we hosted an amazing AMA with AXIA on the 11st of February
And here we will put some of the best questions:
Q1) Can you introduce YOURSELF to our community?
I’m Nick Agar, the founder of AXIA.
Q2) Can you briefly tell us what is AXIA?
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 a 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 as well as 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.
Q3) Let’s now talk about the milestones you have achieved so far and about your upcoming plans?
Over the past year, the project team has reached a number of milestones, including:
Bringing to market the unique hyper-deflationary tokenomics of AXIA
Launching AXIA Capital Bank, one of the world’s first digital banks that offers a suite of highly advantageous programs for its member
Provided the means for participants to spend and use their AXIA Coin globally on both online and offline goods and services
Launched the innovative AXIA Staking Program:
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.
Launched two use-to-earn apps, AXchat (instant messaging) and AXplorer (browser), that pay participants in AXIA Coin for their daily usage
Coming up soon, AXIA will be:
Launching the AXIA Network, the world’s most inclusive network that offers many advantages over industry alternatives, such as:
- The first ever hyper-deflationary network – offering superior economics to what exists in the market today
- More inclusivity and removal of barriers to entry to bring blockchain technology to the masses
- Mobile Staking – now anyone with a smartphone or other electronic devices can be part of the network and generate more favorable rewards themselves
- Higher level of decentralization
- More energy efficient
- Complete interoperability
- Low fees (which are burned) – adding value rather than subtracting it
- High throughputs
Launching the Real-Time Reporting Platform – which will bring a never-before-seen level of transparency to financial markets
Launching more than a dozen more use-to-earn apps to give participants even more ways to be rewarded for the things they are doing everyday
Delivering the first order of AXIA Encrypted cell phones – AXIA provides fully encrypted smartphones that offer more privacy and security that can reward you at the same time. Furthermore, there will be cost-efficient global phone plans.
There is much, much more on the roadmap as the AXIA Ecosystem will constantly be evolving and expanding over time
Q4) Every project has a story behind their name, Can you tell us more about the story behind this? Who are the team behind this project? can tell us their background?
AXIA means “value” or “worth” in the Greek language. Myself and the team thought this would be the perfect name for this project, knowing the project was specifically architected and developed to deliver value in a constant and consistent manner that can grow over time for each and every participant that joins the community. AXIA was designed to provide real fundamental value for its users in a manner that is uncorrelated to global markets and the economy that can act as a safe haven over the long term. AXIA is also inclusive where barriers to entry are removed so everyone can participate from around the world. Above all AXIA is striving to provide long lasting sustainable positive impact and change things for the better for people all around the world.
The team behind this project is substantial in size, spanning almost 100 members on nearly every continent across the world. There are many talented people with experience and expertise in a variety fields that have come together as we all share a vision to create a new standard, and take the blockchain industry and cryptocurrency market to the next level.
Q5) NFT is one of the hottest and most sought-after topics in the blockchain space right now. Can you share your opinion on NFT with us? Do you think NFT will disrupt the current financial system? What is AXIA’s approach to the NFT sector?
The AXIA team are big believers in the NFT space and really feel it is only scratching the surface of the possible use cases. AXIA has been developing its own NFT platform called AXclusive that will go live following the launch of the AXIA Network. It will offer many advantages as compared to existing alternatives such as users being able to gain the benefits of hyper-deflationary economics that can enable value for both buyers and sellers of NFTs (short and long-term) as well as mitigating risk. There will also be the ability to mint with zero fees and, when fees are charged (which will remain low) on the platform, they will be burned to provide value for the entire AXIA community.
And here we will put best questions from our members and AXIA fans:
Q6) After the Axia network launch , what will be the next goal for Axia?
To continue to raise awareness about AXIA globally and bring on more and more developers and other projects (beyond the partners we already have in place) in order to not only enhance the utility of the network, but increase velocity of the ongoing value that everyone who participates with AXIA will be able to take advantage of due the superior tokenomics as well as the abundance of utility available. AXIA will also be adding a number of DeFi platform to the network shortly after launch such as AXclusive the NFT platform that was mentioned earlier.
The network has specifically been designed to be the most inclusive blockchain network to-date. It will immediately be able to open the door to millions – if not billions – of people around the world, who will not only be able to gain the advantages that come from being a part of AXIA, but also bring accessibility to blockchain technology to the mainstream.
Q2) Do you have tutorial videos so we can get to know your project more clearly or do you have a YouTube channel or something? can you share it with us?
Yes, of course! You can visit the AXIA YouTube channel here. Tutorials explaining the project are available there and there are many more to come!
Q3) Where can I currently buy $AXIA Token(AXC)?
The best place to buy AXIA Coin (AXC) is through AXIA Capital Bank. When you have AXIA Coin at AXIA Capital Bank, you gain access to several member benefits including the highly unique AXIA Staking Program that enables participants to earn up to 192% APY that is compounded daily. Unlike with other staking models, you also have the ability to spend your AXIA Coin around the world while you’re staking—truly making this a one-of-a-kind opportunity! AXIA Coin can also be purchased at KuCoin and BitMart.
Q4) 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?
Yes, you can download AXchat (messaging app) or AXplorer (Internet Browser) anytime, on any device. You can earn AXIA Coin daily when you use the apps through very simple tasks like texting, calling, browsing the web, etc. Basically, you are getting rewarded just for doing the same thing you were already doing. Plus, these apps come with enhanced privacy and security than the big tech alternatives. There are more than a dozen use-to-earn apps coming in the near future that will provide even more opportunities to generate rewards and add significantly more utility to the AXIA Ecosystem.
Q5) Can you list 1-3 killer features of this “AXIACoin” project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?
- The hyper-deflationary tokenomics of AXIA offer a significant advantage. AXIA has a total supply that is constantly being reduced as a result of coin burning triggered by staking, transactions and exchange in the ecosystem. Not only does this model have the capacity to protect purchasing power, but enhance it over time.
- The AXIA Network will provide a number of strategic advantages and unique offerings that give AXIA and its participants a leg up, based on the list of features that were shared earlier in this AMA.
- AXIA offers participants more utility than other projects; you can spend it in the real world anywhere, generate more favorable staking rewards, receive AXIA Coin through use-to-earn apps AXchat and AXplorer, and much more! There is no alternative project that offers its users the ability to do so much within one singular ecosystem. There are so many more aspects to this project that I would like to highlight, but due to time constraints and being limited to just three, I would suggest everyone subscribe to the AXIA newsletter to learn more.
Q6) I’m a crypto Newbie so is the your project suitable for a beginner like me? or is only limited to professional users?
Yes. AXIA is truly for everyone. AXIA has so many applications, platforms, and services that will only continue to expand and grow over time. AXIA prides itself on being a participatory model where any around the world can join and take advantage of all that AXIA has to offer now and well into the future.
And this was the end of our AMA with AXIA.
If you have any other questions you can ask here:
ℹ️ℹ️ Useful links ℹ️ℹ️
Website :- http://axia.global/
Twitter :- https://twitter.com/AxiaCoin
Medium :- https://medium.com/axia-coin
Instagram :- https://www.instagram.com/axiacoin/
Facebook :- https://fb.com/fadogo.io
Linked :- https://www.linkedin.com/company/axiacoin/
YouTube :- https://www.youtube.com/channel/UCwNpyMcLnXbithGi1sVwLUw