XELS is a platform aimed at counteracting the effects of global warming. By leverage blockchain technology we are able to create a powerful offset token that will embed environmentally & socially positive impacts into every transaction.
XELS (ticker XELS) is a cryptocurrency with a fixed maximum supply of 21 million coins — the same hard cap famously used by Bitcoin. In simple terms, it's a digital coin designed to be scarce, meaning no more than 21 million XELS will ever exist. The project's official home on the web is xels.io, where you can find wallets, documentation, and updates.
XELS is a standalone cryptocurrency with its own blockchain, not a token riding on another network. Its biggest similarity to Bitcoin is the hard cap of 21 million coins, which makes it a deflationary-style, scarce asset. The key differences lie in its underlying technology and consensus design, which you can review in the official documentation at xels.io.
XELS runs on its own blockchain where transactions are validated and recorded by its consensus mechanism rather than a single company or server. This decentralized approach means no central party can arbitrarily change balances or mint extra coins. For technical details on the exact consensus algorithm, the whitepaper and docs on the official site are the best source.
XELS has a hard cap of 21,000,000 coins — that's the absolute maximum that will ever be created, and it's written into the protocol. New coins enter circulation through the network's reward mechanism, gradually approaching but never exceeding the cap. This fixed-supply model is the core of XELS's scarcity story.
Since XELS is a coin with its own blockchain, you store it in a wallet that supports the XELS network rather than an ERC-20 or token wallet. The official website, xels.io, offers wallet downloads and setup guides. Once you have a wallet, you can send and receive XELS using your address, just like with any other standalone cryptocurrency.