Exorde is a web3 protocol that empowers developers to crawl and link all public data available on the web. As a decentralized protocol, it enables e-reputation scores for various entities through a community-driven platform. Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (EXD/USDT – Trade it here) on our Innovation Zone! Check it out now!
Why is the Function of Exorde?
Exorde is an innovative protocol that uses a decentralized approach to collect and extract sentiment data from social networks worldwide. By leveraging the power of a decentralized community, Exorde is able to collect data from even the most challenging social networks that are inaccessible due to location or proxies.
The unique decentralized approach of Exorde ensures that the data collected is reliable, peer-verified, and publicly processed. This enables the protocol to offer several use cases, including market predictions, e-reputation analysis, and trend analysis. Additionally, the public nature of Exorde’s data ensures that any trends or analytics based on Exorde’s output cannot be censored, manipulated, or suppressed.
What is the Reward System in Exorde?
The Exorde protocol is supported by a decentralized community of contributors worldwide. These contributors utilize the Exorde data crawling module to gather and analyze live social network data. In return for their efforts, contributors receive EXD tokens and a small amount of Reputation for each completed task.
The EXD token serves as a payment for the contributors’ work and acts as a bridge between client requests and contributor tasks within the Exorde protocol. Clients can also allocate additional rewards in the form of EXD tokens to prioritize specific crawling tasks.
Meanwhile, Reputation is a non-tradeable and non-transferable currency that reflects a contributor’s work history within Exorde. It is difficult to earn but easy to lose, and it’s used for governance, staking, and high-level decision-making within the protocol. The more Reputation a contributor has, the more influence they have over the protocol. However, Reputation can be lost due to failed tasks and bad actors, resulting in severe Reputation slashing.
Where to buy EXD Token
You can find EXD Token here at MEXC! We are listing EXD/USDT in our Innovation Zone!
What is the Price of EXD Tokens?
The price of the EXD token is $0.2318 per unit. It has a market cap of $3,477,279 and a fully diluted market cap of $46,363,720. It also has a 24-hour trading volume of $125,364. You can check the live price of their token right here!
How to buy EXD Tokens
You can buy EXD Tokens on MEXC by following the steps:
- Log in to your MEXC account and click [Trade]. Click on [Spot].
- Search “EXD” using the search bar to see the available trading pairs. Take EXD/USDT as an example.
- Scroll down and go to the [Spot] box. Enter the amount of EXD you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy EXD] to confirm your order. You will find the purchased EXD in your Spot Wallet.
You can find a detailed guide on how to buy EXD Tokens here.
Keep Yourself Updated With The Crypto Trend
Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!
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