Review and analysis of ICO INVOX Finance

in #blockchain • 6 years ago (edited)

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Official site

To date, there are problems with the traditional provision of invoices to business partners due to the fact that the financier does not have direct contact with the buyer. Thus, the financier simply relies on the trust factor, and believes that the information provided by the seller will be true. As a result, the relationship between the seller and the buyer is not completely transparent to the financier, which makes it difficult to do business. The very concept of an invoice is a document of a strictly established pattern that the seller issues to the buyer after the goods leave and serves as the basis for accepting to deduction or reimbursement of the value added tax.

The project Invox Finance is able to solve the problem of trust between the buyer and the seller, dispel all doubts that may arise from both parties, ensure the legality of the transaction, based on the technology of a smart contract. As a result, the services that the platform will provide will be in demand for their users. Sellers who have invoices that they want to use in trading processes will be able to increase their profits, as well as obtain financing at more affordable rates. Buyers, in turn, will be given a longer period of time to pay bills, and the opportunity to receive bonuses and discounts from the company. The third participant of the platform will be investors, before whom the world of "investments" will open, in which they will be able to raise their income level and expand their investment portfolio.

Project advantages:

- The use of a loyalty system for sellers on the part of financiers related to the reduction of the interest rate;
- The platform will ensure transparency of operations, which in turn will increase trust between all its participants;
- For financiers, the project will be the best site that will ensure the security of operations;
- For investors, there is ample opportunity to use any project services;
- Improvement of key moments of invoices;
- The ability to build a contact bridge between all its participants using a single site. As a result, they will be able to communicate with each other, exchange contact information, share the necessary information;
- The possibility of obtaining a loan on more favorable terms.

About the project's token and distribution:

The internal currency of the project will be a token, the standard ERC-20, INVOX. With this token, sellers will have access to the Invoice Finance payment system. Also this token will be used for rewards of buyers and sellers.

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ICO conditions:

Name of the token: INVOX
Standard: erc20
Total number of released tokens: 464 000 000
Stages of ICO depending on the size of the proposed bonus: 1 stage - 03.04-28.04(20%), 2 stage - since April 29 (10%), 3 stage - since May 20 (5%), 4 stage - since June 10th (no bonus)
Price of the token: 1 ETH = 10 000 INVOX
Accepted currency: ETH
Pre-sale Max Cap: 2 941 ETH
Max Cap: 20 000 ETH

Road map:

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The project team:

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Conclusion:

Analyzing this project, we can conclude that the platform will be very profitable for use and sellers, and investors, and buyers. Sellers will increase the size of their cash flow, buyers will be more relaxed due to an increase in the timing of settlement of accounts, and investors will expand their investment portfolio.

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More information can be found here:

Website | Whitepaper | ANN Thread | Bounty Thread | Facebook | Twitter | Telegram

Author:

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0x8E65028a1b1F35bcfFf35f97CB59c272a48012cf

#ico #cryptocurrency #money #invox
6 years ago in #blockchain by
$0.04
  • Past Payouts $0.04, 0.00 TRX
  • - Author $0.04, 0.00 TRX
  • - Curators $0.00, 0.00 TRX
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    • [-]
     6 years ago 

    Good overview! This project is interesting for me

    [-]
     6 years ago 

    Thanks to the author for the review, I have not seen this project before, but now I'm interested!

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      [-]
       6 years ago 

      Спасибо за наводку. Интересный и перспективный проект, поучаствую!

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        [-]
         6 years ago 

        A curious financial tool in advanced technology.

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          [-]
           6 years ago 

          Well done. The project is waiting for success. Thank you for your good review.

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            [-]
             6 years ago 

            Hi, great review, I will take part in this project

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              [-]
               6 years ago 

              Интересно будет посмотреть за развитием, как команда будет реализовывать все свои планы, пока звучит круто и выглядит очень оптимистично! Спасибо за обзорку

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                [-]
                 6 years ago 

                Great idea! Thank you for the article.

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                  [-]
                   6 years ago 

                  Extremely interesting article. This project has already interested many investors and ordinary people with its idea. I believe that such projects are the future. It's time to change humanity for the better! I thank the author for the review!) I subscribe to you

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