Sexcoin

What Is Sexcoin (SXC)? Complete Guide Review About Sexcoin.

What Is Sexcoin (SXC)?

Sexcoin is the first industry specific cryptocurrency targeting the Adult Entertainment Industry. SXC being developed as a drop in replacement for current payment processing system. With Sexcoin you can avoid the unfair fees and discrimination faced when dealing with tradition models and institutions. They are here for you. Sexcoin is the decentralized reserve currency protocol available on the Fantom Network based on the SCR token.

Each SCR token is backed by a basket of assets (e.g., MIM, SCR-FTM LP Tokens etc) in the Secure DAO treasury, giving it an intrinsic value that it cannot fall below. Sexcoin also introduces economic and game-theoretic dynamics into the market through staking and minting. Dollar-pegged stable coins have become an essential part of crypto due to their lack of volatility as compared to tokens such as Bitcoin and Ether.

Sexcoin Storage Key Points

Coin BasicInformation
Coin NameSexcoin
Short NameSXC
Circulating SupplyN/A
Total SupplyN/A
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

No Chargebacks

After confirmation, all transactions are final. This removes the problems of charge backs, which are the bane of many in the adult industry. Both client and merchant/provider can enjoy COMPLETE privacy, with no personally identifiable information required to send/receive payments. Unlike PayPal which charges 2.9% + $0.30 per paid request to receive money from customers. Sexcoin has NEAR ZERO FEES to receive and only .001 Sxc to send payments.

Community Driven

The Sexcoin team is committed to working with merchants and service providers to help achieve their goals. It is a quick an easy way to add micro transactions to you services. SXC is ANONYMOUS, secure, has no charge backs and most importantly has NEAR ZERO FEES for receiving payments. SXC has a block time target of 60 seconds with 6 confirmations required. This means that transactions can be verified rapidly which is ideal for applications in adult industries.

Compared To Bitcoin

Bitcoin has shown the world the future of currency, so why use SXC? Sexcoin is solely targeted towards the adult sector, as such it can offer a more customized experience for its users. Monicabb/Coingrl has provided a number of the SXC promotion images and some of the images for the site. She is also involved in public relations for Sexcoin.

How can I benefit from Sexcoin?

The main benefit for stakers comes from supply growth. The protocol mints new SCR tokens from the treasury, the majority of which are distributed to the stakers. Sexcoin Thus, the gain for stakers will come from their auto-compounding balances, though price exposure remains an important consideration. That is, if the increase in token balance outpaces the potential drop in price (due to inflation), stakers would make a profit.

How do I participate in Sexcoin?

There are two main strategies for market participants: staking and minting. Stakers stake their SCR tokens in return for more SCR tokens, while minters provide LP tokens or MIM tokens in exchange for discounted SCR tokens after a fixed vesting period. SXC is a fork of Wonderland on the Fan tom Opera Network. Your team is mostly anonymous, born from the DeFi Community.

Why is PCV important?

Sexcoin As the protocol controls the funds in its treasury, SCR can only be minted or burned by the protocol. This also guarantees that the protocol can always back 1 SCR with 1 MIM. You can easily define the risk of your investment because you can be confident that the protocol will indefinitely buy SCR below 1 MIM with the treasury assets until no one is left to sell.