What is XMON?
XMON is the ERC-20 utility token for the non-fungible token (NFT) art project 0xmons, a platform using machine learning algorithms and neural networks to generate a series of pixel art monster NFTs inspired by Pokemon, SCP and Lovecraft. Encoded on the Ethereum blockchain, each 0xmon has a unique animation generated by a GAN (Generative Adversarial Network) algorithm trained on datasets of pixel art images. The 0xmon image is then paired with a unique name, epithet, and lore as generated by a language model algorithm. XMON token is used to purchase NFTs and pay for encoding fees within the 0xmons NFT ecosystem. Users can stake XMON tokens for XXMON to receive a share of encoding fees. Liquidity providers earn XMON token rewards by staking XMON-ETH LP to 0xmons farms.
