XCAVATOR

Xcavator token have a limited supply of 51 million tokens. We aim to give every commoner the power to possess integrated mining technology which can function with cheap electricity and is not affected by the environment. So how will our ecosystem work? We will be setting up Crypto Mining Farms at the most feasible locations in order to generate revenue by mining the most profitable cryptos. Every week around 50% of the total revenue will be used to purchase our own Tokens from Crypto Exchanges at market prices, which will be burned with a proof of burn. The remaining 50% of the revenue will be utilised to expand our Crypto Mining Farms, which will generate more Mining Power, thus, boosting our revenue in the future. As a result of the two process, the Total Supply of our Token will continue to decrease, while the demand and the Mining Power Per Token will continue to increase as the company will infuse real world revenue, resulting in a progressive rise in the value of our Token.