What is XEN

1. Project Introduction
On August 13, 2022, founder Jack Levin introduced the FairCrypto Foundation concept on X, unveiling the XEN project whitepaper. XEN aims to serve as a universal cryptocurrency focused on decentralization, transparency, censorship resistance, peer-to-peer value exchange, and ownership, aligning with the initial mission of blockchain technology.
Summary: Following its 2022 launch, $XEN quickly rose to the top of Ethereum’s gas consumption list and, within days, reached over a million minting addresses. The project has since expanded with multiple ecosystem projects and multi-chain support, enabling XEN minting on over ten chains.
2. Team & Investment Info
Team:
Jack Levin: Founder, former Google backend architect, and founder of Imageshack.com, Vmpx.io, and solxen.io.
3. Social Media URLs
X: https://x.com/XEN_Crypto
Telegram: https://t.me/XENCryptoTalk
Discord: https://discord.com/invite/rcAhrKWJb6
YouTube: https://m.youtube.com/channel/UCiw5nyHHt9BPHvoRbcGNehA/playlists
4. Token Info
Token Symbol: XEN
Total Supply: No maximum cap
Token Type: ERC-20
Issuance/Burn Mechanism: Initial inflation followed by deflationary model
Contract Address: https://etherscan.io/token/0x06450dEe7FD2Fb8E39061434BAbCFC05599a6Fb8
Token Distribution:
No initial supply; 100% is minted by users.
5. Related Links
Official Website: https://xen.network/
Lite Paper: https://faircrypto.org/xencryptolp.pdf
Other Info: https://www.rootdata.com/Projects/detail/XEN?k=NDMyMg%3D%3D