1 $FIX = 1 metric ton (MT) of Crude Algae Oil (CAO) (subject to MOQ where physical delivery of CAO is performed via licensed entities). $FIX is the first and only tradable utility token/ instrument and global standard (spot price) of CAO sourced by proprietary database algorithms. CAO has gained >35% YTD as of 1 Jan 2023 with the highest return at >70% in 2022.
$FIX is the market capitalization benchmark of the CAO industry, making it the #1 ESG (Environment, Social, Governance) crypto (previously FIXX). With Automated Market Maker (AMM), $FIX permanently records the spot price of CAO sourced from the global CAO network. Whereas Finamatrix (FIX) is a membership staking token with voting rights, both FIX and $FIX have a maximum of 50 million supply each, which services 50 million traders based on market analytics. FIX token owners will be offered $FIX at an exchange rate to be determined after central listings and ensuring sustainable liquidity. Traders will be able to buy/sell $FIX in selected exchanges.
- Built on Swiss-based Waves.Tech (WX.Network) public blockchain, members can view Finamatrix (Public T&C apply / Litepaper) cross rates here: FIX/USDT / $FIX/USDT (community tokens verified here: Staking-FIX / Reward-$FIX)
- Lowest fees in the CAO industry; minimum purchase of 0.01 $FIX; instant settlement; automated trading bots available.
- Finamatrix uses funds to ensure robust price discovery of $FIX and is able to access CAO at cost via the shareholdings of our global energy partner(s) at economies of scale.
From 31-Mar-2022, CAO prices are recorded permanently on the public blockchain with AMM technology on a monthly basis where $FIX is sent from issuer to receiver with the transaction volume equal to the CAO price per MT, which matches the description attachment.
This is a crypto-verified ledger, where prices cannot be edited, and is the base value for $FIX and market value (MV) or capitalisation. $FIX represents the ex-ante (expected/before the event) demand for CAO. $FIX also provides access to global settlements, DeFi for mining fees, arbitrage & algo-trading opportunities, etc with our growing partnerships and DeFi/Web3 integration (offering futures and options).
CRUDE ALGAE OIL PRICES ($FIX) CRYPTO-DATABASE:
1-Apr-2022: US$1381/MT – MV: US$69.1B
1-May-2022: US$1607/MT – MV: US$80.3B
1-Jun-2022: US$1624/MT – MV: US$81.2B
1-Jul-2022: US$1269/MT – MV: US$63.5B
1-Aug-2022: US$1364/MT – MV: US$68.2B
1-Sep-2022: US$1345/MT – MV: US$67.3B
1-Oct-2022: US$1221/MT – MV: US$61.1B
1-Nov-2022: US$1424/MT – MV: US$71.2B
1-Dec-2022: US$1492/MT – MV: US$74.6B
1-Jan-2023: US$1266/MT – MV: US$63.3B
1-Feb-2023: US$1236/MT – MV: US$61.8B
1-Mar-2023: US$1185/MT – MV: US$59.2B
Note: Tokenization (data security) in the form of a token or cryptocurrency contains valuable information that is transferred on a secure decentralised network, ledger or database. This results in non-editable output on a network of computers, ad infinitum, and crypto value that fluctuates based on the information being transferred.