POX Token

1. Overview

“POX Token” (otherwise known as $POX) is strictly a cryptographic utility token to be used within the Private Foxes ecosystem. It serves as the backbone of our project, enabling seamless interaction and engagement among community members. The key utilities of $POX are as follows:

Rewarding NFT Holders

As an NFT holder, you become eligible to claim $POX tokens every fortnight as a reward for your ongoing support and ownership of a Private Fox NFT. This incentivizes long-term participation and creates a symbiotic relationship between the NFT collection and the token economy.

Read more: NFT S̶t̶a̶k̶i̶n̶g̶ Claiming

Utility Token within the Private Foxes Ecosystem

$POX is crucial in facilitating transactions and interactions within the Private Foxes ecosystem.

Private Foxes introduced FoxPay, a Solana wallet bot integrated into our Discord community. With FoxPay, members can easily generate wallets eliminating the need for separate wallet installations or seed phrase management. FoxPay enables users to send payments in $POX tokens directly within Discord.

FoxPay encourages an active and engaging community within Discord. Members can stream and share their knowledge while receiving payments in $POX tokens from other users for their valuable information. This incentivizes content creators and encourages the exchange of expertise, benefiting both the creators and the wider community.

FoxPay offers the ability to leave an on-chain message with your $POX payments, providing a powerful feature for users. This means that you can leave a message on the blockchain forever, it adds an extra layer of transparency and immutability to transactions within the Private Foxes ecosystem.

Voucher for Private Foxes Cafe & Immersive Experiences

$POX tokens open the doors to a world of extraordinary experiences within the Private Foxes ecosystem. Not only do they serve as vouchers, granting exclusive benefits and discounts at the world's first NFT cafe in Istanbul, Turkey, but they also unlock unique opportunities for personalization and promotion.

2. Tokenomics

The $POX token has a total supply of 44,445,555.00 tokens. The allocation of tokens is as follows:

• Claiming System: 60% (26,667,333.00 tokens) - Reserved for the rewards given to Private Fox NFT holders on a fortnightly basis, encouraging long-term engagement with the project.

• Giveaways: 5% (2,222,277.75 tokens) - Allocated for community giveaways, promotional events, and fostering wider adoption of the Private Foxes ecosystem.

• Team: 10% (4,444,555.50 tokens) - Reserved for the project team, ensuring their commitment and dedication to the long-term success of Private Foxes.

• Ecosystem: 25% (11,111,388.75 tokens) - Dedicated to the growth and development of the Private Foxes ecosystem, including partnerships, strategic initiatives, and ecosystem expansion.

$POX Tokens is a cryptographic utility token that falls under our Terms of Service.