BTC $ 9,167.2 0.85%
ETH $ 270.78 0.24%
MARKET CAP $ 288 bln 2.14%
ICOs 5,468

FintruX

Trading
14,034 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 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 фев 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
Conrad Lin
Co-Founder & CMO
Aaron Xu
Front End Developer
Douglas Thiessen
Blockchain Developer
Philemon Selvaraj
Data Analyst
Nelson Lin
Founder & CEO

Advisors (4)

Hussein Hallak
Strategic Advisor
Dan Poh
Compliance Advisor
Elie Galam
Advisor
Abhijith Naraparaju
Blockchain Advisor
ICO Stats
Interesting ICOs
Active
Stellerro
Stellerro is the first Technological Underwriter of its kind, spearheading an innovative umbrella for the emerging digital securities offerings industry, ensuring companies meet the right compliance conditions of numerous regulated jurisdictions. Stellerro secure capital and financing through binding legal architecture. Stellerro tokenize illiquid assets into fractional holdings using smart contracts. Stellerro launch innovative liquid investments by issuing Digital Securities.
Upcoming
Newcater
Newcater is the e-commerce platform for unique and eco-friendly products with a number of apps and solutions supporting payments, delivery and community connectivity. In Newcater Ecosystem, every user can interact, swap, share knowledge and skills, contribute ideas and receive feedbacks, which create a circle of connections, support, sharing, shopping and income generation.
Upcoming
RecordGram
RecordGram looks to become the next disrupting force in the music industry. RecordGram’s vision is to establish itself as a decentralized mobile application that truly democratizes music collaboration and talent discovery. At the same time, it looks to provide those users who generate value on the platform, with an opportunity to get compensated for their involvement. All this is to be done by tapping into the power of blockchain technology and cryptocurrencies.
Upcoming
Unchainet
UNCHAINET connects underutilized server resources with clients who need them. Our blockchain protocols govern the network, align provider incentives with computing resource quality giving choices and transparency to the cloud client market.
Upcoming
Pharmeum
Pharmeum is the world's first blockchain-based prescription platform with AI health analytics, which is currently working alongside the National Health Service (NHS) in England. The Pharmeum platform is an inter-operable, decentralised, digital prescription platform running over an intelligent neural network. Empowering patients’ ownership of their medication history, and enabling affordable access to healthcare globally. Medical errors and late diagnoses are minimised by using a permissioned blockchain integrated with artificial intelligence. Pharmeum is an advanced, digitised, health eco-system.The Pharmeum blockchain will improve medicine affordability, minimise errors, and create frictionless, quality care for patients.
Upcoming
EPIKTOKEN
EPIK token powers BLMP, the world’s first B2B2C blockchain solution for officially licensed virtual goods. We have been working hard to create a fully functioning product, gaining 1,000+ brands and millions of monthly active users in just under 3 months. A unique feature of this token sale is Collectible Token Rewards – considering we have the main author of ERC-721 on our team and we specialize in ERC-721 collectibles, we thought it would be cool to reward purchasers with collectibles that grant special abilities.