AX1 is a mining platform. This platform has a kosep will provide token holders the opportunity to benefit from the mining of various cryptocurrencies without the need for technical knowledge. AX1 token holders effectively purchase shares in a centralized mining pool, which is managed from a state-of-the-art data center. Remuneration from mining activities will accumulate in the pool which in turn will increase the value of the AX mining token.
Investor Protection
To provide comfort to investors, AX1 will provide protection, comfort and observance of the principles that guide the Jersey Financial Services Commission ("JFSC") to dispose of its function as an island of financial services regulators ("Guiding Principles") who should pay attention:
Risk reduction to the public for financial losses due to dishonesty, inability, malpractice or financial imbalances of financial service providers.
protection and enhancement of reputation and integrity in commercial and financial matters;
Provide Jersey's best economic interests.
AX1 is committed to fighting financial crime either inside or elsewhere.
AX1 Limited ("Issuer") has obtained approval from JFSC under the Licensed Control Order (Jersey) 1958 for token issues under ICO ("COBO Agreement").
AX1 Mining Concept
This platform is not just launching another token from mining, but it will create mining that can help create long-term capital value for the token itself.
Adaptation of mining. Mining operations nowadays spend huge amounts of money on hardware, in many cases hardware can not adapt between coins. It does not happen with AX1, the mined coin will be increased in value so that the coin can adapt. The ability to do so by switching the rig from one coin to another in such a short time as directed by the Strategic Advisory Committee is a key consideration in our overall plan.
Avoid excessive concentration risk. This factor is closely related to the ability of mining adaptation. When analyzing many of the current mining operations that have been fixed for some time, AX1 observes that in many cases, the operation is too focused on one particular coin. AX1 wants to avoid this and instead mine some coins, from day one. The layout of the platform's data center building is perfect so it can easily demarcate miners with coins, even down to individuals. With approved planning permission for the second site, AX1 will build additional structures that will also facilitate the above.
Research & Development. Each token that is mined AX1, will be the best token. The platform is constantly innovating and adapting operations to follow new technologies and what coin dynamics I will have. For this purpose, AX1 puts the main focus on R & D so that AX1 can ensure that they are leaders when it comes to finding new avenues of profit.
Operational Scalability. The entire project has been designed from scratch with good scalability. The number of targets to start working on the second site in the UK is $ 10 million and when this amount is reached, work will begin on the second site and the funds used to adjust the built mining center. Planning permission has been approved for the second site. If crowdsale spawns more than can be spread on these two sites, the issuer is committed to using space in Canadian operations and in the discussion of appropriate terms - it will be operably integrated with, and controlled by, the sitebasede in Manchester.
Roadmap development
Conclusion
AX1 provides a very profitable mining token. mining on this platform based on great concept and technology. And, AX1 provides comfort and protection services to its investors.
