BeatSwap (BTX) Price

BTX is the native utility token of the BeatSwap ecosystem, used for creator and fan interaction, purchases and redemptions after IP rights are tokenized, liquidity, and participation rewards. It acts as a functional and settlement token in the ecosystem; the materials do not describe it as BeatSwap equity, a profit-sharing right, or a fixed-income instrument. BeatSwap's design uses IP rights as tokenizable RWAs: creators may receive BTX compensation after a transfer of rights is approved, and participants may use BTX to purchase the corresponding RWA tokens; trading, liquidity, and certain incentives also operate around BTX. Accordingly, BTX's different uses correspond to different service stages rather than a single holder entitlement.

In Space, creators may flexibly stake BTX to affect content visibility, but staking alone does not determine ranking. Fifty percent of visibility ranking comes from fan-community engagement, such as likes, comments, and follows, while the other 50% comes from flexibly staked BTX; a creator's reputation level is based 100% on fan engagement. This distinction means that BTX affects half of ranking, while engagement determines the other half of ranking and entirely determines reputation. Fans participating in Space activities may receive BTX from the “Staking and Community Rewards” allocation; holding or staking BTX must not be understood as automatically obtaining a reputation level.

In the RWA Launcher, after a creator's transaction transferring IP rights to BeatSwap is approved, the creator receives BTX compensation under the mechanism; participants use BTX to purchase the issued IP-rights RWA tokens. In other words, BTX is used on one side as compensation for the transfer of rights and on the other side to purchase those RWAs. The funding source for that compensation is the “IP-Rights Acquisition” allocation, which represents 20% of total supply; the materials state that distributions for specific transactions are subject to a 12-month vesting arrangement. This arrangement indicates that this portion of total supply does not all enter circulation immediately when a transfer of rights occurs.

BeatSwap's RWA exchange uses BTX as the trading currency. Liquidity providers supply RWA tokens and BTX to pools; fees generated by user swaps are charged in BTX and distributed to LPs according to their liquidity share. If certain RWA tokens in a pool are not participating in PoR, royalties generated by those unstaked assets are also distributed according to LPs' liquidity shares. Thus, potential LP income sources include actual swap fees and, when the condition that RWAs in the pool are unstaked in PoR is met, related royalties; neither is equivalent to a guaranteed return.

In the PoR (Proof of Rights) path, users stake RWA tokens to participate in regular rewards, and active stakers may also receive additional BTX incentives. The prerequisite for rewards is staking RWAs and remaining active, rather than merely holding BTX. Therefore, PoR rewards are distinct from LP swap fees and unstaked-RWA royalties: PoR is for users who stake RWAs, whereas LP distributions are measured by the liquidity share in the pool. The BTX “PoR Rewards” allocation accounts for 5% of total supply and supports this participation incentive.

Licensing to Earn is an allocation mechanism that links verifiable IP licensing activity to BTX rewards. The system mints IPL (IP Licensing Index) records of licensing contributions: users unlocking IP assets, rights holders receiving royalty income, or verifiable usage events such as streams may respectively generate UnlockReward, RoyaltyReward, or StreamReward. IPL is an on-chain ICRC token used only as a utility index, subject to transfer restrictions, non-redeemable, and without a total issuance cap. Participant IPL balances are recorded at 00:00 UTC on the 15th of each month; rewards are calculated as “the month's Licensing-to-Earn allocation × the individual's IPL share,” where the individual's share is the participant's IPL as a proportion of total IPL for the period. That is, rewards depend on the relative contribution share at the snapshot, not an IPL tradable price.

Vault to Earn is a staking-based reward layer running alongside Licensing to Earn. Users deposit USDT into the on-chain IP Licensing Vault and form Vault Power through time-weighted average balance (TWAB); account deposits are capped, and deposits that are larger and maintained longer generally correspond to higher Vault Power. When users unlock IP assets or participate in an IDO, the corresponding amount is deducted from their Vault balance. Each month, a Vault-to-Earn amount is set aside from the “Staking and Community Rewards” allocation, and a user's reward is “monthly allocation × individual Vault Power / total Vault Power.” Therefore, this layer distributes based on the relative weight of capital amount and duration and must not be confused with IPL rewards calculated from verifiable licensing contributions.

BTX has a total supply of 1.5 billion tokens. Disclosed allocations include: IP-Rights Acquisition 20%, Marketing and Partnerships 12.5%, Treasury 11%, Team 10%, RWA Pairing Liquidity 10%, Private Round A 3.5%, Private Round B 6%, Seed Round 2.5%, Liquidity 5%, Staking and Community Rewards 5%, Licensing to Earn 5%, PoR Rewards 5%, Advisors 2.5%, and Public Round 2%. These percentages mean that “total supply” is not the same as the quantity immediately tradable. Team and advisor allocations are subject to the project's vesting policy; transaction-related compensation under IP-Rights Acquisition has 12-month vesting; and RWA Pairing Liquidity is a protocol-owned RWA-BTX pool reserve rather than a distribution to users. The materials also state that the Public Round is not a direct pre-listing token sale, but a vesting mechanism supporting liquidity provision.