Accelerating decentralisation with token distribution!

What is Capx?

Capx is a sector-specific Layer 2 blockchain, specialised for token distribution and trading, facilitating curated distributions for project communities, token streaming for investor distributions, and a liquid secondary market for tokens.


Welcome to the Capx GitBook documentation! In this guide, we will provide you with a comprehensive overview of the Capx token distribution infrastructure and how it can help your crypto project succeed. We will cover the problems faced by many project founders in the early stages of development, our innovative solution using IOU tokens, and the benefits of using Capx to bootstrap early engagement for your project.

Overview of Capx

Capx is a cutting-edge token distribution infrastructure designed to help crypto projects capitalize on the potential of their tokens before they hit the market. By facilitating the issuance of IOU tokens prior to the official token launch, Capx empowers projects to build and maintain early engagement, align incentives, and create a strong foundation for growth.

Problem Statement

Token distribution is a critical success factor for any crypto project. However, many project founders underestimate the power of tokens during the early stages of development, focusing instead on technical aspects and market fit. As a result, they often miss out on the potential of tokens to create incentive alignment and bootstrap early engagement.

Solution: IOU Token Distribution

Capx addresses this problem by enabling projects to issue an IOU token before the actual token launch. The IOU token represents a promise to deliver the project token once it is launched. By distributing these IOU tokens to early users and adopters, projects can incentivize them to engage with the platform, provide feedback, and contribute to the project's growth. This early engagement not only boosts project awareness and adoption but also helps in building a committed community.

Benefits of Capx

Using Capx for token distribution offers several advantages:
  1. 1.
    Incentive alignment: By distributing IOU tokens, projects can motivate early users and adopters to actively engage with the platform and contribute to its success.
  2. 2.
    Bootstrapping engagement: IOU tokens help create buzz around the project and generate interest, leading to a higher likelihood of success at the time of token launch.
  3. 3.
    Simplified token swap: Capx provides a seamless token swap mechanism, allowing users to exchange their IOU tokens for project tokens once they are launched.
  4. 4.
    Flexibility and control: Projects can customize IOU token parameters and distribution strategies to suit their needs and goals.
  5. 5.
    Enhanced project visibility: By leveraging the power of tokens early on, projects can gain increased exposure and attract more investors and users.
With the Capx token distribution infrastructure, your project can harness the full potential of tokens and set the stage for long-term success. In the following sections, we will walk you through the process of setting up Capx, issuing IOU tokens, and managing the token swap.