Aluminum is a DEBT Box project supported by and linked to the physical production and sale of aluminum. By purchasing an Aluminum (ALUM) Software Node license and becoming an ALUM node operator, you're allowing Digital Licensing Incorporated, the DEBT Box ecosystem's permissioned administrator, to support aluminum industry projects within the exploration, drilling and physical production of aluminum with certain key benefits. License holders are rewarded for their blockchain support with ALUM tokens.
The DEBT Box Aluminum (ALUM) tokenomics have been designed as a deflationary token, to create a true supply and demand dynamic. The ALUM project is supported by four areas:
- Natural gas production royalties
- ALUM software mining license purchases
- An annual halving
- Transactional fees
A limited number of ALUM tokens will be mined and placed into circulation by a limited number of software licenses. All ALUM tokens must be mined by ALUM software mining license holders and will only be available for purchase through third-party exchanges
The DEBT Council is responsible for managing the ecosystem and working to build value for all token holders. This is done by supplying liquidity to new markets, increasing the value of projects, and providing liquidity for exchanges.
ALUM Token is a Binance Smart Chain BEP-20 token. It has a finite initial supply of 1 billion tokens. The ALUM token is a fixed supply token, meaning the max supply is set by the smart contract inception. All tokens are minted and deposited into the Ecosystem Growth Initiative (EGI) mining pool. The smart contract does not contain burn or mint functions.
To earn ALUM rewards, a software mining license must be purchased and connected to the internet. 500,000 ALUM licenses are available for this project. Once all licenses are sold, all ALUM licenses will be converted to transferable NFTs.
See For Yourself
The ALUM token is a BEP-20 token running on the binance network. Visibility of the token contract, daily mining and wallet holders can be found on BSC scan. See the market value, available liquidity and trading pairs available on pancake swap. Buy some token today and participate in the growth of the debt box ecosystem.