Hello friends

I have conducted a detailed review about SXt Coin and I am sharing my brief notes with you:

About the Project:

SXt Coin is a project that develops a decentralized data sharing and privacy-focused communication infrastructure. Its aim is to enable secure data exchange in the Web3 world. It aims to protect individual privacy while also providing scalable solutions for institutions.

Technical Features:

•Consensus Mechanism: Delegated Proof of Stake (DPoS)

•Staking: Staking can be done with SXt token and participation in the governance of the network can be provided.

•Network Structure: Offers fast transaction confirmation and low transaction fees.

Token Distribution:

•Total Supply: 500 million SXt

•Circulating Supply: 12%

•Vesting Program: Team and early investor tokens are subject to certain lock-up programs.

Use Cases:

•Web3 based messaging applications

•Corporate data transfer solutions

•Transmission of confidential content on NFT and metaverse platforms

•Special communication infrastructures for DAOs

Community and Developer Activities:

•Github updates are available but not very active.

•The community is in a growth process.

•The whitepaper is up to date and the roadmap targets inter-chain integration by the end of 2025.

Conclusion:

SXt Coin is a project that aims to solve a niche problem and has potential. However, it is important to conduct your own research before making an investment decision. DYOR!

For more: spaceandtime.io