Tokenomics

The $AKSHN token is used to power the SportsBlock™ Betting Engine on the Akshun Platform. Users can purchase the token on the open market or earn the token through ecosystem engagement.

With many years experience in blockchain and a team with over 30 token deployments, we believe the key properties of a successful AKSHN Tokenomics model are as follows:

• Has usefulness in the ecosystem and without it the ecosystem will function less efficiently.
• It has inflationary resistance, so the issue of tokens is thought out in the system;
• Scalable: tokens can be sent between people quickly and in large volumes;
• Accepted by many people, services, artificial systems;
• It has liquidity: tokens are traded on exchanges and p2p sites;
• It has motivational features for use, which are divided into economic incentives (the token holder earns more, wins more or saves with it) or managerial incentives (the token holder has the right to vote and influence the ecosystem).
• The token has “rules of the game”: users understand what can be done with this token and what cannot.

Token Supply

Total Capped Supply of $AKSHN = 1,000,000,000.

Network Fees

AKSHN Proposes:

• 1% fee. A % to be redistributed to users through rewards & treasury and a % burnt.
• We aim to have low fees and may introduce agreed adjustments to incentivise investors to maintain a presence in the ecosystem.

$AKSHN is deflationary: Notes on a Deflationary Model (Example: BNB)

• A deflationary model means there is a hard cap (limit) on the number of tokens created.
• In the deflationary model, token supply only decreases over time.