AXIO ,A REVOLUTIONARY ASSET BACKED CRYPTOCURRENCY DESIGNED TO CORRECT THE DEFFICIECIES IN THE EXISTING CRYPTOCURRENCIES

AXIO ,A REVOLUTIONARY ASSET BACKED CRYPTOCURRENCY DESIGNED TO CORRECT THE DEFFICIECIES IN THE EXISTING CRYPTOCURRENCIES

By Decentraliza | BlockchainWorld | 24 May 2020


 

GENERAL INTRODUCTION

The first cryptocurrency that ever exist in the world is Bitcoin invented by unknown man whose people generally call Satoshi Nakamato in the year 2009. The basis of inventing Bitcoin cryptocurrency is to reshape the global monetary system thereby addressing the loopholes in the centralized traditional currency system.Bitcoin turned to a very huge success due to its global adoption though there still exist several shortcomings in Bitcoin such as slow speed, high transaction cost, mining complexity and many more . As we all know, Rome wasn't built in a day ,cryptocurrency industry is a nascent industry which still needs time for developments.In a bid to correct the problems of scalability in Bitcoin and some other related shortcomings ,several thousands of alternatives cryptocurrency has been developed with different innovative concepts.Some of these newly developed cryptocurrencies were able to accomplish varieties of goals while some failed woefully . In this article, i will be introducing to my dear readers about AXIO cryptocurrency, an ultra modern asset backed cryptocurrency whose main goals is to correct the loopholes in the existing cryptocurrencies. AXIO cryptocurrency want to achieve the true quality of money which other cryptocurrencies are lacking .It is not a news that majority of cryptocurrencies that flood the crypto industry are just mere piece of cryptography that lack intrinsic value.These assets are valueless as they are backed by nothing , they have high potential to dissolve easily within a thin air with just a little market pressure . The Team of AXIO after having observed these shortcomings in the most existing cryptocurrencies have decided to proffer a sustainable solution to these challenges by innovating a patient pending asset backed Cryptocurrency which will represent a stable payment instruments , less volatility and regulatory compliance with different innovative concepts. The the envisioned to design a cryptocurrency that will have true quality of money i.e serving as a medium of payment and reliable investment instruments.

UNDERSTANDING THE CONCEPTS OF AXIO CRYPTOCURRENCY

Axio has emerged to address so many shortcomings in the existing cryptocurrencies system such as the problem of volatility , lack of intrinsic value and usability .It will also function as Money which can be used for both international and local business transactions. Axio will also serve as loan issuance platform .The economy of AXIO will depend on supply and demand of AXIO currency and AXIO services offers while the value of AXO will be backed by faith and borrowers credit.

AXIO is a currency built on deflationary principle which make quite different from other existing cryptocurrency .As mentioned earlier in the previous paragraph , Axio want to become the next generation of cryptocurrency that will solve the prevalent challenges in majority of the existing cryptocurrencies. Unlike other cryptocurrencies who only serve utility functions. AXIO is a specially designed cryptocurrency which will be issued as Security under the United State Law. It is not just any cryptocurrency that are sold in form of ICO which does not respect the interest of investors .AXIO as a security token will grant investors part ownership right of the company and as well making them shareholders of AXIO Company which will make them entitled to dividends and some benefits in the ecosystem .AXIO cryptocurrency will maintain stability in the value of its currency and offering diverse means of payment .The platform will offer interest payment and allowing seamless usage of AXIO for both local and cross-boarder financial transactions and will serve as a global currency for everyone most especially the under-banked class.

Another amazing concepts which AXIO will adopt is Privacy. AXIO believes everyone has right to secure and keep private what belongs to them . AXIO will offer the best and more secured privacy payment system for the global users .Users right need to be protected all the time . Unlike in conventional cryptocurrencies such as Bitcoin , Ethereum with public blockchain system which reveal transaction record to the public AXIOS will make transaction within their network private and confidential .Users accounts and financial history are kept private. Further more, AXIO will implements distributed computing system which will enable real time transaction processing.Axio will support diverse payment methods which will allow it to be globally adopted and used seamlessly for payment.Mobile payment integration is another feature of

AXIO Foundation. Slow transaction speed , high transaction cost associated to the use of cryptocurrencies will be a thing of past by using AXIOS cryptocurrency. Every transactions that does not require currency conversion will be conducted freely for AXIO users .

WHY AXIO CRYPTOCURRENCY STANDS OUT

1. TRANSPARENCY : Axios Foundation as a blockchain platform operates in a transparent manners in other to benefits its members, every transactions that takes place within the ecosystem such as outstanding loans, Reserve funds , Profits ,deposited funds and general operational expenses will be transparently published on blockchain and accessible to the public .Hence , showing the financial status of the company .

2. DEMOCRATIC SYSTEM OF GOVERNANCE: Unlike some platform which decision making regarding the management and growth of their foundation is being taken by their Team ,Axio offered a democratic system of governance which empower every members of the Foundation able to contribute to the decision making through voting system .Equal voting right are granted to members irrespective of their shareholdings

3. CONFIDENTIALITY/PRIVACY :Bitcoin and some other Cryptocurrencies offered public blockchain which enable public access of users transactions. AXIO will protect the privacy of their users , account information, transaction history will not be revealed to the public. Members of the foundation are protected and assured absolute privacy .Their personal information are secured and cant be shared or sold without the members consents.

4. ASSET BACKED CRYPTOCURRENCY : AXIO is a currency supported by the value of loan interest payment representing some certain amount of work .This guarantee the stability in intrinsic value of AXIO as the value of work is a stable commodity.

5. LOAN ISSUANCE PLATFORM : Axio apart from being a a payment service provider will also offer loan issuing service to its members in which interest will be charged and received .AXIO will be backed by the intrinsic efforts of borrowers towards paying their due loans which represent the value of work instead of commodity like Gold or silver .Unlike commodities backed asset which are represented by the value of assets in reserve i.e Gold . AXIOS is backed by faith and borrowers credit.

AXIO SECURITY TOKEN OFFERING (STO)

AXIO is a security offering public Sale of its securities .US citizens are restricted from the purchase of the security unless they are full accredited investors .Non-US investors, institutional investors that passed the mandatory KYC is eligible to participate in the STO.

STO SUMMARRY

Token Name - Axio

SYMBOL - AXIO

Total Supply : 100,000,000

Offering Amount : $20,000,000

Min Purchase: $1,000 USD

0bff7a436cd60ba589af8d366bb6462a45600a30d7cfcd9c8d9c8f2f8b4e6c37.png

AXIO TOKEN PRICES

$0.55 for token units less than 10,000 units

$0.50 for token units greater than 10,000 - 99,999.0units

$0.45 for token units 100,000 units

Accepted payments are BTC, ETH, LTC, BCH AND USDC .Pre-registration allows investors to earn 5% discount on first purchase

FINAL THOUGHT,

AXIO is a game changing cryptocurrency which will reverse the negative trends associated with the existing cryptocurrencies.AXIO is a specially designed cryptocurrency which will be issued as Security under the United State Law. It is not just any cryptoccurrency that are sold in form of ICO which does not respect the interest of investors .AXIO as a security token will grant investors part ownership right of the company and as well making them shareholders of AXIO Foundation which will make them entitled to dividends and some benefits in the ecosystem.In addition, the democratic structure of AXIO Foundation empowers all members of communities to take part in decision making which will lead to further growth and development of the company. This is a new revolution in the global financial system . Don't miss out and be part of something HUGE.

50e3310ec2dda7b8bb333f89873bbfa2d4851d7bb697ad3d14a0c92176683496.png

Official Resources
Website: https://axios.foundation/
Whitepaper: https://drive.google.com/file/d/1KlFhTMHWWsYii2tM-yBfSZAVCADLDksj/view

Folow us on Social Media :
Twitter: https://twitter.com/AxiosFoundation
Telegram : https://t.me/axios_foundation
Blog : https://blog.axios.foundation/

Authorship:
Bitcointalk username :koremodupe
Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2681359
Eth address: 0x92d259F369B02eF1d625C3F3bDc2F6b06A8BE272

 

 

How do you rate this article?

3


Decentraliza
Decentraliza

Am a Crypto Enthusiast And early blockchain adopter . I have passion for crypto trading , crypto blogging and general crypto promotion.


BlockchainWorld
BlockchainWorld

Welcome to the world of blockchain.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.