ShibaX is a community-driven project built on the MultiversX blockchain that revolves around a collection of 10,000 NFTs. The project has its own token called XSHIB, which is distributed to minters through airdrops. The total supply of XSHIB is 999 990 958 407 042. The main objective of ShibaX is to create a strong and dedicated community and build an ecosystem around the collection and the token. The project has no limits or restrictions, and the community has the power to shape its development.

The benefits of a ShibaX NFT are manifold. Each NFT minting comes with an airdrop of XSHIB tokens and a burn rate to reduce the total supply. It will also be possible to stake the NFTs and receive XSHIB rewards. In addition, a ShibaX NFT is equivalent to a pass that allows the holder to vote and submit requests to the community. Each NFT holder will have a chance every week to win the ShibaXRaffle, which offers excitingrewards. Overall, owning a ShibaX NFT provides multiple benefits and opportunities within the ShibaX community, including access to exclusive events, early access to future collections, airdrops, WL and more.

The amount of XSHIB you will receive when minting an NFT depends on when you do it. The earlier you mint, the larger the XSHIB allocation you will receive compared to those who mint later. It's important to note that each NFT mint also burns a certain amount of XSHIB based on the current burn rate. So, the more NFTs you mint, the less XSHIB you will receive and the more you will contribute to burning XSHIB. You can refer to the detailed tables to see the XSHIB allocation based on your minting time and the current burn rate. Additionally, please note that the cost of minting an NFT increases gradually up to 0.2 XSHIB for the last 2 500 NFTs.

XSHIB will have a fundamental role in the ShibaX project, serving as the centerpiece of our decisions as we aim to provide it with significant value. We believe in the power of burning tokens to increase their value, and as such, plan to continuously and consistently burn XSHIB over the long term to bring a real and tangible benefit to holders. With XSHIB, users will be able to purchase NFTs from future collections, with a second collection already in the works. Additionally, users can stake their XSHIB to accumulate even more and participate in voting or betting on ShibaXBet. XSHIB also allows users to purchase tickets for the ShibaXRaffles, which occur on a weekly basis, offering users the chance to win significant prizes

The income will be distributed as follows :

ShibaX Club is a decentralized autonomous organization (DAO) created by the ShibaX project. The purpose of ShibaX Club is to provide a platform for the community to participate in the decision-making process of the project. Every NFT holder and 10 millions XSHIB owner will have the opportunity to submit and vote on proposals. These proposals could include ideas for new partnerships, future direction of the project, or any other relevant topics. Once a proposal is submitted, the community will have a chance to vote on it. The proposal will be accepted or rejected based on the outcome of the vote. Through ShibaX Club, the community will have a direct say in the future of the project. It's an exciting opportunity for everyone involved to come together and help shape the future of ShibaX.