Crypto Perx token was created by the Crypto Banking Alliance to reward partner firms and help to spur the adoption of crypto banking systems and DeFi. The Alliance aims to educate the general public on the opportunities afforded by cryptocurrencies and decentralized finance on the future of banking. Cryptocurrencies are the fastest growing technology in history in terms of consumer adoption. However, many people do not understand the implications of cryptocurrencies or decentralization on the future of banking or the opportunities that it creates. The Alliance will provide educational tools, promotional programs, technology tools, code samples, and frameworks for the safe and ethical adoption of decentralized finance technologies such as cryptocurrencies and smart contracts.

The Alliance will grant token allotments of CPRX depending upon their intended application, utility, and potential for adoption to grant applicants. Over time CPRX will also serve as a governance token for The Alliance to decide on future grants giving early CPRX holders a voice in the future of The Alliance.