The number of cryptocurrency tokens is continually growing, and so is the number of exchanges as well. This is needed as token liquidity is a huge problem for many cryptocurrency projects, and integration into the established exchanges is often hard or too expensive for smaller projects (cost can be up to 500,000$ for listing).
Axnet is an abbreviation for Asset Exchange Network.
YouTube Official Presentation
Website======Whitepaper
What is the exchange trying to solve?
Stability and Scaling
Although the number of exchanges currently operating already is high, many of the more significant exchanges are giving their customers terrible experiences. Many crypto exchanges are created in a simple way, which causes problems when the volume on the platform increases. This can lead to laggy, slow-responding interfaces as well as downtime from time to time.
Security
When it comes to exchanges, safety is most definitely the most important factor to analyze. Hacks in crypto exchanges seem like a never-ending occurrence, as hackers continuously find flaws in the exchanges that can be abused.
Most recently, the so-called “decentralized” cryptocurrency exchange Bancor lost 13.5 million USD due to a security breach.
Most recently, the so-called “decentralized” cryptocurrency exchange Bancor lost 13.5 million USD due to a security breach.
Axnet claims that they are following the highest security standards to make sure that the exchange is 100% safe for all users.
About AXNET:
Asset Exchange Network OÜ (AXNET) is a licensed virtual currency to fiat exchange with a licensed virtual wallet platform based out of Estonia. We service our traders worldwide by giving them the first hybrid trading platform that offers both a Centralized and Decentralized exchange that allows our traders to toggle between the two. We are listing traditional BTC, ETH, and USDT pairs with also fiat pairs like USD and EUR through our license and banking networks. We are also launching TUSD pairs for our decentralized exchange to give a stable-coin trading experience.
AXNET Token (AXN)
The AXN token is set to become a Ethereum based utility token on the exchange.
The total supply has been set to 1 billion tokens.
Token Allocation
70% (700 million) tokens are allocated for trade mining.
10% (100 million) of the total supply is set for the team and angel investors.
10% (100 million) tokens have been allocated for investors in the token sale.
10% (100 million) tokens have been allocated for Axnet operations.
What is AXNET
AXNET is an exchange which can provide the ability to their users to utilize their own wallets in a Decentralized Interface enabling the peer-to-peer transaction. Users will be able to utilize both decentralized and centralized exchanges in one platform with a flip. In another word, AXNET is some kind of decentralized and centralized exchange combined, with an amazing team behind.
Apart from that, they are licenced virtual currency to fiat exchange with a licenced virtual wallet platform.
Instead of listing only BTC, ETH, USDT, NEO kind of cryptocurrencies, they will also list USD and EUR through their licence and banking networks.
AXNET Features
Mobile App
AXNET has developed a mobile app which you can download for your iOS or Android powered mobile device.
API for Developers
AXNET has opened an API platform for developers. Any developer can connect to their API’s to make trade bots and access all features of the AXNET platform. You can check their API docs from here.
FIAT License
They have fiat currency licence. So anybody can buy crypto over AXNET platform via USD or EURO.
Exchange Type
Any user will be able to use AXNET platform as a decentralized or centralized only with one switch.
Licenced Wallet
AXNET will provide the ability to their users to utilize their own wallets in a Decentralized Interface enabling the peer-to-peer transaction
UI/UX
They have an amazing team behind. So UI and UX will not be a problem.
Customer Service
They have prepared a good customer experience service. So users will be able to connect and solve their problems directly.
High Performance Engine
AXNET has developed a hardware-accelerated and highly-efficient memory matching engine. This engine has ability to sustaining 2 million order making per second and 1 million order processing per second.
AXNET (AXN) Token
AXN will be the fuel of the platform. AXN holders will benefit the features like enabling AXNET’s Trader Mining system. Also, exchange fees, withdraw fees, listing fees and any other fees which are going to be taken by the platform will be discounted.
Roadmap
MARCH 2017
Sylo confidential communication app release
P2P confidential communication
20,000+ professional users
JANUARY 2018
Blockchain integration decision finalised. Sylo to become blockchain-enabled.
MARCH 2018
Sylo presale sold out
AUGUST 2018
Sylo releases decentralised application in closed Alpha.
QUARTER 3–2018
Publicly available crypto-enabled beta release
Fully decentralised Sylo communication functionality
Cryptocurrency wallet. send and receive payments
Sticker marketplace release.
QUARTER 4–2018
Sylo gold release
MainNet release
Use real SYLOs in the Sylo app
SingleSource identity integration
QUARTER 1–2019
Sylo DApp marketplace release
Decentralised exchange application integrated. Atomic swaps of currency/tokens cross-chain
QUARTER 2–2019
SmartCity MVP release
CentraPay integration finalised. Spend cryptocurrency in the real world
Transport application integrated. decentralised transport
F&B application integrated. ‘Walk away to pay’ at restaurants
Event ticketing application integrated.
Sylo toolkit completed and open-sourced
QUARTER 3–2019
Public release of the Sylo Replication Node
The Sylo platform is completely decentralised.
QUARTER 3–2020
Replication node incentivisation complete
Team
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My Info
Bitcointalk user name: Mary Laura
Bitcointalk profile Link:
ETH address:0x35fedB6E70817f046D7AaB2c2bd6ac6129B80f4B
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