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Business News/ Brand Stories / What Is a Doxxed Team – A Look Into Xchange Monster, Ethereum and Dogecoin
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What Is a Doxxed Team – A Look Into Xchange Monster, Ethereum and Dogecoin

Three tokens with doxxed teams are Xchange Monster (MXCH), Ethereum (ETH) and Dogecoin (DOGE). There are several benefits to this, each unique to these platforms

A doxxed team is a team whose identities are known, rather than obfuscated by the anonymity afforded by crypto.Premium
A doxxed team is a team whose identities are known, rather than obfuscated by the anonymity afforded by crypto.

Anonymity is a key aspect of cryptocurrency and has been a primary draw for users from the start. However, this is not limited to crypto users, as many crypto creators and their associated teams are also completely anonymous.

Most famously, despite being the most successful cryptocurrency on the market, the creator of Bitcoin (BTC) is still anonymous, with their real identity having yet to be discovered over a decade since the platform's launch. As the first cryptocurrency, it is likely that Bitcoin (BTC) also inspired this trend of anonymity, with many projects to this day still having anonymous teams.

However, many cryptocurrency projects are now choosing to reject this, choosing to be public with their identities and connections to their projects. This is what is known as a doxxed team, a team whose identities are known, rather than obfuscated by the anonymity afforded by crypto.

Three tokens with doxxed teams are Xchange Monster (MXCH), Ethereum (ETH) and Dogecoin (DOGE). There are several benefits to this, each unique to these platforms. 

Dogecoin (DOGE) and Fame Through Foundation

As the original meme token, Dogecoin (DOGE) has been able to climb the cryptocurrency charts over the years it has been available and has become a staple of the market. 

The creators of Dogecoin (DOGE), Billy Markus and Jackson Palmer, have therefore been able to reap the benefits not only financially, but socially, being the faces and originators of the incredibly lucrative meme coin market. 

Frequently, their tweets and opinions become top news in crypto reporting circles, with their voices able to be loud and prominent factors in the market. This is something not afforded to most crypto creators, as their anonymity makes processes like interviews challenging.

It is a unique position to be in, and one only afforded to doxxed teams. 

Xchange Monster (MXCH) And Proof of Experience

While many new crypto projects will employ a team of experienced, well-versed developers, with anonymity, there is little that can be done to prove this. Without a name attached to their work, it is impossible to show an individual's track record, which may, in turn, lead to doubts over the legitimacy of these start-up projects.

In the case of Xchange Monster (MXCH), a gaming exchange platform that has recently made its appearance known on the market, has a completely doxxed team, giving validation to their credentials and peace of mind to new users and potential investors regarding the validity of the project. This is something crucial for new projects, which allows them to stand out from other projects hidden behind anonymity. 

For proof of this, look no further than Xchange Monster CTO Adrian Linde

Adrian Linde has over twenty-three years of experience leading teams in software engineering and global payment technology, having joined the Xchange Monster team after working with tech giant Amazon. This level of experience is not something found on every crypto team, and even when it is, there is a chance of this being disputable when team anonymity is involved.

By being a doxxed team, the talent held by Adrian Linde as well as the rest of the team can be fully emphasised, showing the power behind the project and proof that the project can and will deliver on the goals they have set out for. Through being a doxxed team, there is no room for vapourware in the project's offerings, providing peace of mind for investors and anticipation for interested users. 

So, for a gaming platform with real potential, be sure to check out Xchange Monster (MXCH).

Ethereum (ETH) and Inspiration Through Identity

Most industries have figureheads, from Mark Zuckerberg being the face of social media to Steve Jobs being the face of modern computing. Individuals, with iconic appearances and big roles in their industry, can become synonymous with the industry itself, however with the anonymity of crypto, many potential figureheads lose out on the opportunity.

This is why it can be argued that Vitalik Buterin, co-founder of Ethereum (ETH) and vocal crypto enthusiast, has become the face of modern cryptocurrency, due to his connection with the second-largest token and vibrant personality.

Ethereum’s (ETH) choice to have a doxxed team, combined with its success in the market, means that those high in the organisation's leadership will be seen as figureheads, often cited as inspiring those looking to get into cryptocurrency or who are aspiring to launch their own projects. 

It allows those in these positions to become mythologised by the crypto community, and thus, play into the ideas of the organisation. Vitalik Buterin is an intelligent and innovative man, which in turn, suggests that Ethereum (ETH) will also intelligently innovate the crypto market.

It is a unique position to be in, but one only achievable without anonymity. 

Presale: https://xchangemonster.boostx.finance/register 

Website: https://xchangemonster.com/

Discord: https://discord.gg/M5hu5HwbeJ 

Telegram: https://t.me/xchangemonsterofficial 

Twitter: https://twitter.com/Xchange_Monster 

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

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Published: 23 Jun 2022, 07:32 PM IST
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