Utility of $AMX Token

Content creation and minting

Creators use $AMX tokens to mint their content as NFTs. This ensures ownership, transparency and permanent recording on the blockchain. Content is not released unless it is securely stored and linked to a unique NFT, providing a clear and verifiable record of ownership.

Rewards and incentives

$AMX tokens will be rewarded to users and creators for their active participation on the platform. Creators earn tokens when they create, share or interact with their content, while users can earn token airdrops for engaging with content by liking, commenting, sharing or otherwise interacting with it. This incentivized economic model encourages active participation and content creation, which in turn drives the growth of the AmplifyX platform.

Staking

Users can earn passive rewards by staking AMX tokens. Staking also provides additional benefits such as increased visibility for content creators, governance influence and access to exclusive platform features. This reward mechanism is suitable for users who believe in the long-term success of the platform and want to contribute to its stability.

Governance

$AMX token holders have the right to participate in decentralized governance and have a say in platform decisions, such as feature upgrades, content moderation policies and ecosystem development. Token holders can vote on proposals and shape the future of the platform, ensuring that AmplifyX evolves according to the needs and desires of the community.