AWAX - Blockchain of Trust

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ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.
After my research, I found this project in which I really put my faith: AWAX. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.
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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.
Mission
The 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.
Problem
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 The current global finance systems rely on outdated processes - many of which still rely on paper - and was never designed for today's personal and business financial management.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 AWAX Offers
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 OF THE PLATFORM
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.
**Features of the AWAX Platform
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.
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. Awax will buy back tokens and burn tokens used to fund transaction to maintain liquidity and minimize the duration. 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 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 AND DEVELOPMENT PERSPECTIVE
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Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
Author
nugezmils
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