AWAX-Building the global financial system of the future, empowering anyone to exchange, move and manage their digital and fiat money with complete flexibility

maniecool (36)in #ico • 5 years ago

The Fever about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is an enormous base of information where we can do anything. Internet has connected the entire world.
Because of the access to the internet we are able to get information about one of the most incredible crypto-project which is known as AWAX

Awax is building the global financial system of the future, empowering anyone to exchange, move and manage their digital and fiat money with complete flexibility, groundbreaking transaction times and significantly lower fees than today's alternatives.

The Mission

The mission is to use the blockchain technology to eliminate the limitations of the old economic systems and to develop tools which make it simple, affordable and safe to access the instruments currently reserved for the financial instructions.

To create a system that gives everyone access to real-world assets and to participate in profiting form global economic progress. Not limited to location or financial status i.e. if you have account or not.

To make trading, clearing and settlement with assets as easy and secure as transferring a Bitcoin.

The mission above is gotten from the official whitepaper of AWAX (https://www.awax.co.uk/docs/Awax%20Blockchain%20Platform%20Whitepaper%20051118%20V2.pdf)

The Problem

Despite the finance industry's resistance to change, blockchain-based solutions are set to replace many processes we use today in financial transactions. The current global finance systems rely on outdated processes - many of which still rely on paper - and was never designed for today's personal and business financial management.

The Solution Offered

Levering the Ethereum blockchain, self-executing smart contracts and unique automation technology, AWAX provides a new, highly scalable global financial solution. Users will have a single global account for their digital and fiat money and complete freedom to buy, sell, move and exchange any type of asset anywhere in the world without restriction. All this at near-instant transaction speed and at significantly reduced fees to traditional systems.

The Problem and Solution is gotten from the official website of AWAX (https://www.awax.co.uk/)

Now that we have a good understanding of what the AWAX project is about, let's get down the benefits:

The Benefits

Instant transactions - Financial transaction are processed in seconds.

Fair Rates - Exchange and banking fees are significantly reduced.

Security - AWAX is decentralised and protected from bad players

Compatibility - AWAX connects crypto, fiat and real-world assets.

Control - Users are able to transact directly from hard wallets.

Global Scale - Significantly greater capacity than a regular ETH application

The Functional Pillars of The AWAX Platform

Features of the AWAX Platform - For users mostly:

Land any of the proven copy traders.

Ensure rapid and secure arbitrage services.

Deliver professional portfolio management.

Utilize decentralized, secured, personal and disconnected cold-keeper facility.

Provide verified trading records.

Create an alternative credit history.

I know you must be itching to be a part of this project with everything depicted above! Well, below are all the details you need to be a part of an incredible innovation!

About The AWAX Token

ICO Details

Country Of operation

ICO Campaign start and end dates

PRE-SALE until 28th October 2018

PRE-ICO 2nd November 2018 - 15 December 2018

ICO 15 January 2019 - TBD

Token name/Ticker

AWAX

Platform & utility Token type

ERC20

Price per utility Token

PRE-SALE - 0.01USD

PRE-ICO - 0.01USD

ICO - 0.05USD

The ICO or TGE offers investors access to 30 billion AWAX Utility token at prices that offer great value for money. Particularly the earlier the investment.in addition, they have real potential to increase in worth.

Token Supply

Awax will buy back tokens and burn tokens used to fund transaction to maintain liquidity and minimize the duration.

Token Demand

Token demand is based on the utility of the token, i.e. how much the token is issued/when service is enabled.

AWAX Utility Tokens

AWAX utility tokens will only be released in exchange for Ethereum and Bitcoin during the contribution period which runs from October until early 2019. This is to protect the investor and AWAX as the token will remain inside the project.

Whilst AWAX is already partially funded, a soft cap of $15 million will be required in order to deliver a functioning platform and exchange. If this is not achieved, all investments will be returned.

The hard cap of $200 million will fund the acquisition of existing banking and exchange services which will expedite the mission of building a fully functioning multi-asset financial system.

ROADMAP

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