Token & Project Sustainability

Project Sustainability

-- [a.k.a. How MyxTV Protects $MYX from Becoming $SLP] --

Our current sponsor network and financial runway allows us to grow MyxTV using best practices from web2 and web3 marketing instead of mercenary web3 hype engagement tactics.

MyxTV will use the following strategies to maintain stability:

• Primarily fund marketing activities from conservative yield farm/staking pools rather than principal

• Provide on-chain pools for $MYX token only after creating a pool large enough to prevent an unsustainable dump in token price using MyxTV advertiser fees

• Protect against dilution of current holders through any emissions event that increases circulating supply past the point of sustainability (trading token value for shallow growth)

• Setting a $MYX emissions rate and price to encourage end users to redeem to rewards instead of cash (ref: Sweatcoin)

Ensuring Profitable Exit Opportunity

To promote the best opportunity for early investors to exit at TGE, we will need to counter the following attack vectors:

• Gamesmanship of the MyxTV app (e.g. Sybil attacks)

• Technical risk against other large emissions events

• Cultural shift away from $MYX as primarily an ecosystem/rewards token to a speculative token

The following activities will counter these attack vectors and optimize the opportunity for early investors to profitably exit as referred to in the Release Schedule.

• Multiple binding requirements before withdrawal or exchange is allowed reduces the opportunity for Sybil attacks. In addition, the team will utilize other bot-sniffing technologies and disqualify those accounts from on-chain swaps.

• The MyxTV team will utilize Cxmmunity's current schedule of activations to provide various token sinks within its Discord and other social media.

• MyxTV will begin profit generating activities immediately upon generation of a working MVP. Cxmmunity is unique in that its current sponsor base creates more immediate opportunity for revenues even before MyxTV achieves full functionality.

• MyxTV will allow students to pay for the time of Cxmmunity's extensive executive network, providing student access to employment opportunities/mentorship/Q&A sessions that would be otherwise unreachable to them and creating a compelling $MYX token sink.

The Bottom Line

We know exactly how to protect our ecosystem from Axie Infinity-esque extraction.