The native digital cryptographically-secured utility token of BitMax (BTMX) is a major component of the ecosystem on BitMax, and is designed to be used solely as the primary token on the platform. BTMX will initially be issued by the Distributor as ERC-20 standard compliant digital tokens on the Ethereum blockchain. BTMX is a non-refundable functional utility token which will be used as the unit of exchange between participants on BitMax. The goal of introducing BTMX is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on BitMax. BTMX does not in any way represent any shareholding, participation, right, title, or interest in the Foundation, the Distributor its affiliates, or any other company, enterprise or undertaking, nor will BMAX entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Singapore or any relevant jurisdiction. BTMX may only be utilised on BitMax, and ownership of BTMX carries no rights, express or implied, other than the right to use BTMX as a means to enable usage of and interaction within BitMax. BTMX would also function as the economic incentive to incentivise users to participate in the BitMax ecosystem. Users of BitMax and/or holders of BTMX which did not actively participate will not receive any BTMX incentives. The Distributor which issues and sells BTMX shall be an affiliate of the Foundation. The limit of 10 billion BMAX is strictly imposed without any further increase. The users can obtain BTMX through the 'Trading Mining' model and are eligible to receive BTMX incentives based on the trade volume of their user account. BTMX can also be purchased on the exchange under the pairs of BTMX /BTC, BTMX /USDT.
Horyou, is a unique platform for social good, allowing to share ideas, be inspired and help each other. Horyou connects individuals, organizations and entities fostering social good (https://www.horyou.com/). Blockchain is one of the latest revolutionary technologies. It has taken industries by storm and shown a new way of embracing technology with the most advanced concepts of decentralization, inclusion and participation. Blockchain technology holds great promise. However, up until now, a plethora of interests has flooded Blockchain platforms and projects with speculative strategies, driven by greed and speculation rather than vision and passion. At a time when society is facing worldwide challenges including those mentioned within the United Nations Sustainable Development Goals, we believe in technological advancements that create a fairer, more inclusive and more sustainable world. So, how can Blockchain be at the service of social good? At Horyou, we believe in Blockchain supporting decentralization and bringing social good everywhere in the world. We call it Blockchain with a Purpose. We're introducing HoryouToken, our utility token built on top of Ethereum Blockchain to fuel the virtuous circle of Horyou interactions. HoryouToken makes it possible for anyone to participate in social good by providing access to a traceable and intelligent philanthropic redistribution service called 'Proof of Impact'.