Projects listed: 276 |
BTC Dominance: 49.11% | Volume (24h): $32,770,673,789 | Market Cap: $2,449,351,917,700
XPLA
XPLA
$0.10
Sector
Layer 1
Exchange Debut
2022-10-21
Market Cap
61,227,677
Maxim Supply
∞
Circulating Supply
590,781,673
Circ. Supply(%)
∞
XPLA
XPLA
Price
$0.10
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
102096
0.10635646209
0.099490343233
Change 24h
Change 7d
Change 30d
3.199
0.3244
-35.0945
Maxim supply
Circulating supply
Circulating supply(%)
∞
590,781,673
∞
The opinion of artificial intelligence (AI), based on the fundamental analysis of the XPLA cryptocurrency:
XPLA is an innovative open-source blockchain project designed to host a diverse array of decentralized applications (dApps) and to offer advanced developer tools. It leverages the robust Byzantine fault-tolerant (BFT) consensus via Tendermint and is known for its resistance against double-spend attacks. Through IBC and COSMOS SDK, XPLA can easily integrate with other blockchains, making it an attractive proposition for developers. Offering features like the Proof-of-Stake consensus, Ethereum Virtual Machine (EVM) Compatibility, C2X SDK for game developers, and XPLA wallet, it enables immersive experiences in Defi and Play to Own (P2O) gaming. The XPLA blockchain’s native staking token is XPLA, used for governance and staking. The comprehensive fundamental analysis of the cryptocurrency XPLA provided a final score of 6.51 out of 10, indicating its potential in the market.
SOCIAL & MASS MEDIA: Score 5.7 out of 10
While the project has shown impressive ability to attract followers on social media, scoring a perfect 10 out of 10, other aspects need improvement. The activities of social media administrators (5/10), community activity on social media pages (4/10), and presence in the media (5/10) require more effort. The size of communities on chat groups (7/10) shows some promise, though.
AUDIT & SECURITY: Score 7.8 out of 10
The fundamental analysis of the cryptocurrency XPLA reveals solid foundations in terms of audit and security. Its transparency of information available to the public (6/10) and liquidity on Exchange (4/10) could use enhancement. However, the high score (9/10) in terms of audit results indicates a significant level of confidence in its underlying security structure.
TOKENOMICS: Score 3.65 out of 10
The tokenomics of XPLA has room for growth. The project is somewhat inflationary with a score of 2/10, and the centralization of the monetary mass (4/10) needs attention. These areas should be focused on to improve the overall health of the token economy.
ECOSYSTEM DEVELOPMENT: Score 7.52 out of 10
The fundamental analysis of the cryptocurrency XPLA indicates that the ecosystem is well-rounded. Achievement of objectives (6.8/10) and plans to bring new developments to the project (6.8/10) show promise. Continued focus on these areas will likely lead to further ecosystem growth and development.
TEAM & DEVELOPERS: Score 7.4 out of 10
The experience of the XPLA team is quite impressive (8.5/10), but the number of software developers (3/10) seems limited. Expanding the development team could help accelerate project progress and deliverables.
PRODUCT & UTILITY: Score 6.8 out of 10
XPLA’s product utility is notable (7/10), and the tokens show reasonable utility within the ecosystem (6.5/10). Further enhancement and utility diversification could potentially improve this score.
PARTNERS & INVESTORS: Score 7.25 out of 10
Partnerships and investments play a key role in project success. The quality of XPLA partners is impressive (9.5/10), but the number and capacity of investors (5/10) could use improvement.
Fundamental analysis of the XPLA cryptocurrency – The final conclusion
Given the scores obtained from the fundamental analysis of the cryptocurrency XPLA, this project displays a mixed landscape of opportunities and challenges. It boasts a robust technical foundation with its Byzantine fault-tolerant (BFT) consensus, Ethereum Virtual Machine (EVM) Compatibility, and successful integration with other blockchains via IBC and COSMOS SDK. Its capacity to attract social media followers is commendable, and the quality of its partners is exceptionally high. Moreover, the expertise within the team brings a solid background to the table, aiding the project’s growth and development.
However, there are areas that need attention. The tokenomics score suggests that issues around inflation and centralization of the monetary mass need to be addressed. The community engagement on social media and overall media presence can be improved for better visibility and outreach. Additionally, the limited number of software developers may hinder the project’s pace and scope, and could be addressed by expanding the team.
From a risk perspective, potential investors should consider the current state of the token economy, liquidity on exchanges, and the transparency of information available to the public. Improvement in these areas will significantly enhance the investment attractiveness of XPLA.
Despite these challenges, the overall project holds potential, as evidenced by the above-average total score. With careful planning and strategic improvements, XPLA could offer an exciting investment opportunity in the realm of decentralized applications and blockchain solutions.
The fundamental analysis of the cryptocurrency XPLA is an important step in understanding its potential in the ever-evolving crypto landscape. By paying attention to the above-mentioned areas and maintaining its current strengths, XPLA could become a prominent player in the world of blockchain technology. It’s definitely a project worth keeping an eye on for prospective investors and blockchain enthusiasts alike.
Fundamental Analysis of XPLA Cryptocurrency and Its Underlying Blockchain Technology
Aiming to resolve industry-wide challenges, XPLA chain sets out to be the gold standard for sustainable, innovative blockchain-based applications. It has a particular emphasis on the sectors of gaming, content, and entertainment, signaling an evolving industry direction.
XPLA Chain
XPLA Chain aims to be a comprehensive blockchain platform for media content, serving as a unifying mainnet for various forms of media such as films, music, art, and gaming. This blockchain digital media platform envisions itself as a cultural hub, a home to diverse media content. The XPLA Chain ecosystem is uniquely structured to reveal all service operations and decisions of decentralized applications, thus enabling user ownership and promoting a cycle of benefits for all users and creators. This creates an environment that exemplifies stability, fairness, and transparency, which are essential pillars in advancing digital media content.
Being open-source
Being open-source, XPLA provides an energetic environment for decentralized applications (dApps) and premium developer tools. It’s based on Tendermint, a renowned blockchain engine known for its Byzantine fault-tolerant (BFT) consensus, ensuring resistance against double-spend attacks and tolerating up to 1/3 faults. It utilizes proof-of-stake consensus, Ethereum Virtual Machine (EVM) compatibility, a dedicated software kit for game developers (C2X SDK), and the XPLA wallet. This combination of features paves the way for DeFi, Play to Own (P2O) gaming experiences, and promotes the transition of Web 2 users to the Web 3 space.
Finally, the native staking token of this blockchain is XPLA, employed for governance and staking. It carries the mantle of the blockchain’s name, representing a fundamental part of this thriving digital ecosystem. This comprehensive analysis of the XPLA Cryptocurrency and its underlying blockchain technology reveals its potential to disrupt the status quo and reshape the digital content landscape.
Where Can You Buy XPLA – XPLA?
XPLA can be purchased on cryptocurrency exchanges such as Gate.io and Bithumb.
All you need to do is create a free account on any of these exchanges and start trading.
- Latest analysis update: June 17, 2023
XPLA - XPLA performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
