Currency name: Kredits
Ticker: XKR
Codebase: Monero
Algo: Cryptonight TRTL-v2
Total coin supply: 100 billion XKR


Better Blockchain Privacy

Financial innovation requires solid security to establish confidentiality for all transactions. Leveraging CryptoNote-evolved blockchain technology, Kredits XKR provides best-of-breed transaction privacy out of the box.

Ease-of-Use Value Stacking

With the launch of XKR's platform 2.0, value is stacked to the network by aggregating Account ID chaining which makes Kredits XKR transactions as easy as sending emails and texts, complete with dynamic on-the-fly account creation in realtime.

Safer Store of Value

Inflation-proof, Kredits XKR moves to an enhanced store of value with platform 3.0 which leverages the XKR hybrid Currency Board model to provides stablecoin features for further facilitating use-case adoption.


Kredits [XKR] - the smarter community crypto

KREDITS is the pay-it-forward cryptocurrency, combining the privacy of Monero with the ease-of-use of PayPal. Decentralized and 100% community-driven, Kredits is engineered to make crypto onboarding smarter, lighter and easier.

Block Rewards

Instead of financing the project through a premine or a fee that goes to developers, the miners who secure the Kredits XKR network jointly contribute to its continued, sustained growth through a sliding-scale minority portion of each block reward: a unique growth percentage that is hardcoded into the protocol. Every time new XKRs are mined into circulation, coins are also shared with the stakeholder-governed Community Growth Fund which exists to support and grow the Kredits XKR userbase and ecosystem.

5% (sliding scale)


Kredits XKR has an active community spanning hundreds of members on a variety of platforms and social networks, so if you don't find your answers here please join us in the online discussions.

The world doesn't need another cryptocurrency; it needs a BETTER cryptocurrency. Kredits XKR evolved from a community takeover of a previous coin, KGH, which suffered from many of the typical failures shared by the majority of blockchain startups. After taking over the development of the project, a community discussion identified its weak points and failures. Accumulating the experience and input of a collection of skilled blockchain veterans, consensus then emerged on how to instead reboot the project as the best-possible crypto. The result: Kredits, with its new ticker code XKR.

No, none: Kredits has ZERO premine. The coin merely has a core Genesis block equivalent to 10% of the already-mined coins of its origin project, KGH, which were swapped for XKR at a 10:1 rate (effectively burning 90% of circulating currency). By community consensus, unclaimed coins provided the initial funding for the Community Growth Fund.

The core codebase which powers Kredits XKR is entirely 100% Open Source and will always stay that way. Our community of developers and contributors collaborate to continually make the entire core software available on Github for code inspection, issues and pull requests. Kredits XKR is a non-profit community-developed cryptocurrency which is driven by a group of volunteers and which has no corporate ownership. The coin and its code is "owned" by the community as a whole: All users are stakeholders in the coin. Once you own XKR, you automatically own part of the project.

Instead of a premine or development fee, a minority portion of each block reward is shared with a stakeholder-governed COMMUNITY GROWTH FUND where decisions are made transparently and by consensus regarding which tasks and work projects to prioritize. In the first phase, the Community Growth Fund pays for development work and exchange listings. In its second phase, the Community Growth Fund will subsidize exponential onboarding growth, including "pay-it-forward" rewards to incentivize user mass adoption. In its third phase, funds will be earmarked for actively managing the value of XKR under the hybrid Currency Board model which provides stablecoin features and facilitates enhanced use-case adoption. At all times, infrastructure maintenance and core development continue to be funded as well.

Kredits XKR has both a WHITEPAPER and a TECHPAPER. The Whitepaper lays out the shared vision and community's plans for the project while the Techpaper explains the cryptography and all the rest that happens under the hood. Links to PDF downloads are in the footer of this page. Reading both papers, you'll see what makes Kredits XKR different and how XKR brings the blockchain to another level. When you're done reading, go ahead check out our ROADMAP, too, and discover how we plan to execute.

Starting from a Mobile-First perspective, the aim of Kredits XKR is to make private cryptocurrency as easy and accessible as possible. Lighter and easier crypto onboarding means fewer hurdles in growing the user base and achieving network effect. As its core innovation, Kredits XKR opted for no premine or dev fee but instead for ongoing growth financing via an open and transparent Community Growth Fund which is financed by a share of the block reward which is earned by the miners who help secure the network. In phase 1, these funds cover development and roll-out expenses, while in phase 2 a portion will also be dedicated to another Kredits Core Innovation, which is the "pay-it-forward" onboarding strategy whereby existing users earn Kredits for introducing new users and sending payments to them.

Kredits XKR follows a staggered release schedule where upgrades and extentions to the platform are implemented on a yearly or bi-yearly basis. This open source "ship early, ship often" model guarantees that community-driven enhancements are added continually to the network and ensures that the platform remains at the leading edge of new crypto developments. Three planned releases are already scheduled in the coin's roadmap, with the first currently on testnet and launching live on mainnet June 15, 2019.

A viralizing onboarding strategy consisting of early adopters sending coins to new users pay-it-forward network growth effect has been extremely effective at mobilizing, integrating and motivating an international and dynamic participation and kickstarting nascent crypto communities to let them overcome the initial network effect hurdle. Starting with release ver 2.0 of the Kredits XKR platform, account holders who send XKR to new users will earn XKR back as a reward for their help in growing the userbase of the network: The more you spend, the more you earn. The cost of this "pay-it-forward" incentive is covered by holdings of the Kredits XKR Community Growth Fund.

Kredits XKR can currently best be described as a "future stablecoin": During its growth phase, value fluctuations are expected and acceptable, however, with the introduction of platform release version 3.0, Kredits XKR will adopt a set of stablecoin features in order to anchor its price to a rate which makes the currency both a consistent store of value and a more reliable currency for day-to-day transactions by minimizing or eliminating exchange rate volatility. This will be achieved through a hybrid Currency Board model financed by the continuous block rewards funding of the coin's stakeholder-governed Community Growth Fund.

Earn Kredits, buy Kredits or mine your own Kredits: Kredits XKR can be mined by anyone with a CPU or GPU or bought either OTC or via exchanges (to be announced). You can also earn Kredits online, either by receiving payments or earning Kredits as loyalty-points from participating partners, and get some XKR from the Kredits coinfaucet. And get your wallet now so you'll be ready for the upcoming launch of the Kredits "pay-it-forward": The more you spend, the more you earn!