What is AXIS Token? New Opportunities in the Blockchain Logistics Realm

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Bittime - The trillion-dollar global logistics industry is poised to undergo a major transformation. Blockchain, with its ability to increase efficiency, transparency, and security, is emerging as the right technology to lead this transformation.

Among the various blockchain projects targeting the logistics industry, AXIS Token (AXIS) stands out as one of the most promising.

What is AXIS Token (AXIS)?

AXIS Token (AXIS) is a utility token that powers LaneAxis Direct Network, a blockchain platform designed to revolutionize the logistics industry. The platform aims to improve the efficiency, transparency and security of global supply chains.

AXIS Token (AXIS) Key Products & Features

• LaneAxis Live Network: A blockchain platform that connects all parties in the supply chain, including carriers, shippers, drivers, suppliers and insurance companies.
• Data Access: AXIS Token allows users to access real-time data about shipments, such as cargo location, delivery status, and documentation.
• Payment and Settlement: AXIS Token is used for payment and settlement of transactions within the network.
• Decentralized Applications (dApps): The platform supports the development of dApps that can be used for various functions, such as cargo tracking, supply chain management, and trade financing.

Also read: What is Syscoin (SYS)? Leading Solution in the Blockchain Ecosystem

What is AXIS Token?

AXIS tokens are ERC-20 tokens that are used for various functions in the LaneAxis Direct Network network, such as:

• Establishing Network Connections: Users need to stake AXIS Tokens to establish and maintain network connections.
• Data Access: Data access fees on the network are paid with AXIS Tokens.
• Delivery Management and Monitoring: AXIS Token is used to manage and monitor deliveries in real-time.
• Performance Assessment: AXIS Token is used to build a performance assessment system for drivers, carriers and other parties in the supply chain.

AXIS Token Token

• Circulating supply: 320,303,188 AXIS
• Token Distribution:
  • 40%: Public Sale
  • 25%: Team and Advisors
  • 20%: Ecosystems and Reserves
  • 15%: Operational Funds
• Token Release Schedule:
  • 20% released at launch
  • 80% released linearly over 4 years

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Fundamental Analysis of AXIS Token (AXIS)

• Use Case: AXIS Token has a strong use case in the large and fast-growing logistics industry.
• Technology: The LaneAxis Direct Network platform uses advanced blockchain technology to increase supply chain efficiency and transparency.
• Team: The AXIS Token team consists of experienced professionals in the logistics and blockchain industry.
• Community: AXIS Token has an active and rapidly growing community.

AXIS Token Price Prediction 2024

Accurately predicting cryptocurrency prices is difficult, as the crypto market is known for its high volatility.

However, based on historical data and fundamental analysis of AXIS Token, the following is the AXIS Token price prediction for 2024:

Optimistic Scenario

• Highest Price: IDR 2,100
• Lowest Price: IDR 1,400
• Average Price: Rp. 1,750

Realistic Scenario

• Highest Price: IDR 1,600
• Lowest Price: IDR 1,100
• Average Price: Rp. 1,350

Pessimistic Scenario

• Highest Price: IDR 1,100
• Lowest Price: IDR 800
• Average Price: Rp. 950

Factors that may influence the price of AXIS Token in 2024

• LaneAxis Direct Network platform adoption: The more companies use the LaneAxis platform, the higher the demand for AXIS Token.
• Development of blockchain technology: Development of blockchain technology can increase the value and utility of AXIS Token.
• Cryptocurrency market conditions: Overall cryptocurrency market conditions may influence the price of AXIS Token.

It is important to remember that these predictions are based only on currently available data and analysis.

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Conclusion

AXIS Token is a utility token that has great potential to revolutionize the logistics industry. The LaneAxis Direct Network platform offers innovative solutions to improve the efficiency, transparency and security of global supply chains.

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.