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Auxano and FJT tokens are in the spotlight. Why’s that?

Started by PocketOption, Sep 06, 2022, 07:29 pm

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PocketOption

Auxano and FJT tokens are in the spotlight. Why's that?

Auxano and FJT tokens are in the spotlight. Why's that?

Auxano and FJT tokens are in the spotlight. Why's that?


 


Auxano is one of the first cryptos worldwide to offer SEED for financial freedom. It will provide users with business support to help them achieve their goals. The company will work through Cluster Funding of Businesses. The latter is a major driver of the token's use cases. However, Auxano will have Equity Ownership in every business it funds.


The company launched its hot native utility token on July 1, 2022. The sale will end on September 30, 2022. Currently, 1 AUXN is trading for 0.002 USD, but its value will increase over time. The total supply of tokens is 100,000,000,000,000, but only some percentage is available at this stage. The platform accepts ETH, LTC, BSC, USDT, BNB, and BUSD in exchange for its coins.


According to the Auxano team, the unemployment market offers the largest number of customers. Misguided young people may become part of terrorism and war, playing in the hands of dictators. However, if the world offers them good opportunities, they will return the favor tenfold. There are numerous talents ripe for picking, and they only need support to achieve success. Auxano aims to provide it.


The company stated that Africa has many youths full of great skills and business ideas. They have the potential to change the world, but their major limitation is no access to the necessary funds to help make their projects a reality. The Auxano team wants to change that, and thus, it decided to create an AUXN token.


 


Why is the AUXN token important? 


According to surveys, 16% of the world population is between the ages of 10 and 19, while 65% are youths between the ages of 15 and 64. 90% of these people live in developing countries. World Bank staff estimates that more than 65% of them are unemployed.


And most of them live in Africa. Young people have to overcome many obstacles to get quality financial support through loans and grants to fund their businesses and projects. That's due to the strict government policies in the region. On the other hand, such restrictions caused a rise in the crime rate, as well as violence and poverty.


The average youth can't access a loan because of the numerous documentation and requirements, along with the very short repayment duration, high interest rates, and skyrocketing origination fees. But that won't be an issue much longer, thanks to the Auxano token. The latter will fund young African businesses with cryptocurrencies, specifically with the AUXN token.


Young people will only need to buy this token. Its holders will automatically become qualified for a grant or a loan. The company will decide which one to offer depending on the type and nature of the user's project. After making a decision, the platform will complete the transaction in minutes. But the business or project will have to accept AUXN from the public after it gets the funding. The token may become a means of payment for goods and services. But such an exchange will increase its utility as well as value. It will also provide returns for early investors and holders.


Moreover, the team decided to employ the SEED principle to guarantee the success of the projects and businesses that the platform funds. Consequently, early investors can be sure that their funds are safe.


 


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