The revolutionary DXB token

 A new form of blockchain is emerging, based on delegated proof of ownership, allowing any number of nodes to securely verify transactions. One of these blockchains, Binance Smart Chain (BSC) opens the door to building new projects immediately that can offer multiple uses in terms of fast, low-cost transactions, liquidity and added value.

DXB is one of the new token-based projects that has chosen BSC to expand payment gateways, decentralized commerce and business plans. The project uses the latest developments in scalability, cross-chain transfers, and asynchronous off-chain communications to expand on the latest trends in digital asset use cases.

About the DxSale Project?

DxSale is a decentralized, cross-chain, token management platform as a service. The goal is to launch the DXB token through an initial discount sale, until it reaches a pre-defined limit. After the pre-sale, DXB distribution will only occur via PancapeSwap.

PancakeSwap is a decentralized exchange based on BSC, which provides a liquidity pool for exchanging BEP-20 tokens. PancakeSwap will generate the potential to exchange between Binance Coin (BNB) and DXB, for purposes related to the initial token sale, and for subsequent token swaps, transfers, rewards, and issuances.

Blockchain Functions

Products associated with the DXB token plan to use the blockchain for most of its implementation, including the early financial and trading stages. In the future, DXB will leverage blockchain capabilities to bridge all types of cryptocurrencies

Smart Contract

BSC is a basic blockchain that has been optimized for the creation and execution of smart contracts. This feature allows DXB to work as a token in multiple tasks, by completing smart contract conditions.

Final versions of all technologies related to the DXB token are subject to change and some level of confidentiality. However, smart contracts have been tasked with key performance elements for every cryptocurrency startup.

Those tasks include:

  • Initial token sale and issuance;
  • token fee;
  • Scheduled or sporadic burning of tokens;
  • Trading performance;
  • Events based on price forecasts;
  • Prize distribution;
  • Sales or issuance of new tokens, regular or sporadic;
  • Lock the token for a predefined duration of time;
  • Size and schedule of incentives and rewards;
  • Issuance of assets at a stable price, such as tokens with a preset value of $1.

Smart contracts are thus virtually unlimited, opening up space for new use cases and decentralized applications. Building with smart contracts can offer scalability, democratize access to tokens, and drive DXB adoption.

BUSINESS MODEL

The first digital coin, Bitcoin, was created with a single value proposition in mind – to be a cash-like asset for electronic payments. Its value lies in pseudonymous, commensurate network properties.

Later, open blockchains like Ethereum started with the idea of ​​offering space for distributed computing, generating value for miners, developers, and risk takers who create applications.

Platform Difference

Choosing a platform for token transfer is critical to the future of cryptocurrencies. The features of the underlying blockchain can make the difference between wider adoption and barriers to entry that restrict new users, businesses, and developers.

PROBLEMS/CHALLENGES

The launch of cryptocurrencies poses both general and specific challenges. On a more general side, digital coins and tokens are still experiencing image struggles regarding their potential involvement in fraud, money laundering, or other dishonest schemes. Even relatively volatile market prices are often cited as the main reason to avoid digital assets.

The cryptocurrency market is saturated with many offerings, and new projects need an edge to stand out among thousands of tokens. The ease of creating new tokens, as well as DeFi applications and trading curves, leaves potential buyers confused by the variations. Added to this is the general distrust of some of the projects, especially because of the history of carpet pulling, which is equivalent to throwing coins and destroying the market. Token-based projects also frequently experience smart contract exploitation, such as generating new, unauthorized tokens and selling them on exchanges.

Solution

Cryptocurrency solutions can be very agile through the use of the latest technology. DXB is dedicated to solving some of the key problems of using common digital assets, as well as DeFi and algorithmic trading in particular.

DXB started with the premise of avoiding as much as possible burdening new buyers with non-permanent losses. Therefore, DXB was not built with the idea of ​​“farming”. Instead, each transaction is charged a 7% fee, part of which is sent to the PancakeSwap liquidity pool. The only thing a DXB owner has to do is hold the coins, and receive a portion of the fee back, in the form of BNB tokens. We will discuss this solution further in a detailed outline of the DXB token.

TOKEN

  • Parameters for DXB:
  • Initial supply: 500,000,000,000,000 (500 trillion DXB)
  • Transaction fee: 7%, drops to 2% forever after hitting the token burning schedule goal.
  • Burning address: 0x00000000000000000000000000000000000000000
  • Standard: BSC-20
  • Network: Binance Smart Chain
  • Wallets: MetaMask, Trust Wallet, all Binance Smart Chain supporting wallets
  • Exchange: PancakeSwap

Token Sale

The DXB token sale aims to achieve an orderly, organized and democratic distribution of token fractions. The token sale will initiate the exchange of value and lay the foundations of the crypto-fueled project economy. The token sale will be accomplished through the DxSale entity. The process will start with a pre-sale of 14% of the supply. Additional tokens remaining from the pre-sale will be automatically sent to the burn address, reducing inventory even before PancakeSwap lists. The sale will also be complemented by a 10% airdrop to facilitate wider adoption.

Token Model

Beyond the technology side of tokens, perhaps the most important feature of cryptocurrency startups is tokennomics, or the token model. Tools to control supply, demand and turnover are the basis for finding market prices and increasing the real economic value of tokens.

The monthly schedule will burn the equivalent of 5% of tokens distributed to new buyers. These tokens will be retrieved from a treasury wallet created and locked specifically for this purpose. This particular wallet will have no impact on liquidity pools, liquidity providers or tokens already distributed to buyers.

Token burning will continue until the circulating supply is reduced to only 2% of the initial supply, or only 10 trillion tokens remaining from the initial 500 trillion. DXB supply will thus be locked in either the strong holder's wallet, or the PancakeSwap liquidity pool.

The remaining 30% of the BNB prize will be transferred to the project team. 10% will be used for charitable purposes to build 101 schools in disadvantaged areas.

The complex fee schedule will continue until it achieves the goal of maintaining 10% of the circulating supply in proportion to the total supply of tokens locked at various addresses. After that, the 2% fixed transaction fee will continue indefinitely. Early and lasting rewards will be key in strengthening the DXB team and adding to development and marketing achievements.

white paper

DXP pay already published their whitepaper on their site. The whitepaper contains all the information about the DXP project. The business model, challenges, services, all important project bases are properly described.

Roadmap

  • Stage 1 -Q3 2021
  • Safe & Fair launch of DXB Token
  • Initial mark & ​​LP burn
  • White Paper and Site Launch
  • Coingecko & CMC listings
  • growth
  • Community
  • Social Media marketing campaign
  • Use Case Development

Stage 2 - Q4 2021

  • Marketing and social campaigns (Large scale)
  • Dex/cex List list
  • Community governance
  • Start a charity distribution (Description follows)
  • Explore other DXB/pair trades
  • Launched the DXB Trading platform
  • Use Case Development

Stage 3 - Q1 2022

  • Ecosystem development (Use Case Soft Implementation)
  • Launch of new merchandise for DXB tokens
  • Implementation of community ideas
  • Contract Audit
  • NFT Farming
  • Browse the DXB DeFi App

Stage 4 - Q2 2022

  • Expand Use Case Implementation
  • Launch strategic partnership
  • Launch DXB DeFi App / Crypto Payment solution Explore local investment and trading platforms worldwide
  • Explore other use cases to bridge the gap between the crypto world and the real world.

Detailed Information:

  • Website link: https://dxbpay.cc/
  • Whitepapaer link: https://dxbpay.cc/global/whitepaper/
  • Facebook link: https://www.facebook.com/DXBPay-104010111894944/
  • Twitter link: https://twitter.com/DxbPay?s=09
  • Instagram link: https://instagram.com/dxbpayofficial?utm_medium=copy_link
  • Youtube link : https://youtube.com/channel/UCvRIYjlHDFm-SPpkpfDRxmQ

Author : Amild

Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2583828

My BEP20 Wallet Address : 0xbf00577895715883E63C6694D33dA51b1cDEBDa8

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