AltConnect has been designed to be economic yet profitable. ACX transfer fees will be affordable (even for smaller transactions) but miners can still remain profitable, as difficulty will be adjusted every block. We believe this will tackle Bitcoin’s scalability problems and allow for micro transactions to be feasible.
ACX blockchain provides transparency and as well as anonymity. All transactions on the ACX Blokchain can be seen be seen by anyone, yet our users can remain completely anonymous when transacting. It’s completely anonymous as the sending and receiving wallet addresses are not linked to a name, username, or any other personal identifying information.
ACX runs without having a central server, it’s designed to be completely decentralized. It will be providing all the hashing power to begin with and new pools for mining will be created for community as the difficulty increases and the network loads becomes unimaginable.
What does the word ACX mean?
ACX is an electronic currency. The currency is like the Dollar, Euro or Yen, but exits only in the digital form and similar to Bitcoin or Ethereum. Like other digital currencies, the users determine the value of it. They can only influence value by restricting coin supply and creating demand for ACX. Coin supply is restricted and demand will automatically be created sa ACX will be backbone of the AltConnect Lending Platform. The ACX economics are based on deflation unlike the inflation of fiat currencies.
What is AltConnect?
AltConnect is a revolutional crytocurrency platform. AltConnect Coin (ACX) is the currency of this platform, Just like Ethereum, Bitcoin and many ofther crytocurrencies. It has developed this new coin using Blockchain Technology with the aim of creating wealth for everyone. AltConnect allows for a self-managed decentralized financial ecosystem with peer-to-peer Blockchain transactions.
AltConnect Vision
AltConnect team sees a Technological Revolution in Blockchain. They envision cryptocurrencies as an alternative to the current financial system and they belive many cryptocurrencies can co-exist together and they want ACX to be up there with the other cryptocurrencies like Bitcoin and Ethereum.
Altconnect Mission
AltConnect focus on becoming a leader in the Blockchain era of banking. To provide many innovative banking and crypto services such as a multi-currency secure wallets to simply hold your digital assets, sending and receiving money across borders (fiat to digital and digital to fiat), ACX Debit Card through third parties, cryptocurrency exchange, mining and staking pools and most importantly our lending program services.
Also, to spread the culture of the Blockchain and cryptocurrencies, increase people’s crypto awareness, promote aggressive investments and challenge traditional banking, protect people from bank interest rates and to create a denaturalized world.
ICO & ACX Token Distribution
ICO is an unregulated means by which funds are raised for a new cryptocurrency venture.
AltConnect is offering ACX tokens at discounted prices via the ICO Model. Investors who believe in this project and its vision can participate in the ICO. Post ICO Investors and member can buy ACX from the project internal exchange or third party exchanges.
The goal of the ICO
To widely publicize the AltConnect platform to the public as well as raise money for the project. Also, to raise hard cap of $5.7 million, in addition to presale funds, with this funding further development can be done on the platform. The figure below shows the ICO Mining.
ICO Price
The Price of single ACX token for the first 1 million tokens will be $ 0.50 USD and it will increase incrementally for every 1million tokens sold during the ICO. For full details scrutinize the figure below.
ROAD MAP
For further meaning information about this awesome project, visit the links below.
Website: https://www.altconnect.me/
Whitepaper: https://altconnect.me/front/roadmap/ALTConnect%20Whitepaper%20Lowres.pdf
Facebook: https://www.facebook.com/AltConnectme
Twitter: https://twitter.com/altconnectme
Telegram: https://t.me/alt_connect
AUTHOR: EVER-YOUNG
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile