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NonFungibleX
  • ๐Ÿ’ฌTelegram
  • ๐ŸฆTwitter
  • ๐ŸŽ™๏ธ1.Introduction
    • ๐Ÿ”ฎBackground and Mission
    • โš™๏ธNONX Products
    • ๐ŸขBased in Dubai
    • ๐Ÿ”งProblem to solve
  • ๐Ÿ–ฅ๏ธ2.Upcoming Blockchains
    • ๐Ÿ–ฅ๏ธIntroduction
    • ๐Ÿ’™Arbitrum Network
    • ๐Ÿ’œZKSync Network
    • ๐ŸงกBitcoin Network
  • ๐Ÿ›ก๏ธ3.Technology
    • ๐Ÿ’ปDetailed explanation
    • ๐Ÿง‘โ€๐Ÿ’ปThe Technology Behind
    • ๐Ÿ“ˆComparison
  • ๐Ÿ–ผ๏ธ4.Products
    • ๐ŸŸขOverview
    • โ›๏ธWebsitebuilder
    • ๐Ÿ”งPlug-in Marketplace
    • โš—๏ธLiquidity Bootstrapping Pools (LBPs)
    • ๐ŸŽจUnique NFT Collection
  • ๐Ÿ’น5.Token Economics
    • ๐Ÿช™NonFungibleX Token
    • ๐ŸŒช๏ธToken Distribution
    • ๐Ÿ‘›Token Holder Benefits
  • ๐Ÿ“ฉ6.Use Cases
    • ๐Ÿ–Œ๏ธCreators, Investors, and Collectors
    • ๐ŸŽจOrdinalsX NFTs
  • ๐Ÿ›ฃ๏ธ7.Roadmap
    • ๐Ÿ—บ๏ธTimeline of the Project
    • โš™๏ธExplanation of the Roadmap
  • โœ…8.Team
    • ๐Ÿง‘Introduction
    • ๐ŸงExplanation of the Team
  • ๐Ÿ“ƒ9. Conclusion
  • ๐ŸŒŸUnique Selling Points
  • โญNONX Potential
  • โœจSlot
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  1. 5.Token Economics

NonFungibleX Token

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Last updated 2 years ago

The NonFungibleX ($NONX) token is an essential component of the NonFungibleX ecosystem, providing users with various benefits and utilities. One of the primary use cases of $NONX is staking. By staking $NONX tokens, users can earn passive income through NonFungibleX's innovative farming platform, which offers high APY for staking. The more $NONX tokens a user stakes, the more they can earn.

Another key utility of the $NONX token is revenue sharing. A portion of the fees generated by NonFungibleX's products and services, including the marketplace, website builder, and INO launchpad, are distributed among $NONX token holders as a form of passive income. This feature provides an incentive for users to hold $NONX tokens, as they can benefit from the project's success.

In addition to staking and revenue sharing, $NONX tokens also provide access to exclusive features and reduced fees on the NonFungibleX platform. For example, only $NONX token holders are eligible for reduced trading fees on the NonFungibleX marketplace. Furthermore, $NONX token holders can participate in governance by voting on proposals and changes to the platform.

$NONX Tokenomics: The total supply of $NONX tokens is 10,000,000,000. There is no tax on buying $NONX tokens, but a 6% sell tax is applicable. 2% of the tax goes towards development and marketing, 1% towards buybacks, and 1% towards burning tokens. Benefits of holding $NONX tokens include staking and revenue sharing.

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