You can make payments on a shipment in the Laneaxis Network Platform using Tokens available in the Axis Token Wallet.
Tokens can be redeemed by placing a “Redeem” request from the Wallet.
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.
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.
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.
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.
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.