Scarcity of Crypto Coins

In general, scarce resources tend to be highly valued. With the exception of some earth’s elements, there’s a finite supply of most resources. In XIR and its corresponding crypto code, 88 million Ethereum (ERC20) compliant coins were created to facilitate the ecommerce transactions on Xirkle store. Moreover, it’s primary utility will be to function as an optional form of payment in addition to credit cards and bitcoin.

In time, XIR usage will increase, while its value might also increase because of brand awareness and public adoption. As more customers accumulate and hold their XIR coins, the circulating supply will be also reduced because there’s less selling and more buying.