Ethereum-based BTCX Token raises $1.5 million
Granite city, U.S. Outlying Islands, Aug. 14, 2023, Chainwire
BTCX Token, a platform inspired by Twitter’s rebranding and Elon Musk’s influence, has secured $1.5 million in pre-seed and seed funding to address inefficiencies in the crypto market.
Intending to upgrade Bitcoin by introducing hyper-deflationary features, BTCX Token seeks to redefine the future of cryptocurrency, tackling key challenges such as volatility, inefficiency, scalability, and sustainability.
The recent funding round, valuing the platform at $10 million, was backed by industry leaders, allowing BTCX Token to strengthen its technology and expand its reach within and beyond the cryptocurrency ecosystem. The involvement of experienced Advisory Board members ensures BTCX Token’s innovative presence in the market.
BTCX Token’s combustion model systematically controls supply by permanently reducing the circulating supply through burning. Subsequently, it creates scarcity and drives value, echoing moves by tech giants and industry leaders.
Unlike arbitrary burning mechanisms, BTCX Token’s strategy aims to align with its core ideology, crafting a stable ecosystem.
The BTCX Token introduces a unique staking concept, allowing investors to passively earn BTCX tokens by holding them with BTCX’s algorithm. This simplifies and democratizes staking, setting it apart from traditional and volatile methods.
By rewarding stakers, BTCX Token aligns user interests with network growth, creating a mutually beneficial environment. This alignment of incentives fosters community participation and engagement, a crucial factor for enduring success in the rapidly changing crypto world.
BTCX Token tokenomics is designed for long-term viability and growth.
With a total supply of 21,000,000 BTCX Token, the structure includes 5,250,000 BTCX Token for presale, 8,610,000 BTCX Token for burning, 5,040,000 BTCX Token as a reward for staking, and 2,100,000 BTCX Token for liquidity.
The BTCX Token presale demonstrates the project’s pioneering nature and adaptability to market trends in the rapidly evolving crypto landscape.
The platform’s ideology is rooted in inspiration and innovation. It aims to pave the way for the next Bitcoin era, offering solutions, opportunities, and a vision for the future.
By focusing on adaptability, security, and performance, BTCX Token connects diverse liquidity hubs without fragmentation, ensuring relevance and resilience. The revolution has begun, and BTCX Token is leading the charge.
After months of development and testing, BTCX Token is ready to embark on a new chapter in crypto history, signifying a leap in thinking and evolution.
As the project’s public mainnet is set to open, the world watches with anticipation, recognizing BTCX Token as more than just a new Token; it’s the beginning of a new era.
For more information about BTCX Token, please visit: BTCX.IO
About BTCX Token
BTCX Token represents a shift in ideology, introducing innovative staking, combustion, and presale strategies to address industry needs and pave the way for the next Bitcoin era.
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Mason Callahan
Bitcoin Xin
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