DXB is the utility token that will power the DXBPay ecosystem for all future DeFi products. The DXB token is a specialized cryptocurrency with a plan to encompass multiple technologies like DeFi, merchant payment channels, incentives, and charity.
DXBPay is building a payment model that utilizes cross-chain capabilities to serve the needs of merchants, and offer a safe payment gateway that allows a wider sector of clients to shop online and pay using their crypto currency.
The final product of DXBPay will be adopted by merchants who perform large-scale and high-speed transactions and wish to expand their client's reach by accepting crypto currency as a form of payment without jeopardizing their profits and loosing on transaction fees.
It is a cost effective, fast and safe method for accepting cryptocurrency payments and can be incorporated by anyone.
In such, DXB Pay is building a complete eco-system that truly bridges the crypto universe with the real world.
The token has an intelligent contract that rewards investors in a whole new way, and a smart burning mechanisms.