Marketing Flywheel
Last updated
Last updated
The marketing flywheel integrates our Quest platform with the ENGX Token, constituting a self-sustaining marketing strategy.
EngageX Labs initiates a Campaign on the Quest platform with an initial fund of $50,000 up to $100,000, incentivizing EngageX users to promote the platform to their social media followers, expanding EngageX's reach.
As the campaign reaches more people, it generates increased demand and trading volume for the ENGX Token. A 5% tax is levied on ENGX Token transactions on decentralized exchanges (DEXs), with 40% of the tax proceeds redirected to fund the EngageX Campaign on the Quest platform. This ensures continuous funding for the campaign, ensuring ongoing social media engagement.
Step 1. Initiate a Quest Campaign for EngageX
Step 2. Users promote EngageX on their social media platforms
Step 3. Continuous promotion generates Interest and Demand for ENGX Token
Step 4. 2% of all buy and sell transactions goes to the marketing wallet
Step 5. Marketing wallet refills the EngageX Quest Campaign budget
Repeat Steps 2-5.