FintruX Secure P2P Debt Ecosystem 'Secures Non-Safeguarded Credits'

 

  

FintruX is a blockchain project that provides a P2P (peer-to-peer) network for market payment. FintruX Network is the first blockchain-based online marketplace and automated management platform anywhere in the world that connects debtors, lenders and specialized service agents. Thus, each borrower can configure and construct the contract in real time. Platform; borrowers, lenders, and service agents, thus making each borrower's contract in real time. This provides an efficiency level in today's credit markets. Better productivity is only one of the many advantages this platform offers.

 

 

Advantages of FintruX:                                                                  

                                                             

Anyone who gets a loan with the traditional method knows that this is not an easy process. Fees, brokers and paperwork are expensive and take a long time. FintruX has some advantages for borrowers and lenders compared to these old processes. I tried to explain the advantages below                                 

                                                                       

Benefits for the Borrower:                                                                                                                 

Transparency and justice                                                                                                                         

The cheaper transaction fees                                                                                                                                                                                                                                     

Fast and efficient funding                                                                                                                         
Benefits for lender:                                                                                                                                   

Relatively low investments                                                                                                                                                                                                                                              

Lenders do not have initial cost                                                                                                           The effective lending process is completely automatic

How Does Fintrux Work?                             

The biggest difference is that the Fintrux system can be insured in case the investor can not pay. This will make the investment easier, because there will be less risk in the transaction.

                         

FintruX plans to use smart contracts for every contract on the platform. The contracts will be as clear as possible in order to remove the risk of disagreement.It will also be an instant matching service to help people find matches and to lend or borrow money easier than you normally would.          

The company holds 10% of every loan that is lent as collateral. If a person does not pay their debts, they are insured by the company. This may seem bad for some borrowers who will only receive 90% of the money, but they will pay lower interest rates.    

                               

 

FintruX Token (FTX):

The FTX token is based on an ERC-20, so you can keep it in your Ethereum wallet. Token's FintruX ecosystem has many uses listed below. 

Transaction execution award

Token collateralization reserve

Good behavior awards, bad behavior punishments

Award for information

Platform access

API license

FTX does not represent any ownership right or interest in FintruX, it is considered as a utility token. When activities are performed on the network, FTX is transferred from one participant to another. This means that it will be derived from the use of the value platform of the token.

ICO Details:

The ICO began on 7 February 2018 and will continue until 28 February 2018. ETH will be accepted for payment. Base price will be 1ETH: 1500 FTX. The minimum payment amount is 0.1 ETH. There is no limit for the maximum payout amount. Bonuses are shown in the table below:   

 

Token Distribution:

As already mentioned, 75% of the ring is sold. The remaining 25% is allocated between crews (locked for 10 and 12 months), collateralization reserve (5%) and FintruX reserve (10%). FintruX is used to reward reservists, consultants, early participants, bounty programs and provide liquidity when needed.

 

Fund Breakdown:

Breakdown of funding breakdown is the main development (40%), operational (25%), marketing (25%) and legal (10%). Projects built with the most advanced technology should devote the majority to development and operations. Legal, this area is also very important, because there are a lot of unknowns.

 

Result:

The FintruX project is working to solve real problems in the lending market. Someone who knows Blokchain technology knows that everything that is financial will be solved with this new technology. It is an ambitious project and there is a successful and experienced team to realize it. You can invest in Fintrux without worrying. This company can certainly be a good investment for you.

 MORE LINK INFORMATION :

Websites: https://www.fintrux.com

Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2286042

Whitepaper: https://www.fintrux.com/home/doc/whitepaper.pdf

Facebook: https://www.facebook.com/fintrux

Twitter: https://www.twitter.com/fintrux

Telegram: https://t.me/FintruX

AUTHOR:

adiet188

My Profil Link: https://bitcointalk.org/index.php?topic=2101606.0

MEW:0xE2D461B41fADB9491BA19420D08E63d4A01e6B90