xHashtag is a Web3 protocol that focuses on providing on-chain credentials for the Future of Work. This protocol enables users to curate their reputation on the blockchain, earning Web3 credentials that function in the emerging landscape of work and collaboration.

Brands and organizations can leverage xHashtag's reputation credentials to assemble skilled liquid teams for various projects dynamically. This approach enhances the flexibility and efficiency of workforce collaboration.

The xHashtag protocol utilizes a system of reputation badges called "Soultags." These Soultags are skill and reputation badges minted as non-transferable, soulbound tokens. Through these badges, users can showcase their expertise and capabilities, contributing to the creation of a liquid talent pool accessible for different tasks and projects.

Moreover, xHashtag introduces the concept of "SoulDrops," an automated loyalty program. This program converts loyal users into brand advocates by offering incentives through these Soultags.

One of the key features of xHashtag is its support for liquid stake tokens called "#hashtag tokens." These tokens can be utilized as collateral and provide additional rewards for participating in community micro-tasks.

The XTAG token serves as a utility token within the xHashtag platform, a DAO (Decentralized Autonomous Organization) designed for the future of work and community engagement in the Web3 ecosystem. The $XTAG token has real-world use cases that contribute to the platform's functionality and governance.

xHashtag is a Play-to-Earn Decentralized Autonomous Organization (DAO) built on the Solana blockchain. Heres an overview of how it works:

Play-to-Earn DAO for the Future of Work

xHashtag functions as a DAO that enables individuals to earn while engaging in tasks and activities related to the future of work. The platform connects users with Web3 projects that require specific tasks to be completed, offering participants an opportunity to earn rewards for their contributions.

Liquid Micro Teams

xHashtag introduces the concept of "Liquid Micro Teams," which allows users worldwide to participate in a wide range of on-chain and off-chain activities. These activities are typically set by campaign creators, often representing Web3 projects. Users can contribute their skills and efforts to these tasks and earn rewards.

Earning Opportunities for xHashtags Growing Community

Users can earn rewards by completing both on-chain and off-chain microtasks. These tasks include content creation, community engagement, marketing efforts, and more. By participating in these tasks, users contribute to the growth and development of Web3 projects while being compensated for their contributions.

Liquid Staking and Collateral

xHashtag introduces the "#hashtag tokens, liquid stake tokens. Users can engage in liquid staking of project tokens, which helps secure the network and offers the potential for additional rewards. These tokens can also be used as collateral while participating in community micro-tasks, providing users with other opportunities to earn.

Metaverse and Community Engagement

Each #hashtag token is associated with an exclusive Discord community and a virtual reality (VR) room. These virtual spaces are accessible only to #hashtag token holders, fostering a sense of community and engagement among participants.

xHashtag (XTAG) was founded by Monica Durga, the Founder and Head of Technology. Monica Durga has over four years of experience in the crypto industry and was previously involved in projects like Router Protocol and Dfyn.network. The team also includes other experienced professionals from various fields, including technology, business, marketing, and content creation.

xHashtag (XTAG) kick-started its operations in mid-2021. The roadmap includes various milestones and initiatives, such as integrating with BNB Chain, launching SBT standard on Solana, multi-chain aggregation of SBTs, and introducing.SOUL domain names and DNS resolver, and integrating with Layer-2 networks.

The xHashtag project also has plans to aggregate SBTs from third-party issuers, support gasless transactions on Layer-2 chains, integrate web2 reputation, fractionalize NFTs, and release a gamified interface for P2E opportunities.

xHashtag could be an interesting investment, especially amid users and investors rising adoption of web3 projects. Increased adoption of web3 could drive higher interest in projects offering decentralized identities, ensuring user privacy in the decentralized web.

A favorable outlook toward web3 could increase users interest in signing up for xHashtags services. The resulting uptick in on-chain activity could also support the $XTAG price.

In addition to investor interest in the web3 sector, the xHashtag price could also experience an uptrend amid an improvement in the overall sentiment in the crypto market. During bullish cycles or when the investor mood is risk-on, the increased buying activity in the market could support the XTAG to USD price.

While we cannot provide a reliable XTAG price prediction over any timeframe, you could monitor the following factors to gain insight into the price action and volatility in the xHashtag crypto:

Level of Adoption of xHashtag Platform

Adopting xHashtag within various industries and sectors can drive demand for the token. If xHashtag proves to be a valuable solution for real-world problems or gains traction as a utility token, it could positively impact the $XTAG price.

Future Developments in xHashtag Ecosystem

The efforts and progress made by the xHashtag development team, partnerships, and updates to the protocol can influence investor confidence and market perception of the xHashtag value and potential.

Crypto Market Sentiment

The broader market conditions and trends in the cryptocurrency space can influence xHashtag's price. Factors such as market-wide bullish or bearish trends, macroeconomic factors, and regulatory developments can impact investor behavior and affect the XTAG price.

XTAG is the native token within the xHashtag platform and serves the following functions:

Participate in Governance of xHashtag Through Staking.

$XTAG token holders can stake their tokens to participate in the platform's governance. They can propose and vote on xHashtag Development Proposals (XDPs), with their voting power proportional to their staked tokens.

Task Eligibility Prioritisation

Staking XTAG tokens allows users to receive priority in task eligibility, providing early access to reward-earning tasks. The amount of staked tokens determines the level of prioritization.

Reviewer Status Upgrades

Users can stake XTAG tokens to become reviewers, who verify task completion and uphold the platform's quality standards. Staking $XTAG contributes to the platform's reliability and integrity.

Trade or HODL xHashtag Token

Trade XTAG against other cryptos on the BYDFi Spot Market to make the most of changing market conditions and volatility. Buy or sell xHashtag coin, or hold it long-term if you believe in the projects future potential. Remember to make any trading decision in the crypto market only after you do your own research (DYOR).

Heres how you can stake XTAG on the xHashtag Mainnet:

1. Fund your wallet by buying XTAG on BYDFi and withdrawing your tokens to your wallet.

2. Visit the xHashtag Mainnet App.

3. Connect your MetaMask or WalletConnect wallet to the xHashtag dApp by clicking the Connect Wallet button on the header.

4. Navigate to the Vaults section within the xHashtag dApp. Choose the XTAG vault of your preference and click on Approve. Confirm the transaction in your MetaMask popup.

5. Select the amount of XTAG tokens you want to stake (within the vault's limits) and press the Approve button. Confirm the transaction in the pop-up that appears to complete the liquid staking process. You will not experience impermanent loss with this single asset staking.

6. After successfully staking, you will receive an equivalent amount of sXTAG (Staked XTAG), a yield-bearing liquid stake token.

xHashtag (XTAG) had an initial total supply of 100,000,000 tokens. The token distribution is as follows:

1. Private/Pre-sale: 16.04% of the total supply (16,042,328 tokens).

2. Public sale: 1.20% of the total supply (1,200,000 tokens).

As of August 2023, the circulating supply of XTAG is just over 66 million tokens.