AVXChange Releases First Demonstration Video of Our Beta Client Application (v0.42)

AVXChange Releases First Demonstration Video of Our Beta Client Application (v0.42)

AVXChange is proud to release the video demonstration of the current Beta platform and unveil the first glimpse of our Client Application. This demonstration was performed and documented by our QA team and shows how our application will work.

 

In line with the release of our demonstration video, the Beta application will be made available to the public next month. Our team is having an ongoing Beta testing which will be done in three phases to test stability, security, and scalability. The AVXChange team is working tirelessly to make this release possible and successful. This upcoming release is a major milestone, not only for us, but also for those who believe in our vision.

Core components of our Beta application included on the Beta release will be announced during the public Beta launch as well as limitations of the current Beta version.

 

Watch our Video Demonstration below or click the link: https://www.youtube.com/watch?v=xHUxL9HxLrw

AVXChange Launches Phase 2 of its Token Presale

AVXChange Launches Phase 2 of its Token Presale

AVXChange, a custom, incentive based, Peer to Peer (P2P) file sharing platform is pleased to announce Phase 2 of its ongoing Token Pre-sale. Phase 2 of Presale began on April 20, 2019, 08:00 (UTC+8). Phase 2 reduces minimum purchase to 1 ETH.

 

People wishing to purchase AVX tokens during the presale can NOW PURCHASE AVX tokens for the minimum purchase of only 1 ETH.  AVXChange offers 5%, 1,000,000,000 AVX (ERC20), of its total 20,000,000,000 AVX Token (AVX) supply to a private parties or general public via presale.
 

AVXChange launched first phase of its token presale March 25, 2019, 08:00 (UTC+8) which ended on April 19, 2019. During the first phase, each contributor was able to purchase a minimum of 36 ETH (4,800,000 AVX Tokens) worth of AVX Tokens at 150,000 ETH market cap. Within the first phase of its token sale, AVXChange has sold 144,000,000 AVX Tokens, each token valued at 0.0000075 ETH. AVXChange was able to raise a total of 1080 ETH in the first phase.
 

For the second phase, the remaining 856,000,000 AVX Tokens are to be sold at 0.00001125 ETH and the minimum purchase is reduced to 1 ETH (88,888.88888889 AVX Tokens). The total AVX Tokens have an increased market cap of 225,000 ETH, still 40% lower than planned IEO price. The second phase of AVXChange presale will end once the 856,000,000 AVX Tokens have been sold. By the time the second phase ends, a total of 9,360 ETH shall be raised, giving a new total amount of ETH to raise of 10,710 ETH.  People may go to the link https://avxchange.io/#buy-AVX-Token to purchase.

 
The total funds raised from these token sales will be used to advance and finalize the development of the AVXChange platform, to push through its marketing campaign, and for legal expenses.
 

The AVXChange IEO is planned to launch in the 3rd quarter of 2019 to coincide with official client application release. Since these presale tokens are ERC20, most existing ETH wallets will accommodate these tokens.

 
AVXChange started its platform development last year with the entire operation being self-funded. The primary goal was to provide potential investors a working product during token sale rather than just selling a pure concept. AVXChange is scheduled to release their beta application early next month.

For more information, please visit our website https://avxchange.io/ and message us at info@avxchange.io.

AVXChange Presale Update

AVXChange Presale Update

AVXChange is about to launch the Phase 2 of its ongoing Token Presale. Phase 2 of Presale will begin on April 20, 2019, 08:00 (UTC+8). Phase 2 reduces minimum purchase to 1 ETH.

 

AVXChange offers 5%, 1,000,000,000 AVX (ERC20), of its total 20,000,000,000 AVX Token (AVX) supply to a private party or general public via presale.

AVXChange has launched first phase of its token presale last March 25, 2019, 08:00 (UTC+8) which ended on April 19, 2019. During the first phase, each contributor was allowed to purchase a minimum of 36 ETH (4,800,000 AVX Tokens) worth of AVX Tokens at 150,000 ETH market cap. During the first phase of its token sale, AVXChange has sold 144,000,000 AVX Tokens, each token valued at 0.0000075 ETH. AVXChange was able to raise a total of 1080 ETH.

For the second phase, the remaining 856,000,000 AVX Tokens is sold at 0.00001125 ETH and the minimum purchase is reduced to 1 ETH (88,888.88888889 AVX Tokens). The total AVX Tokens have an increased market cap of 225,000 ETH, still 40% lower than planned IEO price. Second phase of AVXChange presale will end once the 856,000,000 AVX Tokens have been sold. By the time the second phase ends, a total of 9,360 ETH shall be raised, giving a new total amount of ETH to raise of 10,710 ETH.

The total funds raised from these token sales will be used to advance and finalize the development of the AVXChange platform, to push through its marketing campaign, and for legal.

IEO is set to launch on the 3rd quarter of 2019 to coincide with official client application release. Because these presale tokens are ERC20, most existing ETH wallets will accommodate these tokens.

AVXChange had already started its platform development last year and self-funded the entire operations before its token sale with the goal of offering its potential investors with a working product during token sale instead of just selling pure concept. AVXChange is scheduled to release their beta application early next month.

For more information, please visit our website https://avxchange.io/ and message us at info@avxchange.io.

Appointment of Specialized AVXChange Advisor

Appointment of Specialized AVXChange Advisor

AVXChange is pleased to announce a new advisor to the team. Mr Haw has joined the AVXChange team as a blockchain and business advisor. Mr. Haw works with founders of a few listed companies over a few decades. The listed companies annual turnover are in the hundreds of millions of dollars in revenue and helped to kickstart a few IPOs. He has exited as a C-suite member in one of its subsidiaries and is now a partner in a fintech company. Mr. Haw will use his experience in business, fintech and his connections across these industries to advise AVXChange on related matters.

We have conducted a small interview with Mr. Haw and talked about what made him join AVXChange, what makes it different from competing projects, and its real-world use case and benefits.

Here’s a transcript of our interview.

AVXChange: “Why did you first get interested in AVXChange?”

Haw: “As an observer and believer in transparency from enterprises, I had AVXChange on the top of my blockchain list as one of the few companies with a great team and real-use which is the sale of audio video entertainment products.”

AVXChange: “In your view, what makes AVX stand out from other blockchain projects?”

Haw: “With their encrypted, custom P2P file sharing platform and incentivized model within their ecosystem, the AVXChange application, DLT and native AVX tokens will be the new era in the digital entertainment world. Without incentivizing P2P file-sharing, systems can be counter-productive. What makes them even more unique is the fact they are using distributed ledger technology to run the application and their token. Basically they will have their own blockchain that will be run by community members and users. All will earn the AVX token for their role in the ecosystem.”

AVXChange: “How can IP owners and users both benefit from AVXChange?”

Haw: “AVXChange is a marketplace which incentives ground “actors” with the best of what blockchain technology and cryptocurrency can provide. Through AVX tokenomics within its own ecosystem, IP owners are given their fair share for their efforts in the entertainment industry. AVX token holders will also be crucial, as they will be rewarded for their participation in AVXChange. AVXChange will be next big thing in the blockchain and digital entertainment industries.

I am excited and honored to have the opportunity to advise and share ideas with the CEO Mr. Robert Enga and the COO Ryan Strasser on how best to make AVXChange a success. I am and will continue to give relevant and valuable advice based on my experience in blockchain and traditional business.”

To learn more about our project, you can read our Whitepaper here: AVXChange Whitepaper or you can check our explainer videos which explain the platform and the company’s vision for non-tech-savvy readers:

https://www.youtube.com/channel/UCMNhNStABYqIv4XoGZMiy1g

AVXChange: Leading the Distributed Entertainment Revolution

AVXChange: Leading the Distributed Entertainment Revolution

Introduction

AVXChange is the next evolutionary step in the current peer-to-peer (P2P) industry and is undeniably superior to traditional methods of file distribution, leading the way to the development of the first ever P2P file sharing platform that compensates intellectual property (IP) owners and incentivizes users by allowing them to earn for their role in distributing the product to market.

AVXChange, or Audio Video eXchange in its simplest form is a retail platform for audio and video entertainment. More specifically, AVXChange is a custom, incentive based, P2P file sharing platform designed for the exchange of audio and video media over the internet. AVXChange could further be described as a FinTech business established on the principles of Distributed Ledger Technology (DLT) set to revolutionize the distribution of entertainment over the internet.

The Need

The company’s goal is to address a need in the market to convert uncompensated P2P media file downloads into compensated media downloads by incentivizing P2P file sharing participants to purchase their files. Uncompensated downloads are when IP owners receive no compensation for their work being downloaded which are present on many existing P2P file sharing platforms.
AVXChange resolves the need for artists to have a fair, transparent market for their digital distribution, unlike current subscription models which only give artists pennies on the dollar for their works.
Through AVXChange, file sharing participants are incentivized to compensate IP owners by allowing those sharing the files to profit from their involvement in the distribution network, economically compensating them for the usage of their bandwidth, processing, and storage resources.

Technology

AVXChange is the evolution of P2P file sharing. Unlike other existing P2P file sharing applications, the AVXChange platform will be a distributed system using blockchain to eliminate centralized data points, thus increasing security and transparency as all nodes on the network will reach consensus on data and events.

The AVXChange network will be a custom built platform which includes the distributed ledger/database, cryptocurrency, a layered node network, a client application, and backend administrative application/interface. The ledger and cryptocurrency will be secured using cryptographic algorithms, blockchain type hashing, and custom consensus methods.

It will be powered by its own token running on its own proprietary network and blockchain. The AVXChange Token (AVX) will be the currency of the commerce on the network and may be exchanged for other cryptocurrencies at the given exchange rate at the time. AVX tokens will be earned by sharing media files as well as by acting as a node which supports the network infrastructure.
As the rate of technological advancement is rapidly increasing, along with the increasing popularity and advanced applications of blockchain and cryptocurrency among different industries, AVXChange has found a way to incorporate these revolutionary technologies into the current P2P file sharing with the goal of bringing the current P2P industry to the next level.
Unlike typical ICOs, AVXChange had already started its platform development last year and self-funded the entire operations before its token sale with the goal of offering its potential investors with a working product during token sale instead of just selling pure concept. AVXChange is set to launch their beta release this month and had started their ongoing token pre-sale last March 25, 2019.

If this is your first time reading about AVXChange and haven’t completely understood the project, you can check our explainer videos which explain the platform and the company’s vision for non-tech-savvy readers. Click the link to watch the videos:

https://www.youtube.com/channel/UCMNhNStABYqIv4XoGZMiy1g

You can buy AVX token by sending your ETH to the Smart Contract for our Crowdsale

Send your ETH Here:

0xEaABF053ccc68408D6960869b288d78c1f47f7F7

*Your ETH must come from a compatible ERC20 token wallet ONLY! NO EXCHANGE WALLET! Your corresponding AVX tokens will be automatically sent to your ETH wallet