STAX Token

Project Description

$STAX is a utility token that powers TheXchange, a USD‑based platform where people issue blockchain‑verified digital assets called VirtualStaX (StaX Cards). The product is patented, the platform is live at StaX.app, and the token connects product activity to holder utility through a defined weekly airdrop mechanism. What follows outlines the product, platform, token utility, market context, and project structure in clear terms.

Product – VirtualStaX (StaX Cards) VirtualStaX are limited‑edition digital assets minted on the Telos blockchain. Each approved issuer receives 100,000 StaX Cards that are introduced via a time‑boxed global Dutch auction to establish initial pricing before secondary trading. Issuers retain 90% of auction proceeds and all personal rights; fans and collectors can buy, sell, and hold the cards directly as a transparent record of support and engagement. Card supply, provenance, and transfers are recorded on‑chain. The price of an Issuer's StaX cards is determined purely by supply and demand that is driven by the Issuer's potential, passion and popularity.

Platform – StaX.app (TheXchange) StaX Cards are created and traded on StaX.app, the gateway to TheXchange. The system is USD‑centric: deposits in local currency convert to USD Coin (USDC) for use on‑platform; withdrawals convert back to local currency. This design seeks to reduce FX and crypto price volatility for participants while enabling global access. The platform includes real‑time trading, account management, issuer tools, and a compliance‑oriented operational engine integrated with Telos settlement.

Utility Token – $STAX $STAX provides access to platform utilities. Its core feature is participation in the StaX Vault: when a new issuer launches StaX Cards, a fixed portion of their initial supply (currently 3% or 3,000 Cards) is allocated to the StaX-Vault and distributed as weekly airdrops to $STAX holders on a pro‑rata basis. Additional utilities may include fee considerations, discovery and promotion tools, and access to selected creator experiences as features are introduced.

Market Context and Timing The creator and talent economy spans sports, music, art, entertainment, esports, business, and digital media. With billions of social media users worldwide, a significant share of value creation occurs directly between creators and audiences. StaX Cards brings this interaction on‑chain with verifiable issuance and a USD‑settled marketplace; $STAX links platform growth to ongoing holder utility through the StaX-Vault distribution model.

Project Structure and Footprint TheXchange is domiciled in the Cayman Islands, with an operations office in South Africa and additional corporate presence in the United States, Canada, and Gibraltar. The platform is publicly accessible, has completed pilot rollouts, and is supported by recognized figures in sport and entertainment.

Conclusion $STAX, VirtualStaX, and StaX.app together present a product‑platform‑token stack designed for global scale. As new issuers join and activity increases, weekly airdrops expand the range of StaX Cards reaching token holders, aligning network participation with platform adoption. Timing aligns with exchange listings following the August 2025 token launch and the platform’s production readiness. Globally.