Post
Topic
Board Announcements (Altcoins)
Re: [ANN] 🔴 AXPIRE.IO - BLOCKCHAIN-AGNOSTIC DAPPS - $30 BILLION DOLLAR CLIENT 🔴
by
Johj
on 21/08/2019, 10:10:25 UTC
30 billion dollar client based on what?
Is the targeted market share worth $30 billion or you're targetting $30 billion out of some estimated market share? If it's the former, then that's just overselling the product because nobody expects the traditional forces/established players in that market to just lie down and watch a $3.3m mcap startup do them in (when they can simply roll over the company or acquire it). If it's the latter, we need more stats about the industry

We have a New York based hedge fund with a total AUM (assets under management) of $30 billion U.S. dollars utilizing the aXpire product "Resolvr."

They pay license fees, from which parts of the revenue is used to buy and burn AXPR tokens, similar to Binance's BNB token model.

It's not a target, goal, or anything like it. It's a current number of the cumulative AUM amount of our fund software clients, and we're actively in talks with other large potential clients. Recently, one of our incubated startups also gained a pharmaceutical company as a client, yielding aXpire revenue which is also used to buy and burn AXPR. All new clients help increase the burn, and so does use of our crypto-facing retail products (such as the payments app PayBX, and the freelance platform MatchBX...) where parts of (or all) transaction fees are used to, again, buy and burn AXPR.

We're not a project trying to develop a far-fetched piece of vaporware. We're a company with several developed, live products, as well as real revenues.

This certainly frame the narrative better and provides much-needed context. It's also piqued my interest (back) in the project (used to hodl a few) for a full dive into relevant product literature. I'll be back for more clarifications - if needed

Appreciate that! The header title has limited character space, so can't really give a proper explanation through it. Would love to have you amongst our token holders, and feel free to ask any and all questions.