AfroDex Labs
3 min readNov 29, 2019

Massive 1 Trillion $AfroDex giveaway for one year anniversary

AfroDex, a decentralized exchange based on Ethereum blockchain, has announced a giveaway of 1 Trillion AfroDex (AfroX) tokens. AfroX is a proof-of-stake token with staking rewards that pay on a daily basis. The company behind AfroX token, AfroDex Labs, is a blockchain incubator and accelerator. With a stellar team, this company has managed to gain reputation in the blockchain sphere as well as the overall cryptocurrency markets.

The Company

The company behind AfroX token has already built an array of products based on blockchain, some are ready, some still in development. Apart from the decentralized exchange, AfroDex Labs has boasts of a crypto storage hardware wallet called AF-Vault, a telegram robot for ERC-20 token transactions, Afro-pay - an online payment processor, AF-Token Text - an offline SMS platform for ERC-20 crypto transactions via SMS, a crowd send embedded in bot wallet, AF Hot Swap for p2p airswap of crypto, and AF Crowd Fund - an insured tokenized platform for crowdfunding.

AfroX Token (more info about token)

AfroX will also be airdropped for holders of AFDLT Token.

AFDLT holder's from Buzzin, can get 1 AfroX token to 1 million AFDLT.

Non Buzzin linked, holders of AFDLT token will be get the new token in the ratio of 1:1.

AfroX token will be listed on Bitcratic, Cryptlodex, Altmarkets exchanges as soon as possible. While the team is talking to other exchanges like Mercatox, ConLim, DDEX, Vindax, P2PB2B, ShortEx, BankCex, we can expect many more listings in the near future. Being listed on all these exchanges will enable the inflow of liquidity to the token as well as listing on CMC.

AFTX Robot wallet, EmojiTipBot and Trust wallets will support AfroX token apart from every ERC-20 compliant wallet on the market.

AfroX has already seen adoption by retailers where malls and marketplaces like SuperInka in Peru, megastores minimart in Nigeria and 1 Click Stores and their global flight booking portal Travel 1 Click will accept this token. They are also anticipating acceptance of their token in all Shanghai fuel stations across Nigeria.

AfroX has implemented a proof-of-stake mechanism allows any wallet to stake 1b and above AfroX and mints 0.03% of staked amount daily with additional 0.003% daily bonus if wallet didn't unstake in the last 30days.

Each new stake made after the first stake releases all pending rewards and mints it as new AfroX into the circulation...

Each staking takes out that amount you stake from circulation where it starts counting rewards to mint for you.

You can unstake anytime, and any unstaje whether partial or full mints back the burnt AfroX plus all pending rewards.

Bounty program

From December 1st to January 3rd, AfroX will hold a bounty program where a hundred thousand people will qualify for a minimum of 100million AfroX token. The tasks required to qualify for this program include joining their telegram community, creating an AFTX Robot wallet, following the founder on Twitter, RTing pinned post, creating a new tweet and tagging 5 friends, liking their Facebook page, following them on Medium, Linkedin follow, subscribing to their Youtube channel and following their partners’ Instagram account and users get 1 million AfroX token per task.

Referrals are an important part of this bounty program. You can leverage your network of friends and connections on various social media sites to get 1 million AfroX token. The upper limit for this scheme is 90 referrals. This means you have earn 90 million AfroX tokens by referring your friends. But be sure not to refer bots or self-refer.

Conclusion

AfroX’s 1 trillion token giveaway is unlike any other giveaway in the crypto industry. Backed by a solid company, this token is bound to soar great heights as it gets listed on various exchanges. The bounty program is just one of the easy ways to gain access to the token and their ecosystem. A one-year-old company with a robust roadmap and a history of execution is something anyone would want to invest in.

AfroDex Labs

we're a corporation which serves as a blockchain tech incubator & accelerator, focused on building technologies for mass adoption on the erc20 Ethereum Network.