AX1 ICO

What is AX1?
Team
AX1 Concept
Road Map
The Crowdsale
What is Mining?
The Opportunity
Our Facilities
Our Technology
Growth
Target Market
Reporting
Summary
Appendix
—
Contents
What is AX1?
Get into Crypto in a meaningful way in
multiple currencies.
Page 3
Jersey Regulatory treatment of the issuer
Page 4
Team
Executive Team
Advice & Administration Team
Product Development Team
Strategic Advisory Team
Page 5
Page 6
Page 7
Page 8
AX1 Concept
AX1 Concept
Page 9
Road Map
Page 11
The Crowdsale
Page 12
What is Mining?
The Opportunity
Our Facilities
Our Technology
Growth Opportunity
POS Vs POW
Mined Coin Portfolio
Forward Selling
AX1 in the secondary market
Target Market
Reporting
Summary
Page 13
Page 14
Page 15
Page 16...

What is AX1?
Team
AX1 Concept
Road Map
The Crowdsale
What is Mining?
The Opportunity
Our Facilities
Our Technology
Growth
Target Market
Reporting
Summary
Appendix
3
/
22
AX1 Mining
Whitepaper
—
Introducing
AX
1
Mining
Get into Crypto in a meaningful way in multiple currencies.
The aim of this Whitepaper is to highlight the reasons why AX1 is
the mining token that people have been waiting for.
The concept of AX1 is to give token holders the chance to profit
from the mining of various cryptocurrencies without the need
for any technical knowledge. AX1 token holders are effectively
buying a stake in a centralised mining pool, managed from a
state-of-the-art data centre. The rewards from the mining activity
will be accumulated within the pool which, in turn, will increase
the value of the AX1 mining token itself. The value of the AX1
tokens will ...

What is AX1?
Team
AX1 Concept
Road Map
The Crowdsale
What is Mining?
The Opportunity
Our Facilities
Our Technology
Growth
Target Market
Reporting
Summary
Appendix
—
Jersey Regulatory treatment of the issuer
In order to give prospective ICO investors a degree of protection and comfort that may not be available in many other jurisdic-
tions, and being mindful of the guiding principles pursuant to which the Jersey Financial Services Commission (the
“JFSC”) discharges its functions as the Island’s financial services regulator (the “Guiding Principles”) which are to have regard to:
•
the reduction of the risk to the public of financial loss due to dishonesty, incompetence, malpractice or the financial
unsoundness of financial service providers;
•
the protection and enhancement of Jersey’s reputation and integrity in commercial and financial matters;
•
the best economic interests of Jersey...

What is AX1?
Team
AX1 Concept
Road Map
The Crowdsale
What is Mining?
The Opportunity
Our Facilities
Our Technology
Growth
Target Market
Reporting
Summary
Appendix
5
/
22
AX1 Mining
Whitepaper
—
Executive Team
A key strength of the offer
In order to control the mining operation and investment of the mined coin portfolio in the most efficient manner
possible, the Executive Team has put in place a structure which optimises the skills of individuals whilst providing
them a controlled structure to work within. The Executive Team will sit above two specialised sub-committees
to control and administer the routine day-to-day activities of each function. This ensures that a robust reporting
mechanism is in place and any underperformance in either department can be quickly identified and corrected.
The Executive Team will be comprised of four highly experienced individuals:
Stuart Anderson

What is AX1?
Team
AX1 Concept
Road Map
The Crowdsale
What is Mining?
The Opportunity
Our Facilities
Our Technology
Growth
Target Market
Reporting
Summary
Appendix
—
Advice and Administration
A key strength of the offer
JTC Group
Corporate Administrator
www.jtcgroup.com
Carey Olsen
Legal Advisors
www.careyolsen.com
6
/
22
AX1 Mining
Whitepaper
...

What is AX1?
Team
AX1 Concept
Road Map
The Crowdsale
What is Mining?
The Opportunity
Our Facilities
Our Technology
Growth
Target Market
Reporting
Summary
Appendix
—
Product Development & Marketing Team
A key strength of the offer
Frode Aschim
Principal Mining Consultant
Jack Pickering
Ethereum Developer
Jonathan Penn
Creative Director
7
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22
AX1 Mining
Whitepaper
Galin Denev
Full Stack Developer
Wilson Manase
Head of Digital
James Anderson
Data Administrator
...

What is AX1?
Team
AX1 Concept
Road Map
The Crowdsale
What is Mining?
The Opportunity
Our Facilities
Our Technology
Growth
Target Market
Reporting
Summary
Appendix
—
Strategic Advisory Team
A key strength of the offer
This team will be responsible for advising on the day-to-day management of the mined coin portfolio. This
function will become increasingly important as more coins are mined and added to the portfolio. The team will
design a strategy that maximises the benefit to token holders of any price movements in the overall market.
Malcolm Cauchi
Ex Saxo Bank &
Targo (Crypto) Exchange
With over a decade of experience in capital
markets, working with investment banks/
brokerages since 2006, Malcolm entered the
cryptocurrency and blockchain industry in 2013,
acting as a consultant to companies wishing to
adopt the blockchain within their business. He
also advises them how to...

What is AX1?
Team
AX1 Concept
Road Map
The Crowdsale
What is Mining?
The Opportunity
Our Facilities
Our Technology
Growth
Target Market
Reporting
Summary
Appendix
9
/
22
AX1 Mining
Whitepaper
—
AX1 Concept
We wanted to do something more than launch just another token that
distributed mined coins. Instead, we wanted that mining pool to actually help
create long-term capital value for the token itself.
Mining Adaptability
Many current mining operations spend huge amounts of money on hardware, in many cases that
hardware is not very adaptable between coins. We wanted to avoid this as far as possible as we would
rather mine coins more likely to increase in value than less likely to increase in value for the same net
cost. The ability (within the obvious constraints of current technological possibility) to switch our rigs
from mining one coin to another at short notice as directed ...