## AXEL Token (AXEL)
The AXEL Token facilitates data transfers across the AXEL Network. It is a Proof-of-Stake utility token that Masternode holders must stake to participate in the Network.

## AXEL
AXEL builds software solutions that incorporate new technologies such as blockchain and the InterPlanetary File System. AXEL holds over a dozen patents in a variety of different categories including Content Management Systems (CMS), File-sharing Systems, Media Distribution Systems, File Access Permissions, Blockchain Technology, and Cryptocurrency Technology

## AXEL Go
AXEL Go is cloud storage and file-sharing application with integrated security and privacy technology. It uses decentralized, distributed server infrastructure and robust encryption.

The AXEL Token is needed to share files on the AXEL Go Platform and across the AXEL Network.

## The AXEL Network
The AXEL Network has a global footprint, utilizes a decentralized and distributed infrastructure, and is powered by Masternodes.

Masternode operators are critical to building a decentralized Network that can be trusted with sensitive information. Masternodes facilitate file transfers while securing and authenticating transactions on the AXEL Network. Masternode holders are rewarded for their hardware contributions and overall participation in the AXEL Network by earning AXEL Tokens (PoS).