BTC $ 38,308.28 -0.138315%
ETH $ 2,751.54 0.461085%
MARKET CAP $ 0%
ICOs 8,615

FintruX

Trading
21,584 Views
FintruX aims to make unsecured loans highly secure. Harnessing over two decades of experience serving the securitization sector, we apply cascading levels of credit enhancements to offer unprecedented risk reduction towards unsecured loans. Interest cost reduction is one of the most important motivations in securitization. It is often done via credit enhancement. We can apply the same principles to reduce the high interest rates normally associated with unsecured loans, making it attractive to both borrowers and lenders. Our goal at FintruX Network is to disrupt the way unsecured loans are being originated and administered. This innovative concept solves three major issues for small businesses, especially startups, to borrow from accredited investors and financial institutions. By applying credit enhancements, FintruX Network seeks to neutralize the lender's credit risk and, in the case of a default, provide cascading levels of insurances to cover the loss – thereby increasing the overall credit rating and lowering interest rates simultaneously. The four cascading levels of credit enhancement include over-collateralization as additional collateral, a local third-party guarantor, cross-collateralization as insurance, and FintruX ultimate protection reserve. A unique smart contract is generated and deployed by FintruX Network for each individual borrowing at real time to provide unambiguous, immutable, and censorship resistant records where no arbitration is required. In addition to simplifying the loan application process via instant matching, FintruX Network also provides borrowers with post-funding self-serve administration options such as refinance and prepayment. FintruX Network is a multi-sided marketplace and ecosystem that delivers value not just to borrowers and lenders, but also to third-party guarantors and specialized service agents. We are making borrowing and lending a no-brainer for both borrowers and investors.
General
Website: Visit
White paper: Read
Bounty: Bounty
ICO Time: 07 Feb 2018 - 28 Feb 2018
Country: Singapore
Token info
Ticker: FTX
Platform: Ethereum
Token Type: ERC20
Total supply: 100,000,000.00 FTX
Financial
Raised $ 25,000,000
ICO Price: ≈ 0.58 USD
Accepting: ETH
Soft cap: 5,000 ETH
Hard cap: 25,000,000 USD
Bonuses: Up to 5%
Screenshots taken 5 Feb 2018
Q2 2017
Ethereum R&D

Dapp R&D
Q3 2017
Concept Validation

Whitepaper Ready

Tokenization
Q4 2017
Focused Practise

Wireframe Ready

Partnerships
Q1 2018
Prototype Ready

Open Source

Funding

Team Expansion
Q2 2018
Alpha Test

Real Customers
Q3 2018
Beta Test

Network Development

Service Organization

Marketing

General Availability
Q4 2018
Go to Market

Scale the Platform

Extension
Gary Ng
CTO
Takes part in this project only
Conrad Lin
Co-Founder & CMO
Takes part in this project only
Aaron Xu
Front End Developer
Takes part in this project only
Douglas Thiessen
Blockchain Developer
Takes part in this project only
Philemon Selvaraj
Data Analyst
Takes part in this project only
Nelson Lin
Founder & CEO
Takes part in this project only

Advisors (4)

Hussein Hallak
Strategic Advisor
Takes part in this project only
Dan Poh
Compliance Advisor
Participates in several projects
Elie Galam
Advisor
Participates in a number of projects
Abhijith Naraparaju
Blockchain Advisor
Participates in a number of projects
ICO Stats
Interesting ICOs
Upcoming
ASENIX TOKEN
A web3 platform that supports and invests in teams committed to developing swift innovative long-term solutions to ocean pollution. Earn rewards on every buy and sell transactions.
Active
Launchpad xyz
Join our crypto whales on Launchpad xyz and find the next 10x trade. Tired of waiting on presale promises or getting dumped on? Launchpad xyz will show you how we find multiple 10x return trades every month. Learn how to become a winner with us and together we will reveal the secrets of web3 crypto trading. Buy your NFT access card with $LPX tokens and join our VIP trading channels.
Upcoming
TradeLeaf
TradeLeaf seeks to become the leading digital trade financing platform operating on a global scale, shaping the future of trade finance market. TradeLeaf acts as a systems integrator, uniting numerous solutions and services under a single platform supported by a complex architecture and effective technical practices. Trade Leaf is a technology company driven by a team of traditional trade finance business leaders, blockchain visionaries, venture investors, and tech entrepreneurs cooperating to disrupt the conservative and bureaucratized trade finance industry. We create, integrate, and provide institutional-grade FinTech solutions and services for all trade finance industry participants. Our goal is to cover the trillion market gap supporting SMEs and MSMEs on emerging market.
Active
yPredict
yPredict.ai is an ecosystem of AI/ML experts, financial quants, traders, and investors. The range of products includes analytical tools & platforms designed to provide insights and analytics through state-of-art financial prediction methods and metrics built with alternate data to make wise trading and investment decisions. Financial markets including crypto tend to lose their predictability due to a significant volume of trades being executed through sophisticated algos which tend to evolve and improve themselves, this changes the dynamics of price structure formations constantly and thus making financial markets incredibly difficult to predict for humans including price action traders who specializes in understanding and predicting market moves through price structure formations. With these complexities in financial markets, traders and an investor are left with extreme noise and no statistical edge. As the majority of market participants rely solely on news and public opinion on social media and trading signals from dishonest signal providers. This is where yPredict.ai aims to bridge the gap and play a significant role, by providing access to data-driven insights, proven analytical metrics, and a prediction marketplace where financial data scientists can offer results/signals generated through their predictive models as a monthly subscription service. yPredict.ai platforms including the marketplace would provide them with a market to sell their model predictions as a service. Thus leveraging and harnessing their skills without the need of dealing with trading operations or having to find a market for their predictive models.
Upcoming
Stealthcrypto
The StealthCrypto® utility token will be the native cryptocurrency of the StealthCrypto® system. Funds collected through the token sale will be used to develop as well as activate and purchase StealthCrypto Cloud® products and products in the StealthCrypto® ecosystem. The values of StealthCrypto® tokens are fully dependent upon the developments of Stealth Grid™ and market demand.
Upcoming
ORCA Alliance
Control your money, savings and crypto assets from one application. Benefit from simple and intuitive user interface to manage your cash flows. ORCA Platform merges a variety of financial service providers. Access payment cards, lending services, make instant transactions to crypto wallets, exchanges and bank accounts.