Is XCN on Ethereum?

Excuse me, could you please clarify something for me? I've been hearing a lot about XCN recently, and I'm wondering if it's based on the Ethereum blockchain. I'm trying to understand the technology behind it and where it fits in the broader cryptocurrency landscape. Could you provide some insight into whether XCN is indeed an Ethereum-based token or if it operates on a different platform? Your expertise in this area would be greatly appreciated.