AlphaX is an entirely new generation of crypto-currency based on Scrypt using a complete Proof Of Stake (POS) network. The transactions made over Alpha-X's blockchain network are instant, and almost take place in real time, they are entirely anonymous and private, and are also very secure. The whole operation takes place over the Alpha-X decentralised P2P network's self-governed architecture. Our intention is to make it as good as virtual cash (plastic cards) so that it can provide real time liquidity and utility within the market.
AlphaX's agenda is to change the entire face of utility tokens, by utilising blockchain technology to overcome the historical shortcomings of the traditional system. When this technology is combined with an intuitive, user-friendly interface and gamification, a new level of trust and enthusiasm will be created amongst the crypto-currency community, as well as outside world. This will allow them to use this new era utility ecosystem with confidence and excitement.
The coins, distributed through the main chain in the ICO, are Alpha-X coins. This is a POS based crypto-currency and hence is quite fast, secure and anonymous. We intend to promote it as a Utility Coin, through which we will increase the utility proposition within the market and, at the right time, we can even integrate point-of-sale (POS) into AX. The primary goal of the Alpha-X Eco system, with its AX Coins, is to maintain all products and services using crypto-currencies and AX Coin, regardless of the current banking and economic system. In addition we will safely manage the money and fully utilise it for fast transactions.