Cryptopedia - ShopinX (shopinx.io)
ShopinX (SPX) functions as a decentralized commerce platform on the BNB Smart Chain (BSC), connecting digital assets with conventional retail systems. Its main utility enables users to spend SPX tokens to buy digital gift cards, promotional vouchers, and exclusive discount codes from a network comprising more than 400 national and international retail partners and technology firms.
The ecosystem relies on a self-sustaining, deflationary economic model fueled by real commercial activity. A share of the enterprise revenue from merchant integrations is continually directed toward a buyback and burn mechanism. These resources are employed to acquire SPX tokens from decentralized exchange liquidity pools, which are then transferred to a burn address to methodically lower the circulating supply.
ShopinX has a total supply of 1,000,000,000 SPX tokens. During its fair launch on decentralized exchanges, 250,000,000 SPX (25% of the total supply) was released for initial liquidity and public circulation. The remaining 750,000,000 SPX (75%) is held in time-locked smart contracts to support progressive ecosystem growth. This locked portion is divided among Strategic Reserves, Marketing & Partnerships, and Team Development, all following strict cliff and vesting schedules ranging from 6 to 21 months to maintain long-term market stability.
