Loved the idea 
One question, will it be possible to buy products using ThanX token ?? Also how the proce of token will be maintained ?
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Hi, thanks for the great questions.
Yes, we have thought about the idea of giving back stables too and at a later stage weāre really considering implementing that feature as well.
Although, the main reason why we sticked with our own utility token is that this way we could create a community owned, low-supply, deflationary token with a buyback & burn mechanism which will be the backbone of our ever-growing Ecosystem. This way we can also give early adopters, supporters and investors the opportunity to join our mission and reap the benefits when we succeed with our project through the appreciation of our token value.
Also, users will have the chance to simply collect the cryptoback and convert it to stables if they want to cash-out. All in all, with our own token we have all the positives a stable could offer without closing any doors in front of us.
Please, let us know if u have any further questions.
6 Likes
Hey,
You will be able to buy gift cards with our token and then buy products with that. But later when we introudce ThanX Pay, the goal will also be to have an agreement with our partners to accept our token as a means of payment for their products. Although this is only planned for the end of 2023 as you can see it in our roadmap.
As for the token price, our tokenomics was designed in a way to maintain the token value and put buying pressure on it.
In a nutshell here is how we will achieve this:
- continuous buybacks
- token burn
- deflationary token with increasing use-cases
- wide range of utility in our ecosystem
- tokens have to be staked for higher benefits
- means of payment for premium membership, gift cards & deals
All-in-all, our token will be the backbone of ThanX Financeās Ecosystem as it will serve several purposes on our platform.
Also, there is a dedicated section in our Whitepaper (5. Token Utility) that highlightes token utility and the demand drivers (like incentives & competitive edge) to allow it to grow adoption faster while also maintaing value.
We hope we could answer your questions in detail, but donāt hesitate to ask for more info.
Thank you!
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Nice spread u got there 
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Hi guys! I like your project but I guess you need to have a company or some kind of an entity in order to have partnerships or aggreements with brands, right? Or if you donāt have anything, how do you manage this part? Thanks
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Hi, ThanX for the question, your assumption is a totally right!
We have ThanX Digital Solutions Ltd. set up for this reason, since the beginning of the year exactly for this and other reasons. We belive itās not just a necessity, but also a must to have an established company when youāre on the way to build a great product.
Have a great day! 
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Awesome project, wishing you good luck 
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Dear #TRONICS, weāre coming with one of the biggest UPDATE for you about whatās been happening lately with our project.
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Weāre happy to announce that weāve extended our team with a new member @maddy_210 who will be helping in Community Management. As weāre getting some nice traction lately, weād like to assist you even faster regarding any questions in our newly launched Telegram group: Telegram: Contact @ThanX_Finance_Official
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We also redesigned our website a little and added a new page for our Whitepaper & Tokenomics.
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Now the fun part!
Although we kept announcing our partners on different channels, to be transparent weāre sharing a full list of brands that joined our program and where our users will be able to earn cryptoback.
Here is a list of all brands & partners in our program:
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Its clearly noticed that this is a great project and so trusty
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Lovely project with a clear SOP. Its great to be here!
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Wow ā¦ heartiest congratulations @maddy_210 
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Great project, I will definitely use it! What the cashback % will depend on?
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Hi, the cashback amount differs at every partner due to the comission rate they offer us and the aggreements we are able to make with them. These factors determine how much we can give back to our users, but obviously we aim for the highest rate.
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Wow, your partners are amazing and I shop at a lot! What will be the cashback rates at them?
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I missed your project when going through the hackathon submission, but yeah this looks really cool.
- Love the conviction of quitting your jobs
- The partnerships looks amazing
Good luck in the future!
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Hey, thank you for the question.
Here is a list of how much % we will give back after each purchase at our partners:
Udemy 6% | BioTechUSA 6% | NameCheap 10% | Deporte Outlet 5% | Travala.com 3% | MyToys 2% | GeekBuying 4% | PUMA 3% | FOREO 2% | TheBodyShop 8% | BrewDog 3% | AliExpress 4% | AboutYou 5% | AlphaZoo 8% |Hostinger 20% | Natureās Finest 15% | Booking.com 3% | SafePal 7% | Vevor 1% | Parfumdreams 4% | Football Factor 5% | Karcher 3% | Groupon EMEA 5% | Shop Apotheke 3%
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The project looks fire. I might want to see the last product!
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Very nice list. Also like companies that are already crypto-focussed, like Travala.
Maybe a nice suggestion:
from @TuruGlobal
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Thank you very much! Yes, the last product will be epic, you can see it on our design and prototypes. Currently weāve 3 developers on the task, but it takes months to develop a properly functional browser extension, and an application takes even more. We will come out with a beta version after the Hackathon and constantly add new features to it.
Right now you can shop through our website (thanx.finance) and in the coming days our developers will also publish a demo version of our extension.
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Weāre glad you like our partners and thank you for the suggestion of adding tronnetwork.store. @KLesku was (& still is) part of building Tron Network Store, so it wonāt be a problem 
1 Like