Axios Foundation Asset Monetary
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.
But most of all, the Axio was designed to serve the people. For this purpose it was founded on diametrically opposite principles to the current system, such as deflation instead of inflation, public control and transparency for common good instead of secrets for private gains. To function within the current monetary system, 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. Given its many advantages, the Axio is positioned to become a dominant player in the race to create the next generation of cryptocurrency. As such, it has enormous potential.
For this purpose it was founded on diametrically opposite principles to the current system, such as deflation instead of inflation, public control and transparency for common good instead of secrets for private gains. To function within the current monetary system, 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.
Features
From the outset, the Axio was designed to be more than an incremental improvement of the current monetary system. It is a revolutionary change, the aim of which is to surpass the current system by delivering previously untenable benefits to individuals and businesses. Here are some of the Axio’s features:
Security Token Offering
Securities offered in the company's STO are U.S. restricted securities for a period of 1 year from sale. Securities are available for purchase by U.S. accredited investors, Non-U.S. investors, and institutional investors in accordance with the Securities and Exchange Commission (SEC) Regulation D, Rule 506(c). If you are not certain whether you are a qualified investor in your country of residence, please seek legal advice before investing in this STO.
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.
The Company expects to accept payments in BTC, BCH, ETH, LTC, and USDC via Coinbase at conversion rate based upon the then-applicable quote on Coinbase for the coin used in the purchase. For further information, please refer to the Axio Token Terms of Sale agreement.
Initial Operations
Prior to the official launch, the Axio Tokens issued during the Security Token Offering (STO) will become convertible into axios. Axios issued for this conversion will be issued as perpetual zero-interest loans, and will permanently circulate as debt-free axios.
The initial operation will support minimal Axio denominated account services and trading of the Axio against the U.S. dollar.
The Foundation and its subsidiaries will be implemented using the STO funds. Following the official launch, the subsidiaries will operate separately from the Foundation using their own income. The brokerage will fund its own operations by charging currency conversion fees, while the ATS will charge a transaction fee. Note that transactions in axios conducted by the Foundation will be free.
Roadmap
The Axios Foundation project roadmap consists of a number of stages, with the implementation phase of the project expected to take one year. The following is the list of project’s major milestones. Note that all projected dates are tentative and are subject to change without notice.
Team
Henry Gleizer - FOUNDER & CEO
Over 30 years’ of experience in software project management, banking and trading systems development.
Oleg Kondratyev - CTO
Over 20 years' of experience in software development and architecture in financial services' companies.
Roman Kravchenko - CLO
Attorney with over 10 years' of experience
#AXIO #ICO #blockchain #cryptocurrency
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