For many investors, staking tokens like Solana and Tron have been a way to generate passive income. A new project, BlockchainFX ($BFX), is being presented as an alternative option, having reported more than $6 million in presale sales. The project’s developers are highlighting its staking model and multi-asset trading ecosystem as key features.
A Staking Model Built on Trading Revenue
BlockchainFX’s staking framework differs from some other networks. Instead of distributing rewards through newly created tokens, the project’s developers state that they will redistribute trading fees collected on their platform back to the community. The developers note that 70% of the trading fees are to be allocated to a staking pool, buybacks, and token burns.
The article states that 50% of these collected fees are to be distributed to BFX token holders who stake their tokens, with rewards provided in both BFX and USDT. An additional 20% of the fees are intended to be used for daily buybacks of BFX tokens, with half of the bought-back tokens being permanently removed from circulation. Rewards are said to be based on the amount of BFX held, with a daily cap on USDT payouts.
The BlockchainFX Presale
The project’s presale has surpassed $6 million in sales, which is presented as a sign of growing investor confidence. The token is currently priced at $0.02, with a target launch price of $0.05. The article mentions a limited-time offer where investors can receive a 35% bonus on BFX tokens by using the code AUG35. The presale’s tiered pricing model is intended to encourage early participation.
The Aim for a “Super App”
BlockchainFX is being developed as a trading platform that aims to give users access to multiple asset classes from a single interface. The goal is for users to be able to trade cryptocurrencies as well as traditional financial assets like stocks, forex, and ETFs. The project’s developers view this multi-asset approach as a way to merge traditional finance with the world of crypto.
Utility with a Visa Card
The project has introduced a presale-exclusive Visa Card, which will be available in different versions. The card’s developers state that it will allow holders to top up with BFX and over 20 other cryptocurrencies, with a transaction limit of up to $100,000 per purchase and monthly ATM withdrawals capped at $10,000. Additionally, rewards from staking in both BFX and USDT can be spent directly using the card, providing a link between digital earnings and real-world spending. The card is only available during the presale phase.
Conclusion
Solana and Tron have established themselves as prominent staking platforms, but BlockchainFX is positioning itself with a different approach. The project’s developers highlight its staking model, which is tied to trading fees, as well as its plans for a multi-asset trading platform and a Visa card with real-world utility. With its reported presale success and stated features, BlockchainFX is being presented as a comprehensive financial ecosystem.
Website: https://blockchainfx.com/
X: https://x.com/BlockchainFXcom
Telegram Chat:https://t.me/blockchainfx_chat
Disclaimer: This content is a paid advertisement and is not financial advice. The content below is for informational purposes only. Readers should be aware that the cryptocurrency market is highly volatile, and all investments carry a significant risk of loss.
What’s your Reaction?
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0
