Axia is a new blockchain platform that is the first hyper deflationary blockchain. This platform also provides a superior economic model through its hyper deflationary design. Building on top of legacy blockchains, Axia delivers unprecedented global accessibility, speeds up transactions, and reduces energy consumption. The Proof of Participation (PoP) consensus on Axia decreases the energy consumption of each user, using 246,309 times less energy than Ethereum and 1,278,244 times less energy than Bitcoin. Axia plans to launch several applications on the network, including an NFT platform called Axclusive, in the near future.
—
Welcome Back to a New Cryptocurrency Video
Welcome back everybody to a brand new cryptocurrency video, my name is Moonlight. Thank you all so much for watching today’s video.
Don’t Miss Any Daily Uploads – Hit that Subscribe Button!
Now before I get started, here you guys, if you are new to my channel, make sure like always hit that subscribe button down below so you don’t miss any of my daily uploads. Also, don’t forget to leave a like on the way out if you do enjoy this video and let me know your thoughts and pieces down below in the comment section regarding today’s project as well as a whole actual network in it of itself.
Introducing Axia: The First Ever Hyper Deflationary Blockchain
This particular video is going to be discussing an actual blockchain itself, that is right, an actual network with their own actual utility and native token out currently. And currently, it is one of the first hyper deflationary blockchains out in the world. Basically, as time goes by, this actual total supply of the actual native token decreases over time creating that scarcity effect and creating that price demand and obviously, you’re ever an ever-increasing price floor.
Axia: A Platform That Looks Really Well Done
Also, this is a platform that actually looks really well done, like they’ve actually put a lot of time and effort into it. There’s a lot going into this project, you guys, and I want to call it a project but I should be calling it a blockchain because that’s exactly what it is. You’re gonna understand as you go throughout the actual details of this platform, as well as I do have some news articles pulled up also because they’ve been getting a lot of headways and press releases and so forth.
The Most Inclusive Decentralized Blockchain to Date
Axia is the most inclusive decentralized blockchain to date. It is scalable, fast, and interoperable with unmatched economics that can benefit or people around the world.
Potential Growth of Axia
The reason why I think this platform and this blockchain itself, Axia in general, could do very well is because obviously blockchain in it of itself is a massive rate. It’s something that you definitely could think has a billion-dollar market cap or more especially when you take a look at Solano, Ethereum May Net, the Binance Smart Chain, and the main three in my opinion. You even have the Avalanche network as well and a bunch of others that are all in the billions of dollars in market cap. Crypto is only ever going to increase, and I think this is actually an early project in my opinion that could potentially be huge.
Axianomics: Innovation and Sustainability
Axia is providing some of the unique things that make them stand out in my opinion. Providing superior economic model through its hyper deflationary design, eliminating congestion to speed up transactions, low fees as well, but addressing the challenges of interoperability between blockchains, delivering unprecedented global accessibility that enables anyone with an internet-connected electronic device to participate in the network consensus, not to mention reducing energy consumption as well.
The Proof of Participation Protocol (POP)
Axia is delivering a greener future to blockchain by introducing its innovative proof of participation (POP) consensus. This POP model is designed to decrease the energy consumption of each user. The Axia network itself uses 246,309 times less energy than Ethereum and on average, 1.2 million times less than Bitcoin.
Axia’s Low Fees
The hyper deflationary design results in gas fees on Axia approximately 0.001 USD per transaction, costing significantly less than on legacy blockchains like Bitcoin.
Axia’s Planned Launches This Year
Axia plans to launch the following applications in the network this year:
- AxChange – A decentralized exchange
- AxWay – A cross-chain bridge
- AxLend – A decentralized lending protocol
