Frequently Asked Questions
Axis Token is a ERC-20 token – A Utility Token that enables Laneaxis blockchain-based assets with similar functionality to bitcoin, ether, and bitcoin cash: it can hold value and be sent and received.
No. This is not an ICO. LaneAxis held an Initial Token Offering in Spring of 2018.
The Tokens act as a provenance and trust protocol for data across the entire supply chain, with an immediate focus on the U.S. trucking sector. Laneaxis’ platform will create digital utility tokens and build its own blockchain platform for conducting transactions within the LaneAxis ecosystem. This will enable transparency, efficiency, and accuracy of data exchanged on the platform, which is critical for the operations of the national and international supply chains.
The AXIS Token wallet allows you to store, send and receive your AXIS tokens.
You can make payments on a shipment in the Laneaxis Network Platform using Tokens available in the Axis Token Wallet.
AXIS Token will be listed on a “Decentralized Exchange” known as Uniswap on June 1, 2021. The Token will then be listed on a traditional “Centralized Exchange” on July 1, 2021. We will have further details soon.
Tokens can be redeemed by placing a “Redeem” request from the Wallet.
Yes. You will be required to submit a “Know Your Customer” (KYC) form before you can purchase AXIS Tokens.
Axis Tokens will be used as digital utilities that power and incentivize the LaneAxis ecosystem and Platform. The Axis Tokens provide both API access to the Platform as well as a mechanism to access and confirm data. Further utilities for the AXIS Token will be introduced regularly.
No. The AXIS Token is strictly a Utility Token.
Purchasing AXIS Tokens gives you ownership over a digital asset – in this case a utility token. Traditional cryptocurrencies, such as Bitcoin, are also digital assets. The difference is that utility tokens can ONLY be utilized within a specific network/ecosystem, in this case the LaneAxis blockchain. As the data and use-case demand continues to increase (as the network continues to grow), the demand for the AXIS token is likely to increase on the open market/cryptocurrency exchanges.
No. LaneAxis is a U.S. company incorporated in Delaware and based in Southern California. AXIS Token International is a separate company based in the Cayman Islands.
LaneAxis has built the transportation industry’s first Brokerless Shipper-to-Carrier Direct Network. is an established company built by logistics veterans with decades of combined trucking and freight logistics experience. LaneAxis was recently granted a valuable U.S. patent for its Shipper-to-Carrier direct software platform. The project solves the problems for the freight industry of tracking, payment flow, data integrity, and the elimination of expensive third-party freight brokers – just to name a few. Visit LaneAxis.com to learn more.
1.5 billion AXIS Tokens have been minted. Tokens will be released into circulation in phases.
Yes. You can view the token listing here
We have integrated “Trust Wallet” into our AXIS Token website to enable and simplify Token purchases. Trust Wallet is primarily designed as a mobile application, but they have developed desktop capabilities, and there are also third party applications which allow you to utilize Trust Wallet on a desktop. We also recommend MetaMask, which you can add as a Google Chrome add-on.
You have several options. AXIS Tokens can be stored on the “Trust Wallet” app which we have integrated directly into our AXIStoken.io website. Once AXIS Tokens are listed on the exchanges, you can simply send the tokens directly to the account you create on those exchange(s). Your other options are to send AXIS Tokens to MetaMask to store, sell or swap with other Ethereum-based tokens. You can also do this on Decentralized Exchange “Uniswap.” For top security, store your tokens in a cold hardware device like Trezor or Ledger. Remember, you’ll be able to buy more AXIS Tokens on our partner exchanges once listed – then store them on a supported wallet as described above.
LaneAxis is implementing a stablecoin solution for payments from Shippers to Carriers. This instrument is designed to avoid volatility on direct shipments and to avoid transaction fees from credit card processors. Stablecoin is a crypto token that derives its value from an underlying asset, in this case, the USD. Each stablecoin is pegged to one US dollar, and will be used to automate the payment flow using smart contracts. AXIS Tokens are a separate instrument that will be used for virtually all other transactions, including API access into the LaneAxis blockchain.
We have no immediate plans to burn tokens, but will take a strategic approach to managing our token supply to ensure stablity within the token ecosystem.
Yes, we are currently conducting an equity crowdfund raise (known as a Regulation CF) on the StartEngine platform. You can visit our campaign page here. On StartEngine you can purchase actual equity shares of the company, which gives you partial ownership of LaneAxis. Purchasing AXIS Tokens does NOT give you an ownership stake in the company as they are not securities, but strictly utility tokens to be used within the LaneAxis blockchain, and which will eventually be listed on cryptocurrency exchanges for buying, selling and trading. LaneAXis owns AXIS Token International, which is a Cayman Island Corporation.
