XUMCOIN launches in the Philippines
XUMCOIN, the first cryptocurrency that dared to launch in the Philippines, with its tight regulatory environment, was presented before a huge audience of entrepreneurs at the Cove Area in Okada Manila last June 23, 2021.
The difference is that with XUMCOIN, this cryptocurrency tries to limit itself to markets that have sufficient knowledge and understanding of blockchain and cryptographic tokens, smart contracts, storage mechanisms (like digital or token wallets), blockchain-based software systems and blockchain or distributed ledger technology.
Actress-beauty queen Ruffa Gutierrez and model-actor Xian Lim hosted the grand event with top ace guest performers Pop Superstar Angeline Quinto, singer-comedian Mitoy Yonting, actress-singer Cristina Paner, and multi awarded cost shadow group, El Gamma Penumbra.
Undoubtedly, the Philippines is one of the world’s fastest adopters of cryptocurrency.
It is borne of the fact that only a few of them are in circulation, hence those possessing them can sell or buy their coin stocks at the prices prevailing at the time of transaction, which are usually done online only.
Anyone who wants to patronize and support XUMCOIN are advised to make their independent assessment on the merits, the benefits and risks involved before considering to acquire one and to bear the risks thereof, including loss of all amounts paid, their suitability for acquiring any XUMCOIN and should consult their accounting, legal and tax representatives and advisers to evaluate the economic, legal and tax consequences of acquiring XUMCOIN.
XUMCOIN is a utility and service-oriented digital currency powered by its own blockchain.
XUMCOIN will have a primary use as a gas fee or transaction fee for the whole eco-system of Xumchain. Given the speed and the volume of 200 transactions every 5 seconds per block and a cheaper gas fee of 50 XUMCOIN (approx. $0.50 at its current value) to execute any transaction, or a premium fee for faster transfer and verification will surely make the demand higher.
The chairman of Xumchain Technologies LLC embarked on XUMCOIN with perseverance, passion, dedication, and faith—the true mark of a great leader. He had a discipline of honesty that brought forth trust that bind his people to follow his directions.
His vision was to make the people’s life easier by creating a sustainable ecosystem that will help them elevate their lives, capture their dreams, and inspire one another like how the chairman of Xumchain Technologies LLC pursued his dream to help humanity.
His mission was to equip people with the right knowledge on how to take advantage of technology by exploring its usability for the future. To do this, he had to provide a series of digital, service-orientated platforms and infrastructure to empower local, regional and international communities to engage with, learn and benefit from blockchain technologies.
XUMCOIN will be primarily used as the currency of the wider ecosystem. It will be used to pay the utility and services being offered in the platform.
With total pre-mined supply of 55 million Xumcoins, an initial of 10million Xumcoins will be circulated for the first year at a value of $0.01 (USD) that is expected to incrementally increase considering he initial limited supply, an expanding ecosystem, acceptability, and demand.
XUMCOIN will only be available from all authorized XUM token affiliates and partners