# The CRYFT Token ## Blockchain Details Cryft Token (CRYFT) is currently hosted on the Binance Smart Chain (BEP20). CRYFT was Hyper Launched on the SafeMoon Swap. CRYFT Token is exclusively available on the SafeMoon Swap, so we certainly have tokenomics! (more on tokenomics later) The official CRYFT Coin contract address is: [0x750db8B9c66d7fcE0a8a0e859c6D46b28Dc4972C](https://bscscan.com/token/0x750db8b9c66d7fce0a8a0e859c6d46b28dc4972c) ## How CRYFT fuels Cryft Cards CRYFT Token is launched and managed with the idea it will be used to: * Fund the cost of marketing Cryft Cards * Fund further development of the Cryft Card Dashboard * Fund research and development of Cards and POS Terminals * Bring us into the metaverse (wherever it is) * Create liquidity pools and trading pairs * Sponsor CRYFT coin burning events * Create integrations throughout our physical and digital lives and more... ## Tokenomics! CRYFT Token is much like the SafeMoon (SFM) token and incurs many of the same benefits. When CRYFT is bought and sold there will be a 10% tax. The tax is automatically redistributed among current CRYFT holders and sent to Cryft LLC wallets for Marketing and Development. We currently have a 0% tax on making transfers from one wallet to another. Spending currency with merchants ideally only require standard network fees we do not control. (These metrics could change with market conditions and restraints). \ \ Learn More Here:\ --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.cryft.app/whitepaper/from-a-holders-perspective/the-cryft-token.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.