Xbits Tokenomics
XBits Utility Token.
The function of this token will be used as a currency to pay for goods and services within the Xtrades and CryptoTraders platforms, as well as membership fees. These platforms are dedicated to providing trader to trader interaction and information sharing. We will leverage the laws of supply and demand to create an increase in price on the Xbits token. With the usage of Token Burns, Staking, Supply Lock Ups, and Holder and Spending Benefits, the Supply and Demand will lean towards having more demand than the supply available.
Tokenomics
40% -> Token Investors 27% -> Locked Token Bank / Ecosystem Bank 15% -> Shareholders 10% > Presale Investors 3%-5% -> ICO Planners and Developers 3% -> Xtrades Top Earners
Staked XBits would provide benefits.
Staking Rules
When a person cancels a stake, they lose a % of their entire balance
A 12 day period is required before the stake is released into balance
Staking Benefits:
Tiered increased Referral Cash Earnings and Bonuses
Tiered Higher Earnings for Xhub Contributions, Coaching, and more
Membership Fee Discount
Reduced Fees
Earn a Percentage of Platform Income for both CT and XT.
Token Buy and Locks
Xtrades and CT will use 15% of all Gross Revenues generated to buy Xbits off of the market and lock them up for a 12 year period. 5% of income will be distributed towards high number stakers.
Once the 12 year period is reached, the locked Xbits will be released back into the company to fund operations, price-boost marketing, and growth on a monthly, tiering basis of total amount over 36 months, divided monthly.
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