What is APIS?
The APIS is a masternode mediation platform that enables all spectrum of users to have easy access to the "Masternode Network". A masternode is characterized by stable and guaranteed profit just by locking up an investor's money for a fixed amount of time. However, hosting a masternode is quite out of reach for most individual investors since most masternodes require substantial amount of capital and intricate software engineering to set one up. The APIS helps these individuals come together to form a whole masternode, providing them with much safer way of investing money rather than investing in the exchange market without adequate knowledge.
What's the difference between APIS and other existing agencies?
APIS is different from existing agencies in the sense that:
APIS users can commence their masternode investments without delay(Other agencies require users to wait until the masternode is fully filled).
APIS asks for zero commission or only a small commission, if required.
APIS does not require large capital nor intricate software engineering.
Is there any lock-up period for investors that participated in the private sale?
Yes, lock-up period is 3months after APIS is first listed on an exchange.
How will The Oxchild PTE. LTD. store APIS reserve?
We will use the Multisig wallet to store the APIS reserve.
Is the corporation The Oxchild PTE. LTD. based in Korea?
No, our corporation The Oxchild PTE. LTD. is based in Singapore.
What will happen to the tokens unsold?
Unsold tokens will all be burnt.
You are selling 55% of the tokens on the ICO. How are the remaining 45% distributed? Are there any restrictions on the free market for some time or in relation to the execution of roadmap items?
The remaining 45% will be used for platform operation & management. 35% among the 45% will be locked-up for an year, only 10% of the 45% will be used as reserve
Of the remaining 45%, 35% will be present in the APIS platform to provide liquidity for its users. 10% will be maintained as a reserve for potential future bounty programs or airdrops in relation to the actual platform use.
Provision of 35% for liquidity within our platform is critical to our success because it would ease entry for people who wish to directly purchase APIS tokens from the platform rather than buying it on the market.
It would also gaurantee non-destruction of masternodes should a person wish to withdraw his or her share of that masternode as we would constantly keep a certain amount of different masternode-capable coins in the reserve to enable them to be constantly running unless a masternode is completely drained of its participants.
Are there any lock-up periods for investors in private offering sale?
Yes, three months after APIS is first listed on an exchange.
Is there a soft cap? Are the funds returned to investors if the soft cap is not reached?
Yes, we do have soft cap, but it has been met with private offering and we will burn all tokens that are not sold during the ICO.
When does the pre-sale end? When does the crowdsale stage start and end?
The presale will be concluded when all tokens are sold(starts on Feb 20th. We believe that all tokens will be sold in the presale round because 1) the cap is so small 2) the amount of KYC requests and local interests we've been getting is very high