Every technology or contraption invented by man evolves at some point. Every breakthrough is initially frowned upon as it poses new questions and challenges the status quo. The reality is that people tend to be creatures of habit and they do not like change as much as they’d like to admit. Fintech is no different; we are on the cusp of a revolution in a sector that remained nearly untouched at its core for centuries, needless to say, that the early adopters of these new technologies will experience some blowback for their brashness! However, experts around the world acclaim that the Fintech revolution is here to stay whether some like it or not.
Couple the latest technology advancements with the way we perceive money and you have Fintech, a movement that promises to shake the very foundations of what we call today money and store of value. As it stands, every time a new wave of technology comes along, the early adopters of said technology are always significantly rewarded for their faith in the new product so if you are interested to know more about such possible new idea, follow along!
The Oryx Network: Redefining the meaning of Capital Investing!
If you had the opportunity to invest in Facebook or Google in their early days, would you have done it? Even if your answer is yes, you as a retail investor wouldn’t have had the chance to do so. The current start-up incubation scene only allows VC (Venture Capital) firms to invest in them, multi-billion companies like Sequoia or Palantir who get to invest in these companies before they go mainstream.
Usually, by the time these companies get an Initial Public Offering, the Venture Capitalists will have made a fortune, and retail investors are getting a piece of the action much later on. The Oryx Ecosystem plans to change that for good by allowing retail investors to get in on startups early on thus democratising the process of venture capital investments. With the help of the OryxCash token and a distributed ledger ecosystem retail users now finally have the chance to make a difference with their investment plan!
So how does the platform work?
To become an investor in the Oryx ecosystem users must register on the Oryx Pay module and purchase Oryx Cash tokens. With these tokens in place, investors will have access to a curated list of startups that are looking for investments on the Oryx Platform. Once the investors decide on which startup to invest in, a Smart Contract is created, and the profits of the startup are shared with all of their investors proportionally to their initial investments.
The profits are then paid back in Oryx Coins which can be exchanged back with the help of Oryx Pay or reinvested merely in another start-up venture. Should you find the next unicorn company that pulls the next Google of our generation, it’s safe to say that you will be delighted with your investments!