This page gives an overview of Tixl’s business model, describes TXL’s advantages and use cases as well as covers supplies, token locks and tokenomics. In case you want to find out the current or historic price of TXL, please use CoinMarketCap or CoinGecko for that.
The business model for Tixl's Autobahn Network is based on its Tixl Token TXL.
It is used for covering transaction & trading fees, as a utility in our partner's data platform Tixl Finance and in any other own or 3rd party product.
Fiat revenues collected from partner projects (Tixl Finance or the Social Mining Club) will be utilized for buy-backs or token burns.
A number of different concepts for improving Bitcoin - and the transfer of digital assets in general - have been developed, with the goal of achieving fast and cheap transactions, or to provide privacy. The Tixl Token on the Autobahn Network provides a perfect combination of them all.
As with all transactions on the Autobahn Network, TXL can be transferred quickly and efficiently.
Fees within the Autobahn Network are always minimal. TXL, however, can be transferred free of charge.
Based on an environmentally friendly consensus algorithm, TXL takes care of our planet.
For authorized service providers, Tixl keeps both transaction amounts and the balances hidden.
Tixl runs on the consensus algorithm of the Autobahn Network which is based on SCP (Stellar Consensus Protocol).
Quantum Secure Encryption
Tixl uses quantum secure encryption to protect transaction amounts and account balances.
TXL Use Cases
Store of Value
TXL is the flagship asset of Tixl's Autobahn Network and can be transferred with zero fees. The feature set of the Tixl token makes it the world's most advanced digital asset.
TXL is indirectly used to pay transaction fees in the Autobahn Network. Initially, the fee is paid in the currency of the asset being transferred. Following this, the validators burn the equivalent amount in TXL.
3rd Party DeFi Apps
Tixl’s Autobahn Network serves as a DeFi base layer. By using the Tixl SDK, developers can build apps on top of Tixl’s Autobahn Network. This increases demand for TXL as the fuel that powers the network.
Alongside integration into existing wallets, work is already underway to build native mobile wallets to interact with Tixl's Autobahn Network. There are plans for additional features which will increase the demand for TXL.
Stablecoins representing today's fiat currencies such as EURO or USD running on Tixl’s Autobahn Network would drastically increase demand for TXL.
Central Bank Digital Currencies
Central banks are looking at creating their own digital currencies. Tixl’s Autobahn Network would be an ideal platform for such usage - and generate enormous value potential for TXL.
The circulating supply for TXL can be defined as all tokens which are not in the hands of the Tixl organization and all tokens which are not time-locked in smart contracts. The corresponding time-lock contracts will be deployed and made open source soon.
Most of our not yet circulating supply is time-locked. Having a long-term vision and goal, all future tokens will only be released slowly.The founder wallets are fully locked until mid of 2021. Thereafter, only 1% being released monthly until 2029.Other future tokens will also be time-locked to avoid high inflation. A maximum of 20,000,000 TXL shall be added to circulation each year starting 2021. The smart contracts will be deployed soon.
Tokenomics Pie Chart
The following pie chart shows the detailed TXL tokenomics. Use the dropdown to switch between different modes:
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