An ICO Based-On A Product. Yes Really

Published in

FinanceX

5 min readSep 25, 2018

In 2017, the success of ICO’s was unprecidented.

The rising fortunes of Bitcoin carried exaggerated optimism when it came to the prospects of new blockchain initiatives.

Many ICO’s prospered from investors infected with the all too common FOMO phenomenon.

A report published “ICO Market Research Q2 2018”, conducted by ICO Rating shows some dark figures for 2018 investors.

More than half of ICO’s in the second quarter of 2018 failed to raise $100,000 USD and only 7% were listed on exchanges, an incredible turn-around from the fortunes of earlier ICO’s.

Investing in an IDEA or a PRODUCT?

In the case of most ICO’s, an innovative blockchain idea is presented by a team with plans for implementation on a White Paper.

These ideas can be easily overhyped by a clever, financially-backed marketing campaign. Rather than a solution to a problem, often they are solutions in desperate search of a problem.

Although every great product starts as an idea, the risks of investment increase exponentially when nothing is proved.

Product-based ideas on the other-hand are much more difficult to find but the gamble is significantly less. This is given that the product is proven to work, solves a problem and fits a market.

The steady decline of the cryptomarket in 2018 is partly at blame for the failure of most ICO’s to fulfill investors expectations and their roadmaps.

Q2 2018 has forced investors to be more selective with their investment choices, and an ICO based on a product fits the description.

With the potential for a bull market seemingly just around the corner, now might be the time to find that ICO that has a proven product you can get behind.

It’s so difficult to find a product-based ICO!!!

Stop looking.

FinanceX is a real-time automatic cryptotrading platform focusing on providing traders with fiat-to-coin trading pairs.

Usually, trading altcoins requires the purchase of BTC or ETH as an intermediate, a slow and commonly more costly process.

With FinanceX, users can easily buy and sell digital assets with local currency without experiencing any of the exchange rate constraints or deposit fees associated with the typical method.

The FinanceX vision? To be the biggest cryptoexchange in Southeast Asia and among the top 10 in the Asia-Pacific region within 3 years.

The FinanceX Vietnamese exchange launched in August and already boasts over 15,000 users. The next stop is Indonesia in November on the journey to creating an interexchange network between countries favoring high liquidity.

2019 will be a year of expansion beginning with exchanges in Thailand and the Phillipines launching in February, prior to Malaysia, Singapore, Myanmar, and Laos.

2020–21 focuses on further expansion in to the Asia-Pacific region as well as the development of a decentralized exchange.

Features:

· Fiat-to-coin trading pairs and vice versa
· Many payment methods (bank transfer, E-wallet (PayPal, Screw, etc.)
· Rapid deposits and withdrawals (less than one minute from bank-to-wallet, no longer than 60 minutes from wallet-to-bank)
· An interexchange network that ensures high liquidity
· Low trading fees (0.3%) and a transparent fee structure
· Real-time trading at high speed (up to 100,000 transactions per second)
· Easy to manage portfolios
· Modern and intuitive user interface
· Security and privacy (notifications about activity, 2FA, KYC, cold wallet storage etc.)
· Stability of a proven system used for many stock and forex exchanges
· 24/7 customer support

FNX Token

FNX token is the official token of FinanceX exchange. Developed on the basis of the standard ERC 20 Ethereum blockchain, FNX builds on the global fiat money platform, becoming the next generation of pre-encrypted trading platforms.

FNX token will be paired with every coin and every fiat supported on the platform creating its own market.

The value of FNX token resides in the development of the FinanceX interexchange network between countries. Each new country opens a new market of traders exposing FNX growing the market cap and the value.

FNX will be the preferred method of trading due to heavily discounted trading fees: 50% for the first 6 months; 25% for the following 6 months.

FinanceX ICO Info

· Project Name: FinanceX
· Token code: FNX
· Headquarters: Bugis Cube, Singapore
· Foundation: Blockchain Ethereum ERC-20 standard
· Total token sales: 495,000,000 FNX
· Payment accepted by: Bitcoin (BTC), Ethereum (ETH)
· Opening time for selling ICO:
Private Sale: Finished
Presale: Ends November 14 (120,000,000 FNX tokens, $ 0.014)

ICO Round 1:

+ From November 21 to December 4
+ Token Number: 120,000,000
+ Price: $ 0.028

ICO Round 2:

+ From December 5 to December 19
+ Token Number: 110,000,000
+ Price: $ 0.036

ICO Round 3:

+ From December 20 to December 31
+ Tokens: 90,000,000
+ Price: $ 0.047

Listing date: January 15

Don’t miss out on this opportunity! Product-based ICO’s are rare indeed!

Check out some of our other articles:

For more information on the FinanceX project:

★ FinanceX exchange★ FinanceX ICO★ FinanceX Support★ FinanceX Labs★ Facebook★ Telegram★ LinkedIn★ Bitcointalk★ Medium★ Twitter★ Reddit★ YouTube★ Altcoinstalks★

#FinanceXLabs #FinanceX #FNX #ICO #tokensale #cryptocurrency #CryptoExchange #blockchain #BTC #ETH

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