xHashtag is a Web3 protocol that focuses on providing on-chain credentials for the Future of Work. This protocol enables users to curate their reputation on the blockchain, earning Web3 credentials that function in the emerging landscape of work and collaboration.
Brands and organizations can leverage xHashtag's reputation credentials to assemble skilled liquid teams for various projects dynamically. This approach enhances the flexibility and efficiency of workforce collaboration.
The xHashtag protocol utilizes a system of reputation badges called "Soultags." These Soultags are skill and reputation badges minted as non-transferable, soulbound tokens. Through these badges, users can showcase their expertise and capabilities, contributing to the creation of a liquid talent pool accessible for different tasks and projects.
Moreover, xHashtag introduces the concept of "SoulDrops," an automated loyalty program. This program converts loyal users into brand advocates by offering incentives through these Soultags.
One of the key features of xHashtag is its support for liquid stake tokens called "#hashtag tokens." These tokens can be utilized as collateral and provide additional rewards for participating in community micro-tasks.
The XTAG token serves as a utility token within the xHashtag platform, a DAO (Decentralized Autonomous Organization) designed for the future of work and community engagement in the Web3 ecosystem. The $XTAG token has real-world use cases that contribute to the platform's functionality and governance.
xHashtag is now integrating with Bitcoin chain and launching a modular Bitcoin Layer2 that leverages inscriptions and allows users to create, execute and monetize Social AI Agents.
xHashtag is a Play-to-Earn Decentralized Autonomous Organization (DAO) built on the Solana blockchain. Here’s an overview of how it works:
xHashtag functions as a DAO that enables individuals to earn while engaging in tasks and activities related to the future of work. The platform connects users with Web3 projects that require specific tasks to be completed, offering participants an opportunity to earn rewards for their contributions.
xHashtag introduces the concept of "Liquid Micro Teams," which allows users worldwide to participate in a wide range of on-chain and off-chain activities. These activities are typically set by campaign creators, often representing Web3 projects. Users can contribute their skills and efforts to these tasks and earn rewards.
Users can earn rewards by completing both on-chain and off-chain microtasks. These tasks include content creation, community engagement, marketing efforts, and more. By participating in these tasks, users contribute to the growth and development of Web3 projects while being compensated for their contributions.
xHashtag introduces the "#hashtag tokens,” liquid stake tokens. Users can engage in liquid staking of project tokens, which helps secure the network and offers the potential for additional rewards. These tokens can also be used as collateral while participating in community micro-tasks, providing users with other opportunities to earn.
Each #hashtag token is associated with an exclusive Discord community and a virtual reality (VR) room. These virtual spaces are accessible only to #hashtag token holders, fostering a sense of community and engagement among participants.
xHashtag (XTAG) was founded by Monica Durga, the Founder and Head of Technology. Monica Durga has over four years of experience in the crypto industry and was previously involved in projects like Router Protocol and Dfyn.network. The team also includes other experienced professionals from various fields, including technology, business, marketing, and content creation.
xHashtag (XTAG) kick-started its operations in mid-2021. The roadmap includes various milestones and initiatives, such as integrating with BNB Chain, launching SBT standard on Solana, multi-chain aggregation of SBTs, and introducing.SOUL domain names and DNS resolver, and integrating with Layer-2 networks.
The xHashtag project also has plans to aggregate SBTs from third-party issuers, support gasless transactions on Layer-2 chains, integrate web2 reputation, fractionalize NFTs, and release a gamified interface for P2E opportunities.
Period | Change | Change (%) |
---|---|---|
Today | $0.00257 | 10.51% |
7 Days | $0.00042 | 1.58% |
30 Days | $0.00668 | 32.84% |
3 Months | $0.01016 | 60.26% |
The xHashtag (XTAG) tokenomics involves a total supply of 100 million tokens. This limited supply supports various functions within the xHashtag ecosystem, including governance, task prioritization, and community incentives. The XTAG token distribution is structured as follows:
> Private/Pre-sale: 16.04% of the total supply, amounting to 16,042,328 tokens.
> Public Sale: 1.20% of the total supply, which is 1,200,000 tokens.
> Seed: 5.185%
> Liquidity: 3%
> Marketing: 10%
> Team: 10%
> Strategic Partners: 10%
> Advisors: 5%
> Foundation: 10%
> Community Rewards: 35%
The xHashtag (XTAG) platform offers several advantages:
1. Earn While Contributing: You can earn cryptocurrency by participating in various on-chain, off-chain, and creative tasks. This allows you to gain financial rewards while contributing to different Web3 projects.
2. Community Building: xHashtag helps Web3 projects grow their communities by engaging users in tasks that support the project's development and exposure. This community-driven approach is essential for the sustained success of any project.
3. Web3 Credentials: As a user, you can build your reputation within the Web3 space through xHashtag's system of on-chain credentials. This reputation can be crucial for your future opportunities in the Web3 ecosystem.
4. Soultag and .SOUL Domains: xHashtag uses Soultags for user recognition and rewards, enhancing transparency and reliability in user contributions. Additionally,SOUL domains consolidate your digital credentials in one accessible and tradeable profile.
While we cannot provide a reliable XTAG price prediction over any timeframe, you could monitor the following factors to gain insight into the price action and volatility in the xHashtag crypto:
1. Crypto Market Sentiment and Trading Volume: How the broader crypto market feels can significantly impact the XTAG price. If investors are optimistic and trading actively, you might see price increases.
2. Future Developments in the xHashtag Roadmap: Any new updates, enhancements, or milestones the xHashtag project achieves can attract investor attention and affect the XTAG token price.
3. xHashtag Community Growth and Engagement: As the xHashtag community expands and becomes more active, especially on social platforms, this increased engagement can positively influence the xHashtag price.
4. XTAG Tokenomics and Supply Dynamics: Factors like the total supply of XTAG, how many tokens are in circulation, and any changes in these numbers can directly impact the $XTAG price.
5. Level of Adoption and Utility of xHashtag Platform: The more use cases and adoption XTAG has within and outside the xHashtag platform, the more likely its value will increase due to demand.
6. External Economic Factors: General economic conditions, regulations related to cryptocurrency, and changes in blockchain technology can also influence the XTAG crypto price.
Here’s how you can stake XTAG on the xHashtag Mainnet:
1. Fund your wallet by buying XTAG on KuCoin and withdrawing your tokens to your crypto wallet.
2. Visit the xHashtag Mainnet App.
3. Connect your MetaMask or WalletConnect wallet to the xHashtag dApp by clicking the Connect Wallet button on the header.
4. Navigate to the Vaults section within the xHashtag dApp. Choose the XTAG vault that fits your preference and click on "Approve." Confirm the transaction in your MetaMask popup.
5. Select the amount of XTAG tokens you want to stake (within the vault's limits) and press the "Approve" button. Confirm the transaction in the pop-up that appears to complete the liquid staking process. You will not experience impermanent loss with this single asset staking.
6. After successfully staking, you will receive an equivalent amount of sXTAG (Staked XTAG), a yield-bearing liquid stake token.
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