Bankex Introduces MainWallet Commission System
As MainWallet alpha test launch group passes the 10,000 user mark, we are relying on this community to provide initial feedback on the alpha version of MainWallet Commission System launching tomorrow.
The objective of the MainWallet Commission System is to emphasize that Bankex is different from a regular bank in that it shares its profits with the community as opposed as to choking its customers and partners with hidden fees and charges as regular banks do.
MainWallet by Bankex is continuing its meteoric ascend, doubling its user base within a month. We expect MainWallet growth to continue its geometric progression, growing from 1,000 to 2,000, from 2,000 to 4,000, 5,000 to 10,000, 10,000 to 20,000 and so forth within the same – and shrinking – time intervals.
As operators of MainWallet, Bankex Group charges a small fee from each operation, be it an online game payment or a coin transfer. These fees are shared with the initial group of admins and with a small group of power users that are coming on board as part of this alpha test, in the following manner.
MainWallet admins are entitled to 30 percent of Bankex fees derived from customers these admins refer. If MainWallet admins hold up to 10,000 BKX tokens for the period for which their commission is being calculated, (100,000 BKX tokens for power users) Bankex will pay them up to additional 30 percent out of Bankex fees plus a referral fee.
The minimum BKX hold amount depends on the type of business admin represents and from the power user profile. Admin token hold range is 1,000 BKX to 10,000 BKX. Holders of BKX tokens get discounts for MainWallet services, the list that is being finalized and will continue to evolve with the platform.
Thus MainWallet admins and power users that refer clients into MainWallet and hold up to 100,000 BKX tokens get to keep up to 60 percent of fees plus referral fees that Bankex Group receives from transactions generated though efforts of these admins.
We at Bankex believe that every time total number of end users on Bankex backend supporting MainWallet and its multiple operations hits a 100,000 user mark, BKX token circulation may contract by 10 million tokens. Bankex projects to hit the first 100,000 MainWallet user mark shortly, and to be at 1,000,000 soon thereafter.
For more details on MainWallet Alpha Commission System, to see if you qualify as a MainWallet admin, and for an advanced copy of Bankex White Paper explaining MainWallet tokenomics, please contact us at bankex@bankex.com.
Sincerely,
Igor Khmel
CEO
Bankex Group