Clear 1 star for me. XEN is merely a smart contract on Ethereum that gives tokens to people who want it, based on some strange formula.
Quote: "The process to generate XEN is based on several variables. First, your intention to receive XEN must be initialized by connecting your wallet to the XEN smart contract, you will be asked how long you are willing to wait".
They continue with some strange formula that determines how many tokens you get. But it boils down to "Connect your wallet and get XEN tokens". Then it goes on with the standard deflationary argument that's supposed to create value like "it gets more difficult to get the token over time", etc.
However, demand creates value, not deflation. A token that has no demand has no value, no matter how deflationary it is. XEN doesn't give any explanation as to why anyone would want that token other than to get it for free and then sell it.
A million tokens with $0 dollar value each don't get more valuable just because you burn half of them. They're still worth $0 dollars. Show Less
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