Find Areon Network (AREA) listings on XT.COM.

XT.COM, the world’s first social convergence trading platform, is pleased to announce its listing.Areon NetworkPlatforms in the Innovation Zone (DeFi) andLocal/USDTThe pair will be available for trading from 2024.01-31 14:00 (UTC).

• Users can deposit AREA for trading.2024-01-3014:00(UTC)

• AREA withdrawals will begin on 2024-02-01.14:00(UTC)

Area introduction

areaIt is the native digital asset of the Areon blockchain with a supply of up to 250 million coins.The AREA token, the fundamental building block of the Areon network, operates based on an innovative realm-proof consensus mechanism, ensuring unparalleled transaction speed and efficiency. Areon Network, a decentralized layer 1 blockchain project, enables users to participate in daily transactions, build decentralized applications (dApps), and participate in a growing ecosystem with low transaction fees.

Ecosystem development, community engagement, sponsors, team, public sale, listing and token allocation for company reserves demonstrate a strategic and balanced approach. A deflation mechanism with quarterly burns based on trading volume ensures the fair value of AREA tokens, creating a resilient and investor-friendly ecosystem.

The Areon chain, the backbone of the project, is designed to handle an incredible 600,000 transactions per second, setting a new standard for blockchain speed and scalability. This advanced technology combined with area proof algorithms makes Areon Network a game-changer in the blockchain industry.

Alvin Warin,XT.COM CEOCommenting on the recent AREA listing, he said, “The integration of the AREA token with our innovative local proof algorithm not only ensures lightning-fast transaction speeds, but also brings a new dimension to decentralized verification through Areon City’s land ownership.” “This unique approach aligns with our vision to foster groundbreaking technologies within the cryptocurrency space, and we are excited to provide our users with access to these forward-thinking projects.”

Introduction to Areon Network

Areon Network, the visionary force behind the AREA token, is pioneering a decentralized layer 1 blockchain project that sets a new standard for innovation in the blockchain space. The project’s flagship product, Areon Chain, is not just a blockchain, but an entire ecosystem that redefines speed, security, and usability.

The Areon Chain, the cornerstone of the project, stands out for its groundbreaking speed of achieving an impressive 600,000 transactions per second. The unique “AREA Proof” algorithm powers the chain with a perfect combination of security and speed. This advanced infrastructure positions the Areon chain as the fastest and most efficient blockchain ever created.

Areon Chain’s architecture supports compatibility with the Ethereum Virtual Machine (EVM), giving developers the flexibility to scale decentralized applications (dApps) and facilitating seamless interaction with existing Ethereum tools. The integration of Tendermint Core and CometBFT for consensus highlights efforts to achieve real-time, high-throughput blockchain applications.

Areon Network’s unique consensus mechanism, Proof of Area (PoA), introduces a new approach to network verification. Essential to the PoA mechanism, validators play an important role in the transaction verification process by owning land in Areon City. This ownership not only validates transactions but also provides a variety of benefits, creating a strong and sustainable ecosystem.

Areon Network focuses on community engagement and governance. AREA token holders can exercise governance rights to propose and vote on changes to community-controlled parameters. AreonChain’s governance structure introduces new options, allowing the community to access and embrace the process.

Website:areon.network

Reddit:reddit.com/r/areon/?rdt=47937

Twitter:twitter.com/AreonNetwork

Facebook:facebook.com/areonnetwork

LinkedIn:linkedin.com/company/areon-network

telegram:t.me/areonnetwork

About XT.COM

Established in 2018,XT.comIt serves over 800 tokens with over 6 million registered users, over 500,000 monthly active users, over 40 million users in the ecosystem, and over 1000 trading pairs. Since then, the XT.COM cryptocurrency exchange has expanded its services to cover a variety of trading categories to provide a safe, reliable and intuitive trading experience to its large user base. One of these additional features is cryptocurrency futures trading, including USDT-M futures and Coin-M futures perpetual contracts, as well as copy trading, which allows users to replicate top traders in real-time with just one click. Additionally, Futures Grid allows users to make money by automating the buying and selling of futures contracts.

Website:www.xt.com

Twitter:twitter.com/XTexchange

telegram:t.me/XTsupport_EN

contact:

Areon.network

uince@areon.network

XT Exchange

bella way

Email Address: listing@xt.com

Disclaimer: The information provided in this press release is not an investment recommendation and is not intended as investment advice, financial advice or trading advice. We strongly recommend that you practice due diligence, including consulting with a professional financial advisor, before investing in or trading cryptocurrencies and securities.