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This month, a new cryptocurrency project called Axion Network will hit a major milestone: it will see its mainnet launch and go public. The reason it is so significant is that Axion represents a new generation of cryptocurrency. It is not a utility token or an attempt to replace fiat currencies. It is an investment vehicle aimed at one of the largest remaining untapped markets in the crypto world: traditional income investors.
Not just a cryptocurrency
It aims to attract both veterans investing in cryptocurrencies and traditional investors with a stable and reliable rate of return that is unheard of in all but the riskiest markets. It’s because Axion isn’t just a cryptocurrency. It is a fixed-term investment system specifically to generate a stable inflation curve and to combat volatility to protect investors’ capital and provide a high ROI.
If you follow the cryptocurrency market, you should know that its volatility is one of the main factors that prevent most tokens from reaching any kind of mainstream acceptance. At present, the only people who dare to delve into cryptocurrency investing are not afraid of losses (the very rich and very brave) or the true believers who invest because they are committed to what cryptocurrency stands for. For traditional investors, however, the thought of being blown away by a sudden sell-off is enough to keep them away.
But now Axion offers these investors an attractive new option. Think of it as the cryptographic equivalent of a certificate of deposit (CD) issued by a bank. In exchange for a fixed-term investment, the owners of the Axion cryptocurrency receive a base rate of return of 8%. With banking CDs fluctuating at an average rate of return of 1% or less, this is unheard of. And that’s just the beginning. Axion is built to generate income well above that base rate.
Mechanisms specifically built to curb volatility
The high returns are the result of Axion’s innovative new approach to crypto wealth generation. It contains mechanisms built specifically to curb volatility while creating a self-guided upward inflationary pressure on the price of Axion tokens. It achieves these goals by employing a high fee structure for early and late withdrawal, much like the early withdrawal penalty of a traditional CD, to discourage unexpected token sales and a smart daily auction system that transforms collected penalties into more value for all the others.
It is an approach that takes advantage of some of the main characteristics of the cryptocurrency market. One is the unique ability of cryptocurrencies to use smart contracts to automate and control market making functions. This is what allows Axion to auction off token penalties and then use 80% of the daily proceeds to perform a token repurchase from major exchanges with a program optimized to produce price gains without introducing instability. In addition, the auction system produces all the funding needed to manage, maintain and further develop the Axion network in the form of the remaining 20% of the auction proceeds.
Penalties to discourage flash sales
The other way Axion works to protect investors is that it doesn’t just rely on disincentives like penalties to discourage flash sales that would hurt value. It also implements a strong incentive system that makes it worthwhile for interested parties to stay all-in for the long haul. It does this by tapping a pool of Axion that has been set aside for free claim by the owners of a different investment called HEX limited to 10 million Axion tokens, as well as owners of the Axion precursor HEX2T to convert their holdings into the new coin a an unlimited rate of 1: 1.
Since the free claim and conversion process will not use all of the reserved Axion, the platform will reallocate the rest to reward investors who commit their capital for longer periods. The first 10% of the remaining pool will be split among investors when they complete their first year of staking. Then, the distribution will increase by 5% each year until Axion’s fifth year of business for those who are stuck for the duration.
For investors, it’s free money above and beyond their 8% inflationary reward, plus a stabilizing force that should keep Axion on course as it establishes itself as a reliable long-term profitable investment system. And this is, after all, the endgame Axion is aiming for.
A value proposition that no investor can afford to ignore
This is what sets Axion apart from other crypto investments: the fact that it has a good chance of attracting new investors who may have been reluctant to try their hand at the cryptocurrency market before. It offers everything traditional investors have come to expect from income-producing investment vehicles and does so at a rate of return that hasn’t been available to them for decades. Together this should make Axion a value proposition that no investor can afford to ignore.
This also means it has the ability to grow even faster and stronger than most crypto projects can ever hope to match. He’s a true pioneer in so many ways it’s hard to pick one that makes him so extraordinary. And for those who get in early, it’s an opportunity to be part of the future of income investing while using the staking rewards system to boost their returns.
It is not often that the cryptocurrency market witnesses the birth of a project that is a true innovation with serious resistance, but Axion Network has what it takes to revolutionize its market segment. And it will gain many new believers once it starts proving its worth as a reliable long-term source of income. And you can take it to the bank.
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Image credits: Shutterstock, Pixabay, Wiki Commons
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