# What Is ArdCoin (ARDX)?
ArdCoin (ARDX) - is an innovative blockchain-based loyalty token that has been integrated into a mobile super wallet which is backed by an existing financial infrastructure which includes banking services, insurance provider, stock brokerage, investment banking and a pension fund.

ArdCoin offers a unique investment opportunity in the blockchain space – it is a token backed by a well-run, publicly listed and regulated financial services conglomerate operating in a crypto-neutral environment.

Launched in December 2020, Digital Assets Exchange (DAX) is the native exchange for ArdCoin which was initiated by Ard Bit LLC

# Who Are the Founders of ArdCoin?
ArdCoin was issued by Ard Bit LLC in 2018, supported by professional team of experts and consultants.
Ard Bit LLC is a fully owned subsidiary of Ard Financial Group. Ard is a diversified financial service holding company with the overarching goal of increasing its shareholders’ equity through investing in and developing leading financial services and technology companies. Their investment portfolio consists of companies such as Ard Insurance, Ard Credit, Ard Securities, Ard Life, Ard Assets, Ard Management, Ard Bit, TenGer Systems, MEC Partners (ardshop.mn), Mongol Post, Ard Holdings International, Ard Leasing, Ard Properties and Ard Realty. Ard App, Ard Fintech, ArdCoin, ArdCash, CryptoNation, Ard Digital Bazaar and Digital Assets Exchange are proprietary digital products based on artificial intelligence and blockchain technology.

# What makes ArdCoin Unique?
ArdCoin will serve as a blockchain-based loyalty program for all existing and future services offered by Ard Financial Group and its subsidiaries.

# How Many ArdCoin (ARDX) Coins Are There in Circulation?
A total of 5.158 billion ArdCoins were issued by Ard Bit LLC in January 2019. 10 percent of total ArdCoins are to be given to the Board, team, and developers and 5 percent will be allocated to advisors and marketing. Another 20 percent was awarded to Ard Financial Group’s shareholders in April 2019. 30 percent will be reserved by Ard Bit and sold to Ard Holdings subsidiaries for their marketing and promotion purposes as customer loyalty points. The cash proceeds will be used by Ard Bit for building up cash reserves and investments. The remaining 20 percent will be put into a strategic reserve by Ard Bit and Ard Holdings.

# How Is the ArdCoin Network Secured?
ArdCoin is a ERC20 based smart contract issued by Ard Bit LLC. Ard Bit is a 100 percent subsidiary of Ard Holdings, which is listed on the Mongolian Stock Exchange (AARD).

# Where Can You Buy ArdCoin (ARDX)?
ArdCoin can be found on etherscan.io under the ticker ARDX and is listed on its native Digital Assets Exchange (dax.mn), STEX, Bittrex Global, UniSwap and Trade.mn

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