TXP

TheX Protocol aims to simplify Web3 technology, making it more accessible to a broader audience and mitigating crypto volatility's impact on the sector . It's designed to be a next-generation protocol with features like seamless transitions, interoperability, and zero-knowledge proofs, which are all aimed at scalability, security, and user-friendliness . The protocol also includes a Layer 2 blockchain solution called TheX Chain, which uses advanced technologies like ZK-Snark and ZK-Rollups to ensure efficient operations within the Web3 ecosystem . The token, TXP, was offered during an ICO that started in May 2023 and ended in November 2023, with an initial sale price of $0.06 per token . The distribution of TXP tokens is carefully planned and executed through various categories to support the project's goals, with a focus on transparency and inclusivity .