Hexa Social is gearing up for the launch of its online store in the coming two weeks, presenting users with a curated selection of products available for purchase. Initially facilitating transactions through PayPal, the store will progressively transition into a cashless e-commerce platform, exclusively accepting over 50 cryptocurrencies, including the Hexa Social (HEXA) utility token, through the NowPayments gateway. Although the store’s initial inventory will be modest, our overarching vision extends to featuring over 1000 items, comprising general merchandise in line with our financial empowerment forum’s theme and branded products showcasing the Hexa Social name and logo.
In alignment with our steadfast commitment to transparency and a non-profit operational model, all cryptocurrency payments will be uniformly converted into HEXA tokens, subsequently being injected into liquidity. Moreover, a percentage of HEXA tokens will be permanently secured in a vault, with a nominal fraction designated for covering shipping costs, restocking, or manufacturing expenses. The online store will also showcase Amazon products, with commissions earned through our Amazon associate links following a parallel trajectory. These funds will be transformed into HEXA tokens, contributing to liquidity and securely stored in a permanent vault, while a portion is reserved to meet tax obligations linked to these commissions.
It’s important to bear in mind that the information presented in this article is subject to modification at any given time. Hexa Social remains unwavering in its commitment to ensuring that community contributions are meticulously reinvested into the cryptocurrency, staying true to our non-profit ethos.
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