Auxano and FJT tokens are in the spotlight. Why’s that?
Auxano is one of the first cryptos worldwide to offer SEED for financial freedom. It will provide users with business support to help them achieve their goals. The company will work through Cluster Funding of Businesses. The latter is a major driver of the token’s use cases. However, Auxano will have Equity Ownership in every business it funds.
The company launched its hot native utility token on July 1, 2022. The sale will end on September 30, 2022. Currently, 1 AUXN is trading for 0.002 USD, but its value will increase over time. The total supply of tokens is 100,000,000,000,000, but only some percentage is available at this stage. The platform accepts ETH, LTC, BSC, USDT, BNB, and BUSD in exchange for its coins.
According to the Auxano team, the unemployment market offers the largest number of customers. Misguided young people may become part of terrorism and war, playing in the hands of dictators. However, if the world offers them good opportunities, they will return the favor tenfold. There are numerous talents ripe for picking, and they only need support to achieve success. Auxano aims to provide it.
The company stated that Africa has many youths full of great skills and business ideas. They have the potential to change the world, but their major limitation is no access to the necessary funds to help make their projects a reality. The Auxano team wants to change that, and thus, it decided to create an AUXN token.
Why is the AUXN token important?
According to surveys, 16% of the world population is between the ages of 10 and 19, while 65% are youths between the ages of 15 and 64. 90% of these people live in developing countries. World Bank staff estimates that more than 65% of them are unemployed.
And most of them live in Africa. Young people have to overcome many obstacles to get quality financial support through loans and grants to fund their businesses and projects. That’s due to the strict government policies in the region. On the other hand, such restrictions caused a rise in the crime rate, as well as violence and poverty.
The average youth can’t access a loan because of the numerous documentation and requirements, along with the very short repayment duration, high interest rates, and skyrocketing origination fees. But that won’t be an issue much longer, thanks to the Auxano token. The latter will fund young African businesses with cryptocurrencies, specifically with the AUXN token.
Young people will only need to buy this token. Its holders will automatically become qualified for a grant or a loan. The company will decide which one to offer depending on the type and nature of the user’s project. After making a decision, the platform will complete the transaction in minutes. But the business or project will have to accept AUXN from the public after it gets the funding. The token may become a means of payment for goods and services. But such an exchange will increase its utility as well as value. It will also provide returns for early investors and holders.
Moreover, the team decided to employ the SEED principle to guarantee the success of the projects and businesses that the platform funds. Consequently, early investors can be sure that their funds are safe.
How will Auxano achieve its goals?
The company will fund the related businesses in clusters of three as it aims to form partnerships or groups. Their combined funding will provide these firms with enough liquidity to grow. Besides, the equity holding will be equal for each partner. Each one will receive 30%, while Auxano will hold 10%. As a result, the company will have the authority to monitor performance, as well as provide mentorship if needed.
In addition, the team will offer training, counseling, and mentorship. Auxano aims to increase its network rapidly. It wants to boost the token’s adoption as well. The company may offer various incentives in the process to encourage young talents. Furthermore, it will launch the Auxano Blockchain and Wallet soon.
What about the FujiCompany?
FujiCompany is another successful startup that launched its native token in September 2022. FJT token is very trending, and it’s trading for 0.75 USD currently. The total supply of tokens is 100,000,000 FJT. According to the team, 33% will go to pre-sale, 17% will be set aside for internal turnover of the platform, and 30% will serve as the distribution between exchanges. In addition, 11% will go to the founders and the project team, and 9% is for marketing and bounty. The platform accepts ETH, BTC, TRX, BNB, and USDT in exchange for FJT during the initial coin offering.
The team stated that Fuji is a space for investors, creators, or startups to meet. They will be able to exchange ideas and start new projects. This network will allow business owners to develop. Meanwhile, investors will be able to invest their money in the promising project with a strong potential to profit. The company requires users to use the platform’s native token, FJT, though.
What advantages will the FJT token owners gain?
FJT offers many benefits to its holders. Thanks to it, customers will participate in all the activities of the platform. In addition, they will generate income with the increase in the coins’ value. The team stated that Fuji is not only a donation platform. It is a full-fledged investment marketplace with a great, advanced infrastructure and economic environment.
First and foremost, FujiCompany is a cryptocurrency startup exchange. But its founders decided to free customers from all banking costs. Instead, they introduced the FJT token, which will become the main currency for exchange between the startup teams and the investors. As a result, users won’t need to think about banking problems.
This company is especially useful as many business beginners don’t know how to build a successful company. There are so many things to consider and a whole marketing strategy to employ. It’s not an easy process and requires diligence and hard work. Furthermore, startups need to take into account the demand in the market and their competitors. But FujiCompany will help them to plan their business strategy wisely.