MWX Token (MWXT)

Rank #941

Market snapshot

Price
$0.054815
Market cap
$9.2M
24h volume
$107,469.10
Circulating supply
167,846,888.0929
Total supply
1,000,000,000
Max supply
1,000,000,000

What is MWX Token?

MWX Token serves as a utility and governance token on the Base Network, which is designed to facilitate cost-cutting and efficiency improvements for businesses utilizing blockchain technology. The project focuses on the intersection of AI and blockchain, evaluating how these technologies can impact financial outcomes and regulatory frameworks.

How MWX Token works

MWX Token operates by automatically converting all transactions to MWXT. A portion of marketplace fees, specifically 20%, is burned to maintain a deflationary supply model. Payments and activations are managed through smart contracts, which do not require users to have blockchain expertise. This design aims to streamline operations while addressing accountability and governance issues that arise when AI influences financial results.

Key information

Symbol
MWXT
CMC rank
#941
Network / platforms

Base

Categories
N/A
Date added
Oct 28, 2025

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

  • Base

    0x93918567cdd1bc845be955325a43419a7c56d66f

Key characteristics

MWX Token is built on the Base Network, which is an Ethereum Layer-2 solution. It utilizes smart contracts for automated transactions, ensuring that all operations are handled. The token is part of a deflationary model where a percentage of fees is burned, contributing to its supply management. Additionally, the project emphasizes the importance of addressing regulatory concerns in the AI and blockchain space.

Documented uses

MWX Token can be utilized in various applications, particularly in sectors requiring tighter controls, such as fraud detection, customer profiling, trade monitoring, and automated approvals. The token serves as a means of governance within its ecosystem, allowing users to participate in decision-making processes related to the platform's development and operations.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is MWX Token?
MWX Token (MWXT) is an ERC-20 utility and governance token on the Base Network, which is an Ethereum Layer-2 solution by Coinbase.
How does MWX Token operate?
MWX Token operates by automatically converting all transactions to MWXT, with a portion of marketplace fees burned to create a deflationary supply model.
What are the key technical features of MWX Token?
MWX Token utilizes smart contracts for automated transactions, ensuring efficiency without requiring blockchain expertise from users.
What are the risks associated with transferring MWX Token?
Users should verify the contract address and network before transferring assets, as digital asset prices can be volatile and transfers may be irreversible.
How can I verify the acquisition of MWX Token?
Verify the asset name, network, and any supplied contract details before transferring, and review the custody method.
Where can I find official resources for MWX Token?
Official resources for MWX Token can be found on its website at https://mwxtoken.ai/.

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