Connex $CONX

As part of the growing Web3 ecosystem, Connex is making strides in creating a permissionless, open, and inclusive professional network. This project aims to empower individuals, regardless of their current profession, to meaningfully contribute to the blockchain industry. Leveraging the CONX token as a key component of its infrastructure, Connex incentivizes user engagement and serves as the primary payment medium within the ecosystem.

Unique Attributes of the Connex Project

What sets Connex apart is its dedication to fostering high integrity and proof of fraud within the Web3 professional network. The platform utilizes the CONX token to reward users for their contributions. For instance, tokens can be earned for uploading high-quality CVs or for gaining significant views and likes. The platform also rewards users who create and contribute valuable insights to professional circles on Connex. The quantity of CONX tokens offered is determined through the platform's voting and governance feature.

Functionalities of the CONX Token

The CONX token performs several functions within the Connex ecosystem:

Subscription Payments

CONX tokens can be used to pay for subscriptions, enabling companies and SMEs to view and like user-uploaded CVs for recruitment purposes.

Access to Credentials

These tokens can be exchanged for viewing the on-chain and off-chain credentials of users, streamlining the candidate identification process.

Circle Entry

Tokens can be used to gain entry into professional circles where users can share and be rewarded for their insights.

Exposure

Companies or SMEs can use CONX tokens to increase their exposure to users and build their brands by providing detailed information about their companies.

Governance

Token holders can use CONX to vote on platform-related decisions, such as fee structures, subscription costs for Circle creation and entry, the use of tokens in Community Treasure, and the accuracy of a job or CV.

Integrity Assessment

Tokens can be staked against any job or credential on the platform to vouch for its credibility. If the job or CV is not challenged during an exposure period, the token holder who staked the CONX tokens will earn more tokens.