Introducing BabyX
BabyXape (BABYX) is designed to be a dividend token that offers rewards in BULLISH (native token of BullishApes), as it is the second project from the BullishApes team. With plans to become the next most popular and ‘bullish’ token, BABYX has conceptualised strong token utility and marketing activities over the next few months. Currently in development, BabyXape is working hard on the X List Platform, which functions as an aggregator-cum-encyclopaedia, containing all the amazing and outstanding new projects in one place. This function will allow users to conveniently learn more about new projects and for new projects to promote on X List.
Apart from X List, BabyXape will also start an education platform, named Solidity Educate. With courses provided for experienced or new users, it functions as a platform for users to educate themselves on how to analyse smart contracts and their functions using Solidity. The main purpose would be to increase the level of blockchain for users as scams and malicious projects are becoming more prevalent.
BABYX Token Overview
Total Supply: 100,000,000,000
Transaction Tax: 11% (5% distributed to BABYX holders in BULLISH, 1% goes to liquidity, 5% marketing services)
Launch Date: 31 Oct 2021
Coinstore Listing: 12 November 2021, 14:00 (UTC+8)
Token Utility of BABYX
Developed as a native dividend token on BabyXape, users will be able to receive rewards in BULLISH for every transaction made using BABYX. Regardless of a purchase or sale transaction of BABYX, 5% of the transaction tax is automatically redistributed to BABYX holders in BULLISH every 3 hours, the amount you receive will be in proportion to the total supply you own.
At the time of writing, each BABYX token is valued at 0.000009514~ USDT. With BabyXape unique in-built platform functions, providing several real-life utilities to their users, BabyXape is expected to gain immense traction and adoption worldwide.
A Deep-dive into BABYX’s Tokenomics
BABYX’s total token supply is 100,000,000,000, with 5% of every BABYX transaction given out to BABYX holders. BABYX’s tokenomics are as such:
- 44% tokens used for liquidity on Pinksale (locked for 1 year)
- 50% tokens are burnt initially
- 5% tokens used for marketing activities
- 1% tokens used for manual buyback after BABYX price dips when pre-sale BABYX are dumped
For every transaction, 5% will be directed into a pool for redistribution rewards for BABYX holders. BABYX holders and users will automatically see rewards in BULLISH when they sell 1 BABYX or wait till they get accumulated.
BabyXape’s Upcoming Roadmap
Fully focused in developing the X List Platform, the BabyXape team is expecting the X List platform launch to be the next big thing after their launch on Coinstore at 12 November 2021, 14:00 (UTC+8). Partnerships with influencers and BabyXape merchandise are also underway, together with their Solidity Educate platform.
BabyXape Official Channels
Website: https://babyxape.com/
Telegram: https://t.me/babyxape
Twitter: https://twitter.com/BabyXape
Get $BABYX on Coinstore: https://www.coinstore.com/#/spot/BABYXUSDT
Download the Coinstore app: https://www.coinstore.com
About Coinstore
Coinstore’s goal is to advance the crypto industry to the next level and provide access to popular digital assets to the mainstream public. Encompassing a whole new concept of “fun” in finance, Coinstore plans to make digital assets available for everyone. Still in the early stages, Coinstore welcomes community members and interested influencer partners to collaborate in the up-and-coming stages.
Media Contact:
Charles Tan, Marketing Head, Coinstore
charles@coinstore.com
Liu Yi Yun, Branding Executive, Coinstore
yiyun@coinstore.com
Coinstore Social Media:
Twitter: https://twitter.com/coinstore_en
Telegram Discussion Group：https://t.me/coinstore_english
Telegram Announcement Channel：https://t.me/coinstore_global
Facebook: https://www.facebook.com/coinstore.en/
Website: https://www.coinstore.com
Discord: https://discord.gg/KKHtHa4KPX
Instagram: https://www.instagram.com/coinstore_exchange/
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
