What problem does this service solve?

eXPerience Chain aims to drive cryptocurrency adoption by changing the way stake rewards are distributed and calculated.PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network.

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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).

PLATINCOIN is a Proof-of-Stake coin that is minted instead of mined. Users participate in managing the network by renting hardware space from the project organizers for a period of 36 months. These computing resources will drive the PoS consensus, and the users that rent the hardware will be rewarded with newly minted PLC coins.

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