Topic: [ANN] - Brixx City -The next generation of penny auctions :) (Read 91 times)

So at this moment, it's already in Pancakeswap right? Then why when I just wanna have fun and try to buy it, the price impact is so badly, 99%. It mean token will almost empty at the place. Did you moved it to another address recently? I think this makes you look unconvincing in this community

Brixx City (BRIXX) aims to combine penny auction function’s from websites such as quibids, NFT auctions (non-fungible tokens) encapsulating digital privately unique content and the integration of the binance smart chain (Brixx Token).

How BRIXX Token works
Brixx City works with a 10% transaction rate. These are applied at each buy and sell order. BRIXX works by reducing the total supply by 10% of each users transaction on the blockchain. Users will receive their equivalent within the 3% of each transaction from anyone else on the blockchain. 3% is burned from circulation with 2% being sent to the developers for development, integration, partnerships and marketing. Finally another 2% is sent to the reward pool. This is an address which will eventually pay out users from the winning prize pool.

Initial supply burn
Initially the supply of BRIXX was 1,000,000,000 coins. We added liquidity on Pancakeswap to the amount of 520,000,000 coins. The remaining 480million ish was burned. This means there is only around 50% of the total supply available on Pancakeswap. However because of the high rate in decreasing the total supply, this will only keep decreasing. The reward pool mentioned above will be used for rewards, meaning there will be a supply in which will be dripped out on winning auctions.

Our vision of Brixx
Initially the vision of Brixx City will be to establish a presence in the binance smart chain community as a leader in token burning and penny auctions. Brixx City will be turned into an online “Penny” Auction site. We will be looking to partner up with some big influencers in various community's such pokemon.

The penny auctions will be replaced with the BRIXX token which will in turn act as the payment protocol for Brixx City. Upon launch of the auction site, users will be able to purchase bids. These bids will be used as a form of credit. Users who purchase these tokens will be able to make bids with a value of ($0.01) per brixx. For example, if a user was to purchase 50 tokens costing (example: 50 Brixx). Each time a user places a bid, one of those tokens will be deducted from the users account. All bids will increase in increments of ($0.01) until no more bids are placed and the winner of the bid received their auctioned prize.

The prizes will be sent from the reward pool where the circulating supply keep decreasing with steady increases of drip feeds through the reward pool. Such items could be the equivalent to $250 worth of Brixx, since users who HOLD will receive more coins overtime. They would in turn be able to purchase more bid tokens, therefore not only does the forever decreasing price make the tokens more valuable, but all BRIXX used to purchase bid tokens will be sent to a burn address.

Brixx City will be hopefully be working in partnerships around the world to donate all final sale prices of an auction, for example if the final sale price was $10 for $250 worth of BRIXX and the users only placed 10 bids at the cost of ($0.49) a bid, they would only have to pay out $10 worth of Brixx on top of the original 10bids which would have been automatically removed at this point. Therefore for the cost of $15 worth of BRIXX they would receive $250 BRIXX ($235 profit). The final cost ($10 worth of BRIXX) will be donated to charities all around the world, as such we plan on doing events sponsored to different charities. So as you can see, there are possibilities to win huge rewards! We will also be looking to host an NFT auction where unique digital content such as pokemon or trading cards are uploaded by partners where users can auction in the same style above to win amazing NFT content.

Marketing and telegram
Marketing for any cryptocurrency is particularly hard and it will in no doubt come with its challenges. The difference in most crypto currencies is users are familiar with coins and tokens which serve no purpose. We aim not only to help our holders but to provide those in need around the world with the support that they so desperately need.

Important Links
Telegram: https://t.me/joinchat/dTjh8wU8SjwzNzQ0
Website: https://www.brixxcity.com
Medium: https://medium.com/@BrixxCity
BSC Scan: https://www.bscscan.com/address/0xc57aeb4e0c088461fec89228900dc59a64f5e867

From all of us at Brixx City, we thank you for taking the time out to look at our project, we hope this is a life changing experience for all involved so that we may bring comfort to those who need us the most.

Thank you
Brixx City