Details

What is AUX

Tokens

1. What is aux?

Introduction to Auxilium (AUX) Tokens

Auxilium (AUX) is a token designed to be a unique charitable investment platform on the BSC network. The platform offers free digital assets and blockchain services, encouraging investors to donate and help the environment. AUX token holders can earn corresponding rewards by staking their tokens. At the same time, when using AUX to pay for fuel, the platform allocates a fixed portion of these costs to charitable causes.

Main Features:

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

Note: No information about the founder is provided on the official website or in the whitepaper.

2. Who Founded aux?

According to the provided search results, information about the founders of Auxilium (AUX) Tokens is not clearly mentioned. Related websites and the official whitepaper do not provide detailed information about the founders. Therefore, it is unclear who founded AUX Tokens.

3. What Venture Capital Firms Invested in aux?

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

  1. Google Ventures: Invested in Ripple.
  2. Lightspeed Venture Partners: Invested in Ripple.
  3. SBI Group: Acquired 10.5% of Ripple for $55 million.
  4. a16z: Invested in Solana ($314 million) and Opensea ($23 million Series A and $100 million Series B).
  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).
  12. Ron Conway, Mark Cuban, Tim Ferriss, Belinda Johnson, Naval Ravikant, Ben Silberman, and many other angel investors: Invested in Opensea ($23 million Series A and $100 million Series B).

4. How does aux work?

How AuxTokens (AUX) Works:

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

  2. Transaction Verification: When users make a transaction, miners or validators verify the transaction and record it on the blockchain.

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

  4. User Experience and Functionality: AUX tokens emphasize user experience and functionality, serving not only as an online payment tool but also as a multi-functional token.

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

  6. Security: AUX tokens utilize blockchain technology and encryption measures to ensure security, including two-factor authentication processes.

In summary, AUX Tokens operate through blockchain technology, miner validation, user experience and functionality, trading and storage, as well as security measures.

Share to