## What Is ASIX Token (ASIX)?

ASIX is an Indonesian blockchain project, and its name is an abbreviation of the initials of several Indonesian artists. The [ASIX Token](https://coinmarketcap.com/currencies/asix-token/) is the [utility token](https://coinmarketcap.com/alexandria/glossary/utility-token) of three projects belonging to the ASIX ecosystem: a [play-to-earn](https://coinmarketcap.com/alexandria/glossary/play2earn-play-to-earn) game, an [NFT](https://coinmarketcap.com/alexandria/glossary/non-fungible-token) marketplace, and the Nusantaraverse [metaverse](https://coinmarketcap.com/alexandria/glossary/metaverse). The three projects in the ASIX ecosystem are:



* Congklak: a traditional Indonesian board game played with shells, seeds, and small stones that was brought to the blockchain. 
* Pasar NFT: the NFT marketplace.
* Nusantaraverse: a metaverse that will incorporate augmented and virtual reality technologies.

ASIX was launched at the beginning of 2022 and promises to launch its play-to-earn game by the end of Q1 2022. The Nusantaraverse is scheduled for the second quarter of the year, as are listings on several Indonesian and global exchanges and a new partnerships and marketing strategy. 


## Who Are the Founders of ASIX Token?

ASIX token was launched by a group of Indonesian social media influencers. Anang Hermansyah is one of the country’s most famous musicians and a former member of the House of Representatives of the Republic of Indonesia. His wife Ashanty is his duet partner, with whom he released several hit singles and eventually branched out into entrepreneurship. 

Onboard are also the couple’s four children, who have multi-million followings on social media channels. All of the children have followed in their parents’ footsteps and taken up careers as singers or artists. 

In total, 15 people are working on the ASIX project. 


## What Makes ASIX Token Unique?

ASIX Token is the classic example of a quickly-released influencer token that capitalizes on the audience of the influencer.

The first use case for ASIX will be its Congklak play-to-earn game, a traditional Indonesia board game, where players have to strategically place shells in their own storehouse. ASIX also promises to release several other games. Layangan Battlefield will be an outdoor game where players match up against others in kite flying. In “We are Papua,” players will have to throw a weapon at a certain level and hit the right target to win the game. The winner will be determined by the accuracy of hitting the exact right point of the target. Bekel will be a traditional Indonesian game of skill, and in “Komodo,” players have to breed and customize a so-called Komodo dragon. 

 

In the game’s Pasar NFT marketplace, players can purchase, sell, and trade non-fungible tokens like images, audios, GIFs, 3D models, videos, and much more. Finally, the Nusantaraverse is to bring the diversity of Indonesian culture into a digital world. ASIX promises that real-life activities like meeting, working, playing, and others will be possible with VR and AR technology. 


## Related Pages:

Check out [Ultra (UOS)](https://coinmarketcap.com/currencies/ultra/) — a gaming ecosystem and launchpad. 

Check out [MyNeighborAlice (ALICE)](https://coinmarketcap.com/currencies/myneighboralice/) — a farming game on the blockchain.

Read our [deep dive into UFO Gaming](https://coinmarketcap.com/alexandria/article/what-is-ufo-gaming-ufo-features-tokenomics-and-price-prediction).

Get the latest crypto news and latest trading insights with the [CoinMarketCap blog](https://coinmarketcap.com/alexandria/categories/blog).


## How Many ASIX Token (ASIX) Coins Are There in Circulation?

ASIX has a [total supply](https://coinmarketcap.com/alexandria/glossary/total-supply) of 10 billion with the following token distribution:



* Private sale (10%): 40% at TGE, rest linearly over two months. 0.5 BNB max allocation.
* Presale (20%): 40% at TGE, rest linearly over two months. 0.5 BNB max allocation.
* Developer wallet (2%): locked two years
* Liquidity (10%): locked one month
* Marketing (4%): 50% locked
* RnD (6%): 50% locked
* PancakeSwap liquidity (19.29%): locked fiveyears.
* Launchpad fee (1%)
* Local exchange liquidity (20%)
* Airdrop (2.5%)
* Burn (5.21%)


## How Is the ASIX Token Network Secured?

ASIX is a [BEP-20](https://coinmarketcap.com/alexandria/glossary/bep-20) token on the [BNB Chain](https://coinmarketcap.com/alexandria/article/what-is-binance-smart-chain). ASIX is reportedly working on an audit from Certik.

The BNB Chain is secured through the [proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) [consensus mechanism](https://coinmarketcap.com/alexandria/glossary/consensus-mechanism). 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible. 


## Will ASIX Token Reach $0.01?

Given the extremely high token supply, ASIX will never reach $0.01. The project clearly targets the regional Indonesian market and will thus not be able to pull in enough external liquidity to reach a high valuation. Moreover, the project’s utility is at least questionable, with very little detail provided in the official [ASIX whitepaper](https://asix-token.gitbook.io/asix-whitepaper-official/). 


## Where Can You Buy ASIX Token (ASIX)?

ASIX is available on [PancakeSwap (V2)](https://coinmarketcap.com/exchanges/pancakeswap-v2/).


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