AnonyDoxx: Protecting Digital Identity and Privacy

What is AnonyDoxx

Friends, imagine in the vibrant world of blockchain, we often encounter all kinds of projects and people. But just like in the real world, we always hope to know that the counterpart we are dealing with is real and trustworthy. AnonyDoxx (ADXX for short) is like an “identity verification expert” in the blockchain world.

Its main function is to use advanced artificial intelligence (AI) technology, combined with biometric data and background checks, to verify the identities of individuals, developers, companies, employers, and even blockchain experts. You can think of it as a very smart “digital detective” that helps everyone confirm the authenticity and professionalism of the other party.

After successful verification, these recognized individuals or entities are invited to join a “Vault Verified blockchain network.” This network is like an “elite club” composed of rigorously screened professionals. Project teams, employers, and investors can find verified projects in this network, recruit professional blockchain talent, and even automate their recruitment and onboarding processes.

In short, AnonyDoxx’s target users are individuals and organizations who want to build trust in the blockchain field and seek reliable partners or talent. Its core scenarios include: Know Your Customer (KYC), enhanced due diligence, recruitment, and fraud prevention.

Project Vision and Value Proposition

AnonyDoxx’s vision is very clear: it aims to solve a common problem in the crypto world—an abundance of fraudulent and non-compliant projects, and the difficulty for investors to quickly and effectively obtain real project information.

It hopes to eliminate bias in recruitment and the workplace through its unique verification mechanism, allowing everyone to confidently showcase their abilities and value, while providing employers with key information about candidates’ dedication, integrity, and identity. It’s like building a bridge of trust for the blockchain world, making information more transparent and cooperation smoother.

Compared to similar projects, AnonyDoxx’s uniqueness lies in its combination of proprietary advanced AI technology, biometric data, and background checks, forming a process called “Vault Verification.” This process is designed to verify identity, background, and qualifications with greater speed and accuracy, helping partners of all sizes build outstanding teams. It’s not just simple identity verification, but a comprehensive solution aimed at enhancing the trust and efficiency of the entire ecosystem.

Technical Features

The core technology of AnonyDoxx is its proprietary advanced AI system, which can integrate biometric data and background checks to verify individuals globally. You can imagine this AI as a very smart and meticulous examiner who not only looks at surface information but also digs deeper to ensure the authenticity of the information.

This project runs on the BNB Smart Chain (BSC). BNB Smart Chain is an efficient and low-cost blockchain platform, and many decentralized applications (DApps) choose to run here. The ADXX token is a BEP20 standard token; BEP20 is a technical standard for tokens on BNB Smart Chain, similar to the ERC20 standard on Ethereum, ensuring token compatibility and interoperability.

All verified information will be recorded on the blockchain, forming an immutable distributed ledger. This means that once information is recorded, it is difficult to modify or delete, thus ensuring data transparency and security. In terms of data privacy, AnonyDoxx promises to obtain user consent when collecting and processing biometric data, and will only share this data with authorized third-party vendors to provide services, never selling users’ biometric data. This data will also only be stored for the period required for verification.

Tokenomics

The token of the AnonyDoxx project is ADXX, which runs on the BNB Smart Chain (BEP20).

Basic Token Information

• Token Symbol: ADXX
• Issuing Chain: BNB Smart Chain (BEP20)
• Total Supply: 100,000,000,000 ADXX (i.e., 100 billion). It is worth noting that earlier versions of the whitepaper mentioned a total supply of 1 trillion, but the current mainstream exchanges and project self-reported data are both 100 billion.
• Circulating Supply: Regarding circulating supply, data varies across platforms. Coinbase shows 0, while CoinMarketCap shows a self-reported circulating supply of 100 billion by the project, but the CoinMarketCap team has not verified this data. This indicates that the current circulating supply data is unclear or unverified.

Tokenomics Features

A notable feature of the ADXX token is its transaction mechanism. Every time ADXX tokens are traded on-chain (buy, sell, or transfer), a 6% transaction tax is charged. This tax is allocated to different uses according to the project’s set proportions, such as rewarding holders (reflection mechanism), marketing, product development, security partners, and the development team. Earlier whitepapers mentioned a 16% transaction tax and a dynamic sales tax mechanism, but current exchange announcements show it as 6%.

Token Utility

The ADXX token mainly serves as a store of value within the AnonyDoxx ecosystem and is used to settle various transactions on the platform. For example, when employers recruit talent through the platform or project teams seek verification services, ADXX tokens may be used as a medium of payment or incentive.

Team, Governance, and Funding

There is little detailed information about the core team members, specific governance mechanisms, and funding operations of the AnonyDoxx project in public sources.

From the tokenomics, we can see that part of the transaction tax is allocated to the “development team,” “marketing,” and “product development.” This indicates that the project has a dedicated team responsible for development and operations, and supports these activities through token tax revenue. However, specific backgrounds of team members, their professional experience, and the project’s decision-making process (such as whether there is a decentralized autonomous organization, DAO) are not detailed in the available information.

For a blockchain project, team transparency and sound governance mechanisms are important factors for long-term development. Investors and users usually pay attention to this information when evaluating a project.

Roadmap

Currently, no detailed roadmap planning, including major milestones and events in the project’s history and specific future development plans, has been found in AnonyDoxx’s official materials and public information.

A clear roadmap usually shows the project’s development stages, goals, milestones, and expected completion times, which is crucial for the community to understand the project’s progress and future direction. The lack of a public roadmap may make it difficult for potential users and investors to fully assess the project’s long-term potential and execution capability.

Common Risk Reminders

Friends, when learning about any blockchain project, we must keep a clear mind and recognize the risks involved. AnonyDoxx is no exception. Here are some common risk reminders:

• Technical and Security Risks: Although AnonyDoxx emphasizes its AI and biometric verification technology, any technical system may have vulnerabilities. The collection and storage of biometric data, even with privacy protection measures, always face the risk of data leakage or misuse. In addition, the security of smart contracts is also crucial; if there are vulnerabilities, it may lead to asset loss.
• Economic Risks:
  • Price Volatility: As a cryptocurrency, the price of ADXX tokens may fluctuate sharply, or even go to zero. Market sentiment, project progress, macroeconomic environment, and other factors may all affect its price.
  • Liquidity Risk: Currently, the circulating supply data of ADXX is uncertain, and market trading volume is relatively low. This means it may be difficult to quickly buy or sell large amounts of tokens when needed, affecting trading efficiency and price.
  • Transaction Tax: The 6% transaction tax increases trading costs, which can be a significant burden for frequent traders and may affect the token’s attractiveness.
  • Data Inconsistency: There are significant differences in key data such as total supply, circulating supply, and market cap of ADXX across different platforms. This lack of transparency and inconsistency increases the difficulty and risk of investment decisions.
• Compliance and Operational Risks:
  • Regulatory Uncertainty: Global regulatory policies for cryptocurrencies and blockchain projects are still evolving. AnonyDoxx’s identity verification services may involve sensitive personal data and may face stricter compliance requirements in the future.
  • Project Progress Opacity: The lack of a public roadmap and detailed team information makes it difficult for outsiders to effectively monitor the project’s progress and operations.
  • Market Competition: There are other competitors in the identity verification and decentralized recruitment space. Whether AnonyDoxx can stand out and realize its vision remains to be seen.

Please remember: The above information is for reference only and does not constitute any investment advice. Be sure to conduct thorough independent research (DYOR) and consider your own risk tolerance before making any investment decisions.

Verification Checklist

To help everyone better understand the AnonyDoxx project, here is a verification checklist. You can use these links to obtain more official and on-chain data:

• Official Website: https://www.anonydoxx.io/
• Whitepaper: https://docs.google.com/document/d/e/2PACX-1vTnarPDfVNl3qaS0gH869tXdf5ulhn17iBnLiYV_w4yIgg4xtp1DL7blQ6sMc9Csw/pub
• Block Explorer (BSCScan Contract Address): https://bscscan.com/token/0x1de305515a132Db0eD46E9fA2aD2804F066E43E3
• Twitter: https://twitter.com/anonydoxx
• Telegram: https://t.me/anonydoxx
• GitHub Activity: No GitHub repository link has been found in public sources so far. It is recommended to look further on the official website or in the community.

Project Summary

In summary, AnonyDoxx (ADXX) is a project aimed at solving trust issues through blockchain technology. It focuses on using advanced AI, biometrics, and background checks to verify the identities of individuals and entities, thereby building a trustworthy network of blockchain professionals. Its vision is to eliminate recruitment bias, improve information transparency, and provide more reliable decision-making references for investors and employers in the crypto world.

The project runs on BNB Smart Chain, the total supply of ADXX tokens is 100 billion, and there is a 6% transaction tax. However, key data such as the project’s circulating supply and market cap are inconsistent across different platforms, and there is a lack of detailed roadmap and team information, which brings certain challenges to the project’s transparency and evaluation.

The problem AnonyDoxx aims to solve is indeed significant in the blockchain field, especially in decentralized identity (DID) and the Web3 talent market. But as an emerging project, it also faces various risks in technology, market, compliance, and economics, particularly regarding the liquidity and price volatility of its token.

Once again, all the above information is only an objective introduction and analysis of the AnonyDoxx project and does not constitute any form of investment advice. The cryptocurrency market is extremely risky. Be sure to conduct thorough independent research and make prudent decisions based on your own situation. For more details, please be sure to research the project’s official materials yourself.