Blox Real Estate
The BLOX Project is an innovative way to be a part of the real estate industry through token rewards. Our strategic partnerships offer D.E.B.T. the ability to earn royalties generated by real estate transaction fees. These royalties shall be used to purchase BLOX tokens out of the BLOX Project ecosystem (i.e. burn) supporting the economic theory of supply and demand. D.E.B.T. will continue to use its unique position to source additional royalty streams with the goal of increasing the size of token burns, further supporting the BLOX Project ecosystem. In addition to the burn of royalties, the tokenomics include multiple ways to reduce the tokens in the ecosystem.
BLOX tokenomics have been designed based on the economic theory of supply and demand. As a deflationary token, the number of tokens in the ecosystem will continue to decrease, thus potentially increasing the value over time. With a set number of licenses and tokens that will ever exist, the BLOX Project tokenomics are supported by five areas:
- 600,000 BLOX software mining licenses will exist. 300,000 available for retail purchase and 300,000 treasury licenses
- BLOX software mining license activation. $1,000 worth of BLOX tokens (at current market value) are generated per license activated and added to the EGI pool, providing a finite number of tokens available in the ecosystem.
- Blockchain Real Estate (BLOX) project royalties will purchase token out of the ecosystem and burn them.
- Annual Halving. Beginning April 1, 2023, each year, 50% of the EGI pool will be burned.
- 10 % Transaction fees are charged for each transaction involving BLOX. This includes, but is not limited to withdraws, swaps, transfer, and purchases. 100% of these fees will be burned monthly.
BLOX Project mining licenses that are active and communicating with the ecosystem will be rewarded with daily rewards. Each 24-hour cycle begins at 0:00 UTC (GMT) daily. Daily rewards (mined tokens) are deposited to the Piggy Bank in the Rewards section of the D.E.B.T. Dashboard and can be withdrawn to a private D.E.B.T. wallet once the minimum balance requirement has been achieved.
BLOX is paired with the DEBT token. Rewards generated today are deposited to the BLOX Piggy Bank wallet within 24-hours. Withdraw these rewards to your D.E.B.T. wallet using the dashboard. Rewards can then be stored, exchanged for other currencies, or used to make additional D.E.B.T. software mining license purchases. Take a look at our lite paper for a more in depth look at BLOX and the DEBT Box ecosystem.
For every purchased BLOX software mining license, a pre-determined amount of BLOX tokens will be placed into the BLOX Ecosystem Growth Initiative (EGl) pool. This creates enough liquidity in the ecosystem for every token digitally mined. The BLOX project will offer 300,000 retail software mining licenses. When all BLOX software mining licenses are sold, the licenses will be converted to transferable NFTs, becoming a perpetual asset.
See For Yourself
BLOX 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 PancakeSwap. Buy some token and participate in the growth of the DEBT Box ecosystem.