If you disagree with or dislike the idea of APX Ventures, simply do not partake in the crowdfund. Thank you.
If you have any questions, please join our slack or telegram.
We will be providing easy to follow video instructions for how to participate in the crowdfund and how to move your $APX token
Please note that slack and telegram are our main methods of communication
FAQ
Q: How will APX be issued?
A: APX will be an ERC20 issued on the Ubiq network. Ubiq is an alternative to Ethereum with lower inflation and some technical improvements. Ubiq currently has the highest valuation of Ethereum alternatives after Ethereum Classic. An easy to follow step-by-step guide will be released before launch in case anyone experiences difficulties.
Q: How do I get APX?
A: The crowdfund will run for approximately 21 days beginning May 1, 2017 at 11:00:00AM PST and ending on May 22, 2017 at 4:59:59PM PST or until hard cap is reached. This will take place through Bittrex Exchange.
A: Yes, APX will be listed on Bittrex one day after the donation period ends. Furthermore, the APX Team will look into the addition of APX on additional exchanges. The crowd fund will conclude if the maximum is reached or on May 22, 2017.
Q: What can I do with my $APX?
A: The APX Team will be working to continuously provide $APX with various use-cases. We will be buying back and burning $APX acquired through our buyback program. Our first project, which is the Crypto Review platform, will accept $BTC and $APX for access to any premium features. Any other projects funded by APX Ventures will also integrate $APX usage in a similar fashion. There will most likely be a slight discount if paying with $APX to incentivize users to pay with $APX. This is further down the line but another use case for $APX is that we will be exclusively accepting $APX for discounted rental contracts for our mining farm. These are only some of the use cases for $APX, we have several more that we will reveal in due time!
Q: How does voting work?
A: The APX Team will issue parallel voting tokens by airdropping them to accounts holding a minimum of 500 APX. These parallel voting tokens will be strictly used for voting purposes. New tokens will be issued for each voting round. Step-by-step instructions will be provided for this process.
Q: Will there be escrow?
A: The crowd fund and escrow will be conducted via Bittrex Exchange.
Q: What will the APX Team do in case of a hardfork for Bitcoin?