5.2 XBU Token

The XBU token is a utility token of the XBRIK project.

Improving Service Convenience

Utility tokens are issued for the use of specific services within the blockchain network. Similarly, an XBU token is issued for convenient use of XBRIK exchange services. XBU tokens will be used as a means of payment for various transactions on the exchange and as payment such as fees.

XBU tokens will be pegged to Ethereum and valued. The current price is 1 XBU = 0.00001 ETH. In other words, XBU is a stable coin pegged to Ethereum, and there are no plans to list it on the spot exchange until the situation changes.

Use of XBU Tokens

XBU tokens are used to deposit the purchase price of bricks through IBOs, to pay the purchase amount or to receive the selling revenue during brick quote transactions, to deliver various transaction fees, and to pay rewards related to the transactions.

• Depositing the purchase price of bricks through IBOs

• Paying the purchase amount or receiving the selling revenue during brick quote transactions

• Paying various transaction fees

• Rewarding the transactions

Acquisition of XBU Tokens

XBU tokens can be purchased and used after the commercial launch of the XBRIK exchange scheduled for December 2022. XBU can be bought and used on XBRIK, the brick exchange platform, and NBRIK, the NFT brick publishing platform.

XBU tokens can be purchased with Ethereum or XBR tokens and swapped for Ethereum or XBR tokens at any time. In addition, if there are tokens or coins from other projects that are allowed to be used on the XBRIK platform or the NBRIK platform, swapping with them will also be allowed.