Naxy AI Gears Up for Token Launch and Distribution

Naxy AI Gears Up for Token Launch and Distribution

By Jakub Lazurek

29 Nov 2024 (11 days ago)

2 min read

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Naxy AI prepares for its Token Generation Event on November 30, 2024, marking a major step in its blockchain-powered intellectual property platform.

Naxy AI, a platform focused on transforming the protection and management of intellectual property through cutting-edge AI and blockchain technology, is gearing up for its much-anticipated Token Generation Event (TGE) and token distribution. Scheduled for November 30, 2024, the TGE represents a key milestone in the project's roadmap as it introduces its native token, NAXY, to the broader market.

The TGE will mark the official release of the NAXY token, a critical component of the Naxy AI ecosystem. This token is designed to support various platform functions and incentivize active participation among creators, artists, and visionaries. Following the TGE, the tokens will be distributed in full, aligning with the project’s transparent and user-focused approach to launch. The distribution plan ensures 100% allocation of tokens at TGE, reflecting the team's commitment to providing immediate access for participants.

Leading up to the TGE, Naxy AI conducted successful token sales rounds, including Initial DEX Offerings (IDOs) on platforms such as Spores and Kommunitas. The IDO on Spores, which ran from November 27 to November 29, 2024, featured a token price of $0.005 and a funding goal of $100,000. A total of 20 million NAXY tokens, equivalent to 2% of the total supply, were allocated for this round. These events have helped build momentum and attract early adopters to the platform.

Naxy AI's tokenomics strategy is structured to support the platform's long-term vision. The NAXY token will not only enable transactions within the ecosystem but also empower users with features such as staking and access to premium services. This aligns with Naxy AI's mission of leveraging AI and blockchain to ensure the authenticity and safety of digital assets.

As the TGE approaches, stakeholders are encouraged to stay informed and prepared. With a proven track record of transparency and community engagement, Naxy AI's token launch is positioned as a significant step toward establishing its presence in the digital landscape. The TGE is expected to solidify Naxy AI’s role in security-focused blockchain technology while providing a foundation for future growth and innovation.

By incorporating AI-powered verification and blockchain-backed records, Naxy AI aims to empower creators and organizations in safeguarding their intellectual property. The TGE and token distribution will play a pivotal role in advancing this vision, offering participants a chance to be part of a forward-thinking platform dedicated to reshaping how assets are managed in the digital age. The Naxy AI community looks forward to this milestone as a defining moment in its development.

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