Home Coins Auxilium (AUX) New AUXL token powering Auxilium Loyalty Platform (AUX up 1393% previous eight...

New AUXL token powering Auxilium Loyalty Platform (AUX up 1393% previous eight months) | by Auxilium World | Aug, 2020

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Auxilium Global

The philanthropic cryptocurrency firm Auxilium World launched the Auxilium blockchain mid 2018, and created the Auxilium (AUX) coin. This cryptocurrency and blockchain has numerous benefits over conventional PoW and PoS cash and tokens.

Take a look at this web page to search out out about these benefits: https://auxilium.global/advantages-of-innovation/

AUX climbing the ranks
AUX coin has seen a 1393% value improve previously eight months, of which 218% previously two weeks in keeping with many important growth updates (e.g. AUX IEO on Asian XT alternate, announcement of the AUXL token and Auxilium Loyalty Platform, IEO of AUXL token, and lots of extra). AUX coin could be traded right here: https://mercatox.com/exchange/AUX/BTC
The quick time period roadmap, and hyperlinks to final weeks publications, could be discovered right here: https://medium.com/@auxiliumglobal/auxilium-aux-short-term-roadmap-418c458c0d02

Fixed deal with sturdy fundamentals seems to repay
From the beginning Auxilium World deliberate to construct a powerful ecosystem with actual world use circumstances, together with constructing a bridge between the blockchain and the non-blockchain world and utilizing a part of the corporate income to provide again to the world (e.g. donate to charity, begin philanthropic actions). In our imaginative and prescient mass adoption doesn’t come from focussing on alternate listings (sure, we’re conscious it’s vital to be listed on giant alternate for optimum publicity), however slightly comes from sturdy fundamentals; a powerful steadiness between expertise, enterprise and use circumstances with use inside and outdoors the crypto neighborhood.

We’re simply getting began
The Auxilium Loyalty Platform is our first use case, and it’s a large one! In interplay with the AUX coin and Auxilium blockchain a brand new token with ticker AUXL will energy the loyalty platform. The Auxilium Loyalty Platform combines incomes, spending and sharing, for AUX holders, Auxilium World and third-party corporations, by integrating and mixing numerous utility on one platform. On this article we’ll principally make clear the fundamentals from a person/AUX holder perspective. The Auxilium Loyalty Platform is not going to be restricted in any respect. We envision it increasing right into a crowdfunding platform, third-party firm resolution, ICO platform, and so on. We’ll go into this in additional depth within the AUXL white paper which will likely be revealed later this yr.

For now let’s deal with the AUXL token and Auxilium Loyalty Platform.

The AUXL token
All AUX holders who maintain a minimal of 1,000 AUX cash on the first October 2020, and maintain AUX on a non-exchange (simply to verify, don’t maintain the AUX on the alternate) pockets just like the desktop (Home windows, MacOS or Linux) pockets, a paper pockets or on the Trezor {hardware} pockets will obtain 1 AUXL token for each 1 AUX coin they maintain. For example: in case you maintain 1,000 AUX you’ll obtain 1,000 AUXL free of charge to thanks to your loyalty to the Auxilium World mission. The identical will likely be achieved once we create new tokens sooner or later to increase and energy our ecosystem.

The AUXL IEO value of the token will likely be calculated based mostly on the AUX coin value and anticipated workload. We’ll be operating promotions in August with an estimated AUXL value of 0,01–0,02 USD per AUXL. This implies we anticipate AUX to be a multiplier of that value by November 2020 once we hope to conduct the AUXL IEO.

The Auxilium Loyalty Platform
Incomes AUXL

The Auxilium Loyalty Platform
Membership ranges

Everybody holding 2,500 AUX or extra can change into a member on the loyalty platform free of charge, just by holding AUX on the verified pockets tackle. The extra AUX you maintain, the upper the membership degree you can be assigned. There are 4 ranges: fundamental, silver, gold and palladium. The palladium degree is the very best degree and offers you probably the most benefits.

Focussing on the incomes of AUXL on the platform the palladium membership offers you 200% (2X greater than a fundamental member) rewards for performing duties on the platform.

Moreover you’ll obtain the (digital) Auxilium Palladium Card free of charge. This card provides you full entry to {the marketplace}; the spending of AUXL on the platform. The primary 10,000 pre-registered members on the loyalty platform will get upgraded to the palladium degree! Freed from cost. The one factor we ask is to carry a minimal of two,500 AUX.

Pre-registration web page will launch second week of August 2020.

The Auxilium Loyalty Platform

Customers of the loyalty platform will mechanically be registered on three completely different leaderboards: duties, referrals and charity. Respectively the leaderboard counts the AUXL earned via duties, referrals and the quantity of AUXL donated to charity by the person. The customers will battle their option to the highest. The highest customers will get rewarded in AUX on the finish of each month. A nonetheless to be decided proportion of all loyalty platform income go on to charity.

{The marketplace}

Incomes AUXL, and buying and selling it on an alternate is enjoyable, however truly swapping your AUXL for large reductions and even free services is manner higher! {The marketplace} permits retailers throughout the globe, each blockchain, and non-blockchain, too freely (paid premium providers may also be made out there) promote their particular offers for members of the loyalty platform. Silver, gold and palladium members have entry to {the marketplace}. The upper the membership degree (the extra AUX they maintain) the higher the offers change into. Customers swap AUXL to activate their favourite offers. We’ve already received some retailers pre-listed!

Lifetime reductions
Apart from {the marketplace}, with particular offers, corporations can record themselves for the lifetime low cost possibility to supply a typical proportion low cost to Auxilium card holders. Firms will likely be verified and listed providing Auxilium card holders native and international reductions; profiting additional from their membership on the Auxilium Loyalty Platform.

Enterprise partnerships
There will likely be numerous customized enterprise options attracting new sellers/retailers to {the marketplace}. Extra about that facet of the story in one other publication. We’re sure many companies will discover our platform engaging. We even have three pre-listed (must be made official) corporations already!

Enterprise integration
The identical blockchain enterprise options supplied on the Auxilium Loyalty Platform will likely be out there for integration on excisting loyalty platforms. We have already got companies in thoughts that might profit extremely from our loyalty platform system. In fact these are actions we’ll undertake as soon as our personal product is up and operating.

Video with co-founder and CEO
Subsequent week (week of three–9 August) Anton Donker, co-founder and CEO of Auxilium World, will take the time to elucidate a bit extra about AUXL and the Auxilium Loyalty Platform. This video will likely be uploaded on our youtube channel. We’ll after all announce it on our common social media channels as soon as this video is stay.

We hope you loved studying this publication.
We definitely are enthusiastic about current developments!

Don’t neglect to share our social media posts and maintain on to your AUX!
#AUX #Auxilium $AUX all the way in which! 😉

The web site

AUX whitepaper

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Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
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