FAXPORT: Sporting Business Investment collaboration with Swift Profit.

cliffdex (25)in #bitcoin • 7 years ago (edited)

INTRODUCTION TO THE FAXPORT BLOCKCHAIN PLATFORM

The amount of sporting transactions that goes on in the world cannot be overemphasized. Million dollar sport projects springs up on a daily bases as man enjoys his leisure with sports. Profit making is the pride of all investments. But then, investing in a more functional manner and adding value to life is what matters, for this is the essence of business in general with a profit mindset, for this is the way to make exchanges with respect to buying and selling as a key approach to trading and investment. Blockchain platform over time has been a sure and secure mode for such business mode either limited or unlimited transactions translating into the strongest path of technology and its usage for business concepts and growth. Thus, it has led to the welcoming idea of Faxport cryptocurrency platform. Ideally, the Faxport platform is a framework set aside to change the face lift of business with sports thereby incorporating the sporting dynamics as well as harnessing talents.

ABOUT THE FAXPORT CRYPTOCURRENCY BLOCKCHAIN PLATFORM

Faxport came into existence when a team of intellectuals with competent knowledge of sports in diversity came together using a blockchain based business service platform for both development and operations. Also, Faxport uses the blockchain's preferences of being decentralized, having secure encryption, being unalterable, and free from need of focal put stock in associations, centering on its use in its center business of games venture stage, sports business database, proficient informal organization, enlistment, crowdfunding, and so on. In 2018, Faxport which is generally known as Faxport Holding Limited was globally registered in Seychelles, where it directly connects with global sport investors, service providers and consumers through a decentralized blockchain network thriving in the sports business market globally providing the needed platform and information in building for trust and making innovations for a sporting ecosystem that is generally accepted.

WHY CHOOSE FAXPORT?

There are a lot reasons why you need to choose Faxport, so many goodies awaits you as you join the Faxport moving train. This reasons ranges from:

1. Faxport is an ecosystem that aims at proffering possible solutions to the challenges and problems affecting developing global market. With Faxport, be sure of the following in your sporting dealings; · Security · Transparency · Efficiency Then undertake low value, short time distinction, and move-national boundary capital buying and selling and transfers, and from which essentially resolve the phenomena of fraud inherent in fee exchanges and transfers.

2. With Faxport you are sure of joining the growing number of sports lovers in the sporting industry, as well as improvements in the mobility of the global sports industry creating positive impacts as you add to the market scale growth. With the following analysis now;

- 25% - Global GDP Growth

- 20% - Global Sport Market growth

- 12.5% - Rate of increase of employment in global sports industry

- 5% - Global sport industry growth

With a present statistics in china in the year 2017 which reports that there are as many as 434 million people who actively engage in sporting activities and still counting, ranging from football boot hobbyist, the runner, the overseas student who enrolled in sports degrees, corporate sporting events or competitions.

3. Faxport is presently developing the most mainstream professional sports business service platform in the world.

4. The Faxport is based on the Ethereum smart contract blockchain which is commonly recognized, extensible, standardized, and fully realized.

5. Faxport is a platform that discovers and harnesses young talents to lime light where they will shine to live there dream.

6. Faxport is just the perfect platform that links sports industry professionals worldwide

7. With Faxport, a global network will be established to connect practitioners to the sports industry based on business database platform.

8. Business collaboration and talent recruitment is sure with Faxport.

SPORTS CROWDFUNDING PLATFORM

Through community voting, smart contracts and other blockchain technologies, Faxport introduces a community autonomy sports investment. Also, a crowdfunding platform is constructed. Users support the subject including but not limited to athletes, events, startup projects and products in the community by using the ballots they have.

THE FAXPORT TOKEN

Faxport issues a token known as FAS. FAS can be used to buy FX (a useable Faxport token on Faxport platform) with discounts.

FAS is also the standard investment equivalents on FAX GO crowd funding platform. Raising client maintenance through the selection of positive consolation and debate determination instruments, and furthermore endeavor to develop into more utilization zones and districts.

FAX GO is a sport crowd funding Platform with various methods for many great sporting products and projects. FAX GO uses structures, for example, network voting and keen contracts to develop a mechanical arrangement upon the blockchain, uniting with FAS, BTC, and ETH as the encrypted money used to settle records, and fabricate a decentralized games crowdfunding stage.

THE VALUE OF FAS AND FX

The token circulated by Faxport is based on the Ethereum standard Erc20 and has the transaction code FAS. FAS can be used, in addition to the legal tender, to purchase FX credit on Faxport (the value of 1 FX credit is fixed at US$0.1), allowing further purchases of all kinds of service products on the platform. There is a 15% discount for using FAS for purchases compared to legal tender. The value of FAS will grow as the numbers of users and clients of the Faxport platform grows, with transaction prices rising on market transaction segments in tandem. In addition, there will be a 15% dividend for FAS holders every quarter based on the transaction service charge on the Faxport platform.

Faxport: REWARD MECHANISMS Faxport has built a complete set of reward mechanisms. These mechanisms are based on Ethereum’s smart contracts, which ensures that they are open, fair, trustworthy and enforceable. User can use FX to purchase VIP services such as in-depth reports, business networking, and talent recruitment from within the platform. The user obtains FAS either at the ICO stage or during the transaction stage during a subsequent transaction. FAS can also be exchanged the corresponding amount of FX on the Faxport website by current market values. Example: If the market value of FAS is US$1, then 1 FAS=10 FX; if the market value is US$10, then 1 FAS = 100 FX.

THE FAXPORT ROADMAP

November 2016: The Faxport project team is set up

February 2017: Faxport beta operational

May 2017: Database covering 40000 projects and companies established

August 2017: Faxport enters into a partnership with the Chinese firm Kuaitiyu (no blockchain solutions proposal)

November 2017: Media, recruitment and user system completed

February 2018: Faxport reached a co-operative intent in Japan

March 2018: FAS Pre Sale

April 2018: FAS formally launched

June 2018: Faxport officially engages in work in Japan

Q3 2018: Reward systems for recruitment, investment and financing, and users are completed atop the blockchain product

Q4 2018: Entry into the Korean, Hong Kong, and Taiwanese markets; FAX GO demo Launch