Whitepaper | ScorpX

ScorpX Architecture

ScorpX will bridge its local scorpion farm and manufacturing facilities to the decentralized finance (DeFi) architecture using web3 technology. Token holders will have the opportunity to govern ScorpX through a decentralized autonomous organization (DAO). This innovative approach aims to manage the supply of scorpion venom to the pharmaceutical and chemical industries via sales management on the web3 architecture. ScorpX Token will seed this bridge. By integrating DeFi, DAO, and local facilities, it will bring a new breath to the industry.

Smart Contracts

Token Contract
Swap Contract
Stake Contract
Market Contract
Governance Contract

Off-Chain & Others

Scorpion Farms
Scorpion venom production facilities

Tokenomics

Basic Information

The fundamental information of $SCOX is as follows:

Token Name: ScorpX
Token Symbol: $SCOX
Token Decimals: 18 decimals
Total supply: 10,000,000,000

Token Distribution

Establishment of Local Facilities: 30% (3,000,000,000 $SCOX)
Presale: 25% (2,500,000,000 $SCOX)
Team & Advisors: 15% (1,500,000,000 $SCOX)
Ecosystem Fund: 15% (1,500,000,000 $SCOX)
Staking: 15% (1,500,000,000 $SCOX)

Sales

One of ScorpX's primary sources of revenue is selling scorpion venom to the pharmaceutical and chemical industries. The profit from these sales will be distributed to investors according to the company's policy. Distribution will be based on investors' asset ownership ratios.

DAO Fund Management

ScorpX manages funds using a decentralized autonomous organization (DAO) structure. ScorpX's DAO makes decisions on how revenue from funds will be distributed and which projects will be supported based on community participation and operates with transparency principles.

Staking

Users within the ScorpX ecosystem engage in staking by locking a certain amount of assets. This process enhances network security and provides users with the opportunity to generate income.

Architecture, Tokenomics, Revenue Share