$CUBIX Token
Overview
The $CUBIX token is a utility token within the Realm of Cuboids. It is earned by holding a Cuboid NFT.
$CUBIX can be held and traded just like any other ERC-20 token, stored in Metamask or a compatible wallet. $CUBIX is burned, or spent, in exchange for CUBOID upgrades and Realm Extensions.
Supply
Token generation: Holding a genesis Cuboid NFT yields 10 $CUBIX tokens per day, every day. OG Cuboids earn 20 $CUBIX tokens per day.
$CUBIX accrued can be viewed and claimed from the official dashboard available on the website.
$CUBIX will eventually become deflationary via "The Realm's Treasure" periodic burning and holders will be incentivized to hold.
Uses
$CUBIX can be spent (Burned) to perform actions on Cuboids, as follows:
You can RENAME your Cuboid by spending some $CUBIX.
You can set the STORY (a kind of biography) of your Cuboid by spending some $CUBIX.
If you hold 2 or more Cuboids, you can spend $CUBIX to EVOLVE them thereby, burning your Cuboids.
This evolve feature will be released with a later update and in-accordance with community feedback.
$CUBIX can also be used in the following areas:
$CUBIX can be staked to earn the in-game token $SHAPE.
Purchase items within the Realm of Cuboids Marketplace. A major portion would be committed to The Realm's Treasure, while the remaining would be burnt.
Cuboid upgrades.
Land extensions and upgrades.
Utilities within the CubeVerse.
Physical merchandise store (3D figures).
Governance powers within the Realm of Cuboids. $CUBIX holders will be able to participate in governance voting in the future as part of the upcoming Realm of Cuboids DAO.
Tokenomics breakdown will be revealed soon.
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