Peer-to-peer lending is the practice of lending money to individuals or businesses through online services that match lenders with borrowers. P2P lending has grown rapidly in recent years and is a new source of fixed income for investors. Compared to stock markets, P2P investments have less volatility and a low correlation. They also offer higher returns than conventional sources of yield. Recently several projects have been launched combining Blockchain technology with P2P lending business. FintruX Network is one of the blockchain powered P2P lending projects
What is FintruX:
FintruX network is a blockchain based online ecosystem connecting borrowers, lenders, and rated provider corporations. FintruX enables marketplace lending in a real peer-to-peer community to ease the cash-flow issues of small companies and startups. FintruX’s main aim is to make unsecured loans highly secure. FintruX Network is a multi-sided marketplace and ecosystem that delivers value not just to borrowers and lenders, but also to third-party guarantors and specialized service agents.
Why FintruX:
There are various lending and borrowing companies in the market. The differences of FintruX according to their competitors on the market are as follows:
Open ecosystem
Decentralized Reputation Ratings
Token as transaction fee
Decentralized Ethereum blockchain technology
Many systems as a platform architecture
No-code development and instant deployment
Unprecedented risk-reduction on unsecured loans
Roadmap:
Token Information:
• Token Sale Dates: 7 Feb— 28 Feb
• Token: FTX
• Token Type: ERC-20
• ICO Token Price: 1 FTX = 0.52 USD
• Fundraising Goal: 25.000.000 USD
• Total Tokens : 100.000.000
• Available for Token Sale: 75%
• Accepts: ETH
Conclusion:
Borrowing and lending are important aspects of financing. Various cryptocurrencies related to lending and lending have come to the market. FintruX will be one of the best cryptocurrencies in the future due to its experienced team and market size.
Useful Links:
Website: https://www.fintrux.com
Whitepaper: https://www.fintrux.com/home/doc/whitepaper.pdf
Twitter: https://twitter.com/fintrux
Facebook: https://www.facebook.com/FintruX/
Telegram: https://twitter.com/fintrux
Medium: https://medium.com/fintrux
Linkedin: https://www.linkedin.com/company/fintrux/
Reddit: https://www.reddit.com/r/FintruX/
Github: https://github.com/FintruX
Written by Storm06
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1549202