XPLA nodes.

Purpose and Utility of the XPLA Token

The XPLA crypto token is the native currency of the XPLA blockchain, a platform designed to bridge the gap between Web2 and Web3 gaming and entertainment industries. The XPLA token serves multiple purposes and utilities within the XPLA ecosystem, addressing various needs and problems in the blockchain gaming and entertainment space.

Governance

XPLA token holders can participate in the governance of the XPLA ecosystem, proposing and voting on proposals that shape the platform's future development and direction.

Staking and Validation

XPLA token holders can stake their tokens to become validators or delegate their tokens to other validators to secure the network and earn rewards in the form of transaction fees and new tokens. This mechanism incentivizes active participation and ensures the network's security and stability.

Transaction Fees

XPLA tokens are used to pay for transaction fees on the XPLA blockchain, including creating wallets, making queries, and submitting transactions.

Developer Support

XPLA provides technical support and SDKs for Web2 games transitioning to Web3, enabling developers to leverage the XPLA infrastructure and services for their games.

User Onboarding

XPLA aims to onboard Web2 users to Web3 by creating an infrastructure that simplifies the conversion between fiat and crypto, making it easier for users to use their tokens within the ecosystem.

Interoperability

XPLA supports interoperability with other blockchains through IBC (inter-blockchain communication) and provides developers with a secure environment using the COSMOS SDK. This compatibility allows for cross-chain immersive gaming experiences and smart contract execution.

Unique Features and Benefits

Interoperability and Cross-Chain Compatibility

One unique feature of XPLA is its focus on interoperability and cross-chain compatibility. Through the use of IBC (inter-blockchain communication) and the Cosmos SDK, XPLA aims to provide developers with a secure environment for building decentralized applications (dApps) that can easily connect with other blockchains, particularly those based on the Ethereum Virtual Machine (EVM). This compatibility allows for cross-chain immersive gaming experiences and the deployment of Ethereum-based smart contracts on Cosmos-based blockchains.

Play-to-Own Model

XPLA prioritizes interoperability to support its Play-to-Own (P2O) model, which involves the earning and consumption of off-chain goods through actual gameplay. On-chain assets earned through gameplay hold true value only if they can freely traverse across various mainnets. For the genuine ownership of on-chain assets to be realized, blockchain interoperability is essential.

Focus on Gaming and Entertainment

Another unique feature of XPLA is its focus on

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