Xfinetwork— Deep links to the web3 world

Xfinetwork
3 min readMar 15, 2022

Xfinetwork is a web 3.0 based information interaction tool, with knowledge economy at its core and the value of improving information efficiency. It consists of distributed storage, distributed applications, DAO autonomy and relay networks.Use it to freely post Ads, newsletters (paid), comment on newsletters and earn revenue, participate in Voting Mining, etc.

Ⅰ、Posting Newsletters

Under non-KYC restrictions, users customise the way they pay for the distribution of their messages and Ads.

You can set the Ads title, Ads length, graphics, content and the amount to be paid for the Ads. The data is stored in a distributed network and the Ads fees is distributed to commenters in a decreasing manner according to a contractual algorithm, thus accelerating the spreads of the Ads to attract user engagement.

Unlike the web2 Ads platform, XFI is an open application where the Ads fees are fully distributed to the participants (the balance of the fees can be retrieved by the publisher). XFI platform does not charge any commission, but users need to pay for the Ads with $XFI token (paid with $BNB before issuing the token).

Ⅱ、Comments on Newsletters

Participation in comments and share the fees for Ads.The weight value of the vote determines the benefit to the commenter. Thus, insightful views close to the user are welcome, and the owner of the knowledge and skills will most likely stand out.

Ⅲ、Vote Mining

Commenting and voting on content of interest is considered mining, which triggers the release of Ads fees and the adsdition of new minerals and liquidity, while changing the ranking status of the Ads content and giving the voting participants a share of the tokens. This is an extremely complex linkage process, where the end-player determines the true value of the entire information flow.

Ⅳ、NFT and token economy

The token is planned to be launched after V3, V1 will issue 112,500 x-DAO (nft), the fundraising will be used for the development and operation of the team, it is similar to the equity NFT, holding x-Dao enjoys mining rights and governance rights.

It is important to note in particular that XFI has adsopted applied mining to solve the problem of token frothiness. Innovative liquidity 2.0 was adsopted to solve the liquidity depletion problem, using targeted liquidity to increase funding and market cap certainty and asymmetric tradsing to lock in long-term investors. The deeply innovative economic strategy provides a strong technical support for market cap boosting and financing evolution.

Ⅴ、The XFI Index

Unlike the web3 identity of information aggregation, XFI uses a new index identity scheme to define a user’s DID.

User Activity Index is the data on participation in Ads and newsletter voting in the information interaction network, which defines the level of participation of the user in the network.

Community Identity Index is the combined result of users as commenters whose comment messages are voted on; it is a data label for the level of awareness and recognition of an individual.

Project Hotness Index refers to the total value of data on how a project has been interacted with on the XFI platform, and reflects the level of interest in it by web3 users.

The XFI index is a cumulative and growth-oriented numerical label that shows the attributes of individuals and projects in terms of their level of participation, contribution and market buzz.

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Xfinetwork

Web3 based social ad protocol that can post ads (paid) Users vote or comment on valuable content and share the revenue from on-chain data(share fees).