DISTX tokens are the primary tradable token for the DistX platform. DistX is described to be a platform for token sale. Top 200 DISTX token holders receive a share of 2% of all tokens from token sales running through the DistX platform. Their share is proportionate to your DISTX holdings. Example: If a user holds 1% of all DISTX tokens and a token sale sells 100M of their “ABC tokens”, he/she will receive 1% of 2M tokens = 20,000 ABC tokens for free. 1% of all ETH raised through token sales on DistX is used to buy and burn DISTX tokens, making it a deflationary token.
February 18, 2022