Utility Token – The FBX Token serves as a transactional unit to conduct a transaction, i.e. in order to avail a service on the KXCO Chain
Currently an ETH Token
Listed on 6 exchanges
Total supply: 1 billion
Price target: USD 1 by Q3 ‘2023
Future price shall mimick a stable coin and remain stable through forward splits to maintain a reliable and stable transactional value
Used as a financial settlement instrument (see FBX Charter for full details), FBX will be the transactional unit on the KXCO chain, allowing all applications on the chain to run cross settlements without experiencing large currency price risks.