XUMCoin, the first cryptocurrency that dared to launch in the Philippines even with its tight regulatory environment, was presented before a huge audience of entrepreneurs to help them grow their financial resources better.
Shown here are (from left) celebrity hosts Xian Lim and Ruffa Gutierrez, Chairman Jessie Royo and Emma Royo, MMBC CEO Emery Jestine Royo-Alon, JESSEM Security Agency President Venz Francis P. Alon, HERO App’s CEO, Jelyza Chen P. Royo and Operational Manager Ryan Nicko Morales.
Cryptocurrency has yet to be grasped by the Philippine market but there have been individuals and businesses that have invested with this using their international and digital links.
The difference is that with XUMCoin, this cryptocurrency tries to limit itself to markets that have sufficient knowledge and understanding of blockchain and cryptographic tokens, smart contracts, storage mechanisms (like digital or token wallets), blockchain-based software systems, and blockchain or distributed ledger technology.
With the rising popularity of digital Cryptocurrency in the world, XUMCoin was successfully launched at the Cove Area in Okada Manila last June 23, 2021.
Undoubtedly, the Philippines is one of the world’s fastest adopters of cryptocurrency. According to recent study, the covid pandemic has fuelled the trend, with Filipinos releasing the value of crypto as an investment and income generating currency.
Actress turned beauty queen, Ruffa Gutierrez and Model Actor, Xian Lim hosted the grand event with top ace guest performers Pop Superstar Angeline Quinto, Singer-comedian Mitoy Yonting, Actress-singer Cristina Paner, and multi-awarded cost shadow group, El Gamma Penumbra.
The attraction to cryptocurrency is borne of the fact that only a few of them are in circulation, hence those possessing them can sell or buy their coin stocks at the prices prevailing at the time of transaction, which are usually done online only.
Those who want to patronize and support XUMCoin are advised to make their independent assessment on the merits, the benefits and risks involved before considering to acquire one and to bear the risks thereof, including loss of all amounts paid, their suitability for acquiring any XUMCoin and should consult their accounting, legal and tax representatives and advisers to evaluate the economic, legal and tax consequences of acquiring XUMCoin.
XUMCoin is a utility and service-oriented digital currency powered by its own blockchain. As Blockchain technology continues to emerge and develop, an influx of governments, corporations and both public and private sector influencers continue to spread awareness and champion the practical benefits of Blockchain for efficiently and effectively solving a multitude of complex global challenges.
Speed
XUMCoin will have a primary use as a gas fee or transaction fee for the whole eco-system of XUMChain. Given the speed and the volume of 200 transactions every 5 seconds per block and a cheaper gas fee of 50 XUMCoin (approx. $0.50 at its current value) to execute any transaction, or a premium fee for faster transfer and verification will surely make the demand higher.
XUMCoin is responsibly engaging and providing solutions for global clients, communities and businesses that choose to adopt this new era of technological thinking. The results not only improve the operations of their businesses, but the lives of their clients and future partners.
The chairman of XUMChain Technologies LLC embarked on XUMCoin with perseverance, passion, dedication, and faith—the true mark of a great leader. He had a discipline of honesty that brought forth trust that bind his people to follow his directions.
His vision was to make the people’s life easier by creating a sustainable eco¬system that will help them elevate their lives, capture their dreams, and inspire one another like how the chairman of XUMChain Technologies LLC pursued his dream to help humanity.
XUMChain Technologies LLC is driven by the desire to serve people through technology. The blockchain technology is but one of the options that the founder chose as a medium to extend his support and commitment to his people. This way, users and currency holders can participate and avail the benefits of whole eco-system built exactly to serve the market.
His mission was to equip people with the right knowledge on how to take advantage of technology by exploring its usability for the future. To do this, he had to provide a series of digital, service-orientated platforms and infrastructure to empower local, regional and international communities to engage with, learn and benefit from blockchain technologies.
Usability
XUMCoin will be primarily used as the currency of the wider ecosystem. It will be used to pay the utility and services being offered in the platform.
With total pre-mined supply of 55 million XUMCoins, an initial of 10million XUMCoins will be circulated for the first year at a value of $0.01 (USD) that is expected to incrementally increase considering the initial limited supply, an expanding ecosystem, acceptability, and demand.
XUMCoin will only be available from all authorized XUM token affiliates and partners.
With the continuous and stable rise of cryptocurrency across the board, it has become clear that it’s here to stay. It’s your time now to invest in your future and create a life-changing passive income that requires goal, patience, and strong determination.
COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by Manila Standard. Comments are views by manilastandard.net readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of manilastandard.net. While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with Manila Standard editorial standards, Manila Standard may not be held liable for any false information posted by readers in this comments section.
