SPOT presale: own a share of SpotEx's revenue from $0.0025
SpotEx has no outside investors: SPOT holders are its investors, paid dividends from the revenue of every trade, swap, withdrawal and listing. Tier 1 is open at $0.0025, the lowest price there will ever be.
Posted by SpotEx.trade
Most exchanges are built with money from venture funds, and when those exchanges succeed, the funds collect the profit. SpotEx took no outside investors. There is no venture fund behind us waiting for its payout.
Instead, SpotEx is funded by its own users, through the Spotex Coin (SPOT) presale, and the people who back the exchange share in what it earns. The people who hold SPOT are SpotEx's investors, and they will be paid dividends from the exchange's revenue.
Think of it the way you would think of owning shares in a company you believe in. You buy in early, and as the company grows and earns more, you share in what it earns. SPOT is how you take that position in SpotEx, and right now you can do it at the lowest price there will ever be: $0.0025 per SPOT in tier 1. And tier 1 is what starts the dividends: the first one is paid on the 1st of the month after tier 1 sells out.
Why SPOT exists
When we started building SpotEx, we had a choice. We could raise money from a fund, give away a slice of the company, and spend the next years working for that fund's returns. Or we could build with the community and share the upside with them.
We chose the community. The money raised in the presale pays for what it takes to run a real exchange:
- the servers and the blockchain nodes behind every coin we list;
- liquidity for the markets;
- security, from our own custody systems to the daily proof of reserves;
- the people who build and run it every day.
In return, SPOT holders receive what a fund would have taken: a share of the exchange's revenue, paid out as dividends.
How revenue sharing works
SpotEx earns money every day the exchange is used, and it will share that revenue with SPOT holders as dividends, from every revenue stream the exchange earns:
- Trading fees, paid on every trade on every market.
- Swap fees, paid on every instant swap through a liquidity pool.
- Withdrawal fees, paid on every withdrawal to an outside wallet.
- Listing fees, paid by projects that list their coin on SpotEx.
- The voting pool, from Coin Voting, where projects compete for a listing.
Dividends are paid in proportion to how much SPOT you hold, just like dividends on company shares. Your share of every payout is simply your SPOT divided by the 21,000,000 total supply.
There is no hidden class of insiders with better terms. The SPOT held by the SpotEx treasury counts exactly like anyone else's. The 10,000,000 SPOT sold in the presale make up about 48% of the total supply, so presale holders together would receive about 48% of every payout.
What your SPOT is worth in a payout
| You hold | Your share of every payout | Cost in tier 1 | Cost in tier 5 |
|---|---|---|---|
| 10,000 SPOT | 0.048% | $25 | $75 |
| 100,000 SPOT | 0.476% | $250 | $750 |
| 1,000,000 SPOT | 4.76% | $2,500 | $7,500 |
| 2,000,000 SPOT (the most one account can buy) | 9.52% | $5,000 | $15,000 |
To make that concrete: if SpotEx shared $10,000 of revenue in one payout, someone holding 100,000 SPOT would receive $47.62, and someone holding the full 2,000,000 would receive $952.38. That is an illustration of how the split works, not a forecast of what will be paid.
Why the payouts grow with the exchange
Every new user, every new listing and every trade adds to the revenue that is shared. As SpotEx grows, the same SPOT is a share of a bigger pool. That is what makes early SPOT holders different from ordinary users: you are not just using the exchange, you own a piece of how it does.
Why buying early matters
The presale sells 10,000,000 SPOT in five tiers. Each time a tier sells out, the price steps up, and it never comes back down.
| Tier | Price per SPOT | SPOT in the tier | Compared with tier 1 |
|---|---|---|---|
| 1 (open now) | $0.0025 | 2,000,000 | |
| 2 | $0.0035 | 2,000,000 | +40% |
| 3 | $0.0050 | 2,000,000 | 2× |
| 4 | $0.0065 | 2,000,000 | 2.6× |
| 5 | $0.0075 | 2,000,000 | 3× |
Because every SPOT carries the same share of every payout, the price you pay decides how much of the exchange's revenue each dollar buys you. The same share of every payout costs three times as much in tier 5 as it does today. $10 buys 4,000 SPOT in tier 1, and only 1,333 SPOT in tier 5.
As of 22 October, only about 58,600 of tier 1's 2,000,000 SPOT have been sold. Almost the whole lowest-priced tier is still available.
Tier 1 selling out is also what switches the dividends on: the first dividend is paid on the 1st of the month after tier 1 sells out. Every tier 1 purchase, and every friend you bring in, brings the first payout closer.
A supply that can never be diluted
Shareholders in a company can be diluted when it issues new shares. SPOT is built so that cannot happen to you:
- There will never be more than 21,000,000 SPOT.
- The planned on-chain token writes that cap into its contract. Once the supply has been created, minting is to be switched off publicly, so nobody, including us, can print more.
- Your share of every payout can only change when you buy or sell SPOT, never because new coins appear.
What SPOT does today
Revenue sharing is the big reason to hold SPOT, but you do not have to wait for it to use your coins:
- Decide what gets listed. SPOT is the currency of Coin Voting. Put it behind the project you want on SpotEx. Every listing it wins brings new users and new trading fees to the exchange you share in.
- Trade it any time. SPOT has its own SPOT/USDT market, open around the clock. You are never locked in.
- Claim more of it. Pick up free SPOT from faucets, one claim per person.
- Earn it by sharing. Get 5% of every presale purchase your friends make, paid in SPOT (more below).
What is coming next
- Dividends to SPOT holders. The core of everything above, and a firm commitment. The first dividend is paid on the 1st of the month after tier 1 of the presale sells out.
- SPOT on Ethereum and BNB Chain (planned). SPOT is set to launch as a token on both chains, so you can hold it in your own wallet. The contract is written. Until launch, your SPOT stays in your SpotEx balance.
Invite friends, earn 5% in SPOT
Every time someone you invited buys SPOT in the presale, you receive 5% of the SPOT they buy, credited the moment their purchase completes. It comes out of the presale's own supply, so your friend pays nothing extra. Every SPOT you earn this way carries its share of every payout too.
Your invite link keeps paying after the presale as well: it earns you 25% of the trading fees your friends pay on SpotEx. Find it on your Overview or the Invite page.
One account per person: rewards are never paid between accounts that belong to the same person.
How to buy, in under a minute
- Add USDT. Deposit USDT to your SpotEx account on Ethereum, BNB Chain or Polygon.
- Open the SPOT page. The SPOT page shows the current tier, its price and how much of it is left.
- Choose your amount. Anything from 10 SPOT up to 2,000,000 SPOT per account. The preview shows exactly what it costs before you confirm.
- Buy. Your SPOT lands in your balance at once.
Your SPOT is provably there
Every day, SpotEx publishes a proof of reserves: a fingerprint of every account's balances, SPOT included, anchored on the Peercoin blockchain. On the Reserves page you can check that your own balance is in it. You do not have to take our word for it.
Questions people ask
When do dividends start?
The first dividend is paid on the 1st of the month after tier 1 of the presale sells out. If tier 1 sells out during December, for example, the first dividend is paid on 1 January. The faster tier 1 sells, the sooner it comes.
Is SPOT a share in the company?
SPOT works like a share in what the exchange earns: it pays dividends, in proportion to what you hold. It is a coin, though, not a legal share: it does not give you legal ownership of SpotEx or a vote on how the company is run.
Who holds the rest of the supply?
The SpotEx treasury holds the 11,000,000 SPOT that are not in the presale, for liquidity, rewards and running the platform. It is paid exactly like any other holder, no more.
Can I sell my SPOT?
Yes, any time, on the SPOT/USDT market.
What happens when tier 1 sells out?
Tier 2 opens at $0.0035, and the price keeps stepping up with each tier until all 10,000,000 presale SPOT are sold.
Before you buy
SPOT is a new coin, and its market price can go down as well as up. Dividends are paid from what the exchange actually earns, so the size of each payout will vary with it, and the on-chain launch is still planned. Buy only what you can afford to lose, and read the risk disclosure first.
SpotEx is owned by no fund. It is backed by its users. Become one of SpotEx's backers at $0.0025.
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