"REX" can refer to several entities in the world of digital currencies and technologies, making the search for "Rex coin" sometimes inaccurate. Here are the main details that appear about "REX" in the context of digital currencies:
1. REX (REVOX - BNB Chain):
* Type: A decentralized digital currency operating on the Binance Smart Chain (BNB Chain).
* Goal: Designed to serve as an integrated savings account that mimics certificates of deposit (CDs) on the blockchain, aiming to provide high returns and flexibility.
* Usage: Used in the REX NFT ecosystem, in their metaverse "REX World Metaverse", and in the decentralized application/Tokenized Renewable Energy Credit Marketplace.
* Unique feature: Some sources claim that REX NFTs are real renewable energy credits, where each NFT represents 1000 kilowatt-hours of renewable energy, thus purchasing a REX NFT contributes to funding green energy generation.
* Availability: REX tokens can be traded on both centralized and decentralized exchanges.
2. REX (AI Meme Project):
* Type: An AI meme project created by an AI bot named "Navir".
* Goal: The project aims to hold $REX tokens and use the proceeds from liquidity pool fees to purchase graphics processing units (GPUs) and computing resources on io.net.
* Mechanism: Navir sells SOL currency daily, burns $REX fees, and buys GPU balances.
* Availability: These REX tokens can be traded on decentralized exchanges.
3. Other coins that may carry the name "REX"
or "Rex":
It should be noted that the name "REX" or "Rex" may appear in other contexts, such as:
* Old or historical coins: Such as the inscriptions on old British coins (like "GEORGIVS II REX" referring to King George II).