History

Spacebux was launched in 2023 as a rewards token for a gaming community to be used as an educational tool. It has been an interesting experiment, but the ugly truth is that the cryptosphere is so heavily botted, manipulated and faked, it is extremely difficult to overcome some hurdles.

There is a lot of potential for decentralized digital assets and there will be long term winners, but they will have to exist in more heavily regulated environments where the average user can be offered some protections.

As an example, one difficult issue we faced was that airdropping the token for free as a means of distribution ended being heavily botted. When trying to reach the community, there would be users who would create tens or even hundreds of fake accounts so they could get more tokens.

Another example of a common problem is that when a new arrival to crypto gets a wallet, they are instantly a target for scammers and hackers. Educating new arrivals to crypto is another monumental challenge the space need to get educated about the risks

Thank you for your interest! If we do find a use case or opportunity for SBX, we will do something with it, but for now the project is on hold.