AMA with AXIA
Can you start us off with what AXIA is about and what problem it solves?
AXIA is the organization building a digital ecosystem around AXIA Coin, the first ever hyper-deflationary asset-supported digital currency with global usability. The economic design is unique in the industry as the total supply is constantly reducing as a result of any form of participation, staking and other activities across its vast ecosystem while the AXIA Treasury that offers support for the network and holders of AXIA Coin can be increasing simultaneously. This offers holders a value proposition that has never existed before in any market, whether it be in traditional finance or alternative crypto projects.
AXIA establishes a better store of value with monetary policy and tokenomics that goes well beyond what are considered deflationary instruments as AXIA Coin will become more and more scarce over time, which can not only protect purchasing power but can enhance it. This runs contrary to fiat currencies and other alternatives that have proven to be quite speculative, as seen recently.
Furthermore, beyond this AXIA offers an unparalleled and fully built-out network of applications and platforms that allow for AXIA Coin to be utilized as a preferred medium of exchange.
On top of all this, AXIA aims to reward its ecosystem participants in unprecedented ways that simply are not available in the traditional system or with other crypto projects. With the AXIA apps, users can earn AXIA Coin daily and not have to worry about their data being sold to third-parties. Additionally, AXIA offers a unique staking program, participants can earn up to 192% APY that is compounded daily that takes advantage of the hyper-deflationary tokenomics. The team is also incredibly excited about the forthcoming launch of the AXIA Network that aims to solve many of the issues with traditional blockchain networks. This is a next generation network that will not only offer a better economic design, but be far more inclusive for people all over the world and truly bring blockchain technology to the mainstream.
That is a well detailed introduction 🤗
There are many ways to earn rewards when you join AXIA. At AXIA Capital Bank, participants can take advantage of the staking program and earn up to 192% APY that is compounded daily. Through AXIA apps like AXplorer and AXchat, users can earn daily AXIA Coin rewards just for doing the same things they were already doing before anyways. Many more apps are also slated for release in the coming months that will allow users to earn further daily AXIA Coin rewards. And, the AXIA Network will include many DeFi products that open the doors to even more rewarding opportunities.
Nice to hear that 🤗👍
What's the utility of $AXC and how does one aquire it ?
AXIA Coin already has many uses and they will only increase in volume over time. I already mentioned some of the uses and benefits to having AXIA Coin in the previous question. I should also include that AXIA Coin can be used to purchase goods and services anywhere across the world today at point of purchase or via online shopping with the AXIA debit card. As all of this participation and activity is occurring across the AXIA Ecosystem, value is being provided for all AXIA Coin holders knowing that they will receive the immediate benefits associated with the reduction in total supply as any form of participation, staking and activity results in coin burning. This means AXIA Coin will become more and more scarce over time which provides value to everyone who holds the coin. AXIA Coin is the native digital currency for the AXIA Ecosystem, so it can be used across all of the AXIA apps - which all come embedded with AXIA Wallets - and the utility of AXIA Coin will exponentially increase once the network and its related platforms begin to roll out. You can currently purchase AXIA Coin at AXIA Capital Bank or via KuCoin or BitMart.
That sounds great
Moving on to the last question in this segment
Can you tell us what are you guys planning to achieve by the Q1 of 2022?
The AXIA Project has some very big things planned for the rest of Q1. AXIA Coin rewards are going live on AXchat next week, so users will be able to earn AXIA Coin just for simple tasks like calling or texting with friends. This is on top of already being able to earn daily AXIA Coin rewards through the AXplorer Browser that AXIA released in 2021.
AXIA is also close to releasing the Real-Time Reporting Platform, which will bring a never-before-seen level of transparency to the market. This proprietary tool will track all of the holdings in the AXIA Treasury in real time. All of the data is verified by accredited third-party auditors.
Another very exciting launch for AXIA that is on the horizon is the Encrypted AXIA Smartphone. Through AXIA Tel, the project will be fulfilling pre-orders on the first batch of fully encrypted phones - all of which come pre-loaded with all of the AXIA apps - in late February. This is a very exciting step for the project, and AXIA will also be offering cost-efficient global phone plans along with the encrypted smartphones.
And last but definitely not least, the AXIA Network is slated for launch in Q1. It will be the first-ever hyper-deflationary network offering superior economics as compared to what exists today, as well as being the most inclusive network ever released. It also aims to solve many of the inefficiencies with earlier networks. It will be fast, eco-friendly, cost-efficient and offer true interoperability. Plus, anybody who wants to can engage in mobile staking on the network; that is, staking AXIA Coin on the network from a simple app on their cell phones or computers - this will truly bring blockchain to the masses for the first time.
You really have a great mission and vision
1)I read that Axia ecosystem has a lot of real world usecases. So is it necessary to have Axia wallet to be eligible for the rewards for using Axia apps? What all apps are currently available? Will there be more included?
Yes, in order to qualify for rewards in the AXIA Ecosystem, you must be a registered user and have an AXIA Wallet. Whether you are earning rewards through AXIA apps or things like the AXIA Staking Program, all of the AXIA Coin you earn are deposited into your AXIA Wallet. Currently both AXchat (messaging app) and AXplorer (Internet browser) allow users to earn daily AXIA Coin rewards, with over a dozen more to come soon!
2) Can you please briefly explain your Revenue Model? As a crypto enthusiast I am Interested to know more about the methods you adopt to generate revenue? And how an investor could get benefit from your project?
Anybody who participates gets the immediate benefit of the hyper-deflationary tokenomics of AXIA. The economic design not only provides a more secure store of value, but it is completely uncorrelated to any other market and can protect purchasing power in a superior way, with the additional benefit of actually enhancing it over time. Knowing that AXIA Coin will become more scarce through a wide variety of triggers while the AXIA Treasury can grow simultaneously, there is simply no value proposition in the industry that equates to what AXIA is offering.
3)What do you think about the role of community in the progress of your project? Also can you please explain your Governance model and as an investor I would like to know the role of investors in the governance of the project?
The AXIA Community is an absolutely integral part of this project and we have amazing supporters from every corner of the world. We run fun community contests and programs in our Telegram and Discord channels each week and regularly interact with the community across all of the AXIA social channels regularly.
The AXIA Network is all about a greater level of decentralization. Knowing that it is far more inclusive, the community will not only receive significant benefits from the network’s superior economics, but is far more involved in consensus.
The governance model will allow for AXIA Coin holders to participate in decision making processes rather than having any changes to the system be imposed by a central authority or, in the case of some decentralized systems, by team developers. There is no manner in which changes can be made when not elected by the majority.
That's well answered
4) Recently many nations have implemented very strict regulations to crypto currency exchanges, considering the recent events that take place in India and China how will you handle this problem?
AXIA is focused on building a network that allows for full decentralization and can benefit participants globally on many different levels. This includes at the individual, corporate and government levels; AXIA is a participatory project that is aiming to be a solution to many of the inefficiencies and difficulties currently existing across the world, and can assist in providing solutions whether they be for developed or undeveloped nations. AXIA is striving to above all provide long lasting sustainable positive impact and change things for the better for people all around the world.
5) From my experience in this field l consider staking as an effective way of earning. Is your Token available for stacking? How we could stake your Tokens? In what other ways I could earn profits from your project?
The AXIA Staking Model is completely unique within the industry and offers rewards of up to 192% APY with all rewards being compounded daily. Participants can generate significant rewards and receive additional value while also ensuring there is protection regardless of fluctuations in the market. All rewards are calculated based on the AXC/USD exchange rate.
If there is an increase in the exchange rate for AXIA Coin, then the previous rewards earned are worth more. There is also a built-in hedge in the event that there was ever a decrease in the exchange rate, as there would be more rewards distributed to safeguard against this. As a result, the potential for compounding the rewards is even greater due to the fact that the AXIA Coin holders would accumulate more rewards, which would augment the compounding effect. This unique model provides benefit to AXIA Coin staking participants regardless of changes in exchange rate throughout the staking term. Because of all these reasons, it is highly advantageous for any participants as they can benefit both on price increase and decrease over the course of the staking term.
Well explained 👏👏
Many companies just run their project and just keep focusing on the price of the token and also their tokens are not useful. Can AXIA also give real value to the community and everything? ⭐️⭐️⭐️
Hi Rocky, AXIA is about providing true fundamental value above all else. AXIA offers the first-ever hyper-deflationary digital currency that is designed not only protect value but enhance it regardless of market conditions at any time. On top of this AXIA provides the utility to be used a as preferred medium of exchange, but you have a stake in all the platforms, apps where you can generate rewards daily.
💎⭐⭐ I read that any user can generate AXIA Coin rewards daily when using any AXIA Ecosystem app. Does it mean that you have free downloadable apps on the web? Could you mention some of these apps? What are the options to generate income through these apps? 💎
Hi Nicolas, yes you can generate AXIA Coin rewards from free downloadable apps like AXchat (instant message) and AXplorer (internet browser) with many more coming online soon.