Fast Invest — The Future of Digital Banking

Bariacz Roni
4 min readDec 25, 2017

--

1.Summary

Blockchain technology is a solution for business. It offers fast and secure online transactions and online transfers for any cryptocurrency or other data.

The revolution in the financial sector is inevitable, and Fast Invest is on the very edge of it all along with the crypto-community.

Fast Invest is expanding the platform to a new infrastructure on the blockchain technology to offer a broader range of financial products. Fast Invest will provide investment solutions, which are different from traditional investment.

Fast Invest ensures that all aspects of customer experience meet the highest standards of service excellence. To this end, we are focusing on providing our customers with the best user experience in the banking sector.

2.Vision

The Fast Invest team is developing a platform, which incorporates P2P investment, an e-money wallet, and currency exchange. After successful ICO crowdfunding, we will start to create additional products for both individuals and legal entities: the lending extension, as well as the opportunity to acquire the Fast Invest premium payment card. The Fast Invest platform will be available as an iOS and Android application.

3.Way to operate

Fast Invest (www.fastinvest.com) is an operating online investment marketplace which allows its members to invest in consumer-based loans.

Fast Invest builds a sustainable and scalable model of investment which does not require traditional bank support, and which enables our investors to grow their investment portfolio, earning passive income faster and easier than in conventional credit institutions.

Fast Invest is different from our competitors because we have the lowest entry point in the P2P investment market. You can start investing with as little as only 1 Euro, US dollar, Pound sterling or Polish zloty. No rush, no stress, no risk, and no bureaucracy. We do not limit how much money a user can invest using our platform.

· Step 1: Borrower Receives a Loan.

· Step 2: Servicing Loans

· Step 3: Borrower Makes Regular Repayments

· Step 3: Borrower Makes Regular Repayments

*Our platform does not have a secondary market for investment trading. If at any time our clients decide to stop investing, we are obligated to buy back the investment in 1 day (BuyBack Guarantee)

If at any time a borrower is 3 or more days late on their scheduled payment, our Default Guarantee steps in. Default guarantee is provided by our business partners (Credit institutions), which are obligated to cover every late instalment. (Default Guarantee) *

4. Financial Instruments

4.1.Digital Currency Exchange

The platform lets users easily swap cryptocurrencies for other digital currency or fiat currency like US dollars, Euro or other currencies supported on the platform.

4.2. Digital Wallet

The digital wallet will ease money management and functionality via the blockchain.

There will be two ways to use a digital wallet:

1. Online — web-based system.

2. Mobile — app running on iOS and Android devices

4.3. Investment services

There are two types of investments:

· Investing in cryptocurrency itself

· Crypto-proved loan investment

Fast Invest provides an opportunity of earning up to 15% annual interest rate on consumer loans.

-Advantages:

· A limited number of crypto account holders;

· No client identification required;

· Various crypto investment products on the same platform;

· P2P investment offers a high rate of return to investors;

· You can invest in a diverse P2P loan portfolio;

· Receive monthly payments of principal and interest as the borrowers repay their loans;

· You can get your invested money back in 1 day (Buyback);

· You can invest in both crypto and fiat currencies.

4.4. Mobile App

· All operations are available online

· Real-time notifications about the processes in the account

· Online client support

· Full functionality, based on your phone. For example — FaceID, TouchID and other

· Send and receive money worldwide;

· Free instant crypto and fiat transfers to other Fast Invest users.

5.Token

To become a Fast Invest Premium crypto-account member, you need to get a minimum of 1000 Fast Invest tokens. The first 1000 members with will be awarded Fast Invest Special Edition payment cards.

Advantages for members:

· A limited number of token holders will become Fast Invest crypto account users

· Members will have access to all crypto services on the same platform

· Exchange cryptocurrency to other digital or fiat currency, using a web or mobile app

· Complete transparency of client data and transactions

· Fast Invest tokens will be traded on global exchanges

· No client identification required

5.1. Token Sale

Fast Invest will issue Fast Invest tokens (FIT).

777 000 000 tokens will be generated in total.

Fast Invest tokens crowdsale will take place on December 4th, 2017 10:00 a.m. London time and will be distributed until January 31st, 2018 3:00 p.m.

*1000 FIT = 1 ETH

5.2. Token Distribution

· Fast Invest team: 20% of generated tokens

· Community growth and bounty program: 15% of generated tokens

· Future company financing: 15% of generated tokens

· Crowdsale participants: 50% of generated tokens

For more information:

· Email: ico@fastinvest.com

· Website: https://www.fastinvest.com

· Whitepaper: https://fastinvest.com/documents/fast-invest-whitepaper.pdf

--

--