AVXChange Joins BIT Tour 2019

AVXChange Joins BIT Tour 2019

AVXChange is taking part in the second annual Blockchain Innovation Tour (BIT), bringing together Southeast Asian leading local investors, exchanges, media, and local blockchain communities.

The BIT roadshow toured Thailand and the Philippines from April 25th-28th, 2019 and will have an event in Vietnam on May 5th, 2019. This is the first time AVXChange participated in the annual Blockchain Innovation Tour, hosted by Asia Token Fund, with the aim of creating awareness and increasing product knowledge regarding the AVXChange platform as well as networking with business leaders and presenting opportunities to the investment community in Asia.

 

Last stop for the BIT Series 2 will be in Ho Chi Minh City, Vietnam this coming May 5th, 2019. The COO of AVXChange, Ryan Strasser will be attending together with CTO, Mr. Manansala. They will be doing another presentation of the AVXChange platform with the goal of attracting new investors and introducing the local tech community to our platform.

Most recent event we’ve attended was the BIT Philippines (April 28th, 2019) at Okada Manila, where AVXChange had its first public presentation by our CEO, Robert Enga, and was also attended by CTO, Dave Manansala. Our CEO, Robert Enga was pleased to be presenting in the Philippines where development is primarily done. Local Filipino crypto press also held a media conference where he was able to discuss and promote AVXChange.

 

First stop was in Bangkok, Thailand (April 25th, 2019) at the Thai CC Tower where AVXChange CTO, Mark Dave Manansala made the first ever public presentation of our project.

Through a dedicated presentation, AVXChange addressed some of the biggest issues and needs that are often neglected within the media and entertainment industry such as:

Lack of single source of media files. Current options for media downloads on the internet are dominated by a handful of players with exclusive content which requires consumers to have several accounts with the various retailers such as Netflix, Amazon, Google, etc. Not to mention that not all of these services are available in every country and the media files are often burdened by limiting Digital Rights Management (DRM) restrictions.
Difficulty in purchasing the files. Often, the methods of payment are cumbersome with some payment methods from certain financial institutions or regions left unable to participate in the traditional marketplace.
Loss of revenue among intellectual property owners. IP owners are losing revenue because of the existence of current uncompensated P2P file sharing applications as well as current compensated options for audio and video downloads on the internet, wherein, the rightful owners of the content don’t get enough compensation while others don’t get any compensation at all for their works.

 

AVXChange, a custom, incentive-based, Peer to Peer (P2P) file sharing platform designed for the exchange of audio and video media over the internet solves these issues by:

Creating a single platform that will allow the users to purchase any file or content they want through a single interface that will be available in any country, allowing the users to get whatever content they want, whenever they want, wherever they are.

AVXChange solves the second problem by using cryptocurrency as a method of payment. AVXChange has its own cryptocurrency called the AVXChange Token (AVX) and it will be the currency of the commerce on the network which will facilitate quick and seamless cross border, global internet-based transactions. AVXChange uses the principles of blockchain/distributed ledger technologies to eliminate centralized data points, thus increasing security and transparency as all nodes on the network will reach consensus on data and events.

AVXChange offers a solution to the most common, but often neglected issue in the entertainment industry, which is the loss of revenue among intellectual property owners, by incentivizing the file sharing participants or content distributors to compensate IP owners by allowing those sharing the files to profit from their involvement in the distribution network. Imagine a file sharing program with a polished interface and transaction mechanism which allows users to compensate intellectual property (IP) owners and incentivizes users by allowing them to earn for their role in distributing the product to market.

To conclude, the AVXChange team greatly enjoyed being a part of the BIT Tour and we are pleased to have been able to connect and meet with more members of the Asian blockchain community. We are proud that the AVXChange team was successful at creating awareness with a pool of investors and tech enthusiasts about our AVXChange P2P file sharing platform and sharing our vision of bringing the next evolutionary step in the P2P industry.

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 Beta Launch Update

AVXChange Beta Launch Update

After months of silent and hard work, AVXChange is very excited to announce that we are getting closer to our Beta release.

AVXChange is a distributed peer-to-peer (P2P) file sharing platform with elements of blockchain and cryptocurrency which is designed for the exchange of audio and video entertainment that is set to revolutionize the distribution of proprietary data over the internet.

Early last month, we were able to release our Alpha prototype. The Alpha contains all the main features of the AVXChange Platform that strongly resembles the Beta Application and was tested by AVXChange’s QA team which helped us identify bugs and other features that need improvement. After the first release, our team has been working on fixing those bugs and making improvements on the application and focused on the development for the Beta release. The upcoming Beta Testing will be conducted in three phases to test stability, security, and scalability. Core components of our AVXChange Application included on the Beta release will be announced during the actual Beta launch as well as limitations of the current Beta version.

Stability Testing

The first phase during the Beta testing which aims to stress the software to its maximum capacity and determine its efficiency beyond its normal operational capacity. Stability testing involves exercising the system with heavy users and measuring its performance parameters to verify whether the system will be able to support the anticipated load or not. This will help us evaluate how well our system performs under normal loads as well as with large volumes of data and help the users or the testers to understand how our system works in real-life situations.

Security Testing

This is done to ensure that the software is free from any vulnerabilities and risks that may cause big damage or loss. Security testing aims to find all possible weaknesses and system loopholes to uncover vulnerabilities of the system and determine that its data and resources are protected from possible intruders. While we aim to identify all possible security risks and to check all areas, our main areas of focus include: network security (to check vulnerabilities in the network infrastructure), software security (to assess various software weaknesses), client-side application security (to ensure that the client is in control and cannot be manipulated), and server-side security (to ensure that server codes and its technologies are solid enough to withstand any intrusion).

Scalability Testing

Scalability testing is done to evaluate the capability and the efficiency of the system to continue to function well regardless of the changes in the volume of data being processed and test the ability of the network to meet a growing need. Scalability testing is important to measure at what point the system stops scaling, identify what causes it, and come up with the best solution for scalability. While the entire blockchain ecosystem has evolved a lot over the last few years, one of the hurdles for its adoption is scalability. Scalability has been a big challenge for the entire blockchain community and with AVXChange running on its purpose built, custom distributed platform, we believe that we have the advantage to build an efficient and scalable system because of our multi-layered and multi-ledger approach.
As opposed to other 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 determined to make this Beta release happen. We believe that our platform will bring the current P2P file sharing to the next level by compensating IP owners, rewarding sharing, and will further the Distributed Ledger movement by providing meaningful real world uses of the technology. This upcoming release is a major milestone, not only for us, but also for those who believe in our vision. We will be releasing video demonstrations on our website as soon as the Beta is released.

If this is your first time visiting our page and haven’t completely understood our project, we recommend that you begin by checking out our explainer videos which explain our platform and our vision for non-tech-savvy readers. Click the link for our explainer video:


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