Fixy Network is proud to reveal, that for the first year of its operation, the Fixy (FXY) token price as a mean of payment on Fixy Platform (Advertising, ICO listings and games reward) will be set at the fixed rate of $2 per FXY token. The price point is chosen by team management based on the low token total circulation supply (100 Million before burn), well-thought plans and careful consideration of platform economics growth.
Fixy Network Platform will accept any kinds of commercial advertising/ICO listing campaign for the fixed price of $2/FXY token despite its expected price volatility on exchanges. For example, Alice is a marketing manager from a company who wants to run a cost-effective banner campaign and she chooses Fixy Network platform as the best choice for its large base audience. The advertisement service costs $10.000 and Alice will need 5000 FXY tokens which will be available on popular exchanges like Binnance.
Based on the extensive market research and consultation to various experienced advisors, Fixy Network has a target in its first year of operation to reach a turnover of $5.000.000 from its advertisement services or equal to 2.500.000 FXY, which 55% of it will be given back to the community through games reward.
Project Continuity Matter
As one of the few genuine projects available on the market right now, the Fixy Network management firmly believes that the idea behind ICO is not to collect funds as much as it could, but rather as a momentum to initiate a strong foundation of engaging community and starts high quality product development.
The project will continue to push forward even if the softcap is not reached since Fixy Network has secured funds from seed investors and private token holders who strongly believe the clear vision and quality execution of the Fixy Network project.
In the case of Softcap is not being reached, pre ICO and ICO participants have two choices :
*. Hold their contribution and proceed with FXY token burns. FXY tokens will be already listed on exchanges before token burning event occurs.
(after tokens burning the price of FXY will be increased due to lower token circulation supply. For example, if 80% of FXY tokens are burned the normal price of FXY tokens 1 ETH=5000 FXY will be adjusted to 1 ETH=1000 FXY)
or
*. Refund between 1st to 7th of June 2018, before FXY token burns started. To be eligible for refund, participants must keep their FXY tokens in their contribution wallet.
Regardless the outcome of the ICO from funding’s perspective, Fixy Network team will always committed to deliver the best quality of product and realize the cryptocurrency mass adoption through its versatile app and widespread of fixy stores availability.
In case you have not followed the project since the beginning, these articles will give you insights about the importance and the uniqueness Fixy Network project :