1. What is asd?

Introduction to ASDTokens

1. Trading form: ASDTokens can be bought and sold through futures trading. ASD futures are agreements between two counter-parties to buy or sell a specified amount of ASD at a specified future ASD price on a specific date and time.

2. Features: ASD futures allow investors the opportunity to gain exposure without actually holding ASD. This trading method is mainly used for hedging risks or speculation.

3. Regulatory environment: In certain countries, including China, the trading of virtual currencies is completely banned. The Chinese government believes that virtual currency trading disrupts economic and financial order, fostering illegal activities such as gambling, illegal fundraising, fraud, pyramid schemes, and money laundering.

4. Advertising policy: When promoting Tokens and related products, one must comply with the relevant national laws and local regulations of the targeted country or region. Google Ads has specific policy requirements for advertisements related to Tokens.

5. Industry background: The development of Tokens has sparked discussions about their feasibility as a currency. Some experts believe that Tokens cannot serve as a currency because their prices are not related to any underlying economic value.

2. Who founded asd?

TokensASD (formerly known as BTMX) is a utility token launched by the global digital asset financial platform AscendEX (formerly BitMax). AscendEX was founded by a group of Wall Street traders and launched in 2018.

3. What venture capital firms invested in asd?

According to the provided information, here is an overview of the investment situation in the Tokens field:

• Funding trajectory of venture capital firms: Between 2012 and 2019, venture capital firms invested a total of $509 million in the Tokens field, second only to the $1.906 billion in the machine learning and artificial intelligence fields.

However, specific venture capital firms that invested in Tokens were not clearly listed in the provided search results. This information typically needs to be obtained through financial news, investment reports, or related industry databases.

4. How does asd work?

ASDTokens (AscendEx Token) is the platform token launched by the AscendEx (formerly BitMax) exchange. Here are the key points of its operation:

1. Issuance and total amount: ASD began issuance on November 11, 2018, with an initial total supply of 10 billion tokens, which was later reduced to 787,683,613 tokens on October 23, 2019, implementing an "ultimate deflation" value model.

2. Value model: ASD adopts an "ultimate deflation" value model, with 50% of the daily consumption amount permanently locked, leading to a continuous decrease in the circulating supply of the token.

3. Use cases: Holding ASD allows for various benefits, including:

4. Staking financial management: Holding ASD can yield 80% of the platform's daily trading profits.

5. VIP level enhancement: Holding ASD can enhance the account's VIP level, enjoying lower trading fees.

6. Point Card transactions: Using ASD to purchase a Point Card can receive a 50% discount on Leverage interest.

7. Auction events: Using ASD can participate in exclusive "auction events" with extremely high return rates across the network.

8. Exchange support: ASD is mainly traded on the AscendEx (formerly BitMax) exchange, with the most active trading pair being ASD/USDT.

9. Security: ASD uses blockchain technology, and trading records are stored on a distributed public ledger, providing a high level of security.

In summary, the operation of ASDTokens is closely related to its role as the platform token of the AscendEx exchange, enhancing user experience and value co-win through various use cases and value models.