SECURIX: THE NEXT GENERATION OF MINING

Joe
6 min readSep 5, 2018

Hi guys, I bring to you yet another brilliant innovation, a solid and innovative project that is in its Whitelisting stage and this project is SECURIX. Ever since the invention of Bitcoin and the Blockchain technology, mining of coins was introduced to sustain the supply of a particular coin. Mining is therefore the process of creating a coin, be it Bitcoin, Ethereum, etc. on the blockchain, and it undergoes block confirmations to be actually mined by the miners.

WHAT IS SECURIX?

SECURIX is therefore a future generation and token-funded mining company based in the Netherlands, which is engaged in legal mining of bitcoin with the full approvals of the government of the Netherlands. The project aims to disrupt the mining field by bringing passive income to investors through the mining of bitcoin and other cryptocurrencies. All the investor needs to start earning passive income is to purchase project tokens called SRXIO. The more tokens purchased, the more passive income earned. This is inclusive of bonuses on the amount invested.

As a measure and demonstration of their honesty, the SECURIX team business plans to execute its business with a high degree of honesty and transparency. This inform their plan to publish their total Bitcoin volume mined in their Mega Vault application each month.

As an investor, one of the things that makes this project stand out and appeal to me is the fact that despite being a project that mines Bitcoins, the proceeds of the passive income will be disbursed in Ethereum. This is made possible because the SECURIX project is built on the Ethereum Network and so its tokens are standard ERC-20 tokens and its smart contract is based on the ERC-20 protocol of the Ethereum blockchain

As captured in their whitepaper, SECURIX plans to use 45% of its mined cryptocurrencies as income for investors. This informs why the company already invested in tangible assets by acquiring 24,000 mining equipment, as well as a building with a total area of 10,500 square meters. This is gives the company the capacity to earn an average of 24.5 bitcoins per day. This is a generous amount of mining per day.

They also plan to do regular token burning and buy back events to induce little scarcity and reduce the total supply of the SRXIO tokens. This is enable investors have representational projections and constant returns on investment.

SECURIX as a project a lot of competitive advantage over other projects and I’ll itemize them viz;

The cost of purchasing electricity will be grossly reduced as they plan to purchase electricity from their EAN-2-EAN platform which is a decentralized platform without unnecessary middlemen.

They plan to develop a vault wallet and internal decentralized exchange application. This will enable you manage your balance and find out up to date data about the power usage of the company and the number of coins mined. The internal exchange will give the user an opportunity to trade crypto assets, as well as exchange them for cash.

SECURIX plans to have a monthly investment strategy in place. This will allow investor funds to be reinvested, thus increasing the price of SRXIO tokens. It will also give the investor an opportunity to make regular profits.

They have a tested and trusted system of data protection and fire safety installed to guard against losses emanating from carnage

TOKEN DEPLOYMENT/DISTRIBUTION

One key element that endears this project to me is the fact that 15% of the tokens which will serve as remuneration for the founders will be locked in for twelve months. This will ensure that the tokens doesn’t get dumped on the market as we see it happen with other projects.

SECURIX ROADMAP

This project has a very clear and unambiguous road map. So far, it has been religiously followed with various deliverables actualized. This shows a very serious team and there is likelihood of them beating their deadlines.

SECURIX TEAM COMPOSITION

This is without any doubt an all star team with strong capabilities of delivering on the project. This 10-man team is a mix of experts with strong ties across the business management, IT (blockchain), Accounting, and Marketing

The Founders, Jac Donkersloot and Damian Strauss are both founders of Fintech Global BV, a finance services provider from Rotterdam, The Netherlands. They both have sound Finance backgrounds and have the requisite experience desired to champion the course of the project

ADVISORS

Like I always point out in my articles, an excellent team will require the guide and experience of advisors on the project who are willing to bring hands-on wealth of experience to the table. The SECURIX team are being advised by a very impressive 5-man board of advisors, who are very distinguished in their individual areas of expertise.

INDUSTRY RATINGS

For a project to be widely adopted, there has to be positive ratings from reputable ICO ratings companies across the crypto space. SECURIX has enjoyed a favorable rating from these companies, thus building investors’ confidence and belief in the project.

USEFUL LINKS:

SECURIX Website: https://www.securix.io/

SECURIX Whitepaper: https://securix.io/wp/Securix_Whitepaper_onepager_GB.pdf

SECURIX Whitepaper: https://www.securix.io/#docs

SECURIX LinkedIn: https: //www.linkedin .com / company / securix-io /

SECURIX Github: https://github.com/SRXIO

SECURIX Instagram: https://www.instagram.com/securixio/

SECURIX Facebook: https://www.facebook.com/securixmarketing

SECURIX Twitter: https : //twitter.com/securixio

SECURIX Telegram: https://t.me/securixio

SECURIX Bitcointalk [ANN] Thread: https://bitcointalk.org/index.php?topic=4744419

SECURIX Medium: https: / /medium.com/@securixio

SECURIX YouTube:https://www.youtube.com/channel/UC6NbXR12fV5YVYS1wTf1GYA

CLOSING REMARKS

This is a project with high use case and an excellent value proposition. With the afore information provided, it is certain SECURIX will be revolutionizing mining on the blockchain and will disrupt the space with rate of returns on investments, and access to real-time mining information, something shrouded with a lot of secrecy with other companies. This is what inspired the blockchain revolution.

This project review, however deliberately left out the technical details as I did not want to bore you with those. If this is of interest to you, I advise you download the detailed whitepaper with the link provided above.

Conclusively, if you have any questions that require clarification, kindly leave them at the comment section and I’ll will be more than happy to provide answers or a feedback from the project team as soon as possible. Thank you once again for your time.

You can connect with me on Bitcointalk here:

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1439097/

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