APX Ventures (APX)
APX is a new cryptocurrency that is secured by the UBQ network. The cryptocurrency was created by the APX Ventures and it does not represent the equity of the venture or its rights. The APX does not involve profit sharing meaning the token only operate on a buyback system using funds from the firm to utilize token and acquire back. The APX token is an ERC20 compliant token secured by the Ubiq network. What is the APX ventures and who are behind the success of the network?
What is APX Ventures?
APX Ventures is a blockchain based company that offers a range of solutions and services that are relevant to the blockchain industry. The services and solutions range from hashing solutions, consultation services and thorough analysis of cryptocurrencies. The blockchain can offer these services and solutions but it is not limited to the solutions and services as it can offer other services required by users. Some of the services on APX Ventures can be accepted through the use of only the APX token. Due to the nature of the free market, users can acquire APX as they please, but owning the token does not mean you are an investor with the APX Ventures.
What does the APX Ventures support?
The APX Ventures is currently supporting all programs on the platform in three ways> they include:
Use via mining
The only way you can obtain the APX coin is through the mining operations. The coins obtain can be later used for the sake of mining more coins or even for other purposes on the platform.
Buyback and burn program
The buyback and burn program involves the re-acquisition and use of the crypto token. The process plays a huge role in ensuring no misuse of the token and ensuring a significant uptake at the same time.
Utilization on other schemes funded by the company
APX Venture support utilization of its token on others schemes supported by the company. This increase usability and acceptance of gains and increasing its reach.
The APX token provides everyone an opportunity to transact and perform other services and get solutions on the APX platform. The returns are fair and favorable with other coins like ETH, BTC, and BurstCoin. APX can be found on Bittrex using Bittrex.com. A user can simply use the Fusion Wallet. All projects on the platform allow the APX Ventures to expand the services offered within its ecosystem.