✨Token Utility & Features

Utility

Governance

$MVX Token is the Governance token of the whole METAVIX Ecosystem and designed to earn holders who Stake their tokens and NFTs, Passive Income.

DAO

$MVX token holders/stackers will be able to vote on certain decisions, projects ... etc.

Community Incentives

Token Staking

$MVX token holders will be able to stake their tokens and get rewarded with passive-income.

NFT Staking

METAVIX NFTs holders will be able to stake their NFTs and get rewarded with passive-income.

Affiliate Program

We are going incentivize influencer and investors (with certain criteria) who promote and spread the word about our project on their social media.

Access

Exclusive access to certain future parts of the Ecosystem such as games, events, and services.

Purchases & Transactions

• $MVX token will be the native payment token for our Social-Platform (Marketplace).

• $MVX token will be the native payment token for our METAVERSE project.

• Investors will be able to trade METAVIX NFTs using our native token in the future.

• $MVX token will be native payment for the NFT SWAP service.

Features

Deflationary Token

$MVX is a deflationary token which it's supply will reduce over time, resulting in a limited amount of the token in circulation and ultimately increasing its value and demand.

We are going to reduce the supply in 4 ways.

• First, through buyback-and-burn, in which we are going to re-purchase a large number of the token and send them to a dead wallet so that it’s no longer in circulation.

• Second, through transaction fees–also called burn-on transactions. As 1% Tax on every Buy/Sell transactions gets burned instantly (if tax applied).

• Third, through burning some of reserved supply like (team tokens, marketing tokens, development tokens ... etc) when necessary.

• Fourth, through using 1% of royalties collected from NFTs to Buy/Burn the token.

Anti-Whale Protocol

With this function coded in our smart contract, No one will be able to buy or sell more than 0.2% of total supply (200,000 $MVX) in a single transaction.

Fiat Purchase

Soon after the launch of $MVX token, investors will be able to purchase our token with fiat money.