What is XON?

Kumiko Yasuda
XONIOtoken
Published in
2 min readAug 7, 2018

Entering the token economy brings about some common questions, among which some are largely about volatility. Participating in the current crypto market largely relies on a person’s risk tolerance. Here at XONIO, we perfectly understand the importance of managing price volatility of digital assets. That is one of the reasons why we created XON.

XON is a price-stable digital asset integrated in the XONIO Ecosystem. It serves as the native currency of XONIO Mobile, where users can purchase a wide array of digital goods from the XON Store, and is used to convert to XONIO Tokens, an tradable ERC20 token.

Benefits of using XON

1. Users can send and receive value among themselves without volatility risk.

2. Users can purchase digital goods available in the XON Store without risk of price fluctuations.

3. Users can convert their XON into XONIO Tokens.

Sample screens of XONIO Mobile

To get XON, you simple have to convert your telco prepaid airtime (or top-up) credits using XONIO Mobile, an android application that serves as the mobile interface of the eXtensible Open Network.

Why telco prepaid airtime?

In emerging markets, almost everyone has or has access to telco prepaid airtime credits. A recent study reported that prepaid mobile connectivity reaches up to 99% in Asian emerging markets. Just imagine this huge market, empowered to convert their airtime credits into a price-stable currency. You basically turned every single prepaid mobile user into a “cash-in” location!

For more info, visit www.xon.io. Join the community on Telegram.

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