Eternal vs Digix vs Amp Token
What problem does this service solve?
Eternal is a remittance focused coin operating in Japan, Korea, Philippines, and Hong Kong. | Digix wants to create a digital token will less price volatility. By tokenizing gold on the Ethereum blockchain, they hope to create a digital asset with stable value. | The Amp Token is designed to enable more scalable collateralization options in the DeFi space. |
Token Stats
Company Description
Eternal is a Japanese cryptocurrency project that consists of Eternal Coin (XEC) and Eternal Token (XET). The project appears to be primarily focused on remittance payments, but can also be used as a medium of exchange for other purposes. XEC holders receive weekly dividend payments, and can only be traded through the company's authorized exchanges. XET was created to allow users to trade XEC on other crypto exchanges. 1 XET=10 XEC. | Digix is digital gold on the blockchain. By combining the historical stability of a valuable physical asset with the advantages of a distributed ledger, Digix allows users to benefit from the advantages of both commodities and digital tokens. | The Amp token is a digital collateral token that is specifically designed to enable the decentralized collateralization of digital asset transactions. It evolved from what was previously known as the Flexacoin network, and is meant to allow the token to better facilitate recent innovations related to borrowing and lending in the DeFi space. The Amp token's supply was created by burning the existing supply of Flexacoins, which were exchanged for the new token at a rate of 1:1. Amp will improve upon Flexacoin’s collateralization features with a new architecture that will allow for the implementation of additional on-chain supply operations and more collateral-related DeFi options. |