What is AAB’s total supply?
There are a total of 50,000,000 AAB tokens, and no more will be created. The total 50 millions of AAB will be distributed over 5 years.
AAX will use 100% of the trading fees earned by AAX on its futures markets to buyback and burn the tokens on a daily basis.
Any AAB bought back from the market will be permanently destroyed and auditable on the blockchain. This process will continue until 50% of the total supply of AAB is destroyed.
what is the minimum purchase on AAB token sale???
For round 1&2 it is fixed, everyone gets 1000 AAB for 500 USDT. For round 3 there is no minimum.
So in the first 2 rounds you need to buy a minimum of $500. Not a small amount, but as I understand it with a 50% discount
Yes, you are absolutely right)
Thor Chan - Chief Executive Officer
Thor was among the first to join AAX and is the mastermind behind the company's product development strategy. His expertise reaches across all operations and is a driving force behind the team's success. His experience includes building global order management systems, global settlement systems, and low-latency trading platforms for professional traders.
He was previously licensed in Hong Kong to manage equities and derivatives brokerage and trading operations. He's held various roles, including Deputy COO at FDT Group, and product management roles at App Annie, Microsoft, Publicis, and HSBC.
what is the minimum purchase on AAB token sale???
For round 1&2 it is fixed, everyone gets 1000 AAB for 500 USDT. For round 3 there is no minimum.
So in the first 2 rounds you need to buy a minimum of $500. Not a small amount, but as I understand it with a 50% discount
Yes, you are absolutely right)
In the first round
500,000 AAB will be offered at a 50% discount to a maximum of 500 buyers who have successfully subscribed for participation.
In the second round
500,000 AAB will be offered at a 50% discount to a maximum of 500 buyers who have successfully subscribed for participation.
In the third round
9 million AAB will be offered for a total of 1 USDT each
AMA Recap - AAX Crypto Exchange x Game of Bitcoins
Thanks a lot for actively participating in the AAX Crypto Exchange AMA held on 31st March 2020 at the Game of Bitcoins Channel. We really appreciate all your support. This post is a recap of the entire session held with AAX.
https://www.publish0x.com/crypto-amas/ama-recap-aax-crypto-exchange-x-game-of-bitcoins-xnolge
Asia’s Bakkt? AAX Rolls Out Crypto Trading With London Stock Exchange Tech
https://www.coindesk.com/asias-bakkt-aax-rolls-out-crypto-trading-with-london-stock-exchange-tech