What is Foxxcoin?
Foxxcoin (FOXX) is part of a new generation of fair launched, community driven crypto experiments. No early access, no private sale, no ICO. 50% of all FOXX tokens frozen for 10 years; 40% locked in liquidity; and the remaining 10% locked in time-released vaults for the launch.
Unlike other cryptos that have tokens in the quadrillions (yep, that’s a thousand million millions), FOXX has a max supply of just 21 million, an independently audited smart contract and a buyback and burn strategy that supports long term stability and value growth.
We’re here for the HODL. Zero FOXX given.
Fair Launch
Our fair launch model of token distribution will allow everyone the chance to participate in the FOXX launch on an equal footing. There will be no early access, no private sale and no ICO. So the only way anyone will be able to trade FOXX at launch will be to buy them on Uniswap just like everybody else.
Tokenomics
- 1 FOXX = 1 FOXX.
- ERC20 Token Symbol: FOXX
- Max Supply: 21 million
- Initial Supply: 8.4 million
- Launch Price: 1 FOXX = 0.0005 USD
- 50% frozen for 10 years
- 40% Liquidity — locked on launch
- 5% Team — locked for launch
- 5% Community/Dev — locked for launch
50% of all Tokens Frozen for 10 Years
We have complete faith in FOXX and so have decided to freeze 50% of the max supply for 10 years. After 10 years, control of those tokens will be passed on to Vitalik Buterin who will be free to return them to the FOXX community or donate them to a worthy cause. But whatever Vitalik decides, holders can rest assured that for at least 10 years 50% of all FOXX tokens will be out of circulation. Which effectively means the total supply of FOXX will be just 10.5 million for that entire period of time — not including the tokens that will also be burned as part of our buyback and burn strategy.
Liquidity Locked
Following token generation and before launch, 50% of the total supply will be frozen for 10 years; 40% will be locked in Uniswap liquidity with Team by TrustSwap in a 3 month rolling lock; and the remaining 10% will be locked in time-released Team vaults. So those who buy early can trade safe in the knowledge that there can be no rug pulls and no pre-launch whales to dump on them.
Community is Everything
The success of any crypto project is dependant on the strength, passion and size of its community. That’s why the team is focused on the effective implementation of a marketing and development strategy focused on building greater awareness of the project and the creation and growth of a strong and loyal ‘FOXX Army’.
Buyback and Burn
Our buyback and burn strategy is a deflationary mechanism designed to reduce supply while supporting long term stability and value growth. Every month half the profits made from the sale of NFTs will be used to manually buyback and burn FOXX. Tokens will be bought directly from the secondary market and sent to a publicly shared ‘eater address’.
Social Links
FOXX will list on Uniswap on May 2021. Join our Twitter and Telegram for further information:
🌐 Website: foxxcoin.army
🌐 Twitter: twitter.com/foxxcoinarmy
🌐 Telegram Group: t.me/foxxcoinarmy
🌐 Medium: foxxcoinarmy.medium.com
Disclaimer: The information provided shall not in any way constitute a recommendation as to whether you should invest in any product discussed. Foxxcoin accepts no liability for any loss occasioned to any person acting or refraining from action as a result of any material provided or published.
