MaxxChain PWR Price

What is MaxxChain (PWR)?

MaxxChain is a new Layer 1 blockchain designed to enhance the world of digital transactions and logistics. Built on the Ethereum Virtual Machine (EVM) and using Proof-of-Work (PoW) consensus, MaxxChain focuses on decentralization, security, and programmability to support a wide range of applications.

MaxxChain is an EVM Layer 1 Proof-of-Work blockchain. It aims to offer low transaction fees, robust security, and smooth interoperability with Ethereum-based smart contracts. Originating from a token project, MaxxChain transitioned into a full blockchain to address previous limitations and support long-term growth. Its mission is to advance logistics through blockchain technology, improving transparency, efficiency, and reducing costs.

PWR Coin: Supply and Distribution

MaxxChain’s native cryptocurrency is PWR. The total supply is capped at 1 billion coins. Here’s how they are distributed:

• 75% Burned: A significant portion has been burned to reduce supply, including cuts to team and future-use wallets.
• 12.5% Treasury: Initially held for potential investments but is being gradually burned to manage inflation.
• 3% Team: Allocated to core team members and admins.
• 3.5% OG Projects: For liquidity providers and over-the-counter deals.
• 1% Exchange Listings: Reserved for listing on exchanges.
• 4% Presales: For initial phase sales.
• 1% Reserve: For Nexus token drip rewards.

Trading PWR Coin

PWR can be traded in its wrapped form on Uniswap, paired with wETH. For transactions between Ethereum and MaxxChain, users can utilize the Sphynx Labs bridge. The team is actively seeking listings on centralized exchanges (CEX) and will announce new developments in due course.

What Sets MaxxChain Apart?

MaxxChain’s dedication to decentralization and security is its hallmark. The use of PoW ensures that control remains distributed, maintaining the integrity and security of transactions. Additionally, MaxxChain is set to enter the U.S. Freight Factoring market, providing a real-world use case and potential revenue stream independent of cryptocurrency market fluctuations.

Network Security

MaxxChain’s security relies on PoW, where miners validate and add transactions to the blockchain. Each successful block earns 5 newly minted coins. To balance this, the network charges fees for on-chain activities and conducts weekly coin burns from the Treasury wallet to prevent inflation and maintain stability.

Support for Users and Developers

MaxxChain provides extensive support to its ecosystem. This includes launch services for projects through GemPad, educational resources for users and developers, and various tools like presale calculators and token lockers.

Business Model

MaxxChain’s revenue comes from transaction fees, service fees, and its primary business venture into Freight Factoring. It maintains low overhead costs and seeks strategic partnerships to support its growth and ecosystem expansion.

Marketing and Sales Strategy

MaxxChain focuses on targeted marketing, community engagement, and strategic partnerships. By leveraging educational content and funds from its Freight Factoring business, MaxxChain aims to increase adoption and showcase the potential of Web3 technologies in logistics.

Strategic Shift

Initially, MaxxChain concentrated on short-term benefits for users and developers. However, facing growth challenges, the team has redirected its focus to leverage their logistics expertise, aiming to create a self-sustaining market and attract attention from both crypto enthusiasts and industry professionals.

MaxxChain is not just another blockchain; it’s a platform with a clear vision to revolutionize logistics and deliver on the promise of Web3 technology.

What is unique about MaxxChain (PWR)?

MaxxChain stands out for its commitment to decentralization and security, using a Proof-of-Work consensus mechanism and aiming to revolutionize logistics through blockchain technology.

Who are the founders of MaxxChain (PWR)?

The specific founders of MaxxChain are Nathan Brooks and Sophia Lee.