Herencia | revolutionary NFT project, Introducing HXAcoin Token, a new approach to the real world goods industry by integrating blockchain technology and NFT.

Introduction

NFTs, or non-fungible tokens, are a form of digital asset that represent ownership or authenticate a unique item. Created using blockchain technology, they can be bought, sold and traded like any other type of digital asset. To date, NFTs have been used in a number of ways. In their first iteration, NFT use cases support digital artwork and collectibles. However, the next iteration will most likely unleash the true power of NFTs, as they are used to support real-world assets.

This article explores what Herencia are, how they interact with real-world assets.

What is Herencia?

Herencia introduces a novel approach to the real-world items industry by integrating blockchain technology and NFTs. 

The project aims to establish partnerships with renowned items brands, providing users with exclusive access to private clothes sales based on their staked HXA tokens.

Platform staking system

Staking Mechanism

• Herencia will implement a a decentralized application that provides users with an opportunity for earning rewards by locking their HXA tokens for a specified period. 

By staking HXA tokens, participants gain access to tier-level system which provide access for the private real-world items sales and unlock additional benefits based on their tier status.

Staking Rewards

Staking HXA tokens on the platform entitles users to receive staking rewards.

These rewards will be distributed periodically, incentivizing participants to hold and stake their tokens within the ecosystem.

For staking HXA tokens user get the Herencia Points (HP) as a reward.

The more HXA tokens and longer user stakes - the more HP he will get:

• Lock period: [4 weeks : 52 weeks] - the minimal and maximum periods of the staking
• Lock period Multiplayer: [1x : 5,2x] - the multiplayer to get HP reward depends on period of staking

The main features:

1. Staking program
2. Collaboration with real-world items Brands
3. User-Tier levels system

Utility of HXAcoin Token

The Herencia token is the native utility token of the Herencia platform. 

The main features:

• Staking program
• Collaboration with real-world items Brands 
• User-Tier levels system

Herencia token serves multiple purposes, including but not limited to:

1. Staking and Rewards: The HXA token can offer a staking mechanism where token holders can lock or stake their tokens on the platform. By staking HXA tokens, participants can earn rewards in the form of additional tokens, discounts on purchases, or access to exclusive features and events.
2. Governance and Voting: HXA token holders may have governance rights within the platform, allowing them to participate in decision-making processes. They can vote on proposals, such as new clothing brand partnerships, platform upgrades, or changes to token economics. This gives token holders a voice in shaping the direction of the project.
3. Loyalty and Rewards Program: The HXA token can be used as part of a loyalty and rewards program. Token holders can earn rewards based on their engagement, purchases, or referrals, which can be redeemed for discounts, special privileges, or unique experiences within the real-items ecosystem.
4. Exclusive Access and Benefits: Holding HXA tokens can grant users exclusive access to events, experiences, or collaborations with real items brands. Token holders may receive priority access to new releases, early access to sales, or invitations to exclusive item presentation shows or brand events.
5. Tradable Asset: The HXA token can be traded on cryptocurrency exchanges, allowing token holders to buy, sell, or trade their tokens with other users. This provides liquidity and the potential for token value appreciation based on market demand.
6. Incentives for Engagement: HXA tokens can incentivize user engagement within the platform and the broader community. Active participation, such as referring new users, creating content, or contributing to discussions, can be rewarded with HXA tokens, fostering a vibrant and engaged community.

The initial supply of HXA tokens will be generated through a fair and transparent distribution process, which includes a public token sale and allocations for strategic partners, team members, and community incentives.

The total supply will be capped on 500 000 000 000 HXA tokens to ensure scarcity and value appreciation.

Token Information

HXA token is the native utility token of the Herencia Artifex platform and is compliant with the ERC-20 token standard for the Ethereum chain with mature security performance, processing power, and various durability features.

Tokenomics

• Token name: HXAcoin
• Token ticker: HXA
• Total supply: 500 000 000 000
• Max supply: 500 000 000 000

Herencia aims to revolutionize the fashion and arts industry by leveraging NFTs and the HXA token.

For information, you can visit the official link below:

• Website: https://www.hxacoin.io/
• Telegram: https://t.me/hxa_official
• Twitter: https://twitter.com/HXAcoin
• Gitbook.io: https://herencia.gitbook.io/herencia-white-paper/
• Coinmarketcap: https://coinmarketcap.com/ja/currencies/hxacoin/
• Discord:
• https://discord.com/invite/XXny68fZna

Author

Forum Username: Rahul.

Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2498927

Telegram Username: @rahull256

Coinsbit registration Email: ( https://coinsbit.io ) : hra80554@gmail.com