AWAX (AWAX) - ICO Details, Price, Dates, & More

AWAX (AWAX) - ICO Details, Price, Dates, & More

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Website White Paper r/AWAX (AWAX)

AWAX (AWAX)
AWAX (AWAX)
AWAX Coin Values AWAX

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Full Name
AWAX (AWAX)
Start Date
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Algorithm
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Description

AWAX (AWAX) Coin Description

AWAX is building a new blockchain-based solution for investing in exchange-traded funds and value, passive coin-traded funds and active coin managed funds. Through the effective use of smart contracts, order and issuing fees can be reduced to a fraction of traditional costs. This will make investing in AWAX more financially inclusive across all income classes. Artificial geographical trading restrictions, including the need for a bank account, can thus be eliminated. Counterparty risk can be reduced to mere minutes. Furthermore, AWAX is introducing a new system of passively managed cryptocurrency baskets, which reduces the risks and high fees of actively managed coin funds by using liquidity providers, incentivized by arbitrage effects. AWAX system is based on an underlying rule-based asset allocation rather than high-risk contracts for difference. It uses the asset-first principle, which incentivizes asset vendors to deliver assets before getting paid, thus further reducing investor risk.

Technology

AWAX (AWAX) Coin Technology

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Features

AWAX (AWAX) Coin Features

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ICO Details

AWAX (AWAX) ICO Details

ICO Status
Ongoing
Token Supply
30000000000
Start Date
2018-11-02
End Date
2018-12-15
Fund Raised (BTC)
N/A
Fund Raised (USD)
N/A
Start Price (USD)
0.05
Security Audit Company
N/A
ICO Legal Form
Corporation
ICO Jurisdiction
UK
Legal Advisers
N/A

AWAX is building a new blockchain-based solution for investing in exchange-traded funds and value, passive coin-traded funds and active coin managed funds. Through the effective use of smart contracts, order and issuing fees can be reduced to a fraction of traditional costs. This will make investing in AWAX more financially inclusive across all income classes. Artificial geographical trading restrictions, including the need for a bank account, can thus be eliminated. Counterparty risk can be reduced to mere minutes. Furthermore, AWAX is introducing a new system of passively managed cryptocurrency baskets, which reduces the risks and high fees of actively managed coin funds by using liquidity providers, incentivized by arbitrage effects. AWAX system is based on an underlying rule-based asset allocation rather than high-risk contracts for difference. It uses the asset-first principle, which incentivizes asset vendors to deliver assets before getting paid, thus further reducing investor risk.

Team:

  • Richard Haverinen: Chief Executive Officer / Board Member. 
  • Andrew Peciorin: Founder / Board Member / CTO. 
  • Magnus Larsson: Chief Operating Officer. 

AWAX ICO began on November 2, 2018. The ICO token supply represents 60% of the total token supply, so there is a total of 18,000,000,000 AWAX tokens available, for 0.05 USD each. The ICO funding target is 15,000,000 USD, the funding cap is 200,000,000 USD and is expected to end on December 15, 2018 or when the funding cap is reached.

AWAX ICO features a bounty campaign as well as a 20% bonus on the Pre-Sale and 10% on the Main Sale.

Quick Stats
AWAX (AWAX) Rank -
AWAX (AWAX) Price 0
AWAX (AWAX) Price (BTC) ฿ 0.0000
24h Vol 0.0000
Market Cap 0.0000
1h
-
24h -
7d
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Top Coins
NamePrice24h
1. BTC $11,899.92 6.96 %
2. ETH $317.08 1.78 %
3. XRP $0.47 0.3 %
4. BCH $476.39 -0.72 %
5. LTC $135.24 -0.77 %
Top Gainers
NamePrice24h
312. BDT $0.12 9758.94 %
1265. CYFM $0.000030 1806.85 %
1274. VSF $0.00012 964.03 %
2126. B2X $0.0000050 568.35 %
2129. DOOH $0.000069 307.3 %
Top Losers
NamePrice24h
1359. ZEUS $0.0000030 -92.98 %
729. XP $0.0000070 -91.06 %
2133. BZKY $0.000075 -89.03 %
2134. CAN $0.00051 -82.74 %
808. A $0.054 -79.17 %
AWAX (AWAX)
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