X Æ A-12 Inheritance Token

xaea12 inheritance token
2 min readApr 23, 2021

Elon Musk hit the headlines in 2020 by naming his newborn baby X Æ A-12 before launching USA’s first manned spacecraft into orbit since 2011. XAEA12 is the ticker of our token, the name is “X AE A-12 Inheritance Token”.

We name the token an “Inheritance Token” since it will be used to buy an index token. We are currently building an Index token called “Elon Net Worth Token” it makes sense because its what Elon Musk is going to leave as inheritance to X Æ A-12.

Elon Musk’s Net Worth has been in constant growth the last years, an index token pegged to it will work as a safe way to invest in Elon’s vision and growth in the future, the same way as many of the indexes that already exist work.

The end goal is to create a full set of index tokens, similar to what “DEGEN Index” has done in ethereum, we want to build index tokens in the BSC.

This is a community driven project, liquidity is locked by dxSale for 3 years, Non-sold tokens of the presale are locked forever, and dev tokens were burnt.
Marketing will be done through several ideas, like liquidity competitions, twitter marketing plans that include many airdrops, and also maybe several attempts to get try to get Elon Musk to know the existence of our project.

We are aware of the safety concerns regarding smart contracts vulnerabilities, that’s why we will research thoroughly to lower the possibility of attacks in the future, and also to maintain the consistency of an index token.

XAEA12 will work as a way to access the Index Token, we wanted an interesting way of giving access to the Elon Net Worth Token and future projects, we will find a way to give governance to the community to decide on new index tokens and future decisions.

Because XAEA12 will give access to future projects, long term holding will be rewarded in several ways, from airdrops to access to early investment, also there is a “Weak Hand Tax” mechanism; it burns an increasing tax (5% — 12%) of each sell, each burn then adds up until a certain volume is reached and a new tax cycle occurs where the tax percent is set back to 5% and 50% of the burnt tokens are reintroduced to the supply and go among token holders.

Elon Musk is globally known, once this project grows, we will be able to make our team bigger, have ambassadors, and educate people on indexes being a safe way to invest.

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