Excelli is a next-gen e-commerce system available in the form of a mobile app that also has a built-in social media component. The Excelli super app works on the concept of ‘Group Buying’ and aims to implement it on a scale that was not possible before.
Excelli is a decentralised (blockchain-based), multi-faceted e-commerce platform that is created for the benefit of both merchants and consumers. While consumers stand to receive exciting offers, discounts and free tokens on every group purchase, merchants get seamless access to genuine customers from around the globe.
Blockchain - Solana
Excelli Mission & Vision
Mission:
- To make shopping a group event with social and monetary benefits; both for the users and merchants.
- To bring in the concept of a crypto token (XLE) instead of a cashback coin with no monetary benefits.
- To connect merchants across the nation to buyers through a super app fuelled by its own utility token: XLE.
Vision:
To be the world’s most customer-centric, efficient, and innovative super app.
What is Excelli Coin (XLE)?
XLE is a utility token that fuels the entire Excelli platform, including payments and rewards. It is an SPL standard token on the Solana blockchain.
Token Symbol: XLE
Buyers are rewarded with XLE tokens every time they shop on the Excelli app and can use the free tokens to buy on Excelli as well as for trading on cryptocurrency exchanges.
XLE Tokenomics
- Name: Excelli Coin
- Token Symbol: XLE
- Token Standard: SPL
- Blockchain: Solana
- Decimal: 09
- Total Tokens Supply: 10 billion
- Token Price (launch): $0.0012
- Fundraising: $2.94 million
- Full Dilution Value: $12 million
- Future Mint: Fixed supply, future minting disabled
- Open the product page on the Excelli app.
- Click on the ‘Group Buy’ option to share the product with your social connections.
- You can send a group invite to your social connections within the Excelli app or send the invite link via other social media platforms.
- Once all or a minimum number of invitees accept the group buy invitation and complete the purchase, the discount will be automatically applied.
How Group Buying Works on Excelli
Excelli is an online shopping app that rewards users for group buying. Here’s how it works:
For every successful group buy, the participating buyers of that group will receive a percentage of the transaction as XLE tokens in their wallets depending on the type of the product.
What makes Excelli different
While traditional e-commerce platforms generally offer cashback coins or points for shopping with them, Excelli offers real cryptocurrency tokens to users every time they shop on Excelli. Unlike cashback points or reward tokens of traditional e-commerce platforms that have no real monetary value, the XLE token is a real cryptocurrency that can be used to purchase things on the Excelli app and can be traded on various cryptocurrency exchanges.
By bringing entertainment, encrypted chats, shopping with group buy options together, we stand out from the crowd and open up more possibilities for the public.
For more information, visit official website: https://www.excellicoin.com/