| CREATION DATE: | January, 2019 |
| DEVELOPMENT STAGE: | Public App Roll out underway |
| CURRENT SUPPLY: | 5,329,029 |
| TOTAL SUPPLY: | 10,000,000 |
| ALGORITHM: | ERC–20 / BEP–20 |
| PROOF TYPE: | N/A |
| TARGET SPACING: | N/A |
Curate Token (XCUR) is a reward-based cryptographic token created for utility purposes and distributed on the Curate marketplace app as a primary reward token. With the original total supply of 10M tokens, 15% of it was burnt in 2020, and each subsequent year the company is planning to burn 10% until only 5M XCUR remains.
As a utility token based on the ERC-20 algorithm, Curate Token can be used for purchases, payments, trading, and other use cases on the Curate marketplace app and outside the Curate ecosystem. Holders of the token will also get rewards, as the company states.
According to Curate’s token distribution chart, the majority of XCUR is distributed between holders (5.2M) and TrustSwap (1.3M), while the rest is shared among the Curate team, marketing, partnerships and integrations.
“We are excited to have been listed as a payment option on one of the oldest and widely accepted payment gateways, CoinPayments, to provide our users with 70 000+ more Merchants to spend their XCUR at” – Moe Carrim, CFO.
Curate Token is now available to our merchants via CoinPayments integration, so you can accept, store and receive XCUR.
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