Tokenomics
SpeechAI Token Details
Symbol: $SPXAI Total Supply: 100,000,000 Transaction Tax: 5%
The transaction tax of 5% on all trades (both purchases and sales) of the $SPXAI token is strategically utilized to support and enhance the SpeechAI ecosystem in several key areas:
Allocation of Funds:
Community Engagement & Growth: Funds are allocated towards engaging the community, streamlining the token listing processes on exchanges, and amplifying promotional activities to increase visibility and adoption.
Team Incentives & Liquidity Provision: A portion of the tax revenue supports team incentives, recognizing their hard work and dedication. Additionally, it aids in providing liquidity to ensure smooth and stable market conditions for $SPXAI.
Innovation & Expansion: Investments in the future development of the SpeechAI project and expansion efforts to explore new opportunities and markets.
This strategic use of transaction tax ensures that SpeechAI not only grows and thrives as a community and technology but also remains at the forefront of innovation within the AI and blockchain sectors.
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