So TXT is an ERC20 token, correct? You guys have built a very cool platform prototype and i can see the potential. What is the utility of the token? Being that you are a project based on dapps development, will the platform be able to generate income for the company or are you just relying on being able to sell tokens as the price goes up after it gets listed on an exchange?
yes, that is a very good question. Yes
TXT is an ERC20 utility token. TXT is the main token of our eco-system.
For our flagship platform it will require a payment of TXT to use the platform. This initial fee is to create your ERC20 tokens & your account profile that will show in our listings. You will also automatically have the ability to offer your tokens in the
TuneTrade P2P exchange.
To further answer your question there are 4 ways our platform can be monetized.1. Initial ERC20 coin & listing creation. (This not only gives the token utiltiy but creates liquidity because people have to buy TXT token to use the platform
2. When you create your intitial listing and tokens, you have an option to batch create your tokens or create an entire ICO/Token sale. If the creator chooses to do this our platform will take a small % less then 5% of the eth raised.
3. IF a token creator decides to offer their tokens in the p2p exchange there will be a small % fee if someone buys the coins.
4. The platform will have both a premium listings section as well as a some advertising locations. These will be purchaseable with our TXT token, which once again provides extra liquidity.
Indirectly
5. We will also have other availabe products & services by TuneTrade or 3rd parties such as wordpress plugins, airdrop bots, Discord bots & Token sale consulting that will be offered to new token creators looking to further promote their new Brand or project tokens.
But TuneTrade will not stop there. We have a list of potential DApps we will build to help creators utilize their tokens. In fact we already built an ERC20 scheduling/vesting/automatic payment app that is currently live on the Ethereum network for anyone to use here
https://txt-scheduler.herokuapp.com/We have long-term plan and road-map building out what we think is the future.