AxNet:Perfect Exchange Platform With Unique Difference

in #axnet6 years ago (edited)

OVERVIEW
It is with great pleasure i sincerely wish to inform you about a project with the unique features to improve our ecosystem. Basically, as always, I would like to highlight out that my articles are never and in no way any financial advice and will be a guide to adequately inform the masses about a unique project.Nevertheless they represent solely my opinion on a project nothing more, and I have studied them extensively for my purpose. As with any decision in life, everyone has to self-responsible to get their own opinion based on research.
It is common knowledge that the blockchain technology is revolutionary. During its conception, it's founder had hoped to use the platform as disruptive mechanism. It was hoped to topple ready traditional scenarios.

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INTRODUCTION OF AXNET

Asset Exchange Network (AXNET) is a licensed virtual currency to fiat exchange with a licensed virtual wallet platform based out of Estonia. We service our traders worldwide by giving them the first hybrid trading platform that offers both a Centralized and Decentralized exchange that allows our traders to toggle between the two.
Traditional currencies such as BTC, ETH, and USDT pairs with also fiat pairs like USD and EUR through our license and banking networks. Our AXNET Token (AXN) is the fuel of our ecosystem that gives the users the ability to access exclusive features and discounts on the exchange and enable our Trade Mining system.

What is the exchange trying to solve?

Stability and Scaling
Although the number of exchanges currently operating already is high, many of the more significant exchanges are giving their customers terrible experiences. Many crypto exchanges are created in a simple way, which causes problems when the volume on the platform increases. This can lead to laggy, slow-responding interfaces as well as downtime from time to time.

Security
When it comes to exchanges, safety is most definitely the most important factor to analyze. Hacks in crypto exchanges seem like a never-ending occurrence, as hackers continuously find flaws in the exchanges that can be abused.
Most recently, the so-called “decentralized” cryptocurrency exchange Bancor lost 13.5 million USD due to a security breach.

Axnet claims that they are following the highest security standards to make sure that the exchange is 100% safe for all users.

AXNET Token (AXN)

The AXN token is set to become a Ethereum based utility token on the exchange.

The total supply has been set to 1 billion tokens.

Token Allocation
70% (700 million) tokens are allocated for trade mining.
10% (100 million) of the total supply is set for the team and angel investors.
10% (100 million) tokens have been allocated for investors in the token sale.
10% (100 million) tokens have been allocated for Axnet operations.

AXNET (AXN) token features:
Profit sharing
Holders of the AXN token receives 50% of the total trading fees realized on the platform.

Trading Fee Discount
Traders on the platform can use the AXN token to receive a 50% discount on their trades.

Buy-Back Mechanism
20% of all net profit on the platform is going to be used to buy back AXN tokens. Bought tokens are going to be destroyed. This will continue until 500 million tokens (50% of the total supply) has been burned.

Exclusive rights
Exclusive rights on the platform for AXN holders includes token voting, exclusive offers, membership discounts and more.

Decentralized Exchange: GAS
The project has planned to develop decentralized exchange features where the AXN token is going to be used as the gas for running the system.

Team

The team behind Axnet consist of members that already have proven themselves in the field. The team is already experienced and competent to create high-class financial systems, which includes both developing and operating several exchanges.
Through the extensive experience with other exchanges and financial systems, they claim that they have developed large number of partners.

The project is based in Estonia, where they already have received licenses for the fiat to cryptocurrency exchange as well as the virtual wallet platform.
One unique thing about the block chain is availability of solutions. With recent decline by other chains, AXNET hopes to level all mountains in decentralized exchanges.

To learn more about this revolutionary project, check out the links below:
Website: https://ax.net/
Whitepaper:* https://ax.net/docs/AXNETWhitepaper.pdf
Medium: https://medium.com/AXNET
Twitter: https://twitter.com/AX_NET
Telegram: https://t.me/AXNET

Author's Details
Bounty 0x username: Dulowegner
Email:[email protected]

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