What Is Xcavator International (XCA)?
Xcavator International (XCA) tokens have a limited supply of 51 million tokens. There will not be any lock-in period—token will be tradable immediately after the purchase. All the revenue from the tokens sold through ICO or through Crypto Exchanges will be used to expand the mining farms and revenue will be generated through mining the most profitable cryptocurrencies. From the mining revenue, around 50% will be used to buy tokens from the market through various crypto exchanges at the prevailing market prices and they will be burned with proof of burn.
Balance 50% of the mining revenue will be used for the expansion of crypto mining farms which will generate additional mining hashing power, which in the future will further increase profits. Since 50% of the mining will be used to buy tokens from the market through various crypto exchanges at the prevailing market prices and the tokens will be burned, the total supply of token will keep decreasing and the demand along with the hashing power per token will keep increasing.
Hence, the price of Xcavator International Coin token will gradually keep increasing even if there is no price pumping by external factors or investors. The token subscribers will be gaining from the long-term appreciation of the token value due to burning and this process will continue forever while additional mining capacity will be added every month. With majority tokens, when people or traders lose interest the tokens die away as the trading volume & price goes down.
Coin Basic | Information |
---|---|
Coin Name | Xcavator International |
Short Name | XCA |
Max Supply | 51,000,000 |
Circulating Supply | 7,650,000.00 XCA |
Source Code | Click Here To View Source Code |
Explorers | Click Here To View Explorers |
Twitter Page | Click Here To Visit Twitter Group |
Whitepaper | Click Here To View |
Support | 24/7 |
Official Project Website | Click Here To Visit Project Website |
Xcavator | A Crypto Utility Token
XCAVATOR aims to introduce people from various spheres of life to the exciting and enchanting world of cryptocurrency. For people, who hear about others making money with cryptocurrency, but are never able to find the right platform, for them XCAVATOR is the solution.
Experience
Xcavator team has extensive experience in professional cryptocurrency mining and has been operating a network of miners across the globe since 2017. We have developed unique tools and algorithms to effectively mine the cryptocurrency in electricity efficient manner yielding higher returns.
Mission
They are on a mission to educate and become part of the professional miners’ community earning an extra return over household mining. The tools will increase the hashing power for such users and they can effectively scale their operations.
Why Xcavator
They have a proven track record of innovation, rapid action, progress, and growth. They will be setting up crypto mining farms across the globe and generating hashing power to mine cryptocurrencies. The mined cryptocurrencies will be used to scale up our mining operations and buy back tokens from the market for burning.
Xcavator Coin is laying the foundation for the future of professional crypto mining by designing highly efficient & low-maintenance cutting-edge technology mining infrastructure.
Features
Mining
The majority of funds from the Xcavator ICO will be used to buy the mining rigs. The team will be mining Proof of Work/ Proof of Stake cryptocurrencies.
Expansion
Half of the profits collected from the mining operations will be used to further expand the operations. These expansions will result in long-term growth appreciation for the token holders.
Buy Back
Half of the profits collected from the mining operations will be used to buy back the Xcavator tokens from the market. These buybacks will reduce the supply available in the market and will directly increase the token prices for the token holders.
Conclusion
They concept is unique and innovative as in there is no other token or cryptocurrency currently in the world to bring cryptocurrency mining to the masses in small units. Additionally, This is the first token to have an in-built price appreciation mechanism with a forever increasing permanent source of revenue (through crypto mining) that will purchase tickets from the market at prevailing rates and burn them. Thus, continuously appreciate the price of tokens even without support from external factors.
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