Token Info

REDX is issued according to the TON standard with a maximum supply of 10 billion tokens. It is implemented as a token with burning capabilities as needed. The token is designed for multi-chain compatibility, considering future bridges to other blockchains.

REDX Token basic information

• Token Name : REDX

• Ticker Code : TBD

• Chain : TON

• Contract Address : TBD

• Max Supply : 10,000,000,000.

Allocation

The allocation of token REDX is designed to ensure the sustainability and growth of the RED X project, with appropriate vesting conditions set to encourage long-term involvement and commitment from each stakeholder. (*The allocation is as of August 28, 2024, and may change as the project progresses.)

Ecosystem (45%)

Tokens allocated for the ecosystem are intended to support the project's long-term growth and sustainability. These tokens are used for buying and selling within the service, user rewards, staking incentives, community events, and are also utilized for future content development and as a reserve for RED X.

Marketing（20%）

Marketing tokens will be used for the sale of NFTs, increasing brand awareness, expanding the user base, supporting exchange listings, and promotional activities. These tokens will be gradually unlocked over a period of 28 months after the project launch.

Exchanges *liquidity provision（10%）

Tokens designated for exchange will be allocated to provide liquidity for RED X, with up to 1% released to the market each month. The supply will vary according to market conditions and supply-demand dynamics.

Team（10%）

Team tokens are provided to reward the efforts and contributions of the project team. These tokens have a vesting period of 70 months, with the first 3 months locked, and then released evenly over the following 67 months.

Partner（10%）

Partner tokens are allocated to encourage and reward partnerships for strategic collaboration and ecosystem expansion. These tokens will be gradually unlocked over a maximum period of 67 months.

Development（5%）

The tokens will be used for research and development of new technologies, product improvements, and future upgrades. These tokens will be gradually unlocked over a maximum of 30 months.