SprintX is creating a unique use for cryptocurrency

in #cryptocurrency6 years ago

SprintX

SprintX, there is a lot to this company than just a cryptocurrency. Don’t get me wrong however, their cryptocurrency is quintessential to their business plan but it is still just a component to achieve the true goal for there business. You see SprintX is perhaps the first company of its kind in the crypto industry.

The SprintX business model is to review ideas from entrepreneurs and developers and if they believe that the idea being presented to them has potential and is feasible then they will move all potential candidates and their ideas into the second phase of there operation which is the Fundacion Nova. They also offer the entrepreneurs with block chain technology and smart contracts to aid them in their endeavor. This is only the first step of what SprintX does.

Fundacion Nova

Fundacion Nova is a company that further reviews all potential ideas and ensures due diligence on there part. SprintX is in collaboration with Fundacion Nova to provide all entrepenuers with all the aid they need to fully realize their business idea. The function of Fundacion Nova is to place all ideas into an incubation period, the incubation period lasts 16 weeks on average. During this period the Fundacion Nova will set objectives for the developers designed specifically for their unique idea. They will also help all developers manage resources and offer them guidance when ever necessary.

SwitchX

SprintX does not only review ideas and provide help to those who come up with them they also perform ICOs for the entrepreneurs that successfully complete the Fundacion Nova. To be able to perform ICOs SprintX needs an exchange platform and that is where SwitchX comes in. SwitchX is the SprintX company’s exchange platform. Unlike most other crypto exchange platforms SwitchX will not only sell existing Coins it will also perform ICOs.

Another important factor about SwitchX is that it will provide very secure cryptocurrencies. Because as mentioned before SprintX the parent company of SwitchX will thoroughly review and screen all ideas presented to them before proceeding to the further steps. Which means any ideas that they believe will not provide much return on investment or are just simply unfeasible will be removed from there roaster. That means all cryptocurrencies that they do provide ICOs for should be legitimate, and secure investments.

However, something that makes SwitchX even better perhaps even the best crypto exchange platform so far is the fact that they offer hot and cold wallets. The cold wallet is extremely secure it is comparable to the wallets offered by MyEtherWallet and the primary purpose of these wallets is to store one’s crypto funds. Whereas the hot wallets are similar to those offered by most crypto exchange platforms and are primarily used for trading. On SwitchX users will receive both a hot and a cold wallet which will make transferring funds between the two wallets much more convenient.

SwitchX is a complete Crypto trading platform. Not only does it perform ICOs and provide hot and cold wallets but it also enables users to make crypto to fiat and fiat to Crypto transactions. Lastly and most importantly SwitchX will provide its users with a Crypto debit card which will be connected to there Crypto wallet!

Website: https://sprintx.io/

Whitepaper: https://sprintx.io/docs/whitepaper-sprintx-en.pdf

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