The GLX token is the native cryptocurrency of the Galactix.io ecosystem, designed to offer a variety of utilities within the platform. With a capped supply of 10 billion tokens, GLX is an essential asset that powers the entire platform's tokenomics.
GLX holders can enjoy various benefits, including earning daily dividends, unlocking quests, purchasing items, and participating in the upcoming marketplace. Unlike other tokens, GLX will be distributed daily based on users' wagering activity, incentivizing players to remain active on the platform.
Key Metrics of the GLX Token:
Max Supply: The total supply of GLX tokens is capped at 10 billion, ensuring a scarce and valuable asset.
Circulating Supply: GLX tokens will be distributed gradually based on wagering activity.
GLX Drops: Users can earn GLX bonuses by mining tokens through wagering.
Daily Dividends: GLX holders receive daily dividend payouts based on their holdings.
Uses of the GLX Token:
Daily Dividends: Hold GLX tokens to earn daily dividend payouts, allowing you to benefit directly from the platform’s revenue.
Unlocking Quests and Planets: GLX can be used to unlock in-game features, enhancing the player's experience.
Purchasing Items: Use GLX to buy lottery tickets, wheel tickets, and more within the platform.
Trading and Burning: GLX will eventually be tradable on exchanges, and periodic token burns will reduce the overall supply, potentially increasing its value.
Future Opportunities: As Galactix.io continues to grow, the GLX token will expand in utility, offering more ways for users to engage with the platform and earn rewards. Additionally, plans for NFT integration and external trading will further increase the token’s value and utility.
Betting with GLX: In the future, players will be able to use GLX tokens to place bets on the platform, expanding its utility.
Exchanging GLX: GLX tokens will also be tradable on external exchanges, allowing players to convert their tokens to other cryptocurrencies or fiat currencies. This will add an additional layer of flexibility and value to the token.