Electronic first AXIOO
Introducing the AXIOO cryptocurrency
Hello everyone today, I am going to introduce you to a new cryptocurrency called AXIO which is a cryptocurrency supported by revolutionary assets designed to solve many shortcomings. found it in
Existing cryptocurrencies, such as the lack of identifiable intrinsic value, extreme volatility and non-compliance with
business activities. Axio is not simply a cryptocurrency, but a component of a patent-pending asset that gives everyone privacy, transparency, secure ownership, and real-time transactions. Free, borderline and international transferability
switchability, a range of payment methods, free basic account services and legal framework. Axio will be
issued under a United States confidential security with all implied advantages and able to trade as any currency, therefore any viable currency creation effort must include all the main part of
monetary system. At a minimum, this system must provide a means to maintain accounts and perform
deal with, and resolve disputes, as well as grant and service loans. While money provides means
to implement such a system.
Axio is not merely an attempt to create a better currency, this project intends to use blockchain
technology to overcome the current monetary system. Being a part of the monetary system will allow
Axio to overcome the difficulties of market acceptance by providing a complete low-cost solution to conduct and travel around the world.
A solution to these and many other problems is to employ blockchain technology to implement a
transparently and democratically operated central authority whose mandate is to serve its customers. We called
it the Axios Foundation.
The 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 forth the stability of the monetary system.
Blockchain Technology
The Axio is an asset-backed cryptocurrency that will be issued by the Axios Foundation and will be held in
accounts managed by the Foundation. All axios will be issued as Axio-denominated loans. The outstanding loans
will represent all axios in circulation. As a loan principal is paid, axios comprising that payment will be
extinguished. The Foundation will record all loan activity in a blockchain that will be published as a record. For
example, when the Foundation issues a loan to a borrower, the loan information will be added to a ledger in a
form of a public blockchain, and an amount of axios being borrowed will be issued and transferred to the
borrower. When the borrower makes a loan payment, the amount of principal paid will be extinguished and all
This information will be recorded in the blockchain
characteristics of AXIO
gold. Since borrowers’ efforts to pay off their loans are a stable commodity, the intrinsic value of the Axio should
be stable. 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.
While the intrinsic value of the Axio may remain stable, its market value will be set by price discovery on
the exchange. This may lead to the Axio being excessively overvalued or undervalued relative to its intrinsic
value (i.e., the total value of assets minus liabilities held by the Foundation divided by the amount of axios in
circulation). In such circumstances the Foundation may take corrective actions. If the Axio is overvalued, the
Foundation may increase the amount of axios in circulation. For example, the Foundation may lower the interest
rates, boost lending, or it may reduce Axio reserves. Similarly, if the Axio is undervalued, the Foundation may
decrease the amount of axios in circulation. For example, the Foundation may raise the interest rates, curtail
lending, or it may increase Axio reserves.
Transparency
The Axios Foundation will operate openly and transparently to benefit its members. To achieve this, all the
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 similarly to a credit union, with each member
controlling one vote, enabling them to equally participate in making decisions and creating policies.
Privacy
Most cryptocurrencies like Bitcoin, provide a publicly available record of all transactions that have ever
taken place. Because of this, they have a low level of privacy, yet 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, and will not sell or share members’ personal information without explicit permission or otherwise, as
required by law. If feasible, the Foundation will support an Axio Cash that will function similarly to
Provide security token
Securities provided at this STO are limited to U.S. accredited investors, non-US investors, and institutional investors under Regulation D, Rule 506 (c). ) of the U.S. Securities and Exchange Commission. If you are not sure whether you are a qualified investor in your country of residence, please seek legal advice before investing in this STO.
The Axio Axio Token, as originally provided at this STO, will not carry an internal mechanism for distribution payments or financial profits of any kind. The Axios Foundation hopes to convert the initially sold Tokens into one or more alternative tokens, culminating in Axio, which will operate on the company's undeveloped Platform.
CONCLUDE
AXIO is a fast-paced trading method, and Axio has been designed to improve the current monetary system. It's a revolutionary change, its purpose is to overcome the current system by bringing previously undeniable benefits to individuals and businesses. Here are some features of Axio Axio supported by the interest payment value for a certain number of jobs. Because the value of the job is stable goods, the intrinsic value of Axio will be stable
My article is here for the information below
WEBSITE: https://axios.foundation/
WHITEPAPER: https://drive.google.com/file/d/1KlFhTMHWWsYii2tM-yBfSZAVCADLDksj/view
PLANS: https://drive.google.com/file/d/1yEcGMDiBO6SntVf1zhxefDxUNPukeVj9/view
BLOG: https://drive.google.com/file/d/1yEcGMDiBO6SntVf1zhxefDxUNPukeVj9/view
TWITTER :https://twitter.com/AxiosFoundation
TELEGRAM: https://t.me/axios_foundation
Bitcointalkprofile: https://bitcointalk.org/index.php?action=profile;u=2674052
My proof of stake ID: GL4NWE