QBXPrice

(QBX)

QBX is the native utility token powering the qiibee Rewards Chain (QRC), a specialized Layer 1 blockchain designed for the global loyalty industry. It functions as the "gas" required to trigger all loyalty-related activities, such as brands issuing points, users earning rewards, or exchanging miles between different service providers. By tokenizing traditional rewards, QBX enables a decentralized ecosystem where fragmented loyalty points become liquid and interchangeable assets.

While QBX powers the transactions on the qiibee Rewards Chain (QRC) infrastructure, the token itself is currently issued as an ERC-20 token on the Ethereum network. This dual-layer structure allows the project to benefit from Ethereum’s broad accessibility and security for trading and storage while utilizing a dedicated chain to handle the specific high-volume requirements of global loyalty reward transactions.

Users can join the VIP Club by staking QBX tokens. The system features five distinct tiers based on the dollar value of tokens staked: Fan, Influencer, Champion, Ambassador, and Honorary/Diamond. Stakers receive dual benefits: additional QBX rewards and VIR points. VIR points can be exchanged for real-world rewards like gift cards or airline miles. Staking typically involves a lock-up period of 6 to 12 months depending on the specific tier and active promotion.

Qiibee employs a mechanism driven by real-world usage. Every time a partner brand (such as Renault, Etihad Airways, or Sony) triggers a transaction on the Rewards Chain, a fee is paid in QBX. These tokens are purchased from the market and redistributed: 80% is allocated to VIP Club stakers, 15% to network validators, and 5% back to the foundation. This creates a continuous utility loop as more brands integrate into the ecosystem.

For long-term holders with older versions of the token from previous networks or early iterations, qiibee provides a dedicated migration dashboard. Users can connect their compatible Web3 wallets to swap "v1" tokens for the updated "v2" tokens at a 1:1 ratio. This ensures all holders are unified on the current contract, which is required for participation in staking and the broader rewards ecosystem.

QBX is available for trading on major global exchanges and decentralized platforms like Uniswap. For storage, since QBX is an ERC-20 token, it is compatible with most standard Web3 wallets, including MetaMask and the LBank Wallet. To participate in the ecosystem's full utility, such as the VIP Club or the loyalty marketplace, users typically manage their tokens through a self-custody wallet connected to the qiibee platform.