LBank AMA Recap with AXL
AXL AMA RECAP
First I want to thanks Lbank for hosting me here
Asser Fawzi, Founder/Ceo of AXL INU, I have 6+ years experience in trading, angel investor in multiple Fintech and BlockChain related projects. as crypto and technology are my biggest passions.
First five AMA Questions (First Part):
Currently most investors only care about profits at the moment but ignore the long-term benefits. So can you give them some reasons why they should buy and hold your token in the long term?
AXL Platform will go live with LaunchPad and it’s not just any LaunchPad, and 2 staking programs Fixed and Flexible With Mid to High APR return. AXL LaunchPad will be able to adapt with any token as a Tier Token, And the Holders of AXL will be able to participate in the early-stage IDO’s, AXL INU is Partnered with NFTb and We have an extended RoadMap till Mid 2023 WIth a fully Decentralized Ecosystem.
All project coins have their main utilities & real-life use case! So, can you tell us the main role of your coin in your ecosystem?
Our EcoSystem is big and has too manu features so for now I can mention AXL utilities in the coming 2 months
- — IDO Participating
- Boosting for the Loan&Borrow Interest
more utilities will be added as long as we follow our roadmap
What social network does your community focus on, how do they know about your project? I want to join the community, where can I find it?
Our community focuses on different social media like Twitter, Telegram , Reddit, and Discord.
And of course for who loves to read more about AXL INU Ecosystem: https://axltoken.medium.com/
What is the future plan of your project?
For the short term we are bringing Staking Program, Launchpad, Activities, and Kickstarter Program, AXL NFT collection, and Lend&Borrow.
For the long term we aim to Launch a Decentralized Exchange with $AXLs as a reward token for it.
Staking Program will support AXL and NFTb as a beginning with 10 Staking Pools. 8 Fixed, and 2 Flexible.
We are bringing our LaunchPad so that many projects can use our platform to launch their IDO.
We have Kickstarter Program that will help New startups after passing a due diligence, to raise up to 30K in a Private Round. Each participant will be able to buy up to 50$. With total 600 users.
What is the problem we are solving?
Most new project ideas have no liquidity to start so they fail before they even get launched.
Also we are bringing the Activities Program for projects owners we will allow different projects to raise up to 300K worth of tokens at a discounted price, With a lottery for winning a prize in the form of tokens. Each participant will be able to take up to 150$.
This will help push the project for further development, raising non-initial funds, and increase exposure for projects.
What advantages does this project have to convince me?
I think we have a ton of advantage 😆 AXL LaunchPad is easy to adapt with any Token to be the Tier system token, AXL is audited by Certik and Fairyproof, All our Fixed Staking Pools Participators are eligible to Participate in the IDO’s Events. We raised more than 2.1M$ In our Pre-sale and actually it’s a big sign of trust. AXL covered 14,000,000$ in form of BNB to be used as a Liquidity for the Platform and we operate over BSC and ETH Chain
Selected five Questions with Answers from the Telegram community (Second Part):
I want to support your project, Tell us more about the Ambassador Program and in what ways can we participate ?
We are launching our Ambassadors program in Feb-22 Keep eye on our Twitter
Do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?
We have already burned 30% and there’s more 20% scheduled to be burned
Your project name seems to be very interesting. Does it have any story behind it? Can you share us with the inspiron for approaching to this name?
We wanted to create an ecosystem that provided a seamless and easy experience providing all our services and more opportunities for our community, building it together and stronger. In AXL INU we are looking to solve real-life problems for small projects.
Do you have any Bug Bounty to check for weakness? In what way do you plan to make Your project more complete??
After the launch of our platform “11-Jan” we will have the bug bounty program. Everyone will be able to participate over a form on our website
Most of users are still not aware with Blockchain & its related projects ! So, How Your Project platform create awareness about their project with NON-CRYPTO users too?
Actually our Long term marketing campaign focus on targeting non crypto users.