DRX Token

What is DRX Token?

DRX is a comprehensive project focusing on sports in Asia, integrating blockchain technology to revolutionize sports engagement and fan experiences. With a native cryptocurrency, DRX Token, the project supports various initiatives that foster community participation, sports sponsorship, and user interaction through gamification and unique membership perks.

Who are the founders of DRX Token?

DRX Token was founded by Kashish Mony Topandasani and Sanjev Vengada Rama. It originated from DRX Wear, an apparel company specializing in soccer jerseys. One of the major challenges in the sports industry is counterfeit merchandise, which significantly impacts the revenue of sports clubs. DRX Wear addresses this issue by integrating NFC technology into jerseys, allowing owners to scan and verify the authenticity of their apparel.

What makes DRX Token unique?

DRX Token stands out due to its integration within the sports and fitness ecosystem, combining blockchain technology with real-world applications. Unlike typical cryptocurrencies, DRX Token is directly linked to DRX’s sports apparel and merchandise, which feature NFC chips embedded for authenticity verification through the DRX Sportnet app. Additionally, DRX Token plays a pivotal role in supporting Indonesia’s sports industry, including funding grassroots sports development and providing financial support to legendary athletes who have contributed to the nation's sports legacy.

By combining blockchain with tangible sports-related use cases, DRX Token bridges the gap between digital assets and the real-world sports economy, making it a unique offering in both the crypto and sports industries.

How many DRX Token are in circulation?

The total supply of DRX Token is 50,000,000,000 tokens, with no additional tokens being created, distributed as 3% for advisors (1,500,000,000 tokens), 8% for team (4,000,000,000 tokens), 10% for partnerships & BD (5,000,000,000 tokens), 10% for staking rewards (5,000,000,000 tokens), 5% for loyalty and gaming program (2,500,000,000 tokens), 10% for community growth fund (5,000,000,000 tokens), 12% for marketing (6,000,000,000 tokens), 10% for development funds (5,000,000,000 tokens), 10% for talent development program (5,000,000,000 tokens), 8% for liquidity CEX (4,000,000,000 tokens), 4% for liquidity DEX (2,000,000,000 tokens), and 10% for token sale (5,000,000,000 tokens).

Where can you buy DRX Token?

DRX Token is currently available for purchase on Ajaib Alpha, BitMart, Indodax, GudangKripto, Mobee, and Reku, as part of its strategy to prioritize listings on Indonesian-based centralized exchanges (CEXs) before expanding to global platforms. This approach ensures accessibility for local investors and strengthens market presence before entering the international market.

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DRX Token's launching event: https://www.instagram.com/reel/DG4ieiqTFwR/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==