FAQ
Who is Onyx for?
Businesses that have onchain revenue. Onyx tokenizes these cash
flows and makes your business liquid.
Do I need onchain revenue to list on Onyx?
Yes and no. Onyx is designed for businesses that have onchain
revenue. However, if you have a business that is accruing revenue
offchain, you can still use Onyx by periodically transferring or
storing your assets onchain. The purpose is to have a public
record of cash flows.
Can my project have a dual token model?
Yes, some projects may want to have a utility token used in their
network or protocol and then a separate Onyx token that represents
ownership of the cash generating entity.
If there's already Echo and Legion, Why Onyx?
Onyx is not a replacement to those platforms. Onyx is for projects
that have already raised funding via Echo and Legion and are ready
to launch a token.
Can I raise VC money if I'm already on Onyx?
Yes, Onyx is a tokenization platform. After listing on Onyx you
still have full control over the tokens and you can issue more
tokens as needed (for example to issue more equity to investors).
Is Onyx a launchpad?
Yes, for revenue-generating businesses.