INTRODUCTION
MISSION STATEMENT
securing success without barriers
To utilize the decentralized and centralized nature of cryptocurrency in tandem with business structures, and revenue models. Creating potential that is commonly locked away behind barriers, greed, and apathy, and building a revenue based commodity that will benefit both holders and society.
CONTRACT
STAKING
COMING SOON
REVENUE WITH REAL WORLD UTILITY
What is so commonly lacking in startup cryptocurrency tokens at large? It's the lack of any real world utility when new tokens are created. This means that the growth of the token and the charts are a facade, where the only way to make a profit is to sell on the people that bought in before you. B.O.L.I.X solves this issue by integrating existing business into crypto and donating 30% of the business's net profits, for buyback and burns.
B
Business
O
l
i
x
OPpORTUNITIES
logistics
innovation
execution
THE
vision
As an experienced business owner, Derek will be utilizing one of his long running businesses to the enterprise. This business has customers and active markets in three different countries, alongside real world commerce in twenty locations inside the United States. This is something not commonly seen before by other startup tokens. Derek is seeking to bring success to crypto by combining the business structure and robust retail market into the space.
THE dilemma
Cryptocurrency isn't backed by anything other than what people say. Think of it as a game whereby individuals find ways to “play” on the human emotion of finding the next 1,000x gem and convincing the buyers that their token is the way to achieve that. As individuals buy into the token, those who are at the top of the holder's list see massive gains, while the smaller buyers find themselves continually accumulating that same token, to gain a profit. There is nothing backing it, nothing other than hype that propels it. The chart is not able to grow organically where every buyer is able to succeed. Individuals need to bring on more buyers to increase their token value.
Tokens which use the taxes of their token to start their business or vision, means the chart solely relies on new money to increase the chart, so somebody always loses. Without revenue, a holder of a token relies on other buyers to purchase after them, to increase the chart and the value of their own bag - similar to a ponzi scheme.
THE solution
BolixCorp is building an infrastructure in which buyers can feel safe, where they do not have to constantly DCA (dollar cost average) to recoup their losses. The token in theory should increase in value over time from the profits of a real world business that already exists. BLX token revenue is already being generated prior to its launch. Merging a corporation into an enterprise with people who are already experienced, working in the centralized world where they accomplish and acquire revenue.
THE ACTION
HOW IT WORKS
The use of revenue to “buy back and burn” the supply of the tokens will help to grow the chart in an organic way, so holders are confident knowing that their investment will increase over time. Essentially this concept will help support the growth and stability in the value of the token and minimize the manipulation that is currently faulting the crypto space. A portion of the revenue from the business will be donated each month to purchase from the supply of the tokens and subsequently burn their existence to the “Dead Wallet” where they can never be reacquired, bought, or sold.
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the founder
The creation of the Bolix token with its ecosystem is only possible due to the successful initial efforts, personal marketing, and promotion by the lead developer, Derek. A successful businessman himself, he was able to build a significant loyal community within the crypto space utilizing social media platforms such as YouTube and Twitter. In turn he has been able to reach thousands of community members with his professionalism, honesty, and integrity, whilst educating the public.
the potential
As tokens and businesses are created, then launched within our ecosystem, holders will have the opportunity to support the token and businesses.
Utilizing and promoting the products will contribute to their own gains, as well as the success of the business. As tokens and businesses achieve more exposure, additional opportunities will arise for the holders. The amount of untapped, unrealized talent in the crypto space that is unable to have the opportunity to succeed, holders may be given the chance at participating in the various businesses that are formed.
NFTS
The NFTs will be released over time. There will be a total of ten collections. Each NFT collection will have utility attached in the form of access to a private sale of a token, exclusive giveaways for holders, and future airdrops of tokens when holding a combination of NFTs and tokens within the Bolix Corp ecosystem. Future utilities of the NFTs may be added as the business progresses, and will be updated to the holders when plans have been solidified.
the buyback and burn
The buy back and burn mechanism on the open market will take place randomly as needed in correlation to the chart moving forward. Assuring holders that as time passes, the supply will shrink in a deflationary fashion that leaves liquidity in the tokens, and the chance for an ever rising floor of minimum pricing for the token. Leaving potential holders with an opportunity to get in at any point in the rise, or even fall, of the token price and stand to make gains from their holdings long term.
the opportunity
The cryptocurrency space allows for the achievement of marketing, participation, and innovation of commoditizing business undertakings in ways not seen in the past. Marketing will bring both new holders into BLX token, along with new customers to the business.
In turn, the growth of the tokens chart and increased revenue of the business will progress. The sale of NFTs before token launch have been used to create a prelist to benefit early buyers for the private sale of the first token. This allows the opportunity for new buyers to gain an early entry point into the first token, whether it be on day one with the first token or later on with any of the subsequent tokens
the structure
The cryptocurrency space allows for the achievement of marketing, participation, and innovation of commoditizing business undertakings in ways not seen in the past. Marketing will bring both new holders into BLX token, along with new customers to the business.
TOKENOMICS
total supply: 1 trillion
buy tax
4%
Business
development
1%
liquidity
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Business Development Tax will be used for expenses such as audits, marketing, exchanges, services and future business creation, that will be needed to help grow the business.
Liquidity Tax will help to build a stable floor for the Bolix Token chart, with every buy, 1% of the Ethereum used to purchase tokens will go straight into the liquidity.
sell tax
Business Development Tax will be used for expenses such as audits, marketing, exchanges, services and future business creation, that will be needed to help grow the business.
4%
Business
development
Liquidity Tax will help to build a stable floor for the Bolix Token chart, with every buy, 1% of the Ethereum used to purchase tokens will go straight into the liquidity.
2%
liquidity
9% of the Ethereum from every sale will go towards a buyback and burn wallet, which will be used to buyback tokens and send to a dead wallet. This will help grow the chart and decrease the circulating supply. Buyback and burns will be done manually at times not disclosed to prevent manipulation.
9%
buy back
and burn
roadmap
Phase 1
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Partnership
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KYC/DOX
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Certik Audit
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Launch Token
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Integrated Business
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Donations with Token
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Prelaunch Marketing
Phase 3
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Token 2 Launch
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Staking Platform
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Education Platform
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More CEX EXCHANGES
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PR/News Articles
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Business Events
Phase 2
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Website Redesign
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Wholesale Distribution
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Brand Expansion
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Small CEX listing
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2nd NFT drop - In Process
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Brand Marketing
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Product Line Expansion - In Process
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Buyback and Burn Implemented
Phase 4
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Large CEX listing
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Large Wholesale Acquisition
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Wealth Management Company
Phase 5
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3rd Token Launch
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3rd NFT Launch
disclaimer
DO YOUR OWN RESEARCH.
Past performance is not necessarily indicative of future results. Past performance is no guarantee of future returns and there is no guarantee that the market price of a token will fully reflect their underlying net asset value.
NOT ADVICE:
This Litepaper does not constitute any investment advice, financial advice, trading advice, or recommendation by BOLIX, its affiliates, or its respective officers, directors, managers, agents, advisors, or consultants on the merits of purchasing tokens, nor should it be relied upon in connection with any other contract or purchasing decision. Nothing on any of the social media platforms or websites is, or should be relied on as, a promise or representation in the future.
BOLIX, nor any party associates, makes any representation regarding the likelihood or probability that any actual or proposed account allocation will in fact achieve a particular investment outcome or goal. Cryptocurrencies have the value that individuals associate with it. Always be wise when investing into any digital currency.
Prices fluctuate often and tokens can easily be lost due to digital mishaps and other technical forms of theft. Even though security is our top priority, incidents may occur. Neither Bolix, nor its affiliates, offices, directors, managers, agents, advisors, or consultants are liable for any choices users make with BOLIX. This is an open source community token.
NO REPRESENTATIONS OR WARRANTIES have been made to the recipient of this Litepaper as to the accuracy or completeness of the information, statements, opinions or matters (expressed or implied) arising out of, contained in, or derived from this Litepaper or any omission from this document or of any other written or oral information, or opinions provided now, or in the future to any interested party or their advisors. The information provided is for purposes for Bolix Corp. It is up to every buyer to do his/her own research and weigh the risk taken when investing into a business. Crypto is currently a volatile investment and the value of your investment may change day-to-day.