Tokenomics
Overview of the token economics of $ALTX
Last updated
Overview of the token economics of $ALTX
Last updated
Particulars | |
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Utility: The $ALTX token is used as the primary payment method within the Altswitch ecosystem, providing users with a quick, easy and affordable means of payment. It also powers the decentralized cashback system which is unique to Altswitch, providing additional value and benefits to both enterprises and individual token holders. Scarcity: The $ALTX token has a fixed supply cap of 400 million tokens, making it limited and exclusive. The token's value is enhanced by its fixed supply, deflationary nature through manual buyback & burn, a method to limit supply and boost scarcity over time. Demand: The $ALTX token has the potential to generate a high demand as more enterprises and individuals use Altswitch's payment infrastructure to accept and transact in cryptocurrencies. As the ecosystem grows and the adoption of cryptocurrencies continues to expand, the demand for $ALTX is expected to increase, contributing to its value proposition. Governance: Holders of the $ALTX token can vote on its DAO Infrastructure and upgrades, including fund allocation, feature implementation, and ecosystem expansion plans. $ALTX holders can directly influence Altswitch Ecosystem development. Altswitch's affiliate program compensates investors for promoting the token and ecosystem. The referrer receives a share of the trade fee when someone buys $ALTX. This encourages and incentivizes investors to support the Altswitch ecosystem, which sustains user growth and $ALTX demand. $ALTX's decentralized cashback system, deflationary token model, universal rewards protocol, governance rights for holders, and affiliate program to incentivize ecosystem expansion make it a valuable and practical payment option. Altswitch's ecosystem and user base are likely to develop, improving $ALTX's worth addressing all key benefits for investors, consumers, and enterprises.
Current stage: ALTX Token development is at 95% completion to reach Arbitrum One mainnet deployment. This is the remaining requirement to start disbursing for Private Presale round investors.
Particulars | Percentage | Token Amount | Period |
---|---|---|---|
Particulars | Private Presale | Public Presale | Listing Sale |
---|---|---|---|
Presale & Liquidity
22.05%
88,189,200
TGE 100%
Private Sale
15.00%
60,000,000
TGE 10%; Vested per Quarter, 2 year cycle
V1 Holders
5.40%
21,591,360
Optional Vested 1 year cycle
Advisors
2.00%
8,000,000
Locked 30th and 60th day
Marketing
5.00%
20,000,000
For utilization
Partnerships
2.50%
10,000,000
For utilization
CEX Listing Reserves
15.00%
60,000,000
Locked 30 Days
Ecosystem Reserves
12.06%
48,219,440
Vested per Semi-Annual, 2 years cycle
Ecosystem Rewards
5.00%
20,000,000
For utilization
Developer Incentives Program
5.00%
20,000,000
Vested for Bounty Grants
Staking Pool Incentives
4.00%
16,000,000
Vested 2 years cycle
Team
7.00%
28,000,000
Vested per Quarter, 2 years cycle
Total supply
100%
400,00,000
ALTX per ETH
240,000
200,000
180,000
Conditions
Vested by Multi-Yield Locks
Vested
None
Eligibility
VC, Angels, Heads of Community or Organization
Whitelisting Winners
Public
Hardcap
500K USD
300 ETH
-
Minimum
0.5 ETH
0.01 ETH
-
Maximum
-
10 ETH
-
Listing Difference
20%
10%
-
Token Name
Altswitch
Symbol
ALTX
Contract Address
TBA
Decimals
9
Max Supply
400,000,000
Token Type
Payment Form, Utility, Governance
Blockchain
Arbitrum One, BNB Chain
Token Audit
Waiting for the final testnet
Transaction Fees
0 Swap Fees