> For the complete documentation index, see [llms.txt](https://alphaxexchange.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://alphaxexchange.gitbook.io/whitepaper/usdaxt/utilities-and-tokenomics.md).

# Utilities & Tokenomics

## AXT Utilities

Apart from being used to raise funds, $AXT is also innovatively used to create unique incentive schemes and functions that empower users within Alpha X ecosystem.

$AXT utilizes blockchain technology to create an environment where all our users are incentivized to work together towards our company vision of building a sustainable ecosystem, in order to support the growth of web3-based FinTech Companies and Investment Services.

By leveraging on $AXT, we will be able to fulfill our ultimate value, to elevate FinTech with cutting-edge technologies and be at the forefront of Financial Solutions.

Use cases and utilities of $AXT spread across all our core [features](/whitepaper/about-alpha-x/features.md):

### Participating in projects by Alpha X Launchpad

Early supporters of successful projects always benefit the most. As they stick with the projects from the bottom, they deserve to enjoy the fruits of success. At Alpha X, $AXT empowers investors to participate and access all our launches at the earliest stage.

Access to early-stage deals means a bargain price and services for our investors before the public launch on the market. Check out all the best projects [here](/whitepaper/about-alpha-x/features/launchpad/project-page.md) at our Project Page!

{% hint style="success" %}
**Learn more on our Launchpad** [**here**](/whitepaper/about-alpha-x/features/launchpad.md)
{% endhint %}

### Usage of our Financial Services

We aim to power AXT as the core underlying asset that powers all our financial services. By doing so, we are able to empower and incentivise all our holders. For example, by simply holding $AXT, all holders enjoy lower trading fee when trading all cryptocurrencies offered by Alpha X Exchange.

{% hint style="success" %}
**Learn more on our Financial Services** [**here**](/whitepaper/about-alpha-x/features/financial-services.md)
{% endhint %}

### Utilisation of Decentralised AXT Chain Network

Alpha X team is dedicated to blockchain technology R\&D and is planning to release decentralised features in the future. As for AXT, it shall be the core fuel of this decentralized system network and exchange, where AXT will be used as one of the key base assets, as well as gas to be spent.

{% hint style="success" %}
**Learn more on AXT Chain** [**here**](/whitepaper/about-alpha-x/features/axt-chain.md)
{% endhint %}

### Other Exclusive Rights

When AXT holding reaches certain levels, users can enjoy special services like one-on-one investment consultation, customer service Fast-Pass, etc.

### Repurchasing Program

* Every quarter, we will use 20% of our profits to buy back $AXT and destroy, until we destroy 50% of all AXT. All transactions will be on the blockchain. Eventually, 125M AXT will be destroyed, with 125M remaining
* When in stagnant state, highly deflation, increases value and benefit all AXT holders

## Tokenomics

#### Total Supply: 250,000,000 $AXT

#### AXT will initially run natively on the Ethereum blockchain with ERC-20

### Allocation

* **ICO** - 40% (100,000,000)
* **Angel Investor** - 32% (80,000,000)
* **Founding Team** - 18% (45,000,000)
* **Marketing** - 10% (25,000,000)

<figure><img src="/files/EEDqBslHMhEmmGQxl0k3" alt=""><figcaption></figcaption></figure>

### Vesting for Founding Team

Long-term vesting ensures the sustainability and overall success of the entire Alpha X ecosystem.

* Initial release: 20% (9,000,000 AXT)
* Follow by 20% annually (Last vesting at the beginning of the 5th year)