Skip to main content

AXIO MONETARY SYSTEM


The inception of cryptocurrency over the years has created a more efficient means of transactions, the digitization of assets has made trading more easier eliminating the rigorous processes and complications involved in the traditional system of trading.The adoption of the digital system of transaction is at a rather infant stage no doubts but with time and more adoption, there is going to be a lot of improvement in the global system.
The level at which market prices of assets fluctuates affects potential investors and traders desire to participate in the system, this hesitance is traced to their inability to correctly predict prices of assets.
Fortunately, the Bitcoin Futures was created in 2017, the idea of this development was to further improve the performance of the cryptocurrency industry and strengthen the digital system of transaction more by making provision for traders to operate with diverse assets without having physically possession of those assets, but by holding a bitcoin as a representation of those properties. I will be letting on a revolutionary project the AXIOS FOUNDATION which has developed an exceptional platform which will address many deficiencies found in existing cryptocurrencies, such as a lack of identifiable intrinsic value, extreme volatility, and unsuitability for business operations.
AXIO PLATFORM
The Axio is a revolutionary asset-backed cryptocurrency designed to address many deficiencies found in existing cryptocurrencies, such as a lack of identifiable intrinsic value, extreme volatility, and unsuitability for business operations. The Axio is not simply a cryptocurrency, but a component of a patent pending asset-backed cryptocurrency monetary system. Within this system, it will provide a stable intrinsic value, interest payments, privacy, transparency, secure ownership, free real-time transactions, international borderless, transferability and convertibility, a variety of payment methods, free basic account services, and a legal framework. The Axio will be issued as a security under U.S. law with all the advantages that implies. It will provide substantial protection from the problems associated with other cryptocurrencies and the legacy banking system. Given its many advantages, the Axio is positioned to become a dominant player in the race to create the next generation of cryptocurrency. As such, it has enormous potential.
PROBLEM AXIO PROJECT SEEKS TO SOLVE
Use is not too easy: For those who are familiar with using technology, this problem is not too difficult. But for those who have few opportunities to interact with technology, creating a digital wallet and managing it is quite difficult. Not careful also being scammed easily.
Cryptocurrencies often fluctuate up and down, which is hard to predict. This is similar to the stock market up and down. Trading investors risk losing or losing capital if they do not regularly monitor fluctuations.
A place for criminals to launder money: Perhaps this is the biggest drawback.
Also for this reason, there are countries that have not accepted the coin as a legal currency.
Is the top target of hackers today as well as associated with other illegal activities
Investing easily leads to financial bubbles on the Internet
But for Axio, a cryptocurrency backed by revolutionary assets designed to address the many shortcomings found in existing cryptocurrencies, the axio revolutionary project has developed a platform that solves all these challenges listed.
FEATURES
Value: The Axios Foundation will issue loans and collect interest on them. Thus, the Axio will be backed by the intrinsic value of borrowers’ efforts to pay off their loans. That is, the Axio will be directly backed by the intrinsic value of work that represents the real value rather than a by-product of work such as gold. And unlike commodity-backed cryptocurrencies that have a fractional reserve value, the Axio will be fully backed by the full faith and credit of the borrowers.
Interest payments: The Foundation will disburse profits from its operations as interest payments to all Axio accounts. The interest payments will be paid on a regular basis, providing an incentive to invest in axios, and keeping them on deposit with the Foundation.
Stability: The Axio is backed by the value of loan interest payments that represent a certain amount of work. Since the value of work is a stable commodity, the intrinsic value of the Axio will be stable.
Payment methods: The Axios Foundation will support a variety of payment methods that will allow axios to be used seamlessly, just like any other currency. Among these are the mobile payments that will allow the Foundation to bypass the existing payment infrastructure, and the very high fees associated with it. Additionally, all transactions that do not require a currency conversion will be free for both consumers and retailers.
Speed: The Axios Foundation will operate a distributed computer system that will process transactions in real time.
Privacy: Most cryptocurrencies, like the Bitcoin, provide a publicly available record of all transactions that have ever taken place. Hence they have a low level of privacy, although even with this limitation many people still entrust their financial history to a public blockchain. To address this issue the Axios Foundation will not publish any information relating to accounts. Additionally, the Foundation will not sell or share members’ personal information without explicit permission.
Transparency: The Axios Foundation will operate openly and transparently to benefit its members. To achieve this, all details of its operations, including operating expenses, outstanding loans, amounts on deposit, amounts in reserves, profits, etc. will be published in a blockchain to show the financial status of the Foundation. The Foundation itself will be democratically operated by its members in a similar way to a credit union.
Security: Because the system is self-contained, accounts managed by the Axios Foundation can be made more secure than regular bank accounts.
Dispute Resolution: Certain business transactions cannot be performed without a legal framework supported by some form of dispute resolution, and an ability to reverse transactions due to error, fraud, etc. This makes dispute resolution a vital component of any monetary system. To allow for dispute resolutions, transactions between Axio accounts will be reversible in whole or in part. To support the dispute resolution process, the Axios Foundation will abide by relevant court decisions, and will also provide arbitration for a fee via smart contracts. The ability to redress grievances will make the Axio similar to a government-issued legal tender, which is something that no other cryptocurrency can offer.
TOKEN INFOEMATION
The “Axio Token”, as initially-offered in this STO, will carry no intrinsic mechanism for the payment of distributions or financial returns of any kind. The Axios Foundation expects to convert the initially-sold Tokens to one or more classes of replacement tokens culminating in the “Axio”, which will be functional on the company’s yet-to-be developed Platform.
Token Name: Axio Token
Token Symbol: AXIO
Smart Contract: Etherscan.io
Total Supply: 100,000,000
Offering Amount: $20,000,000
Minimum Purchase: $1,000
$0.55 per Token for an amount < 10,000 Tokens
$0.50 per Token for an amount ≥ 10,000 and < 100,000 Tokens
$0.45 per Token for an amount ≥ 100,000 Tokens
STO Sale
Jun. 1, 2020 - Hard Cap
Soft Cap: $5,000,000 USD
Offering Amount: $20,000,000 USD
PLATFORM BENEFITS
Axio will be a security under the SEC regulations.
Axio will trade on an SEC-registered alternative trading system.
Axio will have a stable value.
Axio will be as easy to use as a credit card or a payment app.
Low cost of transactions will make Axio advantageous in all business transactions.
Transactions will be performed in real-time.
The Axios Foundation is a U.S. corporation.
The Axios Foundation will pay interest on deposits.
The Axios Foundation will provide a mechanism for resolving disputes.
The Axios Foundation will support deposits and withdrawals in local currencies.
The Axios Foundation will support a variety of payment methods in local currencies.
TEAM
Henry Gleizer
FOUNDER & CEO
30+ years’ experience in software project management, banking and trading systems development
Oleg Kondratyev
CTO
20+ years' of software development and architecture in financial services' companies
Roman Kravchenko
CLO
attorney with 10+ years' of experience
FOR MORE INFORMATION PLEASE VISIT THE LINKS I HAVE PROVIDED BELOW;
Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409

Comments

Post a Comment

Popular posts from this blog

ENCRYBIT ICO OVERVIEW

The idea of cryptocurrency has evolved and transformed over the last decade and in response to this advancement, the market has witnessed the emergence of crypto exchanges pop up all around the world. The global cryptocurrency market started 2018 with a bang, hitting a record high of $700 billion in market capitalization. All signs point toward an increasingly large cryptocurrency exchange market as new crypto traders continue to join exchanges. With over 500 exchanges and growing to trade through, it’s become increasingly valuable to understand the key pieces of news and information which differentiates the sharks from the minnows. Here is the deal ENCRYBIT is revolutionizing cryptocurrency exchange which features enriched trading platform for modern and enhanced trading experience. ENCRYBIT EXCHANGE PLATFORM Encrybit is the first cryptocurrency exchange with a modern trading platform that sets it apart from the traditional style of exchanges available in the current mar...
8 comments
Read more

QIIBEE - Loyalty Protocol on the Blockchain

Qiibee is creating a loyalty protocol that provides a trustless, secure and provable manner for issuing loyalty tokens backed by a crypto asset across different blockchains. The qiibee protocol provides a trustless, secure and provable manner for issuing loyalty tokens backed by a crypto asset across different blockchains. It also guarantees liquidity by allowing easy redemption, tradability and exit options. Qiibee provides an easy-to-connect means to start building loyalty programs on top of the qiibee protocol, an API that brands’s developers can use to easily communicate with the protocol and the blockchain. The alpha version is already live, and we’re always improving the API to deliver a smoother, more straight forward experience. Our mission is to establish a loyalty ecosystem for hundreds of brands that service thousands of customers. FEATURES OF QIIBEE PLATFORM Decentralized loyalty apps The qiibee wallet is one of the means by which loyal customers can inter...
Post a Comment
Read more

SGV-G: Using Blockchain Technology to Create the Best Renewable Energy that will Save the Ecosystem from Pollution

The energy sector is a very big and massive sector which is generating billions of dollars to countries and companies. One of the major challenges faced is pollution caused by these methods of energy generation. Since the demand for energy is on the high side many countries are focusing on expansion of their power plants and other energy generation platforms. Most countries depend on coal, natural gas, nuclear, crude, and hydro to generate their electricity for the country. These sources of energy generation is associated with one form of pollution or the other. The coal for instance is coal associated with excessive heat and carbon dioxide which has been identified as one of the major contributor to global warming and ozone layer depletion. These carbon dioxide combine with ozone in the atmosphere to chlorofluorocarbons which depletes the ozone layer responsible for reflecting away dangerous radiation and heat from reaching the earth. The consequence is excessive heat and radia...
1 comment
Read more