Whom do you see as your main competitors? Could you briefly present your main advantages in comparison with other similar projects? Will dividends be paid to those who hold tokens for a certain time? Is there a token burning policy?
Currently there are a couple invoice financing and factoring companies that do business with fiat currencies which have not adopted the Blockchain within this industry. The one competitor that we have seen who has adopted the Blockchain has a high risk for invoice buyers. We do not want to mention their company name, additionally most fiat currency invoice discounting give 85% of invoice value and make the application so hard that the company just give up applying.
Our main advantage is that we have a user friendly platform which gives cover for businesses when posting their invoices which guarantees the invoice buyer their funds in a scenario where the business cannot make the payment.
We then take the invoice and chase the payment with our legal team.
This token is a utility token. PCORE Ltd has never said this is a shareholder offer.
The token offer does not carry any right whatsoever towards the company the sole purpose of the token is to act as a means to trade invoices on the platform.
Information regarding burning policy will be analysed and discussed later on the project. We will keep everyone updated.