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Most Financing is originated via third parties such as brokers and other intermediaries. This adds costs, time and complexity to the process. Furthermore, the administrative process is usually labor intensive. Most Financing contracts are difficult to understand and special instructions such as trade-up, buyout, refinance, prepayment, end-of-term processing, etc. are largely manually performed on spreadsheets.Most systems employed by investors are not fully automated, records are mutable, censored, and subject to the patriot act of the country of domicile.The Financing industry has not yet adopted or embraced new technology to meet the demand of new products and the increasing concerns about data privacy, increased competition and changes in consumer behavior is moving them in this direction.
Financing processes that manage risk, premiums and claims typically involve a significant exchange of data between multiple parties. Currently, the different parties would store their own copies of data, and process it individually. This makes it difficult to synchronize and collaborate through a shared process.Online financing portals attempting to bypass the intermediaries have failed to address the above issues.
FINTRUX IS THE WAY
FintruX is the world’s first blockchain based online marketplace and automated administration platform for Financing connecting borrowers and investors, enabling them to configure and automatically construct each borrower contract real-time.
FintruX enables borrowers to create their own fully customized and
simplified smart contracts on the Ethereum blockchain with no code; for every contract.
We make financing a no-brainer for both borrower and investor.
Our technology platform supports this innovative market / administration model for effective connection and processing of
demand and capital supply. Our platform also eliminates the need for physical infrastructure and provides
convenience and complete automation, improves efficiency, reduces manual processes and improves the overall
experience of borrowers and investors. FintruX is the world's first block-building, based on the online market and an automated administration platform for financing;
By connecting borrowers and investors, allowing them to customize and generate each contract in real time.
Our technology platform supports this innovative market / administration model for effective connection and processing of
demand and capital supply. Our platform also eliminates the need for physical infrastructure and provides
convenience and full automation, improves efficiency, reduces manual processes and improves the overall
experience of borrowers and investors.
BENEFITS FOR INVESTORS
Investors can save significant labor costs
associated with the administration of the contract.
· Access to innovative asset classes
· Excellent credit experience
· More satisfied customers
· Attractive incomes
· No maintenance costs
· No upfront costs
FintruX token
The FTX Token is used to power the FintruX platform and works as a mean to reward or get rewarded for participation in the marketplace. Each activity on the platform has an associated cost specified in FTX. As activities are carried out on the platform, FTX is transferred from one participant to another. As a result of executing these activities, the platform will be rewarded a fee.
FTX will be issued during our crowdsale. Once completed, no further tokens will be generated. The sale will last three weeks
from the 8th of November to the 29th of the same month.
A maximum of 100,000,000 FTX tokens will be generated, of those 25,000,000 tokens will be kept as reserve.
A maximum of 75,000,000 FTX will be sold during the crowdsale, any remaining tokens will be burned
The sale of tokens will take place on November 8 until the 29th, where up to 100,000,000 FTX tokens will be created.
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