A trip through tokens
Tokens are the new hot thing out there. You buy them through digital currencies or Cryptocurrencies such as; Ether and Bitcoin.
What is a Token?
It basically signifies your participation in a starting investment. Therefore, the more money you pay the more tokens you get. So how can you use those tokens? You can use them to buy future services from the company. However, this is not the only option you have, where you can also sell the tokens. Unlike the IPO when you buy tokens you don’t actually own shares or parts of the project. Alright, so the question is why would you put your money in something you wouldn’t own? What can guarantee that you will not lose the money or be a victim of fraud? The answer to that is "Smart Contract".
What is a Smart Contract?
This is an agreement between the ICO messaging company and the token holder. This ensures that the investor gets what they were promised whatever it is from buying the tokens. Of course, you have to go through every part of the Smart Contract to understand what you are offered and the profit you should expect.
Why invest in an ICO?
It is a great investment that has an extremely high profit if done right. First, you can get great benefits in the future depending on the smart contract. Furthermore, the tokens price can rise quickly so you are able to make money by selling and buying tokens in time and this kind of similar to the stock exchange. As a proof of how much of a great investment it is "Neo" which is a Cryptocurrency that did great in the market. It started with Thirty Three Cent per token and today it is worth one hundred and seven dollars. Just thinking about calculating the revenue is astounding.
Avoid scam
It's true that ICO is all about decentralization and regulation free. However, would you give your money to a complete stranger? Not a chance. Therefore, you have to know the team or at least the founders. Another thing, if the revenue percentage is higher than the average that's an alarming sign, it might not necessarily be a scam, yet just do a better investigation there must be a really good reason for it. Last but not least, the roadmap. If it is not clear or detailed you have to give a second thought.
A trusted platform…
Fenix Trade, it is really simple actually. It is a trustworthy platform for selling and buying products and services for Cryptocurrencies. Why buy tokens from this specific platform? When you check the websites you will be hundred percent sure it is not a scam. First of all the team members are mentioned with their names and positions. Moreover, the roadmap is clear and detailed. The goals are set clearly with the time span of achieving them. Need more to rest assured? The platform is based on transparency because the trust of the investor is the key to success for any platform or project. Therefore, users have the opportunity to see all the transactions and the commodity flow at any time.
Fenix website:- https://fnxtrade.io
Whitepaper:- https://fnxtrade.io/whitepaper