Economy

• Token Burning:

  • A percentage of the fees generated within the ecosystem will be used to reduce and burn $UCM or $IDEAX tokens periodically, reducing the token supply and potentially increasing the value of remaining tokens.

  • Token burning creates scarcity and ensures a deflationary model, aligning the interests of token holders.

• Token Vesting:

  • Vesting periods for all $UCM holders have now been completed. It is important to note that the founders and management team have kept the majority of their tokens which is why there is only <60,000,000 in circulation (100,000,000 total supply).

  • We will create several public wallets to show the current status of $UCM, $IDEAX and IDEAX NFTs for transparency purposes to the community.

• Ecosystem Fees:

  • Certain services and transactions within the IDEAX ecosystem may incur fees, which will be currently collected in $UCM tokens. In the future and per the Utilitysection; we will also leverage $IDEAX and IDEAX NFTs to collect platform fees.

  • These fees contribute to the reserve fund, community initiatives, and token reduction programs.

  • Ecosystem fees are set at reasonable levels to ensure accessibility while sustaining the long-term viability of the ecosystem.

• Liquidity

  • We recognise that liquidity is an important part of the cryptocurrency and digital ecosystem for any token that listed on an exchange.

  • As such we will endeavour to provide liquidity initially on a 'As Needed' basis especially through the new acquisition with IDEAX.

  • Moving forwards acquisition we will engage and work with market influencers, agencies and other third-parties who can help support the IDEAX ecosystem.