XCarnival Weekly Update 05/03/2022

XCarnival
3 min readMar 5, 2022

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In the start of 2022, XCarnival released a development direction for 2022. This year is worth looking forward as XCarnival starts to build new NFT models to expand the growing NFT market.

Let us remember this week what has transpired to know how far we’ve come🎉

1⃣️ Market Recap by 05/03/2022

  • Circulating Supply: $50,331,385.00
  • Number of XCV address: 13,442
  • Twitter followers: 51.11K

2⃣️ Technical Progress:

  1. Cross-chain product documentation has completed 40% 🎉
  2. 100% completion of cross-chain product PC design draft.
  3. The design draft of the single currency pool (BNBchain) has100% completed, and the front-end development has 70% completed.The design draft of the single currency pool will completed 100% next week, please stay tuned. 👀

3⃣️ Operational Progress:

1. Total number of pledged Mystery Boxes: 16,227

2. Mystery box now uses the most updated APY data

3.Number of XCV addresses held by wallets: 13,442

4⃣️ Campaign Progress:

1、Celebrating the listing of $XCV on BitWell Exchange, a 500 usdt welcome AMA has been held on March 3rd ,2022. In the event schedule:

✅ Milestones in 2021 and plans in 2022
✅ How to rescue #NFT liquidity
✅ How to support XCVers and partners

For details, please click the link below:

https://xcarnival-lab.medium.com/ama-with-bitwell-how-to-rescue-your-nfts-liquidity-in-the-era-of-metaverse-680efa1fe53c

2、The fifth $XCV production cut on March 6th, 2022.

This time, the block’s outputs will reduce from 4XCV/block to 2XCV/block.⏰The time of halving will take effect on 20:00 (UTC+8) 6th March.

About XCarnival

XCarnival is a lending aggregator that provides easy-to-use financial products. Users can put their NFTs on XBroker as a pledge to borrow money from other lenders. Additionally, users can simultaneously borrow money from Megabox with their altcoins, such as Pancake, Dodo, and many more. XCarnival believes that “everything is collateral”, and works towards unlocking more liquidity for the metaverse space through its innovative practices.

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

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XCarnival
XCarnival

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