AXIO - Fully Backed and Legally Complaint Cryptocurrency

INTRODUCTION

There is talk about a bubble building in cryptocurrencies. Certainly public interest has piqued as Bitcoin continues its exponential ascent up its price chart stealing headlines along the way. The blockchain technology underlying cryptocurrency is here to stay just as the technology underlying the dot-com bubble of the early noughties is very much still with us.
Over the past few years, the cryptocurrency markets have seen significant and unprecedented growth, with investors in the space earning huge profits. One major drawback, however, is that trading cryptocurrencies is a bit complicated and the recent influx of new projects into the market is quite overwhelming. As a result, investors that do not have the time, resources or expertise to do exhaustive research may end up making snap judgements and losing money. As such, it has become particularly important for investors to be cautious while making investments in ICOs and cryptocurrencies in general. This is because a large proportion of investors lack the knowledge to dissect projects, analyse teams or even to ascertain the authenticity of the claims made in the white paper. More so, even if these investors have the knowledge and expertise to analyse and make risk assessment for blockchain projects they may lack the time, resources, and in depth research required to make informed decision. On the other hand, there are multiple genuine cryptocurrencies and ICO projects that have viable products, and world class teams that have the ability to execute the vision and deliver revolutionary solutions within the space and this is where Axio fits in.

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.

The Axio foundation will be operated in a similar way to a credit union, which is a financial cooperative controlled by its members and operated on the principle of people helping people. The Foundation will disburse all excess profits from its operations as interest payments to its members, thus efficiently recycling the interest payments back into circulation, permitting repayment of outstanding loans, preventing the exponential growth of debt, and ensuring the stability of the monetary system.

Vision

UNIQUE 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

Presale
May. 1, 2020 - May. 31, 2020
20% discount bonus

STO Sale
Jun. 1, 2020 - Hard Cap
Soft Cap: $5,000,000 USD
Offering Amount: $20,000,000 USD

UNBEATABLE 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;

Website: https://axios.foundation/
Whitepaper: https://drive.google.com/file/d/1KlFhTMHWWsYii2tM-yBfSZAVCADLDksj/view
Twitter: https://twitter.com/AxiosFoundation
Telegram: https://t.me/axios_foundation

Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409

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