The $BDXN Token

Token Utility

Token Utility

$BDXN has three main utilities:

1. Value redistribution mechanism (via airdrops to users and Bond Point exchanges) and Gamified Locking, which grants:

2. Access to governance

3. Userbenefits

Revenue Streams & Value Sharing Mechanism

Revenues can be used to repurchase $BDXN tokens from the open market and distribute them to users regularly. Initially, this distribution can occur quarterly, gradually transitioning to monthly distributions. These revenues are generated from various sources, including:

  • In-app purchases

  • Company subscription fees

  • One-off content posting/promotion revenues

  • Traffic flow & Advertising (Users choose how and if their data is monetized)

  • Bounty commissions

  • Tiered user subscriptions

  • Other future monetization streams generated from the ecosystem

    The amount of tokens a user receives is based on:

  • User Rating - The user rating is determined by considering several factors outlined above

  • Quality and frequency of user interactions within the network

  • Amount of tokens locked (must be locked for the entire preceding epoch to

    qualify as an airdrop criterion)

Minimum requirements for airdrop qualification:

  • Completely filled out the profile

  • Uploaded resume

  • Three contacts invited and registered

  • Three months on the platform

These requirements and factors will continually evolve alongside the platform, fostering the development of a robust talent platform and meritocracy. In the future, additional requirements may include skill and credential validations to enhance the platform's capabilities further.

Note: It is important to highlight that locked $BDXN tokens are not mandatory for receiving airdrops. Instead, they provide a boost, ensuring that even users who have not locked their tokens can still benefit from epochal airdrops.

  • This makes the value distribution accessible to those without the ability to onboard to Web3; whether it be infrastructural or monetary.

  • Any user who creates value for the network can earn $BDXN.

The above criteria are used to derive a β€˜user score,’ and locked tokens add a small boost. The User Score of each user is divided by the total sum of user scores in order to determine what percentage of the epochal airdrop they are entitled to.

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