Cortux Docs
  • Executive Summary
    • Vision and Mission
    • Market Opportunity and Problem Statement
    • Key Features of Cortux
    • The CRX Token and Its Role in the Ecosystem
    • Conclusion
  • Market Opportunity
    • Challenges in Traditional Finance and E-Commerce
    • How Cortux Addresses Market Gaps
  • Cortux Ecosystem
    • Investment Platform
    • E-Commerce Integration
    • Cortux Visa Card
    • Cortux Mobile Wallet
    • Staking and Rewards Program
    • Decentralized Payment Gateway
  • The CRX Token
    • Token Overview
    • Utility of CRX Token
    • CRX Token Distribution
    • Tokenomics
    • Token Use Cases within the Ecosystem
  • Technology
    • Blockchain and Smart Contracts
    • Security and Transparency on the Ethereum Blockchain
    • Decentralization and Governance
    • Scalability Solutions
  • Roadmap
    • Completed Milestones (Q1 and Q2 2024)
    • Upcoming Milestones (Q3 2024 - Q1 2025)
    • Long-Term Vision (Beyond 2025)
  • Cortux Ecosystem in Detail
    • E-Commerce Platform
    • Payment Solutions and Visa Card
    • Investment Platform Features
    • Mobile Wallet Features and Security
  • Business Model
    • Revenue Streams
    • Growth Strategy
    • Partnership and Collaboration Strategy
  • Regulatory and Compliance
    • Legal Considerations
    • Compliance with Global Regulations
    • Data Protection and User Privacy
  • Token Sale Details
    • ICO Phases
    • Token Sale Process
    • Allocation of Funds
    • Investor Benefits and Bonuses
  • Risk Factors
    • Market Risks
    • Regulatory Risks
    • Technical and Security Risks
    • Mitigation Strategies
  • Conclusion
    • The Future of Cortux and the CRX Token
    • Call to Action
  • Appendices
    • Glossary of Terms
    • Technical Specifications
    • Legal Disclaimers
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  1. The CRX Token

Utility of CRX Token

The CRX token is more than just a digital currency; it is a multi-functional asset within the Cortux ecosystem. Its utility spans across various areas:

  • Investment Platform: CRX tokens can be used to participate in token sales, including ICOs, directly on the Cortux platform. Holders can also stake CRX to earn rewards, providing a passive income stream.

  • E-Commerce Payments: Users can spend CRX tokens on partnered e-commerce platforms, making it a practical currency for online shopping. The integration of CRX into everyday transactions enhances its utility and adoption.

  • Staking and Rewards: CRX tokens play a crucial role in the Cortux staking program. Users can lock their tokens in the network to earn staking rewards, which encourages long-term holding and network stability.

  • Access to Exclusive Features: CRX holders can access premium features within the Cortux ecosystem, such as advanced investment tools, exclusive deals on e-commerce platforms, and higher reward tiers in the staking program.

  • Transaction Fees: Within the Cortux ecosystem, CRX tokens can be used to pay for transaction fees, ensuring that users can move assets and make purchases with minimal costs.

The CRX token’s extensive utility ensures that it remains integral to the Cortux platform’s operations, driving demand and fostering a robust ecosystem.

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Last updated 8 months ago