Check out FAQs about azit Token’s
‘azit’ is a blockchain-based, point integration platform for real estate and residential services. ‘azit’ provides a service that allows users to conveniently use points as they see fit for residential services related to real estate or community facilities by integrating points that can be used anywhere.
Welcome to ‘azit’!
This article deals with frequently asked queries collected from our community. The answers will be based on azit’s current (as of Dec 2021) progress.
When will ‘azit’ be listed?
This might be the topic everyone is keeping their ears opened. When and on what exchange will ‘azit’ be listed. Unfortunately, as most of crypto fans know already, every project signs an Non-disclosure Agreement (aka NDA) with exchange platforms because it’s very important to keep sensitive information that can affect the price. It’s also hard for us not to give everyone a straightforward answer at the very moment.
Especially, second half of 2021 was a period for every blockchain project in Korea to keep an eye on the changing policy (aka ACT ON REPORTING AND USAGE OF SPECIFIC FINANCIAL TRANSACTION INFORMATION). We know how important listing and essential it is to list AZIT Token in a CEX/DEX, we are looking in many ways and contacting numerous places so be a little bit more patient. We’ll have good news to share soon!
Where can we use AZIT Tokens?
At an early stage AZIT Tokens can be used for real estate related services that ‘Dabang’, which is azit’s first partner, provides. Later on, other services will be added as new partners join our alliance, and currently there are companies that aren’t officially disclosed yet which we are closely co-working with. We’ll do our best to expand our ecosystem by gradually adding cleaning, laundry, house designing, pet, insurance etc. services.
Any plans for Token Sales?
Our first target region to service ‘azit’ is Korea, and currently domestic policy doesn’t allow ICO or any kind of public offerings. So, we only had room for seed and private investments.
Why choose Klaytn over Ethereum, Binance Smart Chain, other chains etc.
Klaytn’s processing speed is faster and takes way less GAS than Ethereum. This is especially important for ‘azit’ because the partnerships and interworking between app-related services must be quick. Further, considering accessibility for our users and expansion of partners we decided to work on Klaytn.
Also as we explained in detail why we used Klaytn on another article (Looking into the base of ‘azit’ — Klaytn), Klaytn is a hybrid model of both public and private chains.