XELS current market price is $0.543 with a 24 hour trading volume of $163.13K. The total available supply of XELS is 13.31M XELS with a maximum supply of 21.00M XELS. It has secured Rank 1319 in the cryptocurrency market with a marketcap of $7,238.99K. The XELS price is -2.38% down in the last 24 hours.
The lowest price of the XELS is $0.542 & the highest price is $0.560 in the last 24 hours. Live XELS prices from all markets and XELS coin market Capitalization. Stay up to date with the latest XELS price movements. Check our coin stats data and see when there is an opportunity to buy or sell XELS at best price in the market.
$0.542 / $0.560
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XELS is an eco-conscious blockchain platform enabling corporations and individuals alike the ability to easily and transparently offset their carbon footprint by purchasing tokenized carbon offset credits.Since the birth of carbon offset markets in the wake of the Kyoto and Paris agreements, fraud has been a serious problem. Bad actors have been known to sell fake or expired carbon credits, and credit “recycling” fraud can lead to double spending of unretired carbon credits (see here for an example of one of the biggest fraud cases to hit carbon credits, which even ensnared Deutsche Bank. Blockchain’s distributed ledger technology is the perfect use case for carbon credits, as it cannot be changed, reversed, or double spent. Digital assets can also be “burned,” along with a transaction hash that proves the associated credit has been retired forever. We’re initially launching the eponymous XELS token as a “platform token” to access a future suite of stable tokens pegged 1:1 to various industry-standard voluntary carbon offset credits – think of those as being the “USDT” of carbon credits.