5.4 Strengthening The Token Economy
To strengthen the XBR-centric token economy, we will focus on the activation of XBRIK exchange services first. We plan to prepare and provide various incentives to stimulate market participation of NFT initial holders and increase traders' trading to improve the usability and improvement of the exchange. And we will launch large-scale IBOs through strategic cooperation with significant projects such as artwork, NFT games, real estate, and cryptocurrency and continue improving the exchange's attractiveness.
As the value of the XBR token depends on the performance of the exchange, we are considering maximizing the exchange's profit early and using 20% of that profit for token burning. This activity will be one of the most substantial incentives to hold XBR tokens. In addition, to increase the user inflow of the exchange in the initial stage, various XBR tokens airdrops will be used for marketing purposes. This will be one of how the growth of the service network and the increase in the token's value can be linked.
The XBRIK project is positioned as a listing and marketing platform for other projects while simultaneously creating token pools with high market value, significantly increasing liquidity through swaps or Defi services. It will allow us to defend against sudden price drops of the XBR token. We will try to control price volatility by maintaining an appropriate volume balance with XBU; a utility token pegged to Ethereum.
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