Strategic round offers CASX at $0.010 per token, with a $150,000 fundraising target to support the project’s blockchain payment ecosystem.
Singapore, SG — Cashelix has announced that Round 1 of its CASX token fundraising is ongoing through casx.org, offering early participation in a project developing blockchain-based peer-to-peer payment services.
Known as the Strategic Round, the first fundraising stage allocates 15 million CASX tokens at $0.010 per token, with a round-specific fundraising target of $150,000. It forms part of a three-round presale framework with published allocations and pricing for each stage.
CASX is the native utility token of the planned Cashelix ecosystem. The project’s initial development focus is peer-to-peer payments, with intended token uses including transactions, platform fees, staking and broader ecosystem participation. These uses are subject to development and rollout.
Technical Review and Token Transparency
According to Cashelix, the CASX token smart contract has undergone an independent audit by Coinsult. The project provides an audit reference through its website so prospective participants can review the associated technical information.
A smart contract audit addresses the code and scope reviewed; it does not guarantee security, project delivery or future token value. Participants should review the full report alongside the token documentation and applicable sale terms.
CASX is described in the project’s tokenomics as a Solana-based SPL token with a total supply of one billion tokens. The overall public presale allocation is 45 million CASX, representing 4.5% of total supply.
The published distribution framework also includes allocations for ecosystem development, treasury reserves, the core team, liquidity, staking rewards, strategic partnerships and marketing. Release and vesting schedules are available in the project’s tokenomics documentation.
A Staged Fundraising Structure
Following the Strategic Round, the published presale plan outlines a second round priced at $0.015 per CASX and a third round priced at $0.020. Each is allocated 15 million tokens, bringing the planned fundraising target across all three rounds to $675,000.
These figures describe planned sale terms and targets, rather than funds already raised. Future round pricing does not establish a token’s market value or guarantee returns.
Cashelix’s development roadmap begins with its peer-to-peer payment module, with additional services intended to follow as the ecosystem develops. The project positions CASX around participation in those services and the platform’s longer-term payment ambitions.
Details about Round 1, token allocations, the audit reference and the development roadmap are available at https://casx.org. Prospective participants should consult the latest sale terms, eligibility requirements and token distribution conditions before participating.
About Cashelix
Cashelix is developing a blockchain-based payment ecosystem focused initially on peer-to-peer transactions. Its native utility token, CASX, is intended to support platform transactions, fees and ecosystem participation.
Media Contact
Maria Sharon
PR@casx.org
https://casx.org
Risk Notice: Digital assets involve significant risk, including the potential loss of all funds committed. Planned features, timelines and market availability may change. This release does not guarantee returns or constitute personalized investment advice.