Frequently Asked Questions
What is the Kaxaa project?
Kaxaa is a blockchain network and utility token (KAX) with a real-estate-referenced Index, a wallet (PiggyBank), and a platform for real estate data and transactions.
Is the token a security or otherwise regulated?
KAX is designed as a utility token with no economic rights, and it is not marketed as an investment. KAX token is a “digital commodity” and not a security.
Nature of the project / main application — “A utility token used within the Kaxaa Platform and in transactions between willing parties; a blockchain platform for real estate data and transactions.”
Where can I buy KAX?
KAX is available on decentralized exchanges (QuickSwap, Rango Exchange, and Uniswap) and through the PiggyBank wallet using WalletConnect, under the ticker KAX. Fiat on- and off-ramping is via Stripe. Token sales may be limited or blocked in restricted jurisdictions.
Developer community
The Kaxaa project has fostered collaboration among more than 20 technical teams worldwide. We provide Kaxaa SDKs (standard data structures and testing tools) and a Gitpod environment for zero-time developer onboarding.
Is the token/coin a security or otherwise a regulated product or instrument under U.S. federal securities law or the laws of any other (non-U.S.) jurisdiction(s)?
No. Kaxaa is not a security, a speculative or stable coin, it is a utility token.
(Refer to the Kaxaa Whitepaper)
Token full name.
Token: Kaxaa
Ticker Symbol: KAX
Token Contract:
https://polygonscan.com/address/0x42af7aac6ae6425ffa96370cfd0b12522aa4b458
Symbolism of token:
Kaxaa (Latin word for “home”). The Kaxaa logo symbol is a tribal looking “K’” in shape of the top roof of a house.
What is the nature of the Project?
A utility token use for currency, Dapp, payment token, protocol and platform
What is the main application of the Project?
Blockchain marketplace
Who are the target users?
First time blockchain users, crypto enthusiasts and real estate participants.
Please provide a brief project history.
More and more people were searching for ways to use crypto in real estate transactions and the need for a real estate tied stable asset was obvious to the team and therefore we created Kaxaa.
What is the long term vision of the Project and how do you expect to get there?
Kaxaa is focused on being the commodity token for real estate made by real estate experts, not just technical people. Kaxaa will appeal to traditional real estate
enthusiasts and traditionally-driven real estate agents, title companies, and more.
Further, Kaxaa is funded and managed by its members who have decades of experience with success in real estate and technology.
Is there a limit on the number of tokens that can be held by a user?
There are no limits to the number of tokens which may be held by a single entity or person, however, its unlikely for tokens to be held up as they are intended to be
used and there will be opportunities for people to exchange them in real estate transactions between third parties and within the Kaxaa Platform.
Is your token ERC 20 compatible?
Yes Kaxaa is a ERC-20 token on the Polygon (MATIC) chain.