The BRC-20 sector is catching a lot of attention. This sector has been on fire recently. Of course, with BRC-20 tokens, but also with Ordinals, SATS, and RATS. Bitcoin is having quite the ecosystem nowadays. BRC20X jumped onto this market and offers the first all-in-one BRC-20 solution. It has plenty of features to accommodate your BRC-20 journey.

So, we are taking a closer look at what BRC20X has to offer.

What Is BRC20X?

BRC20X is a platform built on the BRC-20 Layer 2 blockchain. In turn, the BRC-20 chain is built on top of Bitcoin. It is the first all-in-one BRC-20 solution. Hence, it offers plenty of interesting features. This should make it easier for you to join the BRC-20 market. Among these features are, for example,

  • X Cross-Chain Bridge — This bridge allows BRC-20 tokens to transfer to EVM chains and Solana. This works, of course, in both directions.
  • X Virtual Debit Cards. — This lets you shop in private and securely, with your crypto assets. 
  • Metal Debit Card — A physical version of their debit card is in the pipeline. This will be available in a metal and plastic version.
  • X Wallet — The launch of this wallet is imminent. It’s an app that functions as a wallet. It gives access to the various tools that the BRC20X platform offers. All tools are conveniently located in one place.
  • BRC-20 Fiat On- and Off-Ramp — This allows you to buy and cash out your BRC-20 and EVM tokens. Receive fiat without involving third parties.
  • Token revenue — Stake your $BRCX tokens and receive 50% of the platform’s revenue. You receive rewards in the $BRCX token.
  • BRC20X Staking Pools — Receive a juicy APY, currently at 126%. That’s besides receiving your 50% revenue share.

As you can see, plenty of activities and features are available. More features will be live soon.

The $BRCX Token

The $BRCX token is their native token. Currently, you can use it for staking. Once you stake your $BRCX token, you receive a staking and a revenue reward. The $BRCX token launched on 2nd May. Currently, it is available on Pancakeswap and MEXC.

The current $BRCX price is $0.03721. The Fully Diluted Valuation or FDV is $3.8 million. The max and total supply are 100 million $BRCX tokens. During the TGE (token generation event) the team managed to raise $2.19 million. This came from Seed, Private, KOL, and Public rounds. The team receives 8% of the token allocation. That’s a relatively small allocation. However, it also indicates that the team is not in it to make a quick buck.

BRC20X

Source: BRC20X Deck

Conclusion

This is an introduction article on the BRC20X platform. BRC20X is an all-in-one platform for all BRC-20 users. The platform also offers various BRC-20 related features. This lowers the threshold for onboarding the BRC-20 market. We looked among others at the platform and its $BRCX token. We will follow this up with a deep dive into the platform on our YouTube channel.

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Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.

We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. This article has been sponsored by BRC20X.

Copyright Altcoin Buzz Pte Ltd.

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