Anyone who took a look at Experience Points (XP). The only real distinctions XP provides are its mining algorithm, distribution rates, and total supply.

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Anyone who took a look into Experience Points (XP) over the summer is undoubtedly wondering how the project grew from the tiny $350,000 market cap over 1000 times to what it is currently trading. XP is currently trading at a price of about 1/5 of a penny, and sits at rank 61 on Coinmarketcap. Experience Points, which first launched in 2016 and was relaunched this past summer, is reminiscent of the types of coins launched in 2014 and 2015. Like older coins, the only real distinction XP provides is the mining algorithm, distribution rates rates, and total supply. XP does provide an interesting approach to Proof-of-Stake, which gives small holders a higher PoS rate than larger balances. Beyond this, XP doesn’t really offer anything. There have been a few initiatives by community members: a faucet, a game, and a store.

The store allows users to purchase gift cards from places such as Steam for XP. However, the XP costs of these cards are, at least currently, very inflated. The game, which pays players in XP, barely works. It is a simple match’em game.