Azit update: AZIT Live price, price chart, news and markets

What Is Azit (AZIT)?

Azit is a point integration platform for real estate and residential services that utilizes blockchain technology. It has partnered with leading companies in the industry, such as 'Dabang' and 'WeMatch Daisa', to provide users with a seamless experience. Through the Azit DAPP, users can exchange their mileage points for AZIT Tokens, which can then be used for various residential services.

The native utility token of Azit is called AZIT. It serves multiple purposes, including acting as a key currency for mileage points, exchanging mileage points from partner companies for AZIT Tokens, and converting mileage into fiat currency through AZIT Tokens.

Azit Ecosystem:

• Azit Alliance is building an ecosystem that allows users to enjoy benefits when using various residential services, such as real estate, moving, cleaning, house designing, laundry, pet services, and house insurance.
• The ecosystem has already welcomed leading companies like 'Dabang' and 'WeMatch Daisa' as partners, and it continues to expand.
• Users can easily exchange points through the Azit DAPP.

How Many AZIT Coins Are There in Circulation?

AZIT Token was launched in June 2021 on Klaytn's mainnet and underwent an audit by Hexlant. The total supply of AZIT Tokens is 5 million. Out of this supply, 30% is allocated to partner companies in the real estate, housing, and IoT sectors that have joined the Azit Alliance to enhance the ecosystem. Another 20% is reserved for marketing purposes, used to promote the platform and reward users for their contributions. Additionally, 20% is allocated to the foundation for business expenses, such as research and development, labor costs, and facility management. The remaining 5% is set aside for the long-term operation and development of the AZIT Alliance platform.

As of March 7, 2022, there are 465,000 AZIT Tokens in circulation. AZIT Token was listed on DEX KLAYswap on February 7, 2022.

Who Are the Founders of Azit?

Azit was founded by a team of experts from major IT companies, including Samsung, SAP, and Nexon.

- CEO: Ron (Haram Nam) - IT Business Specialist with experience in the game industry, having worked at Nexon and PUBG in key roles related to business, marketing, and public relations. - COO: Yuly Hwang - Business Strategic Planning and Operation specialist with over a decade of experience at Samsung, where he contributed to global sales, strategy, planning, and marketing. - CTO: Ellie Huh - IT specialist and software engineer with experience at Samsung, Naver, and SAP, having worked on various blockchain projects. - CFO: Kenny Kim - Finance specialist with a background in finance and accounting, previously serving as the head of asset management for Credit Suisse and Nomura Financial Investment. - CLO: Zed Choi - IT attorney and risk management specialist, providing legal advice and guidance to companies. He is also a vice chairman of the Blockchain Task Force organized by the Korean Bar Association and mentors ICT startup companies.

Where Can I Buy AZIT (AZIT)?

AZIT can be traded on DEX KLAYswap since February 2022.

If you are new to cryptocurrency, you can refer to CoinMarketCap's easy guide on buying Bitcoin or any other token.