AREXA Tokenmics

Apart from the cutting-edge neural network of the AREXA AI, the project incorporates the latest advancements in blockchain technology into the tokenomics.

The AREXA token operates on the Ethereum blockchain and is coded using the unique ERC-2535 Diamond standard, specifically designed for projects requiring complex on-chain solutions with transparent upgradability of smart contracts.

What does this mean in practical terms? It grants the community the power to participate in decisions about future developments, paving the way for the initial smart contract to evolve into a DAO-compatible solution as the project progresses.

Additionally, the AREXA smart contracts can easily integrate new features, such as collectible NFTs, thanks to its versatile design.

An essential feature of the Diamond upgrade is that it does not alter the origi- nal contract address, eliminating the need for token changes. Moreover, the Diamond upgrade process is entirely transparent, and anyone can verify it – ensuring trust and accountability.

In essence, the AREXA AI token is governed by “one contract address to rule them all.” As previously discussed, the AREXA ecosystem consists of five tiers, each offering unique benefits to users.

These tiers come with different pricing and features, yet they all represent AREXA tokens.

Think of them as keys that unlock access to distinct levels of services and benefits. Moreover, the AREXA team is exploring an innovative concept of utilizing NFTs.

The goal is to integrate business features into these NFTs, creating a novel way to engage users and enhance the platform’s functionality.

With the versatile AREXA Diamond, future upgrades can be smoothly implemented to cater to the evolving needs of the community and the project’s growth.