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A White Paper
by AXEL
Version 2.0
The Evolution of AXEL and the Introduction
of the AXEL Global Decentralized Network
IMPORTANT NOTICES AND LEGAL DISCLAIMER
PLEASE READ THIS SECTION CAREFULLY. SUBJECT TO REVIEW AND CHANGE.
WE RESERVE THE RIGHT TO MODIFY, EDIT, AMEND, OR ALTER THE TERMS OF THIS WHITE PAPER IN ANY MANNER. PROSPECTIVE PURCHASERS OF AXEL TOKENS SHOULD CAREFULLY CONSIDER AND EVALUATE ALL RISKS AND UNCERTAINTIES ASSOCIATED WITH: 1) A CAYMAN ISLANDS ENTITY, (THE “COMPANY”), 2) THE AXEL TOKENS THEMSELVES, 3) ANY INITIAL COIN OFFERING OF THE AXEL TOKENS ( “ICO”), 4) ALL INFORMATION SET FORTH IN THIS WHITE PAPER; AND 5) ALL INFORMATION SET FORTH IN THE ACCOMPANYING AXEL OFFERING MEMORANDUM, CONTRACT, AND TERMS OF USE PRIOR TO ANY PURCHASE OF AXEL TOKENS. IF ANY OF SUCH RISKS AND UNCERTAINTIES DEVELOPS INTO ACTUAL EVENTS, THE BUSINESS, FINANCIAL CONDITION, RESULTS OF OPERATIONS AND PROSPECTS OF COMPANY AND/OR THE OPERATIONS COMPANY (AS DEFINED BELOW) COULD BE MATERIALLY AND ADVERSELY AFFECTED. IN SUCH CASES, YOU MAY LOSE ALL OR PART OF THE VALUE OF THE AXEL TOKENS.
In order to undertake the mission and vision of the “Data Custody Solution” (as such term is defined below), the Company IS organized separately from the founders and principals of STOAMIGO INTERNATIONAL LLC (and DUVON CORPORATION (“DUVON”), an affiliated entity in Wyoming which holds key intellectual property utilized in AXEL branded software products, including the patent portfolio referenced within this White Paper; and other subsidiaries of DUVON) (collectively, STOAMIGO INTERNATIONAL LLC, DUVON, and other subsidiaries and affiliates thereof shall hereinafter be referred to as the “Operations Company”, “We”, or “StoAmigo”). The Company is separately organized as a Cayman Islands entity. All operations regarding the actual launch of the proposed ICO are further anticipated be conducted by and through the Company. However, the operation, maintenance, and continued development of the underlying technology and the Data Custody Solution (as such term is defined below) are intended to be conducted by the Operations Company. The Company anticipates entering into a comprehensive agreement for services and intellectual property licenses with the Operations Company for the use of the entirety of the branding, software, and software related intellectual properties held by DUVON, which currently power the AXEL suite of software products.
NO REPRESENTATIONS AND WARRANTIES Company does not make or purport to make, and hereby disclaims, any representation, warranty or undertaking in any form whatsoever to any entity or person, including any representation, warranty, or undertaking in relation to the truth, accuracy, and completeness of any of the information set out in this White Paper.
RISKS AND UNCERTAINTIES This White Paper and associated AXEL promotional materials contain statements that constitute “forward-looking statements”, including but not limited to (i) the financial performance and statements relating to the anticipated financial performance of the entities that are or will be undertaking the business and financing strategies further described in this White Paper and/or any of such entities’ subsidiaries or affiliates, which such business and financing strategies being generally described as: The AXEL Token, blockchain, and personal data management, personal private data transmission and file transfer solutions, the AXEL Global Distributed Network (AGDN), the integration of the InterPlanetary File System (IPFS), the incorporation and operation of Masternodes, and planned ancillary functionalities (the “Data Custody Solution”); and (ii) the offering of the AXEL Token in order to finance the foregoing Data Custody Solution which will facilitate the use of the AXEL Token as consumer payment for the services offered by and through such Data Custody Solution. While these forward-looking statements represent the Company’s judgments and expectations concerning the matters described, a number of risks, uncertainties, and other important factors could cause actual developments and results to differ materially from the Company’s expectations. These factors include, but are not limited to: (i) the degree to which the Company is successful in executing its announced strategic plans, including the anticipated exploitation of the Data Custody Solution across various channels, markets, demographics that may be detailed in this presentation (the “Channels”); (ii) developments in the regulatory landscape affecting ICO financing and fundraising measures; (iii) changes in the availability of blockchain, IPFS, and Masternode technologies to assure the Data Custody Solution is exploited by and through the Channels; (iv) changes in the Data Custody Solution’s competitive position, including whether competing companies and players will adversely affect the Company’s ability to commercially exploit the Data Custody Solution; (v) the liability to which the Company may be exposed to claims stemming from intellectual property violations and related issues regarding third party technologies that are incorporated into the Data Custody Solution, including but not limited to blockchain, IPFS, and Masternode technologies; (vi) the Company’s ability to retain and attract the personnel and employees necessary to design, implement, develop, and operate the Data Custody Solution and to realize revenues and to manage, support, and operate Data Custody Solution; (vii) changes in finance,
crypto currency regulation, securities, accounting or tax standards or policies, and determinations or interpretations affecting the recognition of gain or loss, the valuation of goodwill, the recognition of deferred tax assets and other matters; (viii) limitations on the effectiveness of the Company’s internal processes for risk management, risk control, measurement and modeling, and of models generally, especially as it pertains to blockchain, IPFS, and Masternode technology focused companies generally; (ix) whether the Company will be successful in keeping pace with competitors in exploiting and using blockchain, IPFS, and Masternode technologies; (x) the occurrence of operational failures, such as systems failures; and (xi) the effect that these or other factors or unanticipated events may have on the Data Custody Solution’s success and the additional consequences that this may have on our business and performance. The sequence in which the factors above are presented is not indicative of their likelihood of occurrence or the potential magnitude of their consequences.
Furthermore, readers of our White Paper should be aware that we anticipate that our business is subject to substantial and frequently changing regulations by international, federal, state and local authorities pertaining to personal and private data and digital assets, data storage, sales of digital assets and related software providers (collectively, the “Regulations”). Chief among these Regulations are those that deal with the privacy of data, personal identity, personally identifiable information, and related items, as well as Regulations pertaining to the protection of intellectual properties from infringement or misappropriation. Both classes of Regulations pose significant legal challenges to businesses such as ours, which may result in unanticipated financial outlays ranging from legal compliance to litigation. Violations of these Regulations could subject us to severe fines and possible exclusion from participation in the peer-to-peer/cloud data sharing, storage, and services industry. While the Company and the Operations Company have substantial experience dealing with both classes of Regulations, and will take all reasonable steps to assure that they do not run afoul of the Regulations, including through the use and sale of the AXEL Token, compliance with the Regulations cannot be absolutely certain. Moreover, the peer-to-peer/cloud data storage and services industry is a notoriously dynamic, trend driven, and rapidly evolving marketplace, where the prevailing Regulations can change fundamentally in ways that present new compliance challenges (e.g., in 2018, the EU enacted the General Data Protection Regulation, which is anticipated to continue to pose significant compliance challenges to a variety of operations including our own). Therefore, we will have to assure that our products and services continue to evolve and meet the demands of such dynamic and evolving Regulations. The foregoing does not purport to be a final nor exhaustive recitation of the risk factors that we anticipate our business will face which are more fully described in the accompanying AXEL Offering Memorandum.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS Certain statements in this White Paper constitute forward-looking statements. When used in this White Paper, the words “may,” “will,” “should,” “project,” “anticipate,” “believe,” “estimate,” “intend,” “expect,” “continue,” and similar expressions or the negatives thereof are generally intended to identify forward-looking statements. Such forward-looking statements, including the intended actions and performance objectives of the Company, involve known and unknown risks, uncertainties, and other important factors that could cause the actual results, performance, or achievements of the Company in its development of the Data Custody Solution to differ materially from any future results, performance, or achievements expressed or implied by such forward-looking statements. No representation or warranty is made as to future performance or such forward-looking statements. All forward- looking statements in this White Paper speak only as of the date hereof. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in its expectation with regard thereto or any change in events, conditions, or circumstances on which any such statement is based. Prospective purchasers of the AXEL Token are not to construe this White Paper as investment, legal, tax, regulatory, financial, accounting or other advice, and this White Paper is not intended to provide the sole basis for any evaluation of an investment in an interest. Prior to acquiring an interest, a prospective investor should consult with its own legal, investment, tax, accounting, and other advisors to determine the potential benefits, burdens, and other consequences of such investment.
QUALIFICATIONS TO PURCHASE AXEL TOKENS Evidence of accreditation status pursuant to Section 506(c) of the Securities Act standards may be required for US Persons to purchase the AXEL Token. Additionally, purchasers will need to provide investment entity information such as address and social security number or tax ID number to pass KYC (Know Your Customer) and AML (Anti Money Laundering) checks.
02 11
Custody and Privacy 19
07 21
Table of Contents
Tackling Data Custody
Powering the Blockchain Network: Masternodes
04 The Immutable Link between Data AXEL’s Unique Innovation: A Platform Powered by Intellectual Property
The Future of Data Custody Today
Data Evolution to Revolution: How to Join us on the Journey
08 AXEL.Network 24 Who We Are
We have all given up our privacy for the convenience
of using centralized systems that require us to sign
unreadable terms- of-service agreements that
relinquish custody of our data - our digital self - for
the ability to use the service. It is only recently that
users have begun to realize these services are not
really free; in fact they come with a very high price.
- Julie Compann, Chief Strategist, Global Marketing And New Business
Introduction
Data is the new gold. It’s the new oil. It’s the new
currency. In the digital economy, data has become one of
the greatest drivers of value. The largest companies in
the world are powered by data - Apple, Google,
Facebook, Amazon, Alibaba, Tencent...the list continues.
But the creators of data have seen their control over
their own identities eroded. Sometimes openly, often
covertly. Even big companies have been left vulnerable
to a lack of transparency on how data is managed by
other companies.
Choice and control are compromised for convenience.
And many individuals and companies are left to believe
that you can only have one or the other.
AXEL has different ideas. We believe control should
always remain with the data creator and we’re creating
the tools to enable everyone to participate in the digital
economy. We call it “data custody”. In fact, we’re
redefining how data is handled.
Data Custody, n. v. adj.
1. The ability to organize, manage and protect your own
digital data and footprint on centralized and
decentralized networks;
2. The ability to protect and guard your own data without
interruption, interference, or intrusion from third
parties or network operators;
3. The act of taking back control of your personal data in
order to guard and protect it from others.
AXEL (Autonomous eXchange via Entrusted Ledger)
has and continues to set the precedent for data custody
by developing the tools and technologies to return
control of data to our users. To this end, each of AXEL’s
100+ employees are dedicated to building the
technologies necessary to provide ultimate data custody
to our millions of users.
With deep roots in building solutions to give users and
businesses data custody, AXEL is introducing the AXEL
Global Distributed Network (AGDN). The AGDN will be
one of, if not the, largest decentralized networks in the
world. It will be developed on blockchain and distributed
technology along with a range of new distributed
products for users to easily interact with the network.
AXEL is building the future of data. A future that returns
data custody to the data creator.
2 AXEL Global Distributed Network
Tackling Data Custody
The Problem: Centralized Data Custody is Broken
Control, privacy, and trust do not exist for the majority of
people in the digital economy. Ownership has been
outsourced to third parties - and they hold all the keys.
Data is breached, data is sold, data is unwittingly
collected. Those who create the data have lost control.
The $60 billion big data business powers the $6
trillion digital economy that mirrored the growth of the
internet when the earliest version of cookies was
introduced in 1994.
The internet spawned a data revolution that led to
systemized concentration and control of user data by
major platforms that we believe significantly handicap
the development of user-first platforms, erode privacy,
and create an imbalance of influence.
This environment creates huge barriers in building
genuine peer-to-peer systems that allow people to be in
control of their identity and instead have commoditized
it. With e-commerce, the Internet of Things, Artificial
Intelligence, and wearables joining mobile technology at
the heart of the digital world, more data collection is
concentrated with a few players that place user privacy
and data integrity as a low priority.
As new technologies, such as distributed computing,
emerge as competition to centralized technologies, new
questions surrounding data custody arise.
Decentralized and distributed networks have many
performance and cost-savings benefits; however, new
tools and technologies must be created to secure and
manage personal and business data on vast
decentralized networks. These tools and technologies
must be created by trusted names with experience
and a record of protecting users from the intrusion of
third parties.
In 2017 alone, 7.8 billion records were exposed from
data breaches. This is leading to an erosion of trust in
providers and creating more vulnerability for customers
and businesses.
The following is a list of high-profile data breaches in
2018, and these are just the ones we know about. Far
too often data breaches go unreported for months or
years and, sometimes, they are never reported.
When people begin looking for solutions to take back their data, they will look for companies who have been
recognized as being trustworthy and as a leader in data custody solutions. AXEL will be chosen as a preferred
solution as it has been providing proven ultimate data custody solutions for millions of users for the last 6
years.
- Rick Stiles, Senior VP, Products and IP
February 2019 | Version 2.0 3
List of Major Data Breaches in 2018 and the Method:
Social Media: 50
million records;
poor security
Marriott
International
Hospitality: 500
million records;
hacked
MyHeritage
Genealogy: 92
million records;
unknown
Quora
Questions and
Answers: 100
million records;
hacked
Under Armour
Consumer Goods:
150 million
records; hacked
Ticketfly/
Eventbrite
Ticket Distribution:
26 million records;
hacked
Orbitz
Travel: 880,000
records; hacked
Social Media:
unknown; hacked
Google Plus
Social Media:
500,000; poor
security.
Centers for
Medicare and
Medicaid Services
Healthcare:
75,000; hacked
These data breaches are in some of the most sensitive
areas including healthcare, finance, travel, and social
media. Worse still there is very little anyone with
knowledge of a data breach can do to regain control of
their data to protect themselves from it being used
against them.
AXEL is providing the technologies, network, and tools
to change this trend that hurts every one of us directly
or indirectly with each breach.
Market/Background
We are witnessing a shift in thinking; people are
looking to solutions that protect their data, to guard
their privacy, and to take back data custody from
centralized authorities.
As 2017 and 2018 set records for breaches and hacks
of user data, 2019 will be the year of the user beginning
to take back control of their digital footprint.
Users are beginning to realize the importance of data
custody, breaches, and portability as they become
increasingly reliant on digital services in their lives.
AXEL will provide the technologies, tools, and network
for users to regain the control that has slowly been
eroding their privacy every day with and without their
knowledge.
4 AXEL Global Distributed Network
The Immutable Link between Data Custody and Privacy
This imbalanced control of data hampers innovation and
commerce in the digital economy. Who controls the data
controls the money. People have been seduced with the
benefit of convenience.
Content creators, for example, have third-party
platforms control every aspect of their data and take a
ransom in order to utilize the platform, leaving the
creators with pennies on the dollar.
Users’ personal data is monetized without their
consent while exposing personal details. It costs
money for many users to actually access, move, or
remove their personal data. Publishers pay money,
users pay with data.
But the market is shifting. From legislation, public
hearings, and pressure from advocates, companies are
starting to wake up to individuals and businesses
demanding more transparency in how data is handled.
Privacy isn’t respected and how companies treat data is
as clear as mud. AXEL’s goal is to help the technology
industry clean up its act with how it handles data.
AXEL’s Involvement in Data Custody and
Overview of History
Since AXEL started in 2012, our mission has been
about giving people full control over their digital lives - in
a world that’s increasingly cavalier about taking it away.
The first iteration of our vision was the CloudLocker®, a
physical, private cloud storage device that delivered all
the power of the cloud without the need to upload
anything onto any public servers. It allowed absolute file
control and cut third-party services out of involvement in
deciding what happens with your data.
We wanted to go further. To not just give people a way
to control all their files, but to do it in a way that was so
simple and accessible that anyone could do it.
Over the last 12 months, we laid out goals for the
monetization of files with AXEL Pay and our file and
content marketplace with AXEL Exchange (axel.
exchange) that empowers users to have greater control
over their files and content.
As AXEL’s Chief Technology Officer, I ensure the strong vision of providing ultimate data custody to users with
innovative technologies. Giving users control over their data is what motivates us and is the basis for what
drives us to perfect our ideas, technologies, and products.
- Ben Ow, President and Chief Technology Officer
February 2019 | Version 2.0 5
The result was a new type of patented technology that is
the key to everything we’re doing today. We call it
TackApp®. It lets users unify the files they own by linking
the storages of every compatible device they have.
The mobile revolution resulted in users adding more and
more devices into their digital lives. Their files were
dispersed among these devices and the only way to
previously access files across multiple devices was to
use a centralized storage system such as the cloud.
TackApp was designed as a way to unify these devices
without the need for a centralized storage system.
TackApp allows for all of a user’s files on all their devices
to become accessible from anywhere in the world,
instantly. No uploading. No intermediaries. Fullcontrol.
With the recently deployed Virtual Drive, the powerful
new feature that allows people to access and manage
their entire ecosystem directly from their computer,
AXEL is building the future of data custody. AXEL’s
Virtual Drive allows users to access and work on any file
stored on any device connected to the ecosystem
including third-party platforms such as Google Drive,
Dropbox, and OneDrive.
It’s creating a new ecosystem to access, manage, and
secure data simply and efficiently. These technologies
have formed the core of the AXEL ecosystem. We have
proven ourselves year after year of being an ever-
vigilant guardian of our users’ data by returning control
of their data back to them.
AXEL has been moving at a breakneck pace to deliver
on our ambitious plans to create innovative
decentralized technologies and solutions. One of those
solutions was to integrate tokenization into our
ecosystem to help us power great privacy and data
custody features with great immutability.
AXEL’s Virtual Drive
6 AXEL Global Distributed Network
The AXEL ecosystem continues to grow, adding millions
of new users and supporters in 2018. In Q3 2018 AXEL
released its utility token to 50,000+ users who believe in
AXEL’s vision of data custody. For 2019 we set more
ambitious goals to not only give users the tools to
control their data, but the network from which they can
securely manage all of their data.
We’re building great technology and we not only hit
several key milestones laid out in the previous year, but
are jumping ahead on the development timetable to
bring in distributed systems. We’re also adding some
completely new technologies to our ecosystem powered
by blockchain technology.
This White Paper is an extension of our commitment to
build one-of-a-kind technologies that will be a revolution
in data custody. AXEL is the data technology of
tomorrow tackling the problems of today.
The AXEL Network will return ultimate data custody to
our current and future users. We continue to innovate,
build, and deploy technology that will transform how
we manage data.
Device Software
CloudLocker
Collaboration
Authentication
February 2019 | Version 2.0 7
The AXEL Global Decentralized Network is the realization of a vision
created over a half decade ago - to not only provide the technologies and
tools necessary to protect and manage user data, but to also build the
world’s largest network for our users to process, store, secure and manage
their data. This vision is now a reality.
- Tony Tan, CEO and Chairman
The Future of Data Custody Today
AXEL’s goal has always been, and will continue to be, to provide ultimate data custody solutions in order to earn the
trust of millions of people using our technology daily to protect and manage their personal and/or business data. To
do this, we have set forth on an ambitious endeavor to build a network worthy of our reputation and the respect of
our current and future users.
As blockchain technology has evolved alongside distributed technologies it was inevitable that their paths would
cross. Blockchain provides for both secured public and private transactions and immutable record keeping with the
benefits of decentralized control. Distributed networks provide faster and cheaper processing and storage of data
that returns control to the data creators.
8 AXEL Global Distributed Network
AXEL.NETWORK A Decentralized and Distributed Platform
AXEL will continue to update the network diagram as new nodes come online
February 2019 | Version 2.0 9
With millions of users of our app and over 50 million
tokens distributed, we know our supporters share our
vision that blockchain technology should be used to
restore data custody to users worldwide. It is now time to
move away from the limitations of the Ethereum Network
to our own blockchain built on a proven codebase with a
strong reputation for privacy along with AXEL’s
proprietary clean data technologies.
AXEL is combining the revolutionary power of blockchain
technology with the evolutionary power of distributed
networks to create the AXEL Global Decentralized
Network (AGDN). The AGDN and AXEL Blockchain were
scheduled to be delivered in Q3 of 2020.
Realizing the growing need to secure user data as
breaches are continually unveiled in the exploding new
distributed and sharing economy, AXEL prioritized the
development of the AGDN and corresponding
technologies and tools.
The AGDN will now launch in Q1 of 2019, bringing these
data custody technologies and tools to our users almost
18 months sooner because these products are essential
to providing users the full benefits of our ecosystem.
AXEL Client
Unified Network AXEL Global Decentralized
Network (AGDN)
TackApp
Running on all Devices
AXEL Integration
and Authentication
• AXEL Dapps
• IPFS Public Gateway
• AXEL Multifactor Authentication
February 2019 | Version 2.0 11
Powering the Blockchain Network: Masternodes
The AGDN will bring about a powerful new ecosystem
that creates a fusion of distributed systems and
emerging technologies. This network will be at the
epicenter of a distributed future.
A Masternode network will power this ecosystem and
enable fast and efficient transactions, while creating
sustainability in our distributed systems.
Masternode Network Topography
The AXEL Blockchain will support Masternode network
architecture. A Masternode is classified as a full node
that contains a complete copy of the blockchain
network. By hosting a full copy of the blockchain ledger,
a Masternode can enable instant and private
transactions as well as engage other administrative and
messaging features within the AXEL Blockchain.
Masternodes require staking by the node operator in the
form of staking AXEL Tokens. Working in conjunction
with the Masternodes, AXEL will support the deployment
of common nodes. These nodes will work directly with
the Masternodes to facilitate user transactions and be
eligible for compensation for their participation in the
AXEL Network.
VS
12 AXEL Global Distributed Network
AXEL Masternode Structure
The network is set up with a tiered system of Masternodes that will encourage partners and supporters at various levels to power it.
TIER 1 Nodes –
Partner Level
The AGDN allows up to 50 TIER 1
Nodes.
Each Tier 1 Node Features:
• Public and Private Distributed
Storage based on the
InterPlanetary File System
(IPFS) storage system and
model
• Distributed Database System
• AXEL Masternode Proof-of-
Stake Utility Token
• AXEL IPFS Public Gateway
• AXEL-Exchange
• AXEL-DSuite
• AXEL Web Wallet
TIER 2 Nodes –
Micro-Data Centers
The AGDN allows up to 1500
TIER 2 Nodes.
Each Tier 2 Node Features:
• Public and Private Distributed
Storage based on the
InterPlanetary File System
(IPFS) storage system and
model
• Distributed Database System
• AXEL Masternode Proof-of-
Stake Utility Token
• AXEL IPFS Public Gateway
• AXEL-DSuite
TIER 3 Nodes – Individuals
and Small Enterprise Support
The AGDN allows up to 4000
TIER 3 Nodes.
Each Tier 3 Node Features:
• Public and Private Distributed
Storage based on the
InterPlanetary File System
(IPFS) storage system and
model
• AXEL Masternode Proof-of-
Stake Utility Token
• AXEL IPFS Public Gateway
February 2019 | Version 2.0 13
The Importance of IPFS
The InterPlanetary File System (IPFS) is an important
development in computing and the next stage in the
development of the Internet.
The IPFS protocol is designed to create a peer-to-peer
method of storing and sharing digital content in a
decentralized and distributed file system. Functionally, the
IPFS works very much like a distributed torrent-type
network where files are assigned a unique hash and then
stored on network devices that are geographically close
to you. Once stored, the content is available through the
use of the unique hash created during storage.
Unlike typical HTTP-type storage platforms where all
files are stored in a single server location, the IPFS
distributes those files across the network, ensuring
file availability even when one or more network nodes
are offline.
AXEL is not only building the IPFS into the very fabric of
our ecosystem, we are providing the technologies and
tools to allow users to upload, manage, and share data
on the distributed web. Our tools like the AXEL IPFS
Pinning Facility allow users to have complete control
over their data being stored on the IPFS including the
ability to add metadata such as keywords, ZIP
Compression, and multiple types of encryption.
AXEL’s IPFS User Interface
14 AXEL Global Distributed Network
Technologies and Tools to Manage
Decentralized and Distributed Data
AXEL-DSuite™ - Advanced Distributed Data
Management and Data Custody Tools for Individuals
and Enterprises
AXEL-DSuite is the most advanced distributed data
management tool available for use on the AGDN and on
centralized systems or with other blockchains.
• AXEL IPFS Pinning, Encryption, Listing, Sharing
Facility
This facility allows users to store, manage, and share
data on the IPFS.
• AXEL IPFS Archive
This facility allows users to backup and restore data
to and from the IPFS. Files, directories, entire drives
and databases can be backed-up and restored.
• AXEL IPFS Private Share
This facility allows users to share private and/or public
content in a peer-to-peer manner using encryption to
ensure the private sending and receipt of data.
• AXEL IPFS Public Share
This facility is a worldwide public search engine for
the IPFS and other distributed networks including
blockchains and blockchain-based ledgers. All
AXEL IPFS services allow for the direct publication
to the AXEL IPFS Public Share.
• AXEL IPFS Public Share Listing Service
This facility allows users to list on the IPFS and
other distributed data for listing on the AXEL IPFS
Public Share Listing Service.
• AXEL IPFS Private Net
This facility is a private distributed storage facility
based on the IPFS for the storage of data on
AXEL’s private network.
AXEL-Exchange™- Advanced Peer-to-Peer
Distributed Exchange for Digital Content and
tangible goods & services
AXEL-Exchange is a decentralized and distributed
exchange for digital content and for real goods and
services. The AXEL-Exchange is building upon the
need for people to monetize their content without
third-party interference and enabling users to buy, sell,
trade, and move content with confidence on a
distributed network. The exchange will provide ease
and simplicity with search and discovery of available
content and files on the market.
February 2019 | Version 2.0 15
AXEL IPFS Search - Advanced Comprehensive Search Engine for
Public/Private IPFS Networks
AXEL IPFS Search is the most advanced and comprehensive search engine
available for the public IPFS. AXEL IPFS Search will bring a similar experience
of web search engines to the IPFS. Over time, AXEL IPFS Search will become
the leading search engine for the entire public IPFS infrastructure.
AXEL IPFS Search can also be used by individuals and organizations deploying
private IPFS networks to categorize and organize data stored on their private
IPFS network.
AXEL-Web and Desktop Wallets for the AXEL Utility Token
AXEL Desktop and Web Wallets will allow users to send and receive the AXEL Utility Token.
Advanced features including Zerocoin for private transactions, SwiftX for instant transactions, staking,
community staking, linked-transaction hashes to rich data, Masternode monitoring, advanced address
books, and more.
AXEL IPFS Public Gateways
Each and every TIER 1, TIER 2, and TIER 3 Node will run a completely independent public IPFS
gateway. The public gateways will support the AGDN and support the entire IPFS ecosystem.
When fully deployed, the AGDN will be one of the largest gateways to the IPFS ecosystem.
DDBaaS - AXEL Distributed Database as a Service
Available in the second half of 2019, AXEL’s Distributed Database as a Service (DDBaaS) will
allow projects to migrate their current MySQL or PostgreSQL Databases to a Distributed
Database system supported by the entire AGDN.
The AXEL IPFS Open-Source Development Fund
Recognizing the importance of the IPFS to not only AXEL but the entire global community as the
next evolution of connectivity, AXEL has set up the AXEL Open-Source Development Fund. This
fund has been specifically created to support open-source projects developing and maintaining
the IPFS core functionality to ensure it remains a leading and supported open-source project.
16 AXEL Global Distributed Network
AXEL AGDN and DSuite Architecture
AXEL Architecture
The fundamental principle of data ownership is the driving force behind AXEL. With our AXEL Global Decentralized
Network, combined with AXEL’s blockchain development, we deliver a complete end-to-end decentralized and
distributed computing solution that is both unified and puts user privacy first. With AXEL’s patented unification and
security protocols, combined with advanced file and content storage, streaming, database, content-management,
P2P sharing, P2P exchange, and transfer tools; AXEL users have absolute power and control over the next
evolution of computing as we make the shift from a centralized to decentralized/distributed paradigm.
Since the launch of our very first product (CloudLocker) in 2013, the AXEL development team has been focused on
delivering off-cloud decentralized storage and streaming capability with advanced anywhere-availability and
powerful file and media management tools. Today, AXEL has a global ecosystem boasting millions of users and
decentralized storage and distributed processing capabilities that unify client devices enabling them to create their
own cloud-type storage without ever uploading anything to a public server.
AXEL.Network
WWW
• AXEL Online Wallet
• AXEL DesktopWallet
• AXEL AndroidWallet
• AXEL iOS Wallet
AXEL-WALLET
• IPFS Pinning Facility
• AXEL-Big Data
• AXEL-Archive
• AXEL-Integrity
AXEL-IPFS
• Web-browser plug-in
InterPlanetary File
System (IPFS)
Distributed
Database
• API: DDB Connect
• API: Wallet Connect
• API: IPFS Connect
• API: DMarket Connect
Consumer &
Professional
AXEL-Browse AXEL-DConnect
Business &
Enterprise
• AXEL Marketplace
• AXEL DCE (Digital
• Content Exchange)
Masternode Secured Network
• AXEL-DDBaaS
• AXEL-Unify
AXEL-DMarket WWW
AXEL-DDBaas
AXEL-CORE
• AXELapp
• DTA/ATA/iOSTA
• Virtual Drive
• LSM
• A
XELapp
• DTA/ATA/iOS
February 2019 | Version 2.0 17
AXEL-Archive
AXEL-ArchiveForever-termTM
archiving and storage of data
and digital information.
AXEL-Integrity
Monitoring Service for pinned
IPFS data and information.
AXEL-Big-Data
Share and analyze large data
sets with team members
worldwide faster and cheaper
than ever before.
AXEL-Unify
Enterprise solutions for
Distributed Database
processing and file storage
Distributed SQL Database
The AXEL Global
Decentralized Network features
a highly-scalable and fast
Distributed Database (DDB).
Integration of AGDN with AXEL-Core Products
AXEL-CORE: Delivering Data Custody Solutions
Founded on the principles of privacy and giving control
of content and files to users, AXEL has been building
unique and groundbreaking solutions to solve the issues
of custody, portability, and privacy.
The AGDN will become the engine that powers the
patent-protected AXEL Core product and ecosystem
offering already being used by millions of users.
AXEL is a blockchain technology that provides a
decentralized and distributed network that incorporates
the Interplanetary File System (IPFS) with the existing
AXEL storage, sharing, and streaming services to
deliver enhanced file protection and data custody
capabilities for services that require robust privacy and
security. By integrating the IPFS with AXEL’s existing
decentralized “off-cloud” file management platform and
our patent-pending blockchain technology, AXEL
provides unparalleled access, security, and control over
your digital assets.
AXEL’s Embedded Architecture
The fundamental principle of data ownership is the
driving force behind AXEL. Our core technology was
built as a framework that integrates with devices,
networks and systems to create a decentralized storage
and file management system that bypassed the cloud.
With our decentralized global network, combined with
AXEL’s Blockchain, we deliver a complete end-to-end
storage solution that is both unified and puts user
privacy first. AXEL’s patented unification and security
protocols, combined with advanced file and content
storage, streaming, and transfer provides users with
absolute power and control over their digital world.
18 AXEL Global Distributed Network
Client Device Unification
AXEL provides a patented unification technology (TackApp) that allows users to connect all of their device’s
storage repositories and enable them to act as a single contiguous storage. TackApp allows the files on all of your
compatible devices to be presented in a single, easy-to-use interface that doesn’t require any files to be moved.
This means no cloud uploads (unless you choose to) and no multiple copies.
TackApp allows a user to engage any of their digital content on any compatible device with the AXEL Network for
the purpose of storing, sharing, streaming, or transferring the digital content between users. By unifying the client
storage across their personal devices, the AXEL Network can be accessed from any user device and enables
easy drag-and-drop file management between storage repositories.
In addition to the AXEL IPFS Integration, TackApp also allows anywhere-access to your files stored on Google
Drive, Dropbox, or OneDrive from the same user interface as the files hosted on your home PC, work PC,
smartphones, and tablets.
Digital Certification Analyzer (DCA)
The privacy and security factor within any networking environment is paramount to ensuring user data and digital
assets remain private. AXEL’s patented DCA technology is a multi-function tool that authenticates all users
engaging the AXEL Network to conduct peer-to-peer transactions.
Unlike current multifactor authentication algorithms, the DCA (working in conjunction with the TackApp software)
creates an additional layer at both ends of the transaction to validate recipients. That addressing information is
stored within AXEL along with the user account information to provide a validation and authentication capability that
ensures the users are both vetted and trusted within the network.
AXEL Pay
Other key elements of the AXEL Blockchain include the
introduction of the AXEL Pay function and the
development of the AXEL-Exchange. The Exchange
enables participants to sell digital goods and services
as well as providing a vehicle to market and sell
user-created content such as songs, videos, pictures,
and other digital art.
AXEL Pay will enable users to utilize their AXEL file
ecosystem as a platform to request payment for goods
and services provided within the AXEL Blockchain.
The evolution plans for AXEL Pay include the
introduction and engagement of third-party financial
institutions and exchanges to enable the immediate
transfer of virtual and fiat currency.
AXEL Pay
February 2019 | Version 2.0 19
AXEL’s Unique Innovation: A Platform Powered by Intellectual Property
AXEL has introduced dozens of unique features,
functions, and technical advancements focused on
positioning our network as the leader in data custody
and digital content management. Our product
development and legal teams are committed to
protecting these valuable technical assets.
AXEL has been awarded multiple patents on a variety of
unique technology advancements and has many more
pending. Some of our current patent applications
include:
• Network and infrastructure features and functions
• Software and application licensing
• Mobile device integration
• Over 100 unique claims for AXEL and supporting
AXEL apps.
AXEL’s unique technology is currently covered by
9 U.S. Patents, granted since May 2015, and 10
other pending patent applications in the U.S.,
Europe, and China. Patents issued to date include:
U.S. Patent No. 9,027,050,
U.S. Patent No. 9,363,563,
U.S. Patent No. 9,419,965,
U.S. Patent No.9,565,184,
U.S. Patent No. 9,723,090,
U.S. Patent No. 9,792,452,
U.S. Patent No. 10,078,757,
U.S. Patent No. 14/097,102, (deemed allowable)
U.S. Patent No. 13/900,753 (deemed allowable)
Published Patent Applications Include:
U.S. Patent Publication Nos. 2014/0195976,
2014/0165176, 2015/0237400, 2017/0359353,
2016/0248936 and 2017/0235490
WIPO International Publication No. 2014/089353
European Patent Publication Nos. 2 802 118 and 2
996 026
Chinese Patent Publication Nos. 104903900 and
105426115.
20 AXEL Global Distributed Network
Delivering a Distributed Future
AXEL delivered big in 2018 by providing new technolog y and innovations to our platform. Going forward we have big
ambitions with our technology that will be realized over the next 12 months.
• AXEL Network Launch
• Swap AXEL Tokens
• AXEL IPFS Pinning Facility
• AXEL Desktop/Web Wallet
• AXEL Exchange
• AXEL Block Explorer
• AXEL iOS/Android Wallet
• AXEL Private Share
• AXEL IPFS Archive
• AXEL Auto Pay
• AXEL.Network
Masternodes
• AXEL Globai iPFS Search
• AXEL Masternode
Monitoring
• AXEL DDBaaS
• AXEL- Core Integration
- Virtual Drive
- TackApp
- LMS (LetMeSee)
February 2019 | Version 2.0 21
Data Evolution to Revolution: How to join us on the journey
Powered by People
The AXEL Network will be powered by a Masternode
community working to secure and authenticate the
network. Collaboration and participation in the network
will be a key pillar to building out our platform and
ecosystem of distributed systems.
AXEL is being developed to be a collaborative platform,
truly distributed and decentralized with the support of
partners and a community dedicated to ultimate data
custody for users. This presents exciting opportunities
to be an active stakeholder in building out the largest
distributed network in the world that will power the next
century of data custody.
AXEL Partners
We are seeking partners and participants at all levels
that will contribute to our growing network. AXEL is
presenting a range of ways to support the project,
providing multiple layers of engagement in our
ecosystem.
Participation in AXEL is participation in the future of the
internet as we know it, by taking part in fundamental
shift in data, digital identity, and our digital interactions.
Decentralized networks powered by distributed
technologies are the future and will power the growing
$6 trillion digital economy.
22 AXEL Global Distributed Network
Getting Involved
We are committed to building this network, but in order to do it so that it aligns with
our vision of a distributed system, we’re opening up our network to partners and
participants.
Become an AXEL Masternode Holder
Operating a Masternode is a trusted and valuable part
of our network and something we are opening up to a
limited number of participants.
The structure of our Masternode network follows three
tiers providing multiple layers of operability and support
to the network.
• Tier 1 Masternodes will initially be operated by
AXEL to guarantee the integrity and sustainability of
the network and are not open to public participation.
• Tier 2 Masternodes will run the Masternode wallet to
confirm transactions, operate the public IPFS
gateways, and support the private IPFS, Dapps, and
the AXEL Blockchain.
• Tier 3 Masternodes will run the Masternode wallet to
confirm transactions, operate the public IPFS
gateway, and support the AXEL Blockchain.
• We’re providing two opportunities to operate a
Masternode and help AXEL build the future of the
distributed web through our tiered system of nodes.
Tier 2 and Tier 3 Masternodes will be open to public
and partner participation and is an exciting
opportunity to be at the heart of the AXEL project. To
find more information on participation please visit
axel.network.
February 2019 | Version 2.0 23
Wallet Staking
To continue to secure transactions on the AXEL
Network we’re enabling ‘wallet staking’, allowing users
to support the project just by maintaining a live wallet.
Wallet staking provides a similar function as
Masternodes, by keeping a copy of the chain, but
requires little technical commitment beyond ensuring
the wallet remains live.
Wallet staking requires virtually no effort but will provide
additional security to the network and users will have
the potential to receive rewards.
AXEL Developer Program
Not only are we working towards building the world’s
biggest distributed network, we want to build the most
comprehensive ecosystem of decentralized applications
dedicated to data custody with real world utility.
Creating an open ecosystem, while dedicated to quality,
the AXEL Developer Program will invest and innovate
new ideas that will enable new decentralized
applications to be built on our blockchain network for the
distributed digital economy.
AXEL will develop an active developer community and
take a hands-on approach to working with partners in
innovating new applications and solutions with the
program.
The program will consist of:
• The AXEL Development Fund to financially incentivize
and support projects.
• The AXEL Innovation Support Community to foster
collaboration and engagement with the developer
community.
• Transition programs to support migration for existing
applications to move to our distributed network and
set up a decentralized application.
• Integrations and APIs to allow access to the network
tools and products.
• Educational resources and content to expand
understanding and adoption of the technology.
AXEL Ambassador Program
We have a robust community built up around AXEL that
continues to grow with people passionate about our
project. Our community is a vital part of fostering
adoption and support for the platform and participation
is an important part of supporting our project.
For our most passionate advocates we’re developing an
Ambassador Program that will be supported by
resources, provided exclusive access to information and
insights, and backed by the AXEL team.
Ambassadors act as spokespersons for the AXEL
Network and Blockchain, promote the benefits of
distributed and decentralized computing, and share our
vision for ultimate data custody in the digital economy.
Join Us
AXEL is dedicated to building something special that is
more than an idea. We’ve built one-of-a-kind patented
technology, delivered products with 1 million+ user
adoption, and continue to innovate solutions that
provide ultimate data custody to users.
We’re committed to building the biggest distributed
network in the world. To help us get there we want
partners, participants, users, and a community full of
passionate advocates. We’re opening up opportunities
for people to be involved at various levels. We’re making
it easy to join us.
We know we have the technology to change the future.
We want you to join us on a journey to provide ultimate
data custody and change the digital economy.
24 AXEL Global Distributed Network
Who We Are
AXEL: A Company and Brand on the Move
AXEL, at its core, is driven to innovate new technologies
and solutions to make a lasting impact on the world. We
believe in more than just relying on hype and buzz to
carry our company forward. We want to build a
company for the long-term, balancing exciting vision
with business sustainability.
As a company, we’ve been operating since 2012 and,
moving forward with a solid foundation, we’ll continue to
develop and grow as a business and brand.
We have developed great technologies over the last 7
years and we had our busiest year yet with a brand
overhaul, new UX/UI, new products, new technologies,
new patents, and one of the fastest growing
communities in the industry.
The last 12 months brought exciting and huge
milestones to AXEL, including:
• Passed the 1,000,000 user mark on the AXEL
platform in Q1 2018
• Released AXEL Pay, allowing users to monetize their
files
• Released AXEL 2.0, with a new user experience and
interface
• Awarded 4 new patents
• Filed 3 new patents on our blockchain technology
• Released the biggest unification feature since
TackApp with Virtual Drive
• Released AXEL Blockchain White Paper V.1
• Completed first round of token distribution for our project
• Delivered several presentations on data custody and
received awards on our ideas
• Grew our social audience and community past
100,000
And this is just the beginning….
Team
AXEL built a comprehensive team to create
revolutionary technologies and a sustainable business.
Entrepreneurs, technologists, marketers, investors,
innovators, and creators - our team has a track record of
delivering success.
Our founders have been at the forefront of the
technology revolution, having founded one of the first
private label ISPs and developing award-winning
technologies and intellectual properties. We pride
ourselves on both our pedigree and our ability to evolve
in the rapidly changing environment of technology.
We are a team of more than 100 professionals, over 80
of which are technical experts, Python developers, or
blockchain specialists. We’re always adding new talent
to help build the future of data ownership.
February 2019 | Version 2.0 25
AXEL Executive Team
Tony Tan, CEO and Chairman
A visionary and philanthropist with a long string of entrepreneurial
successes, Tony founded and ran ZCorum, America.net, and ISP Alliance. He built one of the first
wholesale Internet Service Providers (ISPs) in the United
States, and has a track record of rapidly transforming tiny startups
into large, multi-million dollar businesses. Tony held global management positions at First Chicago Bank (now JP Morgan
Chase), Securities Counsel, and the YMCA. He’s also an avid
investor and his investments in cryptocurrency predates the Bitcoin boom by many years.
Tony recognized that blockchain will be the next paradigm shift in technology long before many of
his contemporaries. Tony carries an MBA in Finance and Marketing from the University of Chicago, an
MA in Economics with honors from Western Michigan University,
and a CFP certification.
Ben Ow, CTO and President
Ben has a strong history of leading the creation of stunning, industry-shaking technologies. He started
and cultivated a one-man operation into a powerhouse computing
company that represented brands like Panasonic, Fujitsu, and Acer.
He’s co-founded several successful businesses, held executive
leadership positions in more, and is the mastermind behind ViaCube, the winner of CES’s 2006 Best Of Innovation Award. He is named on
multiple blockchain-specific pending patents. He also completed all
course work for the PHD program in Artificial Intelligence at
Northwestern University.
Daniel Lindsay, Chief Financial Officer
Daniel is a veteran in the financial
profession with experience in
consumer lending, retail banking,
treasury services, and ultra-high net
worth wealth management. He
graduated with a degree in finance
from Michigan State University and
then went on to manage a financial
institution in Las Vegas while
concurrently earning his MBA from
University of Nevada, Las Vegas.
Immediately following graduate
school, Dan worked for a large
regional bank providing financial
consulting services before pursuing
a law degree from Western
Michigan University where he not
only completed his JD, but also an
LLM in taxation. After law school,
Daniel was instrumental in the
formation of a successful Registered
Investment Advisor firm where he
played a key role for several years.
Daniel holds multiple FINRA
licenses and a CFP designation.
26 AXEL Global Distributed Network
Dr. Yoowan Kim, Chief Information Officer
Dr. Kim received his Ph.D. degree from Case Western Reserve University in 2003 in
the area of network security (DDoS attack mitigation). His research expertise includes
secure network design, unmanned aircraft systems (UAS) communications, and cyber-
physical system (CPS) security. He has published over 90 papers in peer-reviewed
journals and conferences, and has six patents granted or pending. His research has
been sponsored by Microsoft Research, the US Air Force, the Naval Air Warfare
Center, Oak Ridge National Laboratory, National Security Technologies, and the
National Science Foundation. His research on DDoS attacks has established a
foundation for Rate-Based Intrusion Prevention Systems. Dr. Kim also serves as an
Associate Professor in the Department of Computer Science at the University of
Nevada Las Vegas. He established the first higher-education course curriculum on
blockchain at UNLV and is active in the blockchain initiative in the State of Nevada.
Dave Kaplan, VP General Counsel
A proven attorney who focuses on the intersection of business, technology, and law.
Dave has played a leading role in high-stakes litigation in a broad array of forums,
including in many patent matters. He has represented clients such as Volkswagen,
Sony, Lenovo, Olympus, Toyota, and GE Healthcare, but has also successfully
represented clients against adversaries with much deeper pockets. Dave carries a
B.S.E. from the University of Michigan College of Engineering and a law degree
from Rutgers University.
Julianne Compann, Chief Strategist, Global Marketing and New Business
Julianne is an outstanding entrepreneur, technology marketing innovator and global-partnership strategist who has a history of winning in this radical new world. She leads early start-up ventures who own “change the game” technologies across the chasm from unknown to fiscal success. Her specialty is branding, positioning and clever partnering, thus growing the base from early technology adopters to world-wide sales success. Among some of Julianne’s accolade are Top 40 Technology Company Award, Fast Tech 50 Award for annual revenue five years in a row, Product of the Year Award and five Business of Excellence Awards. Additionally, Julianne has received five GLOBE Awards from the state’s Department of Economic Development for creating and implementing successful global partnerships across five continents and two prestigious Diamond Awards from Broadband Technology Report for her patented cloud-based broadband diagnostics products.
Rick Stiles, Senior VP, Products and IP
A communications technology veteran with decades of experience, Rick has
spearheaded the development of many innovative communications technologies,
some of which are commonly used today. He’s served as Vice-President of major
telecom companies like HyperEdge and NA Communications and led product
development at others. Rick is named in several significant U.S. patents including
Four current blockchain-specific pending patents.
February 2019 | Version 2.0 27
Roberta Tsang, Chief Communications Officer
A seasoned generalist with a plethora of experience in public relations and marketing communications, Roberta has extensive knowledge on corporate identity, consumer and lifestyle brands, B2B and B2C marketing, fintech, cryptocurrency, as well as blockchain technology. Starting out in a corporate environment, she transitioned to a boutique agency where her creative yet strategic results-driven approach gained her much success in managing some high-profile clients including Amazon.com, Showtime Networks, the Academy of Motion Picture Arts & Sciences and many more. In 2005, Roberta launched her own consulting firm, RTPR, where she built an impressive clientele across North America, Europe, and Asia. For over a decade, she provided strategic counsel and PR support for brands including the Toyota Mobility Foundation, Suite 420 Solutions, Monster Products, Chargebee, Altimetrik, Gibraltar Business Capital and LinkedIn. Roberta has a B.A. in Communications from New York University.
.
Diane Zhang, VP Finance
With an excellent undergraduate academic record, Diane was offered a research
assistantship to pursue graduate studies at The University of Cincinnati. She
graduated with an MA in Economics and then pursued her passion for accounting
and finance. A Certified Public Account (CPA) since 2006, Diane has accumulated
years of hands-on experience in finance and accounting through working for public
and private companies across a variety of different industries.
Darr Kadlubowski, Director, Social Media Marketing
Darr co-founded two startups during his time at Cornell University, where he earned
a Bachelor’s of Science degree in Industrial and Labor Relations. An experienced
marketer and entrepreneur, Darr is passionate about bringing content, such as
informative and entertaining articles, to users that adds real value to their social
media experience, and as a seasoned videographer and graphic designer, Darr
brings a creative edge to AXEL’s marketing and social media presence across all of
AXEL’s platforms.
28 AXEL Global Distributed Network
Dmytro Ashkinazi,
Executive Director European Operations
Veteran entrepreneur and software specialist. Dmytro founded, built, and sold
Dneper and iDom, two European tech companies. He’s spent years in IT consulting,
helping businesses develop incredible technologies. He brings with him a strong
business skill set and vast technical acumen that are borne of his experience
working in some of the world’s best-known tech giants. Dmytro holds a Master’s
degree from Dnipropetrovsk National University in Software Development.
David Deng,
Executive Director Asian Operations
David has extensive experience in the high-tech industry in China, working at
companies such as The Southwest Institute of Physics, Neusoft Group, and
Vanceinfo – rising through the ranks with each position. A master at building teams
that work cohesively to meet their objective, David also brings with him years of
engineering, technical and operations experience. David has a Bachelor’s degree
from Sichuan University in Science and Technology of Electronics.
February 2019 | Version 2.0 29
Building the Brand - What We’ve Been Up To:
Over the last 12 months we’ve kept busy not only
building out our distinct and innovative technology, but
also building a brand and community that will help AXEL
stand out in the market. The people outside AXEL are
as important as the people inside and we continue to
grow our community and reach out to new audiences.
We will keep growing, but we will also continuously
engage in proactive dialogue with our existing
community to truly build AXEL into something we’re all
proud of. Here’s a little of what we’ve been up to and
what we’re planning on doing to grow the AXEL brand.
Our User Community
Stimulating the AXEL app’s steadily growing user base
through engagement, activation, and retention initiatives
has been a critical component of AXEL’s strategy for
growth and expansion.
Through communication and education with our users,
we saw a 444% increase in conversions per user with
file transfers, a 301% increase in conversions with user
shares and we’ve also seen a record number of different
features used on our platform. The best part is that we
haven’t even begun to scratch the surface!
Though our efforts to activate, engage, and retain users
have been successful to this point, they’ve only been
stepping stones to greater levels of expansion and
monetization for our platform. With the exciting new
features and products to highlight to our users, like
Virtual Drive and AXEL Pro, we’re expecting significant
growth in user monetization, number of users, and how
much activity they’ll perform.
The Wider AXEL Community
AXEL has one of the strongest social media and
community followings in the blockchain world. The
numbers speak for themselves:
• Twitter: 43,000 followers
• Facebook: 141,000 page likes
• Reddit: 44,596 subscribers
• Telegram: 99,372 members
These numbers are not merely vanity metrics as our
social media channels have strong levels of engagement
including shares, retweets, mentions, and comments
across the board.
Additionally, our Telegram channel was one of the fastest
growing in the history of the platform and it continues to
be one of the most popular and active channels. These
numbers are a reflection of the enthusiasm and interest
in AXEL and our blockchain project.
AXEL’s social media made its mark in the arena of data
privacy and data custody. We are one of the thought
leaders in this sphere and our social media community
is comprised of CEO’s, influencers, venture capitalists,
and even celebrities.
30 AXEL Global Distributed Network
Media and Outreach
AXEL Media Relations
Since its inception in 2012, AXEL has made media
relations and communications a key component of
day-to-day business. At AXEL, we recognize the
importance of conveying company news, product
releases, and developing partnerships both in the
community and business sectors.
AXEL’s communications staff are among the most
experienced and well-respected professionals in the
media relations, journalism, and marketing fields. With
staff located in both Las Vegas and New York, AXEL is
always well-positioned to distribute information from
coast to coast, and across the globe.
Our communications and marketing employees have
spent years developing positive relationships with the
media and earning the trust and respect of journalists
representing major publications in the technology and
finance industries.
As a result of those relationships, AXEL has been
featured in Forbes, Business Insider, TechBullion,
Popular Mechanics, and PCMag Network. AXEL has
also been featured in numerous technologies, blockchain
and cryptocurrency publications and podcasts.
Education and Outreach
AXEL TV
As part of AXEL’s communications initiative, the
company’s YouTube channel plays a vital role in
announcing new products, company updates for both
internal and external use, product education content for
customers, and sharing news concerning privacy and
data custody.
AXEL’s YouTube channel has well over one million
views, dozens of professional grade videos and
animations, and a subscriber list that is rapidly growing
by the day.
AXEL is one of the few technology companies in the
world that feature an in-house veteran television anchor
and experienced voice-over artist. This in-house
creative and production resource is a vital part of our
ability to inform our users and community.
A large part of AXEL’s education and content plan is taking
on technically complex subjects such as blockchain,
Masternodes, and decentralization and turning it into
content that is understandable to average consumers.
AXEL releases videos on a regular basis and uses a
variety of creative techniques to educate consumers
and announce important company related information
and product releases.
February 2019 | Version 2.0 31
Partnerships
AXEL is building a range of strategic partnerships with data centers, IP providers, universities, and in the blockchain
community to support the development of the node network and technology. AXEL’s goal with these partnerships is
to provide strategic support to help AXEL scale, support the community, and build innovative new products that will
build the future of data custody.
AXEL: The Evolution of Data Custody
The world of data is evolving. The revolution of big
data is giving way to the evolution of data custody.
We’re creating data on an unprecedented scale
and losing control because solutions aren’t
geared towards the data creator.
AXEL has taken a different approach to many tech
companies that give the ultimatum of control or
convenience. We’ve built solutions that provide
ultimate data custody without compromising
convenience.
And we’re not done yet.
We have a big vision to ensure the future of data
custody remains with the data creators by building
powerful decentralized solutions powered by
distributed networks.
With a fusion of our patented technology, the
IPFS, distributed databases, and blockchain
solutions we’re creating solutions that provide
ultimate data custody. With a long track-record,
patented technology, and a world-class team,
AXEL is the evolution of data.
Appendix A – AXEL Pay and AXEL Exchange Excerpt from
AXEL White Paper 1.0
NOTE: The following are excerpts that relate to developments laid out in the AXEL White Paper 1.0 covering
the core functionality of AXEL Pay and AXEL Exchange which have been developed in conjunction with the
timelines expressed.
AXEL Pay was delivered as specified. The AXEL Exchange has been delivered as intended, however, it has
been developed as a distributed platform bringing forward its functionality by over 12 months.
32 AXEL Global Distributed Network
From Solution to Evolution: AXEL Pay
The AXEL App provides the easiest way for users to
access, share, and transfer their files. We’re also
building the easiest way for them to sell their files.
Pictures. Documents. Videos. Music. Anything.
With the AXEL Pay technology, users will be able to
sell, buy, or trade their files and digital assets directly,
one-on-one with no external interference or
involvement. It’s the same technology used every day
by AXEL users, with the addition of simple transactional
layers that allow people to securely sell their files in
seconds. It also builds trust between users to create a
more robust commerce environment.
No third parties will be creating the rules or imposing
disproportionate costs. Our technology will allow anyone
to create an AXEL Pay link for any file with a few clicks.
The user sets the price they want and they receive
nearly every penny. All that with virtually no transaction
fees. This created link can then be put on social media,
chat apps, or forums. This allows users to instantly
create their own storefront without handing over control
of their files to someone else.
While other commerce systems focus on the platform,
AXEL Pay focuses on the user by eliminating major
barriers to selling – time, access, costs, and ownership.
By removing these resistances, hundreds of millions of
people will suddenly have the opportunity to become
entrepreneurs with ease.
We strongly believe AXEL Pay will be the better, easier,
and safer way to monetize people’s files. It will come
with all of the benefits of e-commerce but without any of
the restrictions. AXEL Pay will initially utilize PayPal as
the payment mechanism.
Our existing platform is already being used by millions
who will shortly have access to AXEL Pay. But our
vision is to not only remove barriers to entry for digital
commerce – but to change how it is done.
February 2019 | Version 2.0 33
A Better Place to Sell: AXEL Exchange
We want to create a better place for people to sell - not just a better way for them to do it. That’s why our vision is to
create the AXEL Exchange, a true peer-to-peer e-commerce platform that will feature a vibrant community of buyers
and sellers.
With billions of people already buying and selling online, and another billion set to be added to the digital economy
by 2020, we expect the AXEL Exchange to be a key facilitator in the commerce of digital products and services.
Combined with AXEL Pay, this will provide the opportunity for anyone with an Internet connection to sell their
content without current costs or restrictions.
Better for Sellers
Sellers will be able to
participate in a popular online
portal with an audience ready
to buy their content. Utilizing
the AXEL App, they would be
able to sell any file on the AXEL
Exchange in seconds. The
AXEL Exchange will provide
both peer-to-peer selling and
the advantages of a platform
with a huge reach. It’s the best
of both worlds - allowing sellers
to promote their content in a
global ecosystem optimized to
deliver it to the people most
likely to buy it, with added
optional privacy.
Best of all, there will be no
startup costs for using the
AXEL Exchange.
Better for Buyers
Buyers will get access to an
ocean of unique content,
unlocked by the non-existent
barriers to entry that AXEL Pay
provides. We expect there to be
content available on the AXEL
Exchange that just won’t be
found anywhere else. Powerful
search capabilities will allow
visitors to find exactly what
they’re looking for.
The AXEL Exchange will
provide easy payment options
and will let users view, watch,
or listen to their purchases in
seconds. We expect that the
AXEL Exchange will be one of
the easiest, safest, and most
comprehensive ways to buy
digital content, all in one place.
Unified & Decentralized
The AXEL Exchange will
facilitate peer-to-peer
transactions. As has always
been the case with AXEL, the
user chooses where the
content is kept. We plan to
deliver the advantages of
existing e-commerce sites such
as Amazon, eBay, and Alibaba
and content channels such as
YouTube and Twitch – but not
all the costs, rules, and
restrictions that come with
them.