Codex Protocol (CODX)
Codex issued a native token for several purposes: to access and pay fees to the registry to create, amend and transfer titles. Codex token is further used to align incentives within the Codex ecosystem.
Once an item is on The Codex, its future ownership is immutably tracked. When items are first loaded onto The Codex, any associated information needs to be verified.
Codex Protocol relies on Validators to research and load this information or to verify it if loaded by end-users.
Codex could support an application that enables buyers to post bounties for appraisals of a Codex Record that appraisers can complete for by appraising the authenticity and value of the piece.
ICO token supply: 400,000,000
Hard cap size: 15,000,000 USD (fiat)
Raised: 12,000,000 USD
Price: 1 CODX = 0.067 USD
Minimum investment: 0.05 ETH
Product Type: App
Additional Token Emission: No
40% - Token Sale
20% - Operating Company Reserve
20% - Community Pool
10% - Founders & Early Backers
5% - Advisors
5% - Team
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