Great New Benefits & Utility for DISTX Tokens
You may already be familiar with our unique and attractive rewards system, where the top 200 DISTX token holders receive a share of 2% of all tokens from token sales running on the DistX platform. It’s a potentially huge reward — free tokens from potentially huge new projects at their earliest stage, simply for holding DISTX.
Well, a common question we have heard over the past few weeks is “What about if I’m outside the top 200? What purpose is there to hold DISTX?”. Well, aside from the speculative value created by serious demand from other people scrambling to get into the top 200, as well as us buying and burning a lot of tokens regularly, of course we will add more features and benefits!
So here we go…
EARLY ACCESS to token sales on the DistX platform, for DISTX holders
This is a major new benefit to holding DISTX. The token sale creators will select a separate starting time (earlier) for DISTX holders, and select the minimum holding for those eligible. For example their public sale may begin on November 3. They might set the early access date for DISTX holders as November 2, and select “1,000” as the minimum holding. This means if you hold 1,000 DISTX you can get early access to that token sale. This is critical in popular token sales, it’s almost like a private sale just for DISTX holders. This will also drive demand for others to be eligible.
UNSOLD TOKENS go to 50 Random DISTX Token Holders
Another nice feature we’re adding! If a token sale happens to not completely sell out (which is common) the team can decide if they wish to burn those tokens, return them to the team, or give them to 50 random DISTX token holders (1,000 DISTX minimum required). This may be a significant amount of tokens and if they select this setting, their token sale will simply be more attractive and popular. This is another nice boost for all holders, not just top 200, and should create even more demand to hold DISTX.
Both of these new benefits are great news for all DISTX token holders, in particular the early access feature. An excellent added utility for holding the tokens and a logical step towards a well-designed automated, decentralised system where everyone wins.
Not long to go now, just 44 days til launch and counting!