Invox Finance - invoice loan platform that enters the invoice financing industry worth US $ 2.8 trillion

chaukhchi (26)in #cryptocurrency • 6 years ago

https://www.invoxfinance.io/ announces ICO where initial participants are invited to join this project and contribute to the lowest possible price.

Blockchain technology provides a digital trust mechanism for humans that increases the efficiency of value exchange and reduces the cost that will come closer,and here we will introduce the Invox Finance.

About Invox Finance

The Invox Finance platform is an invoice loan platform that enters the invoice financing industry worth US $ 2.8 trillion. Several sellers and buyers test the Invox Finance Platform with ABR Finance as a trusted investor. ABR Finance is a successful invoice finance company and has helped fund business in all over Australia with A $ 30 million in invoicing. Because the team at ABR Finance Pty Ltd is behind Invox Finance and ABR will be the first customer of Invox Finance.

Platform will comprise of the following:

The Blockchain or Distributed Ledger (Ethereum Network)
Dynamic Invoice Smart Contracts
Loans Smart Contracts
User Access and Processing Hub

Advantages Invox Finance

Transparency Any interested party, which has permission, can view the terms of the transaction on the blockchain ledger.
Reduced counterparty risk Once the transaction is established between the parties and deployed on the blockchain, the execution of the terms of the smart contract cannot be stopped, interfered with or manipulated.
Reduced fraud risk Smart Contracts, together with invoice verifications, reduce the risk of fraud and manipulation by any one party - Smart Contracts exist on the distributed ledger and therefore cannot be manipulated or interfered with by a single party.
Decentralised Smart Contracts eliminate the risk of trusting the centralised service provider to maintain the integrity of the transaction. The service provider does not have any direct involvement in managing the execution of the terms of the smart contract or the flow of funds between parties.

Invox Tokens

In conjunction with the Invox Finance Platform, an Invox Token will be created on the Ethereum Network. Invox tokens will utilise the ERC-20 token standard and will have the following utility:

Provide Access
The Invox Tokens will provide sellers with access to the Invox Finance Platform. Through the Trusted Member Program each seller will be required to hold a certain amount of Invox Tokens to gain access to higher levels of invoice financing.
Reward Work Performed
The system will reward buyers and sellers with Invox Tokens for the verification and payment of invoices.

Funds Breakdown

Marketing - Estimated at 45 %
Ensuring that there is a strong user base and community will be one of the key areas of focus for the management team in the early years of Invox Finance.
Internal Investment Fund - Estimated at 20%
An internal investment fund will be created to ensure that there is sufficient initial liquidity within the system.
System Development - Estimated at 15%
The other key focus for the management team will be executing the Invox Finance Platform’s software and system development.
Professional Services - Estimated at 19%
This will cover all legal, accounting, auditing and any other professional services required by Invox Finance as well as the overhead costs.
Miscellaneous - Estimated at 1%
This expenditure item allocates funds to all unforeseen costs.

Token Allocation & Sales Structure

Roadmap

Q3 2017
Idea formulated
Q4 2017
Incorporated as Invox Finance Pty Ltd
Q1 2018
Proof of concept code and testing
Q1 2018
Wireframe
Q1 2018
V1 of the whitepaper
Q1 2018
V1 of the website
Q1 2018
Presale began
Q1 2018
Presale sold out
Q2 2018
V2 of the whitepaper
Q2 2018
V2 of the website
Q2 2018
Complete ICO
Q2 2018
Distribute Invox Tokens
Q2 2018
Mockup complete for buyer, seller and investors journeys
Q3 2018
First invoice issued on alpha platform
Q4 2018
Initial user testing on beta platform
Q1 2019
Invox Finance debit cards become available
Q2 2019
Mobile application testing
Q2 2019
Integration with Celsius
Q2 2019
Launch into second region
Q3 2019
Mobile application release
Q4 2019
Launch into third region

Team

Advisors

For more information and updates on the project and its development, including many interesting details about team composition, support and technology, interested parties are invited to join the whitelist by filling out the appropriate form on their website https://www.invoxfinance.io/.

Join our whitelist https://www.invoxfinance.io/docs/Invox-Whitepaper.pdf to get the token. The Token Sales Team The gameloot network is our platform's first client. We run a referral program on a decentralized platform for Pre-ICO and Token Sales.

Official Website : https://www.invoxfinance.io/

whitepaper : https://www.invoxfinance.io/docs/Invox-Whitepaper.pdf

Join to Telegram Group : https://t.me/InvoxFinanceCommunity

Medium : https://medium.com/@invox_finance

Instagram : https://www.instagram.com/invoxfinance/

Linkedin : https://www.linkedin.com/company/invox-finance/

Github : https://github.com/invoxfinance

ANN Thread : https://bitcointalk.org/index.php?topic=3048498.0

Facebook : https://web.facebook.com/invoxfinance/

Twitter : https://twitter.com/InvoxFinance

My Bitcointalk Name : chaukhchi

My Bitcointalk Url : https://bitcointalk.org/index.php?action=profile;u=1370037