Hello everyone,
I set up a small ICO blog site at http://icoinlab.info and posting the same content there as well. The website also features some of my crypto technical analysis from www.tradingview.com. The article below was first published on http://icoinlab.info .
It is difficult to discover blockchain companies with an industrial solution. Most of the recent ICOs consist of only a team, a whitepaper, and a roadmap. With the boom in ICOs in 2018, strong teams with working products should always be on your radar. Today, I would like you to introduce you to a company with a strong team, an operational platform, and clients. The project is called aXpire. They held a presale in last January and reached their 20 m USD hard cap within 89 hours. The ERC20 and ERC223 compliant tokens can be purchased and traded on Hitbtc, Kucoin and IDEX and the current price is close to presale price, which was 0,07 USD per token (whitepaper pg.11). See below for market cap information.
Price Chart of aXpire
https://invst.ly/7ewrx
aXpire aims to help businesses to reduce waste and improve profitability. The main focus is on offering a spend management platform through blockchain technology, supported by machine learning to provide better decision making in services marketplace.
aXpire will target asset managers and fund administrators at banks, hedge funds, private equity firms and other financial institutions to help reduce the excess time and fund spending on expense management of each fund. After this spend management service for financial institutions, aXpire will expand its services to other industries such as travel & leisure, healthcare, and food & beverage. The Software as a Service (SaaS) model will help to remove manual processing in expense management. On top of the asset management, the platform will contribute to the allocation of expenses across departments in a company, providing an ERP solution to mid and back-office expense management.
The aXpire applications will create seamless, digital connections across all key functional departments and stakeholders, including:
#####Partners
aXpire partners include R3 and Corda, successful blockchain software builders, who have vast experience in building blockchains for large enterprises, such as Deutsche Börse, Credit Suisse, Accenture, Bain & Company, Cognizant, KPMG, Hewlett Packard, Intel, and Microsoft. Microsoft also partners with aXpire for utilizing Power BI platform. aXpire is also a member of the Enterprise Ethereum Alliance.
#####Clients
aXpire is a spin-off from LSG, LLC, a leading ISO 9001:2015 and ISO 27001:2013 software application and business process outsourcing company with a global network of offices in Europe, North America and Asia-Pacific. The company has a history of working with Fortune 500 and “household name” clients, such as Nike, Coca-Cola, and the NFL. aXpire’s first client is a hedge fund with 24 bn USD funds available under asset management (whitepaper pg 4)
#####Advisors
The project is supported by an amazing group of advisors but I would like to point out three key advisors.
Roger Ver (
Struan Mckenzie (https://www.linkedin.com/in/struan-mckenzie-b460118/) Chief Operating Officer of NOBU Hotels.
Shingo Lavine (https://www.linkedin.com/in/shingo-lavine/) Founder and CEO of Ethos.io.
I usually introduce ICOs but I believe the company has huge potential and there is a current opportunity to buy the tokens at ICO prices. Now the facts of the project:
####Domain Registration – Date ; Name
Creation Date: 2017-11-20T16:17:58Z
Registry Expiry Date: 2018-11-20T16:17:58Z
Registrar Abuse Contact Phone: +1.4806242505
Registrant Name: Registration Private
Registrant Organization: Domains By Proxy, LLC
Source: https://hypestat.com/info/axpire.io
####Corporate Information – Date Of Incorporation, City Of Incorporation Etc.
Parent Company: LSG (US) LLC. (Web site: http://www.LSG.com )
Status: Active
Incorporation Date: 2005
Company Type: Limited Liability Company
Jurisdiction: USA
Registered Address: 80 Broad Street, New York, US
aXpire: aXpire LLC, Delaware, 2017.
Registered Address: Sames as above:
https://www.crunchbase.com/organization/axpire#section-twitter
CEO, CTO, Chief Blockchain Developer – Number Of Followers On Linkedin – Twitter – Date Of Joining To Social Media
CEO – Gary R Markham
Linkedin: https://www.linkedin.com/in/gary-r-markham-65ab64a/
Followers: 4.049
Twitter: N/A
Instagram: N/A
Program Director – Philip Knight
Linkedin: https://www.linkedin.com/in/philip-knight-94b45a14/
Followers: 127
Twitter: N/A
Instagram: N/A
Lead Blockchain Developer – Sojanlal PS
Linkedin: https://www.linkedin.com/in/sojanlal-ps-8971002b/
Followers: N/A
Twitter: N/A
Instagram: N/A
####Price Offering At The Time Of Post, Total Market Cap At The Time Of ICO.
Name: aXpire (AXP)
Hard Cap: 20.000.000 USD (pg 12 of Whitepaper)
Exchange: 1 AXP = 0.1 USD
Presale Bonus: 1 AXP = 0.07 USD
Min Purchase: 0.1 ETH / 0.01 BTC
####The breakdown of token allocation is as follows (whitepaper pg 37):
Token Generation Event – 262,500,000 AXP (up to 75% – all sold)
Advisors and Developers – 35,000,000 AXP (10% – Locked up for 1 year)
Reserve – 35,000,000 AXP (10%)
Bug Bounty – 17,500,000 AXP (5%)
####Inflation Rate Per Year / Tokens To Be Burnt Over Years
AXP will also be used in our P2P application, MatchBX, as a means to budget and pay for services. There will be a small fee associated with each transaction, which will take the form of AXP. This transactional AXP will follow a “burn” function, and will be removed from the total supply, increasing the utility value of each token (whitepaper pg.11)
####Number Of People In Telegram Channel ; Number Of Twitter Followers
Telegram 7,937 https://t.me/AxpireOfficial members, @aXpire_official https://twitter.com/aXpire_official 6,216 followers
####Word Cloud Of White Paper
As always DYOR and be safe.
Happy Investing,
Q.
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