The TRAXX Token
Last updated
Last updated
TRAXX is both a platform and an exchange token that currently facilitates purchases of music-related digital collectibles on the TokenTraxx Marketplace and TRAXX Studios. However, with the rollout of new products, the tokenβs initial and main utility, which allows Creators to monetise their music and reward their fans, will expand.
Among other utility features, the platformβs transactional token also enables users to:
Monetise digital collectibles by offering these in exchange for TRAXX.
Stake your TRAXX to become a member and access exclusive benefits.
Actively participate in our membership quests and rewards to earn TRAXX.
Purchases of traxx studio and services creator services and studio pricing 10% discount.
The TRAXX token is currently available on the following CEXs:
AscendEX (BitMax):
BitMart:
Additional pools and availability through DEXs are on the way!
Fees generated by the activities within TRAXX Studios will result in TRAXX tokens being taken out of the market. As there is a fixed capacity of TRAXX, this will increase the value of each individual Studio Token and benefit the community as a whole β driving a decentralised and self-sustainable system.
Ethereum and Polygon:
Zilliqa: