What problem does this service solve?

eXPerience Chain aims to drive cryptocurrency adoption by changing the way stake rewards are distributed and calculated.GAS is used to pay for transactions on the NEO network.

Token Stats

Company Description

eXPerience Chain is a community focused cryptocurrency with a unique Proof of Stake consensus mechanism. The team behind the project is based in South Korea. Their consensus mechanism is called Age Burnable PoS (ABPoS).

GAS is the token that is used to pay for transaction fees on the NEO network. The NEO platform uses two different tokens; GAS are used to fuel the network and give holders the right to use the NEO blockchain. Similar to Ether on the Ethereum network. Although it's possible to buy GAS on some exchanges, NEO token holders automatically generate GAS as the blockchain increases in size. 8 GAS are distributed for every 100 million NEO in circulation.

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