What is Bax token?

BAX token is an ERC-20 cryptocurrency that is currently used behind the scenes to operate the BABB platform's services across all geographies and jurisdictions served. BAX will eventually become the mainnet's native currency and utility token, and the lifeblood of the BABB platform.

What is Bax & how does it work?

BAX is a native utility token that helps to make transactions borderless and is the key to taking back control of digital assets. It is used for: *Fees for processing transactions. *Running validator nodes on the network via staking.

What is crypto & how does it work?

Crypto are digital assets —they have no tangible form. Cryptocurrencies exist and operate on a public ledger called a blockchain, which records all crypto transactions. Blockchain encryption is designed to make all transactions immutable and secure from tampering, counterfeit, and other forms of fraudulent transactions.

Is cryptocurrency a Public Ledger?

Cryptocurrencies exist and operate on a public ledger called a blockchain, which records all crypto transactions. Blockchain encryption is designed to make all transactions immutable and secure from tampering, counterfeit, and other forms of fraudulent transactions. Is cryptocurrency a type of money?