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The concept of AX1 is to give token holders the chance to profit from the mining of various cryptocurrencies without the need for any technical knowledge. AX1 token holders are effectively buying a stake in a centralised mining pool, managed from a state-of-the-art data centre. With AX1, we are offering token holders the chance to participate in a managed mining operation and enjoy capital appreciation via contractually guaranteed economic rights in the portfolio of mined coins.

After deduction of any costs and liabilities incurred by the issuer, at least fifty percent of the value of the mined coins will be placed in a segregated account in order to asset back the AX1 Tokens. Under this arrangement, the Issuer will have NO further entitlement to withdraw, or otherwise use for any purpose of the issuer, ANY of the assets of this segregated account: its value therefore provides a solid basis for the perpetual asset-backing of the AX1 token and peace of mind to AX1 token holders that the Tokens are a true and verifiable store of value.

The assets held in the segregated account, though off limits to the Issuer will not just languish, however, but continue to be advised upon by the Investment Advisory committee and therefore could be deployed in Proof of Stake activities and or by being traded as part of exchange operations to the increased value of the token holders. The segregated account will even be audited on a quarterly basis to provide yet more confidence to token holders with the results posted onto our online portal for review.
7.4
TOTAL SCORE
7.7
ICO PROFILE

(weight: 35%)

8
SOCIAL ACTIVITY

(weight: 30%)

8
TEAM PROOF

(weight: 20%)

5
DOMAIN SCORE

(weight: 15%)

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General
Website: Visit
White paper: Read
ICO Time: 16 Apr 2018 - 11 June 2018
Whitelist/KYC: Whitelist + KYC
Country: Jersey
Token info
Ticker: AX1
Platform: Ethereum
Token Type: ERC20
Available for sale: 22,222,222 AX1 (90%)
Financial
ICO Price: 1 AX1 = 0.80 USD
Accepting: ETH
Soft cap: 1,250,000 AX1
Hard cap: 22,222,222 AX1

Alexa Rank

Feb 2017
Start to develop concept & design token.
April 2017
Secure £10m UK data centre.
Sept 2017
Commence Whitepaper.
April 2018
AX1’s ICO launches.
June 2018
Build second mining centre.
Q3 2018
Start mining.
Q3-Q4 2018
Additional development resource acquired.
Q4 2018
Develop mining portal.
Screenshots taken 1 Apr 2018
Stuart Anderson
CEO
Mark Shaw
Director of Product
Lucy Cartledge
Director of Operations
Carlo Martinengo
Director
Frode Ascham
Principal Mining Consultant
Jack Pickering
Ethereum Developer
Jonathan Penn
Creative Director
Galin Devev
Full Stack Developer
Wilson Manase
Head of Digital
James Anderson
Data Administrator

Advisors (8)

Malcolm Cauchi
Ex Saxo Bank & Targo (Crypto) Exchange
Charlie Pickering
Chief Technical Officer
Nicholas Penn
Auditor
Jesse Johal
Analyst
Nicki Hinton-Jones
Investment Manager
Martin Vaughan
Regulated Alternative Investment Manager
Bartholomew Gold
Digital Lawyer
Deborah Wade
Finance Director
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