CONXPrice

(CONX)

CONX is the native utility and governance token for Connex, a Web3 professional network akin to a decentralized platform for professionals. Its main role is to foster a "permissionless and collaborative" environment. Users apply CONX to pay for subscriptions, access exclusive professional "Circles," and verify on-chain and off-chain credentials. Additionally, users can earn CONX by submitting high-quality CVs or contributing valuable insights to community groups. Token holders also gain governance rights, allowing them to vote on platform fees, the allocation of the Community Treasure, and the verification of data accuracy.

The Integrity Assessment is a unique staking feature designed to ensure data accuracy on the Connex platform. Users can stake CONX tokens against a job listing or a professional's CV to vouch for its authenticity. A critical aspect is that staked tokens can be burned: if the vouched-for information is subsequently challenged and proven false through community governance, the staked CONX are permanently removed from circulation. Conversely, if the information remains unchallenged and is deemed accurate over time, the staker is rewarded with additional CONX, incentivizing honest participation and credible endorsements.

No, the CONX token and the Connex project are entirely distinct from the Connext Network. This is a frequent point of confusion due to similar names. The Connext Network, known for its cross-chain bridging solutions, uses the ticker "NEXT" for its token. In contrast, Connex (CONX) is a separate Web3 professional networking platform focused on decentralizing professional interactions and hiring. To avoid any misidentification when interacting with these projects, it is always crucial to carefully verify the specific contract address of the token you intend to interact with.

CONX has a fixed total supply of 100,000,000 tokens. It operates as a BEP-20 token, built on the BNB Smart Chain (BSC), ensuring compatibility within that ecosystem. The token distribution is structured to support long-term growth and community involvement. Specifically, 35% is allocated to the Ecosystem, released linearly over 40 months. A significant 20% is designated for the Community Treasure, empowering decentralized decision-making. The Team receives 10%, subject to a 12-month cliff followed by a 10-month linear release, aligning their incentives with project success. Finally, 2% is reserved for Early Adopter Rewards, which are fully unlocked at Token Generation Event (TGE).

As of late 2024/early 2025, CONX tokens are available on several platforms for trading. A leading centralized exchange currently serves as a primary venue for CONX/USDT trading pairs. Additionally, another prominent exchange, particularly serving Southeast Asian markets, listed CONX in late 2023. Given its nature as a BEP-20 token, CONX is also commonly available and traded on various decentralized exchanges (DEXs) within the BNB Smart Chain ecosystem, allowing users to swap it directly with other compatible tokens. Always check official project channels for the most current and recommended trading venues.

Yes, the Connex project implements specific regional restrictions, explicitly stating that it does not offer services to users in certain countries due to local regulatory environments. These restrictions typically impact access to various application features and participation in official DAO governance voting. Countries where services are not provided include, but are not limited to, the United States, Mainland China, Japan, Iran, and North Korea. Users encountering difficulties accessing parts of the platform or participating in community decisions often find these restrictions are the reason, underscoring the importance of checking local compliance.