Description:

The concept of AX1 is to give token holders the chance to profit from the mining of various cryptocurrencies without the need for any technical knowledge. AX1 token holders are effectively buying a stake in a centralised mining pool, managed from a state-of-the-art data centre. With AX1, we are offering token holders the chance to participate in a managed mining operation and enjoy capital appreciation via contractually guaranteed economic rights in the portfolio of mined coins. After deduction of any costs and liabilities incurred by the issuer, at least fifty percent of the value of the mined coins will be placed in a segregated account in order to asset back the AX1 Tokens. Under this arrangement, the Issuer will have NO further entitlement to withdraw, or otherwise use for any purpose of the issuer, ANY of the assets of this segregated account: its value therefore provides a solid basis for the perpetual asset-backing of the AX1 token and peace of mind to AX1 token holders that the Tokens are a true and verifiable store of value. The assets held in the segregated account, though off limits to the Issuer will not just languish, however, but continue to be advised upon by the Investment Advisory committee and therefore could be deployed in Proof of Stake activities and or by being traded as part of exchange operations to the increased value of the token holders. The segregated account will even be audited on a quarterly basis to provide yet more confidence to token holders with the results posted onto our online portal for review.

Category: ❖Mining
Hype: Low
Rating: 3.0/10
Project Type: Token
Platform: Ethereum
Location: USA, NJ
Total Supply: 22,222,222
Soft Cap: 1,250,000 AX1
Hard Cap: 22,222,222 AX1
ICO Price: 1 AX1 = 0.0015 ETH
Accepting Currency: ETH
Restricted Countries: USA, China, South Korea
KYC: Yes
Whitelist: Yes
Fund Distribution:
  • 2% of the tokens are set aside for the Bounty campaign.
  • 8% will be distributed to the AX1 Founders.
  • 90% will be made available to the public via the pre-sale and public ICO The ICO will be staged over four periods to reward early adopters.
  • The table below shows the bonus availability

Start Date

April 16th 2018 16:00 UTC

Days Hours Minutes Seconds

End Date

June 11th 2018 16:00 UTC

Days Hours Minutes Seconds

Team

Stuart Anderson

CEO

Mark Shaw

Director of Product

Lucy Cartledge

Director of Operations

Mr. Carlo Martinengo

Director

Frode Aschin

Principal Mining Consultant

Jack Pickering

Ethereum Developer

Jonathan Penn

Creative Director

Galin Devev

Full Stack Developer

Wilson Manase

Head of Digital

James Anderson

Data Administrator

Advisers

Nicholas Penn

Jesse Johal

Nicki Hinton-Jones

Martin Vaughan

Bartholomew Gold

Deborah Wade

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