New York, New York–(Newsfile Corp. – December 6, 2021) – Xeebster team is pleased to announce the launch of its Cryptocurrency XEEB. It aims to create a token that can create revenue aside from just selling the tokens. Launched on December 1st, 2021, the new cryptocurrency XEEB set sights on its distinctive revenue-generating model.
Figure 1: Xeebster, a Unique Name with a Unique Model Launches
Creator and CEO Chris Kang stated Monday, “At XEEB we’re trying to do something that’s unheard of, while other cryptos are set on their token’s value increasing solely through its buy and sell model, we want to provide other routes that make our token increase in value.”
Rather than XEEB acting as just a cryptocurrency, Kang aims to use the name as a brand, characterizing the coin as an “Umbrella Company.” To Kang and his team, the token is more of a brand, and in the future other separate companies will be listed under the token’s name.
Registered in NC, USA as an S-Corporation
According to Kang, it’s possible because Xeebster has already been registered in NC, USA as an S-Corporation. With recent frauds, Kang wanted to provide transparency and trust to his investors. Hence, the creation of Xeebster was incorporated.
“We’ve already launched another company, Lilyhans, under the XEEB brand,” says Kang. Lilyhans, an E-Commerce jewelry store, not only takes payments from major credit cards but also the cryptocurrency itself. This way, the XEEB team can use the profits generated to support the launches of other businesses, and to increase XEEB’s value.
Xeebster would use the revenue generated from Lilyhans to develop other companies under XEEB but also repurchase its own token.
Another utility that Xeebster is working on is its social media dating app, called BEEX. Like Tinder, Kang wants to allow users to use the app to find friendship and love. Unlike Tinder, he wants the users to utilize his token, XEEB, within the app.
When a user wants to interact with a member, the user will use their credit cards to purchase XEEB. Then, they will utilize the tokens to view messages, view detailed profiles and engage in other activities that will help increase XEEB’s utilization.
However, being an “Umbrella Company” isn’t $XEEB’s only strength. The token’s tokenomics speaks for itself. There is a 10% BUSD reward system. After each transaction whether buy or sell, 10% BUSD will be distributed automatically according to each wallet holder’s current holdings.
Kang states that through his new model, “The team and I see a lot of potential in the future value of XEEB.” Xeebster is in itself a unique name. XEEB has a unique model.
Dextools Chart: https://www.dextools.io/app/bsc/pair-explorer/0x652c0bcd22a20f98fd095198407729a03c8a368a
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106735