Top 5 most asked questions about AX1
Q1 What is the current price of an AX1 Token?
An AX1 token costs 0.0014 ETH in Stage 4. This means for 1 ETH you will receive 714 AX1 Tokens. Our calculations indicate that at this price, token holders will make 140% just on the difference between our cost to mine the coins versus their current exchange prices. This is in addition to any gains we make on the mined coins portfolio which could potentially be several hundred percent depending on how crypto prices go up in general. Based on 2017 figures, capital gains would be over 700%.
Q2 How do I make money from AX1?
The more coins that are mined by AX1 the higher the value of the AX1 Tokens. You can choose how long you HODL AX1 for while the mined coin portfolio grows and capital gains are realized , or if you want to profit from AX1 you can decide to sell it when you please on the exchanges we will list on
Q3 What Exchanges will AX1 list on?
A3 We are currently in talks with a number of Exchanges and submited applications to the Bancor Network and The London Block exchange. On top of this as AX1 tokens are ERC20 tokens, AX1 will be fully tradeable on P2P exchanges once our crowdsale and KYC is completed
Q4 How can I buy AX1 tokens?
AX1 is an ERC20 token so you will need an ERC20 Compatible wallet and ethereum to purchase AX1 tokens.
Is the price of electric in the UK suitable for mining?
Yes, AX1 through their partner Itilty have prepurchased electric at favourable rates meaning that AX1 can mine profitably. The average cost is £0.08 £/kwh. On top of this our data centre is a state of the art faciltly which means our infrastructure has led to test hash rates of 17.5 TH/S on our S9 antminers
Why Invest in AX1?
Multi billion dollar industry
The crypto mining industry’s revenue is on the rise
140% ROI* + growth in mined coins
You choose when to profit: HODL it to gain or sell it to cash-out on profits made
Crypto mining will be needed even when the last Bitcoins have been mined
AX1’s ICO has been approved for release by the Jersey Regulator
All unsold tokens will be burned — instantly raising the price of AX1
*The ROI is a sample calculation and has been approved for illustration purposes only. This should not be used as a basis to make an informed decision to invest in tokens or an offer or proposition to buy tokens, which should be done only after reading our authorised Investment Memorandum
