May in Review — A New Dawn

FintruX Team
FintruX Network
Published in
5 min readJun 7, 2018

Dear Community,

May has been an extremely active month with behind the scenes planning! We did the grunt of our logistical planning to build up the foundations for rapid development of the platform, global expansion, and community growth. We are proud to announce that June and July will be committed to revitalizing FintruX Network to exceed the expectations of our community and successfully grow our brand in anticipation for our platform launch. We look forward to sharing details about our exciting plans.

But first, let’s start with what has happened in the last month.

LOOKING BACK

How We Are Doing It Right

This month, we have been featured positively for the second time on Hackernoon, a reputable crypto news publisher. The writers praised what our team is striving to achieve and the far reaching benefits of our ecosystem. The recent article highlights our accomplishments on attaining listings on three different exchanges in less than a week, as well as how we peaked at a 24h volume of 1 million. Read the whole article here.

The Hispanic community is also excited about FintruX, as illustrated by their recent publications. Our rising popularity can be sourced from their recognition of real positive use cases of our platform in their daily lives — and we hope to reach these regions in the near future.

Our co-founder Conrad published a fantastic blog expanding on our high standards of ethics and compliance in response to the latest news that regulators have opened approximately 70 investigations into cryptocurrency scams and fraudulent ICOs within the US and Canada. The importance of being compliant has been a fundamental value with the team’s extensive history in financial services, and it is demonstrated in our principle to anticipate events rather than react.

Growing our Company

We have launched a career page on our website in search of passionate individuals to join our team. With a multitude of positions available, we are not just looking to simply add to our team, but to invest in talented individuals who wish to further contribute and evolve our platform together. If you or someone you know is passionate about our mission to serve the underserved, please feel free to read and share these opportunities. Development/technical positions will be published soon. If you believe in our mission but don’t see a job that matches your profile, please let us know as your skills and experience may open new doors and opportunities.

Reaching Out

At the exciting Consensus conference in New York, we had the opportunity to share the FintruX mission to many potential partners and hope to announce unique integrations that extend our product soon. We had a great time meeting community members that have been with us from the start — and hope to continue to inspire more supporters to join our family!

Consensus Conference 2018

We have also been working hard on bringing in reputable financial institutions as partners and lenders on FintruX Network. We’d love to share who we’re working with, but with larger establishments, there are many politics to navigate that require full integration of our services prior to any official announcements.

MOVING FORWARD

We look forward to having a promising and exciting upcoming months with what we have planned, such as strategic changes, bi-weekly platform developments, and new community outreach plans to showcase.

Revitalization

We at FintruX Network value the support and input from our community. The original intent of our “Sharing not Burning” program was to reward our crowdsale participants to better align with our roadmaps, goals, and to urge early adopters to stay with our platform as we prepare for our product push in Q4. With input from our valuable community, we are planning on revamping our program to better inclusively reward all members of our family. As this decision affects all members of our community, we are planning to release a few plans on how we think this program could be improved (sourced from the community) in a poll to allow our family an equal opportunity to vote on how they would like us to proceed.

A complete redesign of the website is also in the works, which is expected to be released in the coming weeks. With this redesign, we are looking forward to showcase some new exciting members of our team that will take us to the next level of expansion.

Exposure

A new initiative for us is to push bi-weekly development updates to deliver iterative developments of our platform that our community can follow and experience. Our hope with this initiative is to garner an agile experience on the development of our platform, so that the community is involved with our journey as we take our next steps.

With the high quality content upcoming, it is important to us to capture and engage with wider audiences. Our planned marketing activities is aimed at being accessible to a wider outreach of communities throughout the world. In addition, we are partnering with a professional PR firm to further develop FintruX Network’s presence to broaden our global presence and recognition, as well as grow and cultivate our community in new regions. More details will be announced soon!

Future Events

June 20th — June 21st: Our team will be attending the Blockchain for Finance Conference in Singapore! At that event, Conrad will liaison with top financial institutions and future ecosystem partners.

June 21st: Nelson Lin, our CEO, has been invited as an industry expert by the University of Waterloo to speak on a panel at discussing the differences between fintech in the East in comparison to the West.

FintruX Network strives to exceed our community’s expectations, from regulation compliance to revitalizing our strategies. We aim to ensure that our platform stays strong, constantly improving and adapting to changing conditions - especially as we prepare to move into the next stage of our growth. We hope the community is as excited as we are for what’s to come.

Yours Truly,

The 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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