Marvellex Classic PriceMLXCInactive

What is Marvellex Classic (MLXC)?

Marvellex Classic (MLXC) is a digital loyalty coin powered by the Marvellex Blockchain, a network built as a fork of the Ethereum blockchain. The project positions itself as the "1st Blockchain based Loyalty Coin" and describes its mission as being "the door to secure blockchain based trading." Marvellex Classic launched on 2022-12-21 per the CoinMarketCap registry; its CoinMarketCap listing date is 2023-03-28. The token operates on the Marvellex Blockchain, which complies with the Ethereum Virtual Machine (EVM), allowing it to support a wide range of applications including crypto tokens, games, payment systems, and IT projects. The project aimed to create a decentralized network with intrinsic value not tied entirely to technology and community, similar to Bitcoin and Ethereum. Marvellex Classic has a total supply of 650,000,000,000 MLXC and a maximum supply of 700,000,000,000 MLXC. The project self-reports a circulating supply of 38,094,001,115, though this figure has not been verified by the CoinMarketCap team. Per CoinMarketCap registry data, the project's market cap is listed as 0 and its circulating supply is recorded as 0, while the project self-reports 38,094,001,115 MLXC in circulation.

Key Specifications & Tokenomics

• Name: Marvellex Classic
• Ticker/Symbol: MLXC
• Blockchain: Marvellex Blockchain — a fork of the Ethereum blockchain
• Consensus Mechanism: Proof of Staked Gold (PoSG), per the project
• EVM Compatibility: Yes
• Smart Contracts: Capable of running crypto tokens, games, payment and IT projects
• Category: Digital loyalty coin
• Total Supply: 650,000,000,000 MLXC
• Max Supply: 700,000,000,000 MLXC
• Self-Reported Circulating Supply: 38,094,001,115 MLXC
• Circulating Supply (CoinMarketCap registry): 0 MLXC, versus 38,094,001,115 MLXC self-reported by the project and not verified by the CoinMarketCap team
• Launch Year: 2022
• CoinMarketCap Listing Date: 2023-03-28
• Official Website: https://marvellex.com/
• Whitepaper: https://s3.amazonaws.com/marvellex.com/Marvellex%E2%80%93White-Paper.pdf
• CoinMarketCap ID: 24125
• Block Explorer: https://explorer.marvellex.com/
• Source Code: https://github.com/Marvellex
• Community: Telegram (https://t.me/marvellexofficialupdates), Discord (https://discord.com/invite/9hrHFyh9WU), X/Twitter (https://twitter.com/MarvellexP)

Who created Marvellex Classic?

His Highness Sheikh Saoud Bin Faisal Al Qassimi serves as Founder and Chairman, per the project's own materials. He is a Royal Family member of Ras Al Khaimah and Sharjah, states of the United Arab Emirates, with 20 years of experience working in banking and finance. The team behind Marvellex Classic includes the founder and a diverse group of technical experts, per the project's materials. Per the project, Marvellex was designed by a team of technical contributors from the UK, Germany, Pakistan, India and Turkey under the guidance of the founder, who is described as a crypto early adopter who has invested in Bitcoin since 2010. The website carries a copyright notice of © 2026 Marvellex Group. All Rights Reserved.

How does Marvellex Classic work?

Marvellex Classic operates on the Marvellex Blockchain, which is a fork of the Ethereum blockchain. This means it inherits Ethereum's core architecture while operating as an independent network. The blockchain complies with the Ethereum Virtual Machine (EVM), enabling developers to build and deploy decentralized applications, crypto tokens, games, payment systems, and IT projects on the network. The project chose to build on top of the Ethereum protocol to leverage the thriving development community and because Ethereum is described as a battle-hardened and reliable network that has been demonstrably secure for several years. The smart contract of Marvellex is capable of running all different kinds of applications on the Marvellex Blockchain. The project also emphasizes accessibility, noting that more than 90% of the world's population still has no access to blockchain applications and digital assets due to legal and usability challenges. Marvellex technologies are described as user-friendly and legally compliant, aiming to increase global blockchain adoption. The project states it wanted Marvellex to be a decentralized network with intrinsic value not tied entirely to its technology and community. Per the project, the Proof of Staked Gold (PoSG) mechanism stakes stable stores of value — gold, Marvellex grand stores and real estate — rather than a volatile minted token, and is described as improving energy efficiency and transaction speed while promoting decentralized governance through stakeholder influence.

What makes Marvellex Classic unique and valuable?

Marvellex Classic distinguishes itself through several key attributes. It is branded as the "1st Blockchain based Loyalty Coin," positioning it as a pioneer in combining blockchain technology with loyalty program functionality. The Marvellex Blockchain is described as "the first of its kind network that is backed by complete eco system." The project emphasizes stability by aiming to create a decentralized network with intrinsic value not tied entirely to technology and community, differentiating it from Bitcoin and Ethereum. Compatibility is another unique aspect, as the project builds on top of the Ethereum protocol and complies with the EVM, leveraging Ethereum's battle-hardened and reliable network security. Accessibility is a core value, with Marvellex technologies described as user-friendly and legally compliant, aiming to address the fact that more than 90% of the world's population lacks access to blockchain applications and digital assets. The ecosystem also includes Marvellex Gold (MLXG), a stable coin backed by gold where 1 Gram Gold equals 1 MLXG, 100% backed by gold with online custodian certificates for each coin.

What is Marvellex Classic used for?

Marvellex Classic (MLXC) functions as a digital loyalty coin within the Marvellex ecosystem. It is powered by the Marvellex Blockchain and is designed to serve as a medium for loyalty-based transactions and interactions. The token operates on a network that supports various applications including crypto tokens, games, payment systems, and IT projects. As part of the broader Marvellex Eco System, MLXC works alongside other coins such as Marvellex Gold (MLXG), a gold-backed stable coin, and Marvellex Venture. The project's stated mission is to be "the door to secure blockchain based trading," suggesting MLXC is intended for use in trading and transactional contexts within the ecosystem. Per the project, MLXC is integrated into the Marvellex Global Store as a loyalty coin, letting users earn points, rewards and discounts on products and services both on the Marvellex online store and at third-party retail outlets; holders are also eligible for discounts on the group's e-commerce platforms and receive priority access to Marvellex projects. The project also states that MLXC can be staked for potential passive income.

How Is the Marvellex ecosystem developing?

The Marvellex ecosystem includes several components. The Marvellex Eco System comprises Marvellex Classic (MLXC), Marvellex Gold (MLXG), and Marvellex Venture. Marvellex Gold is a unique stable coin backed by gold, where 1 Gram Gold equals 1 MLXG, 100% backed by gold with online custodian certificates for each coin. The project presents Marvellex Gold as a hedge against market volatility. The Marvellex Wallet has already launched and is available on both the Play Store and App Store for Android phones and iPhones. The wallet allows users to access and start using it on iPhones and Android smartphones, and it uses state-of-the-art security measures to protect information, including biometric authentication such as fingerprint or face recognition. Downloading the wallet app is described as quick and easy, requiring users to search for it in the App Store or Google Play and follow the prompts to install it. In terms of milestones, Marvellex Classic launched in 2022. In 2023, MLXC was listed on MEXC Global, where it trades in the MLXC/USDT pair; per CoinLore, this is the only exchange in its system carrying the asset, and limited market depth can make prices more sensitive to short-term fluctuations.

How to mine Marvellex Classic?

MLXC runs on the Marvellex Blockchain, an Ethereum fork that is EVM-compatible. Its consensus is Proof of Staked Gold (PoSG), as described by the project, which stakes stable stores of value such as gold, Marvellex stores and real estate rather than relying on PoW mining. The project also states that the token can be staked for potential passive income.

How to keep your Marvellex Classic Coin safe?

To keep Marvellex Classic coins safe, users can utilize the official Marvellex Wallet, which is available on both the Play Store and App Store for Android phones and iPhones. The wallet supports biometric authentication such as fingerprint or face recognition, per the project. Best practices for cryptocurrency safety include downloading wallet applications only from official app stores, enabling all available security features including biometric authentication, keeping private keys and seed phrases secure and offline, being cautious of phishing attempts and unsolicited communications, verifying official website URLs before entering any information, and regularly updating wallet software to benefit from the latest security patches. Users should also consider using hardware wallets for long-term storage of significant holdings and avoid sharing sensitive account information with anyone.

Cryptocurrency prices can be volatile, and the value of MLXC may fluctuate significantly. Regulatory policies in different jurisdictions may affect the availability and use of the token. Technical risks, including smart contract vulnerabilities and network issues, may also affect the project. Readers should conduct their own research and consider these uncertainties before engaging with the asset.