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Home CRYPTO

Ethereum-Based BTCX Token Secures $1.5 Million to Build the World’s First Xin Blockchain

by BlockNews Team
August 18, 2023
in CRYPTO, FINANCE, MEDIA
Reading Time: 3 mins read
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  • BTCX Token secures $1.5 million in pre-seed and seed funding with a $10 million valuation to revolutionize the cryptocurrency market by addressing inefficiencies and challenges.
  • Inspired by Twitter’s rebranding and Elon Musk’s influence, BTCX Token aims to upgrade Bitcoin with hyper-deflationary features, combating volatility, inefficiency, scalability, and sustainability issues.

BTCX Token, an innovative platform inspired by Twitter’s rebranding and Elon Musk’s visionary influence, has raised $1.5 million in pre-seed and seed funding to address inefficiencies in the cryptocurrency market.

BTCX Token aims to redefine the future of cryptocurrency by upgrading Bitcoin by introducing hyper-deflationary features, addressing key challenges such as volatility, inefficiency, scalability, and sustainability.

With a $10 million valuation, the just concluded funding is backed by prominent names in the industry by following the steps of the early-staged Bitcoin, allowing BTCX Token to fully enhance its technological foundation and expand both within and outside the crypto ecosystem. The participation of experienced Advisory Board members ensures that BTCX Token will cement its innovative presence in the market.

BTCX Token’s notable approach in the form of the combustion model represents a systematic means of controlling supply. It creates scarcity that drives value by permanently reducing the circulating supply through burning, echoing transformative moves by tech titans and industry leaders. Unlike arbitrary burning mechanisms, BTCX Token’s strategy carefully aligns with its core ideology, resulting in a stable and thriving cryptocurrency ecosystem that promises future growth.

BTCX Token also introduces a novel staking concept, allowing investors to earn BTCX tokens passively by holding them using BTCX’s disrupting algorithm. This democratization and simplification of staking is a significant step forward, distinguishing it from more traditional and volatile avenues.

BTCX Token aligns user interests with network growth by rewarding stakeholders, resulting in a mutually beneficial environment. This alignment of incentives encourages community participation and engagement, which is essential for long-term success in the rapidly changing crypto world.

BTCX Token’s Tokenomics are intricately woven into its design, ensuring long-term viability and a deep commitment to growth. With a total supply of 21,000,000 BTCX Token, the structure includes 5,250,000 presales BTCX Token, 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 Token presale allowed investors to purchase at attractive prices, reflecting the community’s faith in this ground-breaking project.

BTCX Token demonstrates adaptability, which is essential in the rapidly changing crypto landscape, by staying tuned in to market needs and trends.

The platform’s ideology is deeply rooted in inspiration and innovation, and it is set to pave the way for the next Bitcoin era, offering solutions, opportunities, and a future vision. By focusing on adaptability, performance, and security, BTCX Token connects diverse liquidity hubs without fragmentation, ensuring relevance and resilience. The revolution has begun, and BTCX Token is at the forefront of it.

After months of development and testing, the BTCX Token is ready to write a new chapter in crypto history, representing a paradigm shift in thinking and evolution in the crypto space. BTCX Token is more than just a new Token; it’s the start of a new era.

About BTCX Token

BTCX Token is more than just a cryptocurrency; it represents a paradigm shift and an evolution fueled by innovative leadership. BTCX Token is poised to pave the way for the next Bitcoin era by addressing industry needs and introducing innovations in staking, combustion, and presale strategies.

Tags: BTCXethereumXin Blockchain
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