Singapore, Oct. 10, 2023 (GLOBE NEWSWIRE) — What’s The Damex App and What drawback does it clear up?
The Damex app is a brilliant finance utility that goals to incentivize people to stay a more healthy life-style and earn monetary rewards through using non-fungible tokens (NFTs) and their native cryptocurrency token, Damex Token. The inspiration for the appliance got here throughout the Covid-19 lockdowns of 2021/22, the place thousands and thousands of individuals all over the world suffered bodily and mentally from the restrictions. The applying seeks to help people in residing a more healthy life, educating them about cryptocurrency, selling sustainability, and serving to the setting by incentivizing individuals to stroll extra.
The health business is a multi-billion greenback business, and Damex goals to penetrate this market by gamifying the digital asset finance utility expertise. By utilizing NFTs and their native token, the appliance presents distinctive incentives to people to interact in wholesome actions, which can lead to monetary rewards. The Damex app can be goals to promote using cryptocurrency in on a regular basis life and educate people and companies about its advantages.
Total, The Damex App addresses the issue of incentivizing people to stay a more healthy life-style whereas additionally selling using cryptocurrency in on a regular basis life.
Damex Token Overview
- Token Title: Damex Token
- Token Image: DAMEX
- Whole Provide: 370,000,000 DAMEX
- Circulation Provide: 1,000,000
Coinstore.com Itemizing
- Buying and selling Pair: /USDT
- Deposit time:2023/04/30 21:00(UTC+8)
- Commerce time:2023/04/27 21:00(UTC+8)
- Withdrawal time:2023/04/30 21:00(UTC+8)
What are the utilities of tokens?
The Damex Token has a number of utilities throughout the Damex ecosystem. Listed below are among the important utilities:
- Incentivizing and rewarding customers: The token is used to incentivize and reward customers for finishing challenges and duties throughout the Damex app. Holding Damex Token tokens additionally unlocks entry to premium options and advantages.
- Governance and voting: The Damex token holders have the power to take part in governance and voting on key options similar to token listings, app options, and extra.
- Zero alternate charges: Customers who stake 5,000 Damex Tokens can take pleasure in zero alternate charges on the Damex platform.
- Entry to premium membership: Holding Damex Tokens additionally unlocks entry to Damex Premium Membership, which incorporates advantages similar to extra cashback, early entry to new options, and extra.
Total, the Damex Token is designed to be a flexible utility token that incentivizes consumer participation and offers entry to premium options throughout the Damex ecosystem.
Which half does the undertaking ecosystem embody?
The Damex Token undertaking ecosystem contains the Damex Token, which is the native app utility token that will probably be used to incentivize and reward customers, offering them entry to governance and voting on key options similar to token itemizing and app options. The token economics embody a whole provide of 370 million, with a breakdown of fifty million for the staff/human assets, 80 million for the token sale, 80 million for partnerships, consultants, and shareholders, and 160 million for liquidity, rewards, and buyer acquisition. The token sale construction contains non-public gross sales with totally different funding ranges, token sale costs, and vesting intervals. There’s additionally a public sale with a most funding of 19K and a token sale value with no vesting interval. The use of funds contains ecosystem liquidity/buyer acquisition, authorized and merchandise, advertising, and human assets. The undertaking goals to accumulate a minimal of 4 million customers within the subsequent 36-48 months, with 40,000 premium customers staking 5,000 Damex Token every, equal to 200 million tokens or 66% of the overall circulating provide. The core Damex Token will probably be created on Ethereum and then bridged to Solana, BSC, and others. The Damex app step objectives embody a buyback program, quarterly monetary statements, voting and governance, and in-app utility similar to staking and premium subscription advantages.
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Disclaimer: The data offered on this press launch isn’t a solicitation for funding or supposed as funding recommendation, monetary recommendation, or buying and selling recommendation. It’s strongly beneficial that you simply apply due diligence (together with session with an expert monetary advisor) earlier than investing in or buying and selling securities and cryptocurrency