Auxledger to launch Initial Exchange Offering; Providing Bonus in Pre IEO Round

Akash Gaurav
Auxledger Network
Published in
3 min readApr 10, 2019
Auxledger IEO announcement

Despite the bearish market, the crypto community is observing to grow bigger every day. Now there are more impactful Blockchain projects starting up and adding value to entire Blockchain and crypto space. With a burst of 2017 crypto bubble, the community has grown more aware of choosing a project on the basis of value creation rather than the hype. While innovation on Blockchain technology is at peak, the early community is getting opportunities to involve in those change making projects.

Auxledger is a Blockchain infrastructure project started by us at Auxesis Group, one of the early developers in the Blockchain technology space. Auxesis was started in 2014 with a vision of building a better decentralize internet. Across the time of inception, we worked with major enterprises to grow Blockchain potential. Utilizing the many learnings of the technology, we started Auxledger project in April 2017. The project shaped into a product and adoption of Auxledger started across enterprises and Government bodies. Auxledger created one of the world’s largest Blockchain network with over 60 Million population with the support of State Governments of India. Auxledger further partnered and worked with the largest enterprises including IBM, HPE, and KPMG to create a further larger network and bring Auxledger in mainstream adoption.

Initial Exchange Offering (IEO):

Initial Exchange Offering is a token sale process where the sell is made directly on an exchange prior to its listing. The token sale is administrated by Exchange on behalf of Token Issuers. IEO Services are currently being offered by most of the world’s best exchanges including Binance, Huobi, KuCoin, and OKEx among others.

We are glad to announce that Auxledger has been seen with a tremendous potential to reach out to the crypto community by leveraging the network of these biggest exchanges. We are in discussion and evaluation process to sale the tokens assigned for Investors and Traders in form of IEO. IEO has recently become famous due to its potential of reaching out to active traders in a faster manner. We are currently finalizing our discussion with some prestigious exchanges ensuring Auxledger IEO provides maximum benefits to project in the long run.

Bonus System in Seed Token Sale:

With the recent launch of Auxledger public network, and before going through the IEO process, Auxledger has started its seed token sale round. We observed the tremendous response in Seed Token Sale round and onboard more partners and institutional investors into the project. The seed round was also extended to the crypto community in form of Pre-IEO for which a total of 10 Million tokens has been allocated. Getting extremely positive response we have been able to sell over 30% of the tokens (as of April 10th, 2019) while we just started our community building exercise.

For early entrants of Auxledger community, we are providing an additional bonus of up to 20% on their total token purchases.

All the community members who are participating in the Pre-IEO round by April 30th, 2019 are awarded a 5% bonus to their amount of tokens purchased.

Additionally, we are also offering an amount wise bonus system to the contributors as tabulated below:

5% for the amount purchased between 1,000 XAL to 3,000 XAL

10% for the amount purchased between 3,001 XAL to 10,000 XAL

15% for the amount purchase of more than 10,000 XAL

Existing token buyers are already enrolled and made eligible for the bonuses. We are further inviting crypto and Blockchain enthusiasts to join our growing community at Telegram channel @auxledger and participate in ongoing Pre-IEO Token Sale Round to gain additional incentivization before the start of XAL Initial Exchange Offering (IEO).

Buy XAL Now: https://tokensale.auxledger.org

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