Greetings Friends;
When we think of something valuable, we usually think of its financial value. This is not entirely wrong, but is this way of thinking correct? Anyway... In practical terms, a store of value in cryptocurrencies is nothing more than a set of characteristics intrinsic to the project. In other words, without these characteristics, the project does not tend to appreciate in value, whether monetary or in terms of adoption, and therefore we should not think exclusively about the financial aspect.
Therefore, the necessary characteristics are:
Scalability: The ability to grow and handle an increase in demand(users, data, transactions) without compromising costs and performance, i.e., maintaining or even improving efficiency over time, enabling sustainable and visibly profitable growth.
Scarcity: Despite the emergence of the heated market for memes, which in turn have vast amounts of emissions amounting to billions or even trillions of supply, the supply of an asset is quantifiable (limited supply), which is essential to ensure value attraction due to low supply and, over time, tends to be beneficial to the project.
Acceptability: To be realized, this characteristic is necessary in addition to its technological possibility and future prospects, and with that, the value of the asset is recognized by a large percentage of the market, which we know as adoption.
Durability: If the project has the necessary, innovative technology and connects with future trends, it is likely that its asset will be accepted by the market at any point in history.
Liquidity: Variable segments tend to be beneficial so that the asset can be easily redeemed for a wide variety of other assets, meaning that currently any project in L1 can be redeemed in L2 and so on. Therefore, at the present time, cryptocurrencies do not encounter liquidity problems if the project is serious and viable in connection with all variables.
Now I ask you... Does Neptune Privacy(XNT) have Characteristics that Correspond to Something of financial or Idealistic Value?
The answer is yes, but it's not that simple to explain. However, it's easy to understand if you follow my line of thinking... Here we go.
In the first article, I mentioned the meaning of the project, which can be summarized as three pillars that form an ideal trident. Therefore, combining zkSTARKs, Mutator Sets, and Triton VM automatically creates a different value, in this case, the value of ideas and technological concepts, with XNT showing everyone why it came about.
But what brings financial value? Simple: Energy.
Can we create energy? Or can we only transform it? Think about it...
At school, we learn that nothing is created, everything is transformed(Antoine Lavoisier/Law of Conservation of Mass). Is that correct? Can you understand why mining and its varieties are so highly valued? Why do people and large companies invest in ASICs, GPUs, and CPUs for mining? Can you understand that mining serves to validate transactions, protect the blockchain network, and create new currencies? Generating a fundamental, decentralized operation, offering miners rewards in digital currencies for their computational work, and maintaining the security and integrity of the ecosystem.
Therefore, energy has its value, and in addition to the factors mentioned in the introduction above, combined with market factors and general sentiment, they form what we can call the “monetary value of a coin,” where all these ideological, sentimental, and financial factors directly configure what we call a store of value.
Should Neptune Privacy(XNT) be Considered a Store of Value?
Yes, again...
Your network is:
- Decentralized
- Private/Secure
- Open source
- Community-governed.
- There were no pre-sales or private allocations.
- Its pre-mining was reserved for project development.
Regarding its blockchain, its protocol has a faster block time to support scalability and prepare the network for future smart contract functionality. What does this mean? It means that to generate added value, developers understood that increasing the block speed but with a reduced block over time increases the demand and desire to have XNT. Another important aspect to know is that XNT has three phases with smooth monthly reductions instead of abrupt halving events, providing a sense of keeping up rather than despair at having missed the train.
Emission?
As the crucial point of a community's technological movement, this configuration in Neptune Privacy(XNT) is what we might call a golden star, where its model minimizes supply and controls pressure, supporting network stability and influencing the long term. However, what you really need to understand is that all aspects combined with issuance are what generate incentives for miners because the entire format was designed to obtain sustainable, profitable incentives over the years without the need to rely on high fees because with XNT, the reduction is continuous until its total supply is fully exposed.
Neptune Privacy Specifications:
Coin
Name: Neptune Privacy
Symbol: XNT
Consensus: zkSTARKs/PoW
Circulating Supply: 1,974,534.4
Exchange
Conclusion
At the end of any thought related to value reserve, we must find scalability, through which we will know if a project has the capacity to deliver that certainty and sense of value. Now, in relation to Neptune Privacy(XNT), its technology and strategic, surgical, and categorical supply provide this configuration because it provides the ability to grow without stressing its ecosystem. Another crucial factor for this composition is the open code, where anyone with technical knowledge can join and help with development, creating an alternative valve for any problem that may arise, as long as it's useful and beneficial to the project.
