Tokenomics
Overview of the token economics of $ALTX
Token Information
| Particulars | |
|---|---|
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 |
Distribution & Vesting
| Particulars | Percentage | Token Amount | Period |
|---|---|---|---|
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 |
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.
Token Sale Stages & Comparison
| Particulars | Private Presale | Public Presale | Listing Sale |
|---|---|---|---|
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% | - |
Funding Roadmap
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.
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