Securix ICO Review

in #blockchain6 years ago (edited)

Securix aims to introduced a profitable way of mining cryptocurrency that will earn investors reocurring income without having to worry about the volatility associated with cryptocurrency. The token jurisdiction for the project is Dubai with this trading name SECURIX /SECURIX.IO Chamber of Commerce / Licence NO 47001024 while the data centre location is in Netherland.

Dubai was chosen as the jurisdiction of the token because the city is a global hub for trade economThiics and innovation, and is looking to incorporate blockchain technologies into the daily economy. The United Arab Emirates aims to be the first blockchain-powered government in the world by 2020 . Netherland was chosen as the data center and headquarter of the company because it is well The Netherlands is well known for its consensus model in both politics and economics. Due to this, Netherland was chosen based on four main reasons which are trust, internet speed, infrastructure and political stability.

In order to achieve the goal of the project which is to make Blockchain and cryptographic technology simple and accessible to a broader audience, the company staff members and all its management all reside in Netherland. This means they are very close to where the mining operations are based.

Another thing that make the project exceptional is that it is not just a whitepaper with future tense of what they might do in the nearest future. This is evidence in their ability to have worked beyond the goal set in their roadmap when planning the project. It has been able to upgrade its electricity as well as infrastructure.

How Does It Work

Securix token gives you access to Securix mining service and, in turn, grants you the rights to a percentage of the total mined bitcoins (“gross mining revenue”) each month. As long as you are the owner of the tokens, our smart contract will transfer a portion of the gross mining revenue in Ether to your wallet each month.

Video Summary

Decentralized Energy Purchase

The EAN-to-EAN platform is a decentralised platform with fewer parties involved. Securix purchase directly from the green generator. Without intermediaries. Securix energy is delivered virtually through the electricity grid. From the supplier power connection called EAN number to Securix EAN numbers. Safe and secure to the mining location, the project aim for responsibility, sustainability and profitability.

What are the tokens used for and how will they appreciate in value?

The project has a good strategic in place that will sure make the value of the token to appreciate. Firstly, I need to let my readers know that the monthly dividends for token holders which are automatically sent to them by the smart contract will be in ETH not token.

A good study of the token distribution also show how serious and unselfish the team of this project are, 77% of the token are allocated for crwodasale, 15 percent are allocated as sole remuneration for the founders (locked for 12 months, then released in batches of 5% each month thereafter), 6 percent are for research and development and 2 percent are for the ICO Bounty Program. The contract for each token distribution can be found in the whitepaper of the project.

The company has two monthly investment strategy with 10% of monthly gross revenue which is aimed to increase the value of the token, these strategies include buying back of the tokens from the market and burning them to reduce the amount of token in circulation and buying new hardware and improve existing facility and infrastructure which will further expand the mining capacity of the company.

I also need to let my readers know that this is a token that gives monthly passive income from a business that has been proven to be highly profitable and with this all tokens holders will surely benefit from the business model. The token is also backed by tangible and verifiable asset which is rare in many projects out there and with the backing of asset, it means the token has real-life market value, so investing in this type of project with a committed team and proven business plan will be a good investment decision.

ICO Details

Token Symbol: SRXIO
Token Price: $1.00USD = 1 Token
Accepted Payment Method: BTC, BCH, ETH, USD/EUR/XMR
Token Standard: ERC20
ICO Round 1: Aug 04 – Sep 06 / 30% Bonus
ICO Round 2: Sep 07 – Sep 19 / 20% Bonus
ICO Round 3: Sep 20 – Sep 30 / 15% Bonus
ICO Round 4: Oct 01 – Oct 07 / 10% Bonus
ICO Round 5: Oct 08 – Oct 15 / 7.5% Bonus
ICO Round 6: Oct 16 – Oct 23 / 5% Bonus
Main ICO: Oct 24 – Oct 31 / 0% Bonus

Tokens and Funds Allocations

Roadmap

Useful Links

Project Website
Whitepaper
ANN Thread
Telegram Open Chat
Blog

Writer's Details
Bitcointalk Username: Adebits
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1249179

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