🛠️Tokenomics
Tax Structure: 5% (Tax is applied on All Transfer / Trades)
As part of the Bloxsim ecosystem, a small tax will be applied to certain transactions involving our native token. This tax is not only crucial to the sustainability of the platform, but it is also strategically allocated to ensure the continued growth and development of Bloxsim. Here’s how the tax will be used to benefit the community and enhance the platform's utility:
1. Marketing and Community Growth
A portion of the tax will be directed towards aggressive marketing efforts aimed at increasing the visibility of Bloxsim in the telecom and blockchain space. Our marketing strategy will include:
Global Campaigns: Expanding Bloxsim’s reach to new markets and users through digital advertising, influencer partnerships, and social media campaigns.
Community Engagement: Hosting events, competitions, and rewards programs to build a strong, loyal user base that actively participates in the platform’s development.
Partnerships and Collaborations: Establishing partnerships with telecom providers, blockchain projects, and other strategic players in the industry to create more value for our users.
By investing in marketing, Bloxsim will grow its user base, increase token demand, and strengthen its position as a leader in decentralized telecom services.
2. Research and Development (R&D) for Utility Expansion
Another portion of the tax will be allocated to ongoing research and development efforts to enhance the platform’s utility. This will enable Bloxsim to:
Innovate and Improve Services: Continuously improve the eSIM technology, smart contracts, and platform infrastructure to offer users a more seamless and efficient experience.
Develop New Features: Introduce new utilities for the Bloxsim token, such as additional payment options, staking rewards, and exclusive benefits for token holders.
Explore New Technologies: Invest in cutting-edge technologies like 5G integration, Internet of Things (IoT) connectivity, and potential satellite-based mobile networks to future-proof the platform and offer a wider range of services.
By reinvesting in R&D, Bloxsim ensures that the platform evolves with industry trends and user needs, creating a sustainable ecosystem where the utility of the token continues to expand.
Why This Matters
The tax mechanism is designed to enhance the long-term success of Bloxsim by reinvesting into areas that will directly benefit our users. By channeling these funds into marketing and R&D, we are ensuring that the platform not only grows in size but also in utility and value for the community.
Our vision is to create a dynamic and ever-evolving platform that offers more than just eSIM services—Bloxsim aims to be a leader in decentralized telecom, and this tax structure is a key part of making that vision a reality.
Last updated
