XELS
XELS
-0.01%
$ 0.05723568
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
- -XELS$ 0.05723568$ 649,923$ 132,0820 XELS-0.01%
XELS. Price of cryptocurrency: $ 0.05723568
XELS has developed a new platform for minting carbon credits as non-fungible token, or NFTs. The XELS platform and carbon credit are used. NFTs are one-of-a-kind digital assets that serve as proof of ownership. The XELS platform will benefit from the company's existing technology, which uses cutting-edge satellite imagery and artificial intelligence to map out and quantify the actual amount of carbon being mitigated by protected lands in Japan and Australia. The ability to create an infinite amount of digital carbon credit NFTs in a single transaction is one of the most powerful features of the XELS platform. There are people in this picture This is huge for the NFT community and takes creation to the next level. Decentralized applications can now track ownership of a lot of NFTs. Creating carbon credits is a great use case for minting NFTs, which are secure and can't be duplicated. There are people in this picture Mint custom NFTs are Stake XELS. Users of the platform can simply deposit one XELS token per 10 tons of carbon in order to mint a custom carbon offset NFT equal to the amount of carbon they wish to sequester. The basis of the XELS Platfrom's consensus mechanism will be formed after burning the offset-backed NFT. The future NFT marketplace. XELS will offer a platform for minting carbon offset NFTs, but also introduce a marketplace where users can sell and trade them based on their individual needs.