What is BurnX 2.0 (BURNX20) ?
BurnX 2.0 (BURNX20) On July 2nd 2021, BurnX launched as BurnX 2.0, and an innovative, dynamic, forward-thinking crypto contender was born, unleashing a powerhouse of sustainable charity-centric utility combined with investor friendly DeFi mechanics, or as the like to say, #ShareFi on fire!
BurnX 2.0 (BURNX20) The project aims to position itself as one of the top charity tokens in the mid-big caps, and one that appeals not just to a crypto audience but also a real world mainstream audience, with heavily publicized charitable events being the supportive bridge between the two
BurnX 2.0 (BURNX20) Storage Key Points
|Coin Name||BurnX 2.0|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
BurnX 2.0 (BURNX20) Sustainable growth is greatly aided by utilizing smart, robust financial mechanics, in particular a trade tax system where a 10% tax is charged per trade (buy or sell) of the BURNX20 token. This tax enables:
Funding of the Ecosystem Wallet. 2% of each trade is transferred as ETH to the project Ecosystem Wallet, covering charitable donations and marketing costs on a variable 50/50 split basis (dependant on current project requirements).
BurnX 2.0 (BURNX20) 4% of each trade contributes towards the automatic injection of liquidity, helping to support a more stable price floor. The greater the liquidity, the lower the price impact, the stronger the foundation, the more constant the returns.
BurnX 2.0 (BURNX20) a passive form of staking whereby 4% of each trade is distributed amongst existing holders. In other words, investors earn rewards by simply holding, watching their BURNX20 balance increase indefinitely in their wallets.
Finally, during the auto-liquidity process a percentage of the circulating supply is irreparably burned, making BURNX20 deflationary and thereby increasing its scarcity over time.
BurnX 2.0 (BURNX20) core, most treasured utility is the funding of recurring donations to good causes, as mostly nominated then selected by the community themselves. Throughout each month, multiple donations will be made to a wide range of charities, funded by the charity portion of the Ecosystem Wallet.
For certain donations, heavily publicized events will be held via the BurnX 2.0 Telegram channel where a charity representative, a BurnX 2.0 host and its community, plus any new members/supporters invited by the charity themselves, will be able to participate in a quick AMA (Ask Me Anything) session where the charity’s history, goals, achievements are discussed.
BurnX 2.0 (BURNX20) An ambassador’s role is to shine a spotlight on the project, its charitable donations and events, and its community. To invite their mainstream audiences to participate and share in the goodwill.
My Good Cause Programmed
BurnX 2.0 (BURNX20) My Good Cause is a service currently being architected that once complete will incentivize influencers (individuals or organizations) to run their own fundraising campaigns via the BurnX 2.0 platform.
After the influencer has chosen their charity, a three day period of promotion begins where the influencer encourages their audience to invest in BurnX 2.0 in order to help increase the charity portion of the Ecosystem Wallet (50% funds charity, 50% funds marketing)
After which, the donation is made, an AMA event is held, and the influencer receives 30% of the marketing fund (not the charity fund) generated during that trading period, with the remaining 20% retained by BurnX 2.0 for future marketing.
BurnX 2.0 (BURNX20) NFT’s As project milestones are met, unique and collectible NFT’s will be airdropped to BurnX 2.0 holders. These NFT’s will be themed upon BurnX 2.0’s utility, its goals and achievements, the community, and crazy crypto itself. In addition, single special edition NFT’s will be publicly auctioned via NFT marketplaces, with 100% of the sales commission used to further donate to good causes.