cXc.world Launches 🟣 Purple, a Co-Creative Economy on WAX Blockchain

Purple’s tokenomics reveal revolutionary mechanics geared towards rewarding creators for creating and generating local Top Charts.

Today Current X Change LLC (cXc) released Purple, a blockchain-based multi-token economy with a stated purpose to empower co-creation. This co-creation system works by providing each participant with up to 288 tokens, called SOL, per day for free. Participants then use 1 SOL to “Up” (short for upvote) content which other creators have posted to cXc.world, cXc’s map-based dapp (decentralized application).

After receiving an Up on their content, the creator is rewarded with another token, one BLUX. One BLUX can be spent to give an Up like one SOL, helping content get exposure by appearing larger on cXc.world, and also showing up on the Top charts. Top charts contain the final piece of the economy, PURPLE, which is rewarded daily to creators who make it into the Top 64 by gettin the most Ups.

While supplies of BLUX and SOL are both inflating each day, and deflating as they are spent on Ups, PURPLE…