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What Is Investx?
The Investx platform is a regulated equity crowdfunding platform that is built on blockchain technology and allows SMEs (small and medium sized enterprises) that have a financial record of accomplishment to easily raise funds and make investors accessible to shares in successful businesses that were otherwise viewed as inaccessible.
The platform aims at changing the access as well as cost of investing by making it very affordable and rewarding thus investors can share and support the businesses they believe in.
How Investx Blockchain Investment Business Works
The platform uses smart contracts technology and the legal contracts framework when making transactions on the platform, which leads to reduction in costs and complexities for raising funds for the businesses and thereby give transparency, security, as well as value for the investors. The secondary share market provides liquidity to the market through blockchain technology. The platform transacts a wide variety of deals from the minority growth capital to the full shareholder exists.
The platform is powered by the INX token, which is a reserve-backed cryptocurrency that is ERC20 compliant on the Ethereum blockchain. They are designed to be payment tokens, which are used for buying shares in the various businesses that are listed on the Investx platform.
The use of the tokens reduces the legal and transaction costs while at the same time making attractive investments available for users and giving early access to investments. Holders of the tokens can purchase shares, get paid for them in terms of dividends, and thereby sell their shares without involving the use of fiat.
Users of the platform purchase shares during the ICO to be used in the platform and become shareholders. Proceeds from the sale of the particular company as well as dividend payouts are done using the tokens.
Investx Benefits
Reserve Backed Tokens
The INX tokens are reserved backed and are used as a means of exchange in the SME businesses in the platform. The platform's unique mechanism of the provision of liquidity for reserve backing makes sure that the real world purchasing power goes hand in hand with the increase in token value.
Great Currency Design
The payment token on the platform is backed by real assets and its transaction costs reduced, thus making it very stable and appreciating. The design of the entire ecosystem is such that it expands and contracts with basis on the supply and demand in the market.
Future Involvement In The Platform
Users of the platform are given an opportunity to be part of its future growth in that at the launch of the platform, 10% of the shares are listed on it and investors have the option of investing in Investx whereas INX holders use their tokens to get early access.
Experienced Team
The team at Investx is highly experienced in matters targeting, acquiring, growing, and selling of businesses thus the services offered on the platform are guaranteed to be very excellent and profitable.
Investx INX Token ICO Details
Parameters of the ICO
- Token symbol: INX
- Token sale date: 15 JAN 2019 – 28 FEB 2019
- Accepted payment methods: ETH
- Total taken supply: 34,375,000 INX
- Hardcap: £25,000,000
- Softcap: £7,500,000
- ICO: 31,250,000 INX
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.