To all XCVers: What we have done recently and what we will do soon?

XCarnival
2 min readJan 18, 2022

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Industry Background

We’ve seen the massive growth and wide expansion of the blockchain in 2021, the NFT market has also experienced its largest growth ever so far so good, even the TVL exceeded $23 billion. After Facebook changed its name to META, the metaverse has become a wide successful mainstream.

Project Overview

October 2021 saw the birth of XCarnival, which was successfully launched on the BinanceChain Network.

XCarnival is an infrastructural protocol for metaverse assets, which includes 2 functions such as NFT asset & collateral lending and also the XIGO’s platform GameFi asset distribution.

XCarnival had a cooperative relationship with GamFi projects such as RACA, Dracoo, Baby and Bino in 2021, we helped them issue NFTs successfully.

In 2022, we intend to focus our goal majorly on the 4 key points (listed below) to expand the platform map:

  1. The platform’s cross-chain.
  2. Empower the GameFi ecosystem.
  3. Global community expansion.
  4. DAO organization building.

Weekly Recap: continued growth

The relevant data of XCarnival shows a significant increase in the areas listed below.

  1. The total amount of pledge cards is 11549.
  2. The current total amount of usdxc mint in megabox is 479.
  3. The number of addresses holding $XCV is 13,097
  4. The APR of the Genesis NFT is much higher than other Gamefi projects which is : 3534%
  5. The total number of social media followers is about to reach 200,000.

PS: at the end of January 2022, XCVers could withdraw their $XCV from Btok to DEX/CEX

More Weekly Plans

  1. Cross-chain plan.
  2. Abeats cooperation preparation.
  3. Complete the development of X’MAN Card, which has now entered the testing stage.
  4. Mystery Pool will be launched soon

Finally, we say a big thank you to all XCVers that have been supporting XCarnival.

Due to the imminent interest rate hike by the Federal Reserve, the overall trading volume has become low,

and the hotspot has shifted in different public chain sectors, the overall plate of the blockchain has been unstable recently, so we have postponed the launch of new products including X’MAN card synthesis and Mystery Pool.

Please stay tuned, XCarnival is moving forward in an orderly planned way, including important upgrades & cross-chain.

XCarnival is a lending aggregator for Metaverse assets which offers innovative liquidation solutions for varieties of NFT and long- tail crypto assets.

To learn more about XCarnival, visit xcarnival.fi,follow @XCarnival_Lab on Twitter. To understand the full vision of the XCarnival, read the litepaper.

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XCarnival
XCarnival

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