Access Network is constructing a World Bank for the Unbanked, complete with self-governance, incentives, and mass distribution. Access' own ACX tokens are used to: - Reward the growth of a decentralized banking infrastructure - Vote on applications they want built - Unlock increased application usage - Pay for fees at a discount or - Trade-in for useful rewards such as smartphones - Access Network partners with local banking platforms like Atlas Money--- a system of branchless bankers who provide door-to-door financial service to their local communities. Atlas' self-employed agents attend to the financial needs of their clients daily. Carrying just a smartphone, Atlas agents service people who were excluded from participating in the global economy.
The ACX Network is a self-sustaining token economy that empowers participants to define financial access for themselves. Participants are incentivized to create long-term value for one another by democratically controlling the distribution of the Network’s Incentive Pool. These interactions are enabled by a modular suite of smart contracts that self-amend and distribute funds throughout the ecosystem according to the will of the network.
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