Affiliates can participate in the WXT Presale by inviting new users to register, and earn points based on the activity of those users. Using their total proportion of points, Affiliates can subscribe to WXT at a 30% discount at the conclusion of the first-round of the presale.
New users can participate in the WXT "Ribbon-Cutting Event" by completing tasks such as registering their new account, submitting KYC, making a deposit, and engaging in futures trading to receive free WEEX WXT airdrops. A single user can receive up to 198,700 WXT, while contributing up to 1,000 points to the affiliate they registered through, during this period.
In addition to these exclusive new user campaigns, existing users of WEEX will be able to participate in daily platform activities to receive free WEEX WXT airdrops. Moreover, both new and existing users can participate in trade mining and other TGE ( Token Generation Event ) of WXT on WEEX.
Affiliates Purchase at a 30% Discount, New Users Receive Free Tokens
The WEEX WXT Presale is divided into three stages:
1. Registration Stage (June 1st to 30th): Affiliates can join the Presale campaign to recruit new users and earn points. For every 100,000 points earned collectively, an additional 10 million WXT will be added to the prize pool, starting at 10 million WXT and capping at 70 million WXT. Affiliates receive WXT based on their points proportion. For example, if the total points are 700,000, Affiliate A with 50,000 points earns 5 million WXT. Real-time updates on points and WXT are available on the WEEX website.
2. Subscription Stage (July 1st to 7th): Affiliates can purchase WXT using USDT at a 30% discount. The issuance price of WXT is $0.01 per token, making the purchase price for affiliates $0.007 per token.
3. WEEX WXT Distribution and Lock-up (July 8th to 12th): WXT purchased through this Presale campaign will be distributed to affiliates and locked for one year, then released linearly every month over the next 12 months.
The Presale campaign on WEEX incentivizes affiliates to invite users, offering WXT at a 30% discount. The "Ribbon-Cutting Ceremony" rewards up to 198,700 WXT per user. Affiliates and new users benefit from discounts and free tokens, enhancing engagement and participation.
WXT: Incentivized Ecosystem, Growing with More Affiliates
WEEX Global proudly announces the launch of the WEEX Token (WXT), an ERC-20 token poised to become the cornerstone of the WEEX ecosystem. WXT is designed to serve as a dynamic incentive mechanism, rewarding WEEX Exchange community affiliates, contributors, pioneers, and active members.
"WEEX has always adhered to the philosophy of 'Community First', prioritizing a secure, reliable, and engaging user experience for our loyal WEEXers. With WXT, we can now allocate a portion of our profits to issue and subsidize WXT, enhancing the value we provide to our partners, affiliates, and traders through this new utility," said Andrew Weiner, VP of WEEX Global.
WXT is crafted as a utility token with diverse use cases and empowerment mechanisms. Holders enjoy nearly ten exclusive benefits, including access to Launchpad events, trading fee discounts, VIP exclusive rights, and a buyback and deflation mechanism to ensure long-term stability.
The total supply of WXT is 10 billion, with 65% allocated for ecosystem incentives. This includes 15% for the Investor Protection Fund, 15% for holding incentives, 15% for new user acquisition, 15% for KOL cooperation and brand building, and 5% for private sales to affiliates. This allocation strategy promotes a decentralized distribution of WXT holding addresses.
WXT's release cycle ensures a balanced and sustainable growth. 65% of WXT has a lock-up period of up to 5 years, 5% for affiliate private sales is locked for one year, with a subsequent 12-month linear release. The remaining 30% allocated to the Investor Protection Fund and the Ecosystem Fund is also for long-term holding, minimizing short-term release pressure and potentially increasing token value post-listing.
Both the allocation and release cycle underscore WEEX WXT's commitment to community growth and ecosystem expansion, steering clear of short-term profit-making. The WXT presale aims to attract and acquire new users, reflecting WEEX's dedication to its community-first approach.
As WEEX grows, the value of WEEX WXT is expected to rise, creating a positive growth flywheel: more users and larger trading volume → more income and profit → more platform token buyback and burn → greater community incentives → better platform development.
WEEX: Challenging Zero Fees
WEEX began its journey with futures copy trading, quickly scaling into new markets through affiliates. With strong trading depth, a 1,000 BTC audited customer protection reserve fund, and multiple global licenses, WEEX emerged as a leading challenger in the competitive cryptocurrency exchange market. Despite the "Crypto Winter" of 2022, WEEX's futures contract business grew by 3,000%, achieving profitability by year-end.
In 2023, WEEX maintained its rapid growth, ranking among the top ten derivative exchanges on CoinMarketCap. That year, WEEX secured new financing led by the Korean listed company FSN (214270.KQ) at a $100 million valuation. Leveraging local Korean Web3 affiliates, WEEX accelerated its expansion in Korea. Additionally, WEEX ramped up its token listings, offering over 300 futures trading pairs and more than 200 spot trading pairs to address the demand for platform tokens.
To further its globalization strategy in 2024, WEEX introduced a zero-fee policy for all spot tokens and new futures trading pairs, making it one of the lowest-cost trading platforms worldwide. Former MEXC Global VP Andrew Weiner joined as WEEX Global VP, bringing extensive industry experience to aid in global market expansion.
With the launch of the WXT platform token, WEEX is set to achieve a significant growth milestone. Their slogan, "Where New Wealth is Made," encapsulates their ambitious vision. By leveraging WXT, WEEX aims to expand its affiliate network and utilize external resources, enhancing its global market competitiveness.
Historical data indicates that platform tokens are among the highest value-added segments in the crypto market. Public data shows that the all-time highs (ATH) of BNB, CRO, and OKB increased by 6,863 times, 65 times, and 74 times, respectively, from their private sale prices. Besides notable price increases, platform token holders enjoy exclusive benefits such as launchpad access, fee discounts, and financial returns. According to a CoinGecko report, Binance Launchpad projects in 2022 and 2023 had returns ranging from 11 to 411 times the initial investment, with top projects like AXS, MATIC, and SAND achieving maximum increases of 1,649 times, 1,110 times, and 1,008 times, respectively.
After continuous rounds of growth, major exchange platform tokens are now rather expensive. In contrast, the upcoming WEEX WXT, backed by WEEX's strong capital and rapid growth, offers a higher risk-reward ratio, making it an ideal investment for those favoring such projects.
WEEX Official Website: https://www.weex.com
About WXT: https://www.weex.com/wxt
WEEX Mandarin Community: https://t.me/weex_group
Official X: https://x.com/WEEX_Official