What is the project about?
Canxium is a groundbreaking blockchain platform, that introduces a unique economic model which revolves around supply and demand dynamics. Unlike traditional blockchains with fixed supply or inflationary or deflationary mechanisms, Canxium adopts a demand-driven approach, where the total coin supply is determined by market demand. The demand-driven blockchain concept introduces a dynamic and responsive economic system. Unlike traditional models that rely on predetermined supply plans, Canxium allows the market forces of supply and demand to dictate the coin’s availability and value. This approach brought a more flexible and adaptable blockchain ecosystem that aligns with real-time market conditions. Canxium also revolutionizing the blockchain industry with its unique approach to mining and commitment to creating a more sustainable and decentralized future. A key feature distinguishing Canxium from others is its innovative concept of offline mining. Canxium’s offline mining is a new concept never seen in crypto.
What makes your project unique?
Canxium have two unique features at the present:
- The Unique Economics of Canxium: Decentralized Supply Control Mechanism
- The Unique Mining Mechanism: Offline
More feature are coming soon, especially the new consensus.
History of your project.
Canxium was established in Vietnam in May 2023. First Canxium block was mine on April-30-2023 08:06:16 PM +7 UTC. After three months of launch: Canxium has achieved many achievements such as: 22,880 transactions, 1013 wallet addresses, 10-30k daily trading volume, more than 100k USD total volume.
What’s next for your project?
Canxium has a lot of work to do in the next few years, like bringing offline mining to the mainnet, then designing and developing a new consensus algorithm, allowing offline miners to contribute to the creation and validation process of new blocks
What can your token be used for?
Canxium Coin (CAU) is the native coin that powers the Canxium network and is used to pay for transactions. CAU functions as a utility token and is used to pay for gas fees for transactions on the Canxium blockchain. CAU is a proof of value, which will never be minted, but must be mined through computation to generate new blocks or mined offline.
Where is Canxium available for purchase?
You can exchange CAU tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Canxium is MEXC, notably the CAU/USDT pair, which saw a trading volume of $ 27,783 in the past day. Additionally, CoinEx is popular alternative for trading tokens.
What is the highest value Canxium (CAU) has ever reached?
Canxium (CAU) reached its peak price at 20.81 $ on 23 February 2024, approximately a year ago ago. Presently, the current price is -97.46% lower than this all-time high.
What is the historical minimum price for Canxium (CAU)?
The minimum price reached for Canxium (CAU) was 0.2428 $, documented on 08 October 2023, more than 2 years ago. In comparison, the current price is 116.89%, it above this historical low.
What is the fully diluted valuation of Canxium (CAU)?
The fully diluted valuation (FDV) of Canxium (CAU) stands at $ 491,937. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of CAU tokens. The realization of this FDV might take several years depending on the emission schedule of CAU tokens.