What about the legalization? Are you guys officially registered as the company? If so where?
How will investors benefit from acquiring your tokens?
Hi in terms of the regulatory treatment of the issuer see the below
In order to provide AX1 ICO investors with an additional degree of protection and comfort, the issuer has chosen to use a Jersey company. Jersey’s sophisticated regulatory approach requires any ICO issuer to obtain a specific consent from the Jersey Companies Registry, part of the Jersey Financial Services Commission. Whilst this consent does not give the ICO a ‘regulated’ status, it is bespoke to the ICO in question, and mandates an additional set of conditions designed to ensure continued high standards of governance, investor disclosure and AML/CFT compliance.
AX1 limited is A private company incorporated in Jersey with registration number 125933
you can find this information in our information memorandum
https://www.ax1.io/ax1_information_memorandum.pdf in terms of benefitting from acquiring tokens - ax1 is a capital appreciation mining token
With AX1, we are offering token holders the chance to participate in a managed mining operation and enjoy capital appreciation via contractually guaranteed economic rights in the portfolio of mined coins.
After deduction of any costs and liabilities incurred by the issuer, at least fty percent of the value of the mined coins will be placed in a segregated account in order to asset back the AX1 Tokens. This represents a real, contractual, substantive and auditable value guarantee and is a key strength of this offer in addition to the other attributes of the AX1 Tokens.
Under this arrangement, the Issuer will have NO further entitlement to withdraw, or otherwise use for any purpose of the issuer, ANY of the assets of this segregated account: its value therefore provides a solid basis for the perpetual assetbacking of the AX1 token and peace of mind to AX1 token holders that the Tokens are true and verifable store of value
