Universe.XYZ update: XYZ Live price, price chart, news and markets

What Is XYZCoin?

XYZCoin is a decentralized social media NFT marketplace that offers services such as auctions, minting, galleries, forums, and social media platforms. It aims to streamline community engagement with NFTs. The marketplace operates through the xyzDAO and is powered by the XYZ token.

Artists and collectors who hold the XYZ token can actively participate in the community and have access to comprehensive information about NFT collections. They can also build and engage with the community on the same platform they own a part of.

XYZCoin acts as the native governance token for the xyzDAO and the Universe Protocol.

It offers various functionalities, including: * Voting on xyzDAO proposals. * Staking in the xyzDAO to earn rewards in XYZCoin.

The Universe and xyzDAO tools encompass:

• Decentralized NFT Minting - Enables decentralized and custom ERC-721 minting contracts for individuals.
• NFT Auctions - Offers specialized and normal NFT auction houses with multiple auction types.
• NFT Social Media - Provides a decentralized NFT social media platform for community building and NFT-related posts.
• NFT Galleries - Allows users to create galleries and slideshows to showcase NFTs and collections in a curated manner.
• NFT Social Tools - Introduces social tools like wiki bases and knowledge bases with features such as likes for the NFT community.
• NFT Drops and More - xyzDAO creates innovative NFT drops, exploring use cases, games, metaverses, and other possibilities as the NFT space evolves.

How Many XYZCoin Tokens Are There in Circulation?

xyzDAO launched on June 6th, 2021, with an initial supply of 1 billion XYZCoin tokens. The DAO has the ability to issue additional supply each year to accommodate new users. To learn more about the XYZCoin token distribution,

Who Are the Founders of XYZCoin?

XYZCoin was co-founded by Troy, who is also a co-founder of , a fluctuations derivatives protocol for hedging yield sensitivity and market price. Troy is passionate about exploring the potential of blockchain for media and artists and has been actively involved in the crypto space for several years. Tyler Ward, another co-founder of BarnBridge, is also involved in XYZCoin. He is the founder of Proof Systems, a prominent marketing and UI/UX company in the digital assets industry. Milad Mostavi, the active CTO of BarnBridge, is also a co-founder of XYZCoin. His expertise as a seasoned software architect has contributed to the successful launch of various projects, including SingularDTV and Gnosis. Tim Kang, known as 'illestrater,' is a solo engineer who created Sevens Foundation and CUE Music. His technical and product vision has driven him to invest in Ethereum, Chainlink, and BarnBridge, and he has played a significant role in promoting NFTs within the mainstream spotlight.

Where Can I Buy XYZCoin Governance Tokens (XYZCoin)?

XYZCoin can be traded on several exchanges, with multiple cryptocurrency and pairs available.

As of July 2021, the largest pair (XYZCoin/USDC) is available on .

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