$AuX price and regulation

TOKEN PRICING

• The price of each $AuX Token will be determined by market forces, as applicable on various exchanges

• The launch price of the $AuX Token will be at least $0.0025 each

• We propose to freeze the price of each PLAY at $0.1 (10 US cents) each

• The $AuX is a fungible Token.

• The price of a PLAY will be stable and predetermined.

• A PLAY is not fungible

• The price of a bid will be a multiple of PLAYs; for example, a bid might cost 1 PLAY or 2 PLAYs or 'N' PLAYs.

• The price of a bid in terms of PLAYs will always be an integer. A PLAY cannot be divided.

$AuX TOKEN PRICE REGULATION

The AuctionX platform is a for-profit platform that aspires to bring value to its investors, auctioneers, token-stakers, community, and the house (AuctionX platform). AuctionX believes in fair play. It will incorporate stringent measures to avoid rug-pull and any form of token dumping incidents or unfair practices. Following standards will be part of the AuctionX platform and ecosystem development.

• Tokens allocated under seed, private, and public sale investors will have a cliff and vesting period.

• The unlocking will start with The Distribution Event (TDE) after the public sale

• 1% of the total coins earned from the sale of PLAYs will be burned every quarter

• Liquidity funded by the AuctionX for the $AuX Tokens will be locked for months

• Once converted, PLAYs cannot be converted back to $AuX Tokens