Token Functions

What's so special about the IAMX Token?

🦸‍♂️Type: Utility Token

👨‍🎓Blockchain Cardano

💹Token Growth Metrics: Fibonacci

⛏Amount of Minted Tokens: 60m

🚩Maximum Supply: 2,75 Bn IAMX Generation 1

🎌Maximum Float: 13,75 Bn IAMX Generation 5

🆔Function Utility Token Create Identity, Verify Identity Enabling 1Click-Fulfillment

👁‍🗨Physical World Value Verification The costs of authenticating a verifiable credential set amounts to 10 EUR / 10 USD in the physical world for sector continuous obligations, banking products. Methods are Video-Ident, Post-Ident, which are GDPR-conform and AML-compliant.

🏆The IAMX Token is a utility token.

The IAMX token is considered to be a utility token, used to create and verify identities, as well as to enable 1-click fulfillment for transactions within the IAMX ecosystem. Token distribution, as detailed HERE, is designed to reward early purchasers, multiplying their allocation by 12x, based on the Fibonacci replicator algorithm. First purchasers of the IAMX token receive a maximum of 11 additional tokens based on a Fibonacci replicator algorithm, rewarding usage.

The IAMX token is the currency for identity transactions within the IAMX ecosystem. Whether creating an identity for the first time, updating attributes, or authenticating identity as part of a purchase transaction, IAMX token exchange occurs. Costs of authenticating a verifiable credential set amounts to $10 USD (€10) in the physical world for sector-continuous obligations, banking products, etc. IAMX relies on live, synchronous video identification, or impersonal confirmation of identity (legitimacy check) also known as “Postident”, both of which conform to GDPR and are compliant with Anti-Money Laundering AML legislation.

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