BMX uses a combination of on-chain verification and custodial reserves to ensure transparency and trust. All artist tokens are issued through BMX's audited internal ledger, providing proof of existence, supply, and every historical trade.
Artist tokens are first-party BMEX-denominated assets. Each token's total supply, divisibility, and issuance event is written append-only to our ledger and available through the public audit-trail API.
Verification: BMX Audit Trail
Artist issuance fees are collected in the NUFI Vault, a multi-signature wallet that serves as a reserve backing the platform's operations.
Verification: Public wallet address
BMEX is BMX's internal currency for trading. 1 BMEX = $1 USD at issuance. BMEX is used to purchase tokens on the platform.
Total Supply: 60,000 BMEX (expandable)
User assets are held in BMX-managed custodial wallets. Each user has a dedicated Bitcoin address for deposits.
Model: Full custody by BMX
All artist tokens are verifiable through the BMX audit trail. Search for a ticker to see total supply and every historical trade.
Visit XChain ExplorerThe NUFI Vault address is publicly disclosed. You can check the Bitcoin balance at any time.
Vault Address: [Will be disclosed upon mainnet launch]
Users can request a cryptographic proof of their holdings at any time through support. We will provide signed messages proving your token balances.