January In Review

FintruX Team
FintruX Network
Published in
4 min readFeb 3, 2018

Dear FintruX Community,

With this edition of our newsletter, we’d like to give you a summary of our project highlights for January. So far, 2018 has been fast-paced and eventful — expect many more announcements and partnerships moving forward!

Pre-Sale Success

We successfully raised ~$12,000,000 USD during our pre-sale that ended on January 21. With over 1,000 contributions from 80 different countries, we’ve raised a total of 10,300 Ethereum, which at the closing market rate was equivalent to $11,850,781 USD. This means that we already have 21,396,597 FTX tokens to be distributed to our supporters. Thank you again for your support!

Read more here: FintruX Network Doubles Soft Cap and Raises $12M in Pre-Sale

New Partnerships

Hive Project is the first blockchain based platform providing small businesses worldwide with fast and low-cost liquidity. This partnership will allow us to build bridges between our two concepts with no overlap — FintruX can refer clients who are looking for Invoice Factoring to Hive and Hive, in turn, can refer their clients to FintruX to care for their unsecured financing needs. We’re also thrilled that Hive co-founder and CEO, Jure Soklic, will be joining the FintruX team as our banking advisor.

Read more here: FintruX announces a Strategic Partnership with Hive Project

Persona is an up-and-coming blockchain project for identity management which gives customers access and control to their personal data. This partnership will further enhance the FintruX ecosystem’s ability to rapidly verify the identity and creditworthiness of borrowers. By leveraging this functionality we are able to manage risk more effectively and introduce hasslefree identity verification. With a simple sign on, all the information needed to submit a loan application can be 90% pre-completed.

Trust Wallet is an open source, easy-to-use, secure mobile Ethereum wallet that offers a variety of advantages over other wallets on the market. FintruX contributors who use Trust will be able to seamlessly add FTX tokens to their digital portfolio. When FTX is sent to Trust Wallet address the tokens will appear automatically. This also means that our token holders will be entitled to the full support and issue resolution expertise of the Trust team via their email or social media support channels.

FintruX Hits the Road

Seoul. We thoroughly enjoyed our roadshow in South Korea! We presented FintruX Network on January 18 at the Token Post Blockchain January event, and on the 19th at the Blockchain, Cryptocurrency and Beyond event. Speaking at these events along with several other blockchain companies, start-ups, scholars and community leaders from all over the world was a great experience. We’ve been able to extend our network of contacts in the Asian market and we’re looking forward to much more expansion in the region in the months to come.

Read more here: FintruX Roadshow: The Korean Experience

London. Stay tuned for our upcoming blog about our exciting experience at Blockchain Week London and the strategic relationships we’ve built!

Save the Date!

We have only a few days left until the start of our token sale on February 7. Early contributors will be rewarded with a 5% bonus, so please make sure you register for the whitelist as soon as possible. We already have over 11,000 applicants and we have structured the sale for fair distribution of our tokens.

We will be closing our whitelist on Tuesday, February 6th. For the last 5M raised in our sale, a cap of 5 ETH per transaction will be implemented; ensuring our tokens will be in the hands of as many supporters as possible.

Read our step-by-step guide here: How to Contribute

Lastly, please be safe while participating in our token sale. Protect yourself from phishing scams by always making sure you use our only official website www.FintruX.com. No member of our team will ever contact you directly requesting contributions and we will never share an ETH address on any channel other than our website.

Chat with us on Telegram if you have any questions, we’re there to help 24/7.

Thank you for your continuous support and engagement. See you on the 7th!

Sincerely,

Your FintruX Team

About us: FintruX Network is the global P2P lending ecosystem powered by blockchain and no-code development. FintruX facilitates marketplace lending in a true peer-to-peer network to ease the cash-flow issues of SMEs that typically face challenges getting loan financing, such as startup companies.

Find us on our: Website ; Twitter ; Facebook ; Reddit; LinkedIn

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