ABOUT
INX is the holding company for the INX Group, which includes regulated trading platforms for digital securities and cryptocurrencies, combining traditional markets expertise and an innovative fintech approach. The INX Group’s vision is to be the preferred global regulated hub for digital assets on the blockchain. The INX Group’s overall mission is to bring communities together and empower them with financial innovation. Our journey started with our initial public token offering of the INX Token in which we raised US$83 million. The INX Group is shaping the blockchain asset industry through its willingness to work in a regulated environment with oversight from regulators like the SEC and FINRA.
In addition to operating two regulated trading platforms for blockchain assets, INX’s interdealer broker, I.L.S. Brokers, plans to offer non-deliverable cryptocurrency forwards to Tier-1 banks in the future. For more information, please visit the INX Group website here.
The INX token has both security and utility benefits for its holders. Any profit share is distributed to a diminishing circulating supply of tokens. This is because as traders spend INX Tokens to reduce their trading costs, 20% of the tokens are transferred into the INX Token reserve, increasing scarcity.
AS A SECURITY
Mandatory Profit Share: Annual pro rata distribution of 40% of the Company’s cumulative adjusted net operating cash flow
Liquidation Preferences: Pro rata portion of the Cash Fund upon a failure to launch cryptocurrency trading or a liquidation event
AS A UTILITY (coming soon)
Medium of exchange: Discounts of at least 10% on transaction fees on INX Securities when INX Tokens are used to pay fees
Staking: Passive Tiered Trading Fee Discount Program on INX Digital based upon the number of INX Tokens held in customers private wallets
Token technical features
- INX is an ethereum based ERC20 (ERC-1404) compliant token that is programmed using a smart contract
- Website INX Token
- INX smart contract address
- INX has a capped supply of 200,000,000 Tokens.
- The INX Token smart contract incorporates our Whitelist Database, which restricts the transfer of INX Tokens unless both the digital wallet addresses of the sender and receiver are listed in the Whitelist.