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What is AUX

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1. What is aux?

Introduction to Auxilium (AUX) Cryptocurrency

Auxilium (AUX) is a cryptocurrency designed to be a unique charitable investment platform on the BSC network. This platform offers free digital assets and blockchain services while encouraging investors to make donations to help the environment. AUX token holders can earn corresponding rewards by staking their tokens. Additionally, when paying for fuel with AUX coins, a fixed portion of those fees is allocated for charitable causes.

Key Features:

  1. Charitable Investment: The AUX platform aims to promote environmental protection through charitable investments.
  2. Free Services: Provides free digital assets and blockchain services.
  3. Reward Mechanism: AUX token holders can earn rewards through staking.
  4. Charitable Donations: A portion of the fees is used for charitable causes when paying for fuel with AUX coins.

Note: Information about the founders is not provided on the official website or whitepaper.

2. Who founded aux?

According to the available search results, there is no specific mention of the founders of Auxilium (AUX) cryptocurrency. The relevant websites and the official whitepaper do not provide detailed information about the founders. Therefore, it is unclear who founded the AUX cryptocurrency.

3. Which investors invested in aux?

Based on the provided information, here are some venture capital firms and individuals that have invested in cryptocurrency projects:

  1. Google Ventures: Invested in Ripple.
  2. Lightspeed Venture Partners: Invested in Ripple.
  3. SBI Group: Acquired 10.5% stake in Ripple for $55 million.
  4. a16z: Invested in Solana ($314 million) and Opensea ($23 million Series A funding and $100 million Series B funding).
  5. Polychain Capital: Invested in Solana ($314 million).
  6. OKX: Invested in Solana ($40 million).
  7. MEXC: Invested in Solana ($40 million).
  8. Libertus Capital: Invested in Axie Infinity ($7.5 million).
  9. Blocktower Capital: Invested in Axie Infinity ($7.5 million).
  10. Konvoy Ventures: Invested in Axie Infinity ($7.5 million).
  11. Cultural Leadership Fund: Invested in Opensea ($23 million Series A funding).
  12. Ron Conway, Mark Cuban, Tim Ferriss, Belinda Johnson, Naval Ravikant, Ben Silbermann, among many angel investors: Invested in Opensea ($23 million Series A funding and $100 million Series B funding).

4. How does aux work?

How Aux Cryptocurrency (AUX) Works:

  1. Blockchain Foundation: Aux cryptocurrency (AUX) is based on blockchain technology, which is a distributed public ledger that records all transactions.

  2. Transaction Verification: When users conduct transactions, miners or validators verify the transactions and then record them on the blockchain.

  3. Mining and Validation: Miners create new units of cryptocurrency by solving complex mathematical problems, a process known as "mining."

  4. User Experience and Functionality: AUX coins focus on user experience and functionality, serving not only as an online payment tool but also as a multifunctional cryptocurrency.

  5. Trading and Storage: Users can buy and sell AUX coins through exchanges and securely store their private keys using cryptocurrency wallets (such as hot wallets or cold wallets).

  6. Security: AUX coins utilise blockchain technology and encryption measures to ensure security, including a two-factor authentication process.

In summary, AUX cryptocurrency operates through blockchain technology, miner verification, user experience and functionality, trading and storage, as well as security measures.

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