We pride ourselves on transparency and credibility, and in that spirit, we wanted to give everyone an update on our progress over the last month.
Dear community,
Another busy month! Lots are happening, and here’s a quick recap on what the AXIS team has been up to over the course of October.
NEW STRATEGIC INVESTOR
We’re very excited to welcome Eric Gu as our newest strategic investor!
Eric is the founder of Metaverse and the co-founder of ViewFin, and brings a wealth of knowledge in building blockchain communities, especially in the Asian market.
Welcome Eric! We can’t wait to carry out the AXIS vision with you.
COMMUNITY AMA (ASK ME ANYTHING)
This month, our cofounder Maggie Xu also engaged in an AMA (Ask Me Anything) with the RightBTC community. This was the first voice-to-text AMA we’ve done. A fun hour where we covered our vision for AXIS, the project roadmap and how we’re planning to build a DeFi economy around NFT (Non-Fungible Tokens).
Proud to announce…This AMA was shared with 100+ WeChat groups with 50,000+ listeners 🔥
LISTING ON RIGHTBTC EXCHANGE
In addition to our listing on some of the biggest global crypto exchanges: Gate, Bithumb Global and BKEX along with Uniswap, the leading decentralized exchange, AXIS has just listed on RightBTC.
This news was shared on some major Chinese media companies, with over 100,000 impressions!
LOOKING AT THE “NFT” SPACE
As the crypto world fusses over DeFi and Bitcoin, another class of digital assets have been gaining massive tractions: NFT, or Non-Fungible Tokens.
Unlike Bitcoin or most other cryptocurrencies, NFT is a special type of cryptocurrency that is unique in nature.
This creates “digital scarcity”. As the world is going more digital, everything digital can be put on blockchain to instill trust in the sale transaction.
This makes them a great candidate for asset classes like art, collectibles, and in-game assets (some even say real estate)!
The NFT market size is projected to grow to $315M in 2020. Current NFT marketplaces require the users to already have a cryptocurrency wallet to access the platforms, and the prices are shown in $ETH instead of $USD. These are HUGE barriers to entry for both creators and collectors to access the marketplace.
The AXIS team has been looking at this new wild opportunity. It is extremely interested to capture this NFT market with a DeFi-powered economy, where individuals can lease or borrow against their NFT asset in addition to their other cryptocurrencies.
Lots of new and exciting technology happening here, ain’t it? :) We’ll share more on what we’re thinking in this space next month!
VOTE TO GET LISTED ON GENE.FINANCE
Last but not least, to capture the spirit of DeFi, we are looking to get listed as the next liquidity pool on Gene.finance. Would appreciate your vote for AXIS!
👉🏻Vote here: https://bit.ly/3kHi1RJ
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