AWAX - Pioneer the Future of Finance

brainerdpaul (-2)(1)in #ico • 6 years ago

Our global financial ecosystems serve billions while moving trillions of dollars each day. However, these systems are rife with problems with frequent delays and additional fees. Not to mention, the onerous paperwork and fraud cases you frequently encounter. The only positive is that the evolution of blockchain technology is proving to be a remedy for these shortcomings.

But there is also a downside to cryptocurrency as a mode of transaction given their high volatility. Such a situation calls for the creation of a financial ecosystem within the blockchain to acts as a central authority and sustains the currency. The following venture is on course to create its financial ecosystem with its very own low volatile cryptocurrency. In this sea of inovation and new technologies i will be introducing you to a visionary project that come to life in the form of ICO's and today i am going to present you with one of the most promising ones on the market which is Awax and they are revolutionizing and 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.

ABOUT 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.Awax 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.

PROBLEMS AWAX SEEK TO SOLVE

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 The current global finance systems rely on outdated processes - many of which still rely on paper - and was never designed for today's personal and business financial management.

SOLUTION PROVIDED BY AWAX

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.

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!

How AWAX exchange works

AWAX uses PoA (Proof of Asset) Tokens and a digital trust fund to broker exchanges between cryptocurrency, fiat currency and real-world assets without lengthy settlement times, expencive transaction cost, and geographical restrictions.

PoA Tokens
Fiat currency and real-world assets on AWAX each have their denomination and PoA utility token, making them far easier to trade than traditional methods. Every PoA utility token is cryptographically secured. visible to everyone on the blockchain, and backed by real assets stored in a decentralized digital wallet.
Digital Trust Fund
Your fiat currency and real-world assets are securely in our digital trust fund, linked
to your PoA utility token. These trust funds connot be claimed by AWAX or anyone
lese, and all underlying assets are protected by strict trust fund laws.

Token and ICO Details

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