Fortified X Whitepaper
  • Overview
  • Introduction
    • Fortified X Mission
    • Fortified X Vision
    • Fortified X Value Proposition
  • Utility
    • The Problem and Fortified X Solution
    • Problem: Poor Liquidity
    • Problem: Lack of a DAO Framework
    • Problem: Lack of Robust Technical Architecture
    • Problem: Complex User Interface
    • Problem: Price Manipulation
    • Problem: Lack of Customer Support
  • Features of Fortified X Exchange
  • Fortified X Revenue Model
  • Ecosystem
    • Fortified X Ecosystem
    • Finance
    • Earning
  • Fortified X Token (FXAS Token)
  • FXAS Tokenomics
  • FXAS Vesting
  • FXAS Value and Buyback Plan
  • Roadmap
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  • Risk Management
  • Risks
  • Market Competition

FXAS Value and Buyback Plan

The FXAS token will be used to pay for any fees on the Fortified X platforms. When a user pays for fees with FXAS, they will benefit from a 25% discount during the initial year of implementation. In addition, 5-10% of profits earned by the Fortified X exchange will be used for the buyback and burn of FXAS tokens until a 5-10% buyback and burn of all FXAS tokens in circulation is achieved. All buyback and burn activities will be announced on the blockchain.

Risk Management

Risks

The Fortified X team is aware of the multifaceted risks inherent in operating a cryptocurrency exchange, including regulatory and operational dimensions. To address these challenges, the Fortified X team has established a resilient infrastructure and security framework, coupled with a team of seasoned experts and leadership

Market Competition

The competition within the cryptocurrency landscape is intensifying, with many non-crypto companies and financial institutions foraying into crypto-related services. This shift necessitates a strategic pivot towards diversifying revenue streams and moving beyond sole reliance on trading fees. Consequently, the Fortified X exchange aims to offer innovative products and services, underpinned by a robust go-to-market strategy, to proactively maintain a leading position amidst the competitive dynamics of the cryptocurrency space.

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Last updated 11 months ago